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The Crunch: The Scandal of Northern Rock and the Escalating Credit Crisis
 
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The Crunch: The Scandal of Northern Rock and the Escalating Credit Crisis (Paperback)

by Alex Brummer (Author)
4.2 out of 5 stars  See all reviews (5 customer reviews)

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Product details

  • Paperback: 320 pages
  • Publisher: Random House Business Books (3 July 2008)
  • Language English
  • ISBN-10: 1847940080
  • ISBN-13: 978-1847940087
  • Product Dimensions: 23.2 x 14.8 x 2.2 cm
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon.co.uk Sales Rank: 158,124 in Books (See Bestsellers in Books)

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Product Description

City AM

FOUR STARS 'A compelling and clear narrative about the financial crisis and its implications, skilfully providing simple explanations of technical banking concepts without patronising his readers'

Observer, 3 August 2008

`... he brings a journalist's relish to his task of revealing everything you wanted to know about the credit crunch but were too afraid to ask ... vivid ... fascinating ... reads like a thriller'
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What Do Customers Ultimately Buy After Viewing This Item?

The Crunch: The Scandal of Northern Rock and the Escalating Credit Crisis
52% buy the item featured on this page:
The Crunch: The Scandal of Northern Rock and the Escalating Credit Crisis 4.2 out of 5 stars (5)
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Customer Reviews

5 Reviews
5 star:
 (2)
4 star:
 (2)
3 star:
 (1)
2 star:    (0)
1 star:    (0)
 
 
 
 
 
Average Customer Review
4.2 out of 5 stars (5 customer reviews)
 
 
 
 
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Most Helpful Customer Reviews

 
6 of 6 people found the following review helpful:
5.0 out of 5 stars A Layman`s guide to the credit crunch, 16 July 2008
By Mr. J. Chand - See all my reviews
(REAL NAME)   
If ever anyone wanted to know what the `credit crunch` was all about then look no further than this offering from `The Daily Mail`s`chief economic journalist- alex brummer.
The book explains how, why and who were the main protagonists in this unfolding financial drama.
From the background of Northern Rock`s woes to the exploits of jerome kerviel at societe general, all points are candidly covered in brummer`s typical style of writing.
There is even a glossary of financial jargon, which detail the often mysterious terms used by the professionls, expained in every-day english.
Well worth the money!

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6 of 6 people found the following review helpful:
5.0 out of 5 stars Rock Cruncher, 16 July 2008
By Mr. S. E. RAVEN "book junky" (London, England) - See all my reviews
(REAL NAME)   
Feeling the pinch of the credit crunch? So were Northern Rock, and foolishly, they chose to deal with it by hoarding funds, with disastrous repercussions. Alex Brummer's thorough and engagingly written account blows the whistle on the scandal of the troubled British bank.

This is the book Northern Rock didn't want you to read and Brummer's tight, journalistic style makes this an expose you can't afford to miss.
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2 of 2 people found the following review helpful:
4.0 out of 5 stars Excoriating but readable, 1 Oct 2008
By G. L. Haggett "glynlhaggett" (UK) - See all my reviews
(TOP 500 REVIEWER)    (REAL NAME)      
An often excoriating take on the current plight of the financial services industry, which takes the Northern Rock fiasco as a starting point for an examination of the wider picture.

There is definitely a right-wing slant to what is said, but this book is valuable for its readability and in particular its refusal to lose itself in financial jargon; instead, it makes complicated matters clear to the layman.
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Most Recent Customer Reviews

4.0 out of 5 stars Very useful account of the crisis
Alex Brummer, the Daily Mail's City Editor, has produced a valuable account of the origins of the crisis. Read more
Published 15 months ago by William Podmore

3.0 out of 5 stars Missing Pages
Beware!

I bought this book at a local book store. When I got it home I found the first 20 pages were missing! Read more
Published 17 months ago by David

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