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Whoops! by John Lanchester
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Whoops! [Paperback]

Why Everyone Owes Everyone and No One Can Pay

by John Lanchester
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Description of Whoops!

We are, to use a technical economic term, screwed. The cowboy capitalists had a party with everyone's money and now we're all paying for it. What went wrong? And will we learn our lesson - or just carry on as before, like celebrating surviving a heart attack with a packet of Rothmans? If you want to know, but are the sort of person who finds it hard to tell the difference between a CDO, a CDS, an MBS, and a toasted cheese sandwich, John Lanchester has mastered the finer points of finance so you don't have to. In "Whoops!" he explains, in language everyone can understand, what really happened - and what on earth we do next.

Title Information

ISBN:
9780141045719
Pages:
256 pages
Format:
Paperback
Product Code:
505720
Publisher:
Penguin Books Ltd
Published:
07/10/2010

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About John Lanchester

John Lanchester is a journalist, novelist and winner of the Whitbread First Novel Award. He is a regular contributor to the London Review of Books and the New Yorker, with a monthly column in Esquire. John's piece on our love affair with the City, 'Cityphilia', generated much response on its publication in January 2008 and indeed predicted a worldwide crash based on the misuse of financial derivatives. In October 2008 he charted the crisis as it had developed over the year in 'Cityphobia', which also attracted much attention as a piece that explained not only what had happened, but how we felt about it. John was raised in South-East Asia and now lives in London.

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