The Financial Crisis and the Free Market Cure

  • by John Allison
  • Narrated by Alan Sklar
  • 10 hrs and 34 mins
  • Unabridged Audiobook

Publisher's Summary

Did Wall Street cause the mess we are in? Should Washington place stronger regulations on the financial industry? Can we lower unemployment rates by controlling the free market? Answer: no. Not only is free-market capitalism good for the economy, it is our only hope for recovery. As the nation’s longest-serving CEO of one of the top 25 financial institutions, John Allison has had a unique inside view of the events leading up to the financial crisis. He has seen what the government has done to the real estate market and how government regulations only make matters worse. Now in this controversial wake-up call of a book, he has given us a solution.
With shrewd insight, alarming insider details, and practical advice for today’s leaders, this electrifying analysis is nothing less than a call to arms for a nation on the brink. In the end, you’ll understand why it’s so important to put the “free” back into free market.
About the author: John Allison is the former chairman and CEO of Branch Banking & Trust Corporation. He currently serves as a distinguished professor at the Wake Forest University School of Business. He is an inductee of the North Carolina Business Hall of Fame.


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Customer Reviews

Most Helpful

Banking Info Excellent

Would you listen to The Financial Crisis and the Free Market Cure again? Why?

No--most of it was informative and interesting but he ended up talking about his other views, outside of banking, which were a bit weird

Would you be willing to try another book from John Allison? Why or why not?

NO--the banking part was interesting, even when he talked about his own bank, but the rest was boring

Any additional comments?

Most of the book was interesting, but seemed to be poorly edited, especially at the end. At one point the author pointed to poor education for minorities (when talking about minimum wage problems) and said that they could not get jobs so they ended up dealing drugs and then got thrown into jail. This should have been edited out or modified because it sounded very strange.

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- Jack Benadon

Authoritative, Curmudgeonly and Randian

The former CEO of one of the few banks that did not need the TARP bailout explains the ways banks and banking regulators failed to protect the rest of us from, and actually caused, the crash of 2008. A fascinating insider's viewpoint on US banking. Quite, quite obvious the author is a big fan of Ayn Rand, long before he said so himself.
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- Carol C. Buchalter

Book Details

  • Release Date: 09-27-2012
  • Publisher: Blackstone Audio, Inc.