Full Faith & Credit: A Novel About Financial Collapse - A sudden decline in the dollar leads to a steep correction in the stock market. As negative economic news piles up, financial markets go from bad to worse sending stocks and bonds into a relentless tailspin. A panic ensues. The stock market collapses further and most investors are wiped out. The booming economic expansion turns into a sharp credit contraction and depression. Consumer buying shrivels and business activity plummets. Mortgage foreclosures are epidemic. ...
Read More
Full Faith & Credit: A Novel About Financial Collapse - A sudden decline in the dollar leads to a steep correction in the stock market. As negative economic news piles up, financial markets go from bad to worse sending stocks and bonds into a relentless tailspin. A panic ensues. The stock market collapses further and most investors are wiped out. The booming economic expansion turns into a sharp credit contraction and depression. Consumer buying shrivels and business activity plummets. Mortgage foreclosures are epidemic. Unemployment soars.Richie Stenquist, an aggressive speculator, begins to maneuver through the wreckage. In the face of collapsing markets, he parlays his small stake into a vast fortune. The worst is yet to come. The dollar crashes, interest rates scream upward, mutual funds postpone redemptions, and liquidity vanishes. Massive derivative defaults capsize banks and hedge funds. Huge government guarantees and bailouts puts immense financial strains on the government. The depression dramatically reduces the government's tax revenues. Trillions in government debt must be rolled over at double-digit interest rates. A default appears imminent.The president meets with the chairman of the Federal Reserve and the secretary of the Treasury to try to fashion a way out of the greatest financial crisis in history. Against the backdrop of a nationwide financial collapse and rising social unrest, Richie Stenquist is forced to make difficult personal decisions for himself and his family. Full Faith & Credit is the story of one man's actions and insights in the midst of a crisis.
Read Less
Add this copy of Full Faith & Credit to cart. $9.87, good condition, Sold by Once Upon A Time Books rated 2.0 out of 5 stars, ships from Tontitown, AR, UNITED STATES, published 2003 by Blue Book Publications.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
This is a used book in good condition and may show some signs of use or wear. This is a used book in good condition and may show some signs of use or wear.
Add this copy of Full Faith & Credit to cart. $9.89, like new condition, Sold by ThriftBooks-Atlanta rated 5.0 out of 5 stars, ships from Austell, GA, UNITED STATES, published by Blue Book Publications.
Add this copy of Full Faith & Credit to cart. $9.89, like new condition, Sold by ThriftBooks-Baltimore rated 4.0 out of 5 stars, ships from Halethorpe, MD, UNITED STATES, published by Blue Book Publications.
Add this copy of Full Faith & Credit to cart. $9.91, very good condition, Sold by HPB-Emerald rated 4.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2003 by Blue Book Publications.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Very good. Connecting readers with great books since 1972! Used books may not include companion materials, and may have some shelf wear or limited writing. We ship orders daily and Customer Service is our top priority!
Add this copy of Full Faith and Credit to cart. $10.78, very good condition, Sold by ThriftBooks-Reno rated 5.0 out of 5 stars, ships from Reno, NV, UNITED STATES, published 2000 by Blue Book Publications.
Add this copy of Full Faith and Credit to cart. $10.78, good condition, Sold by ThriftBooks-Dallas rated 5.0 out of 5 stars, ships from Dallas, TX, UNITED STATES, published 2000 by Blue Book Publications.
Add this copy of Full Faith & Credit: a Novel About Financial Collapse to cart. $10.78, good condition, Sold by Once Upon A Time Books rated 2.0 out of 5 stars, ships from Tontitown, AR, UNITED STATES, published 2000 by Blue Book Pubns.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Good in good dust jacket. This is a used book in good condition and may show some signs of use or wear. This is a used book in good condition and may show some signs of use or wear.
Add this copy of Full Faith & Credit to cart. $11.61, very good condition, Sold by Wonder Book - Member ABAA/ILAB rated 5.0 out of 5 stars, ships from Frederick, MD, UNITED STATES.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Very Good. Very Good condition. A copy that may have a few cosmetic defects. May also contain light spine creasing or a few markings such as an owner's name, short gifter's inscription or light stamp. Bundled media such as CDs, DVDs, floppy disks or access codes may not be included.
Add this copy of Full Faith & Credit: a Novel About Financial Collapse to cart. $12.58, very good condition, Sold by Kayleighbug Books rated 5.0 out of 5 stars, ships from CEDAR GROVE, WV, UNITED STATES, published 2000 by Blue Book Pubns.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Near Fine in Near Fine jacket. Size: 6x1x9; No Stock Photos! We photograph every item. A sudden decline in the dollar leads to a steep correction in the stock market. As negative economic news piles up, financial markets go from bad to worse sending stocks and bonds into a relentless tailspin. A panic ensues. The stock market collapses further and most investors are wiped out. The booming economic expansion turns into a sharp credit contraction and depression. Consumer buying shrivels and business activity plummets. Mortgage foreclosures are epidemic. Unemployment soars. Richie Stenquist, an aggressive speculator, begins to maneuver through the wreckage. In the face of collapsing markets, he parlays his small stake into a vast fortune. The worst is yet to come. The dollar crashes, interest rates scream upward, mutual funds postpone redemptions, and liquidity vanishes. Massive derivative defaults capsize banks and hedge funds. Huge government guarantees and bailouts puts immense financial strains on the government. The depression dramatically reduces the government's tax revenues. Trillions in government debt must be rolled over at double-digit interest rates. A default appears imminent. The president meets with the chairman of the Federal Reserve and the secretary of the Treasury to try to fashion a way out of the greatest financial crisis in history. Against the backdrop of a nationwide financial collapse and rising social unrest, Richie Stenquist is forced to make difficult personal decisions for himself and his family. Full Faith & Credit is the story of one man's actions and insights in the midst of a crisis.
Add this copy of Full Faith & Credit: a Novel About Financial Collapse to cart. $14.00, very good condition, Sold by Book Alley rated 4.0 out of 5 stars, ships from Pasadena, CA, UNITED STATES, published 2000 by Blue Book Pubns.
I first read this book about 3 years ago and found it compelling, I couldn't put it down. In view of the current global economy, it does not at all seem far fetched. In fact, it is almost prophetic, in describing a global melt down, resulting in the United States being in financial chaos. I thoroughly enjoyed it.