Extreme Money: Masters of the Universe and the Cult of Risk
- ISBN-10
- 0132790076
- ISBN-13
- 9780132790079
- Category
- Business & Economics
- Pages
- 459
- Language
- English
- Published
- 2011
- Publisher
- FT Press
- Author
- Satyajit Das
Description
Everything from home mortgages to climate change has become financialized, as vast fortunes are generated by individuals who build nothing of lasting value. Das shows how "extreme money" has become ever more unreal; how "voodoo banking" continues to generate massive phony profits even now; and how a new generation of "Masters of the Universe" has come to domiinate the world.
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