How Sub-Prime Securitization Destroyed the Legitimacy of Financial Capitalism
by
Justin O'Brien
Language: English
Release Date: July 13, 2009
In July 2007, the then chief executive of Citigroup, Charles Prince, captured the hubris of a market dangerously addicted to debt: “When the music stops, in terms of liquidity, things will be complicated. But as long as music is playing, you have got to get up and dance. We're still dancing.”...