Bailout; what the rescue of Bear Stearns and the credit crisis mean for your investments.9780470401255 Bailout; what the rescue of Bear Stearns and the credit crisis mean for your investments. Waggoner, John M. John Wiley & Sons 2008 196 pages $24.95 Hardcover HG4521 The collapse of former financial giant Bear Stearns (not to mention the other failing financial institutions that followed Bear Stearns into oblivion) and the ongoing credit crisis has investors understandably worried. Addressing these investors, Waggoner (the investment columnist and personal finance reporter for USA Today) presents a fairly mainstream explanation of the causes of the crisis and dispenses advice on how to weather it, addressing strategies to protect oneself against deflation and inflation as well as how to recognize signs of boom and bust on Wall Street. ([c]2009 Book News, Inc., Portland, OR) |
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