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After the Music Stopped

After the Music Stopped

By Alan S. Blinder

The Financial Crisis, the Response, and the Work Ahead. Penguin, 2013.

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15 mins read

13 Key insights

A brief summary of After the Music Stopped

A detailed account of the events that led to 2008 financial crisis, including specifics about the system and policies that allowed the economic meltdown to occur with an especial focus on the continued international implications.

Key insights in After the Music Stopped

1
What do you get from this book? A comprehensive account of how the us government responded to the great recession
2
The financial crisis began in 2007 when there was far less market regulation
3
Unchecked housing loans and subprime mortgages were the precursor to the economic downturn
4
When the bond bubble burst, the financial system faced additional pressure
5
The great recession was set in motion by seven key weaknesses
6
The destabilized stock market came close to causing a financial meltdown
7
The us government and federal reserve took historic measures to save the economy
8
New regulations were put in place to prevent a similar crisis from happening again
9
The financial repercussions of the economic crisis were felt worldwide
10
The lessons from the worldwide economic slowdown urge caution and oversight
11
Summary of the key insights
12
Selected critiques in brief
13
Final word

Who should read After the Music Stopped

Economist • Statisticians • Government financial regulators • Bankers and insurance brokers • Financial Analysts • Investors interested in past market cycles

About the author of After the Music Stopped

Author Alan S. Blinder is an accomplished financial analyst and speaker, appearing in the Wall Street Journal and on PBS, CNN, and other news networks. He is a former federal governor, White House advisor, Professor of Economics and Public Affairs at Princeton University, and a best-selling author.

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Alan S. Blinder

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