This new edition has been expanded and thoroughly updated with extensive coverage of the recent financial crisis and the very latest developments within the financial world.
- Substantially updated new edition with nearly 40% new material, including sections on credit cards, mortgage lending, microfinance, risk management, derivatives, and securitization
- Includes coverage and references to the recent financial crisis and the very latest developments within the financial world
- Focuses on the practical issues that confront finance professionals, policy makers, and consumers of financial services
- Cites examples of the scandals that have shaken public confidence in Wall Street and world financial markets
- Includes numerous examples throughout to illustrate the concepts and issues described within the text
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