Product Name: Meltdown
Product Category: Books in Media
Manufacturer: Pan Macmillan
Product Features :
Product Description :
In a world where your hiding places are suddenly exposed, where do you put your skeletons? This is more than the story of Credit Suisse, a bank that failed. It's a shocking and brutally honest deep dive into a shady world of greed, lies and unrelenting human ambition.Credit Suisse was a 166-year-old bastion of Swiss banking, amongst the most important and influential financial institutions in the world – but a veneer of high-class service disguised a darker, dirtier reality. From its sterile Zurich headquarters, the bank catered to a clientele that included dictators, drug dealers and former Nazi officers, and helped fleece its own clients out of billions of dollars. This continued for decades, even as Credit Suisse continued to expand, acquiring smaller banks and granting its own executives lucrative bonus contracts.Meltdown is the story of how the house of cards fell apart. Bloomberg investigative journalist and bestselling author of Pyramid of Lies Duncan Mavin takes readers inside the bank’s hushed marble corridors, detailing its secretive culture and the series of increasingly selfish decisions, made by a handful of men at the top, which ultimately led to disaster. This is the fascinating history of one of the biggest financial institutions of our times, which forces the question: in a modern world of free information, will big banks ever be allowed to survive again? And, more importantly, should they be?
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