The Day the King Defaulted

Contrasts the financial instruments blamed for the banking crisis of 2008 with the crisis of 1672
Examines a financial incident that rivals the 1720 South Sea Bubble in economic importance
Combines elements of financial and political history during Restoration England

Autorentext

Moshe Arye Milevsky is Professor of Finance at the Schulich School of Business at York University, Canada. An award-winning author and scholar, he is an expert on the modern and historical intersection of insurance and financial products. He is also a very popular speaker who has delivered over 1,000 presentations around the world.

Inhalt

1. Bankers Then and Now.- 2. Dramatis Personae.- 3. The Goldsmith-Bankers.- 4. Personal Finances of a King.- 5. Paid Upon Orders from the Treasury.- 6. Diary of a Default.- 7. Concluding Thoughts for the 21st Century.