Checking the Banks

Checking the Banks

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Overview

Checking the Banks by Tom Sgouros

“This is a marvelous book! Well-written—even enjoyable to read—about local banking! Packed with important information, not only for the expert, but for anyone, activist or public official, Put it on top of your reading pile!”


Gar Alperovitz, author of What Then Must We Do?

“A clear, accessible, practical, grounded, and authoritative intro- duction to how banks account for their use of your money.”

David Korten, author of Agenda for a New Economy: From Phantom Wealth to Real Wealth


What do they think they’re doing?

The global network of banks, brokers, funds, dealers, servicers, and all the rest is a marvel of the 21st century—for better and frequently worse. In the aftermath of the worst financial crisis in a generation, there has never been a more important time to understand how the system works... and why it doesn’t.

Checking the Banks is an easy-to-read primer on how a bank—and the banking system—works. Complex ideas, like bank capital, leverage, risk-weighting, and repo transactions are explained in clear, understandable language.


This is a book for


  • People who want to understand banks,


  • Activists determined to change them,


  • Reformers seeking to build alternatives.






Product Details

ISBN-13: 9780982470725
Publisher: Manual Writing, NA
Publication date: 11/11/2013
Pages: 220
Product dimensions: 5.50(w) x 8.50(h) x 0.50(d)

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