Archive for Michael S. Rozeff

Michael Rozeff is the retired holder of the Louis M. Jacobs Chair in Finance at the University of Buffalo.

The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash

The stocks of banks, investment banks, and associated financial institutions declined severely in 2007-08 when their many bad loans, first in subprime mortgages and then in other securities, surfaced. Scholars will be pondering this event for years to come, as they have with the Great Depression. In this instant and brief history, Charles Morris, lawyer, [...]

24Apr2009 | Michael S. Rozeff | 1 comment | Continued
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