LEADER 00000nim a22005175a 4500 003 MWT 005 20191125105924.0 006 m o h 007 sz zunnnnnuned 007 cr nnannnuuuua 008 190809s2018 xxunnn es i n eng d 020 9780062882479 (sound recording : hoopla Audio Book) 020 0062882473 (sound recording : hoopla Audio Book) 029 https://d2snwnmzyr8jue.cloudfront.net/ hpc_9780062882479_180.jpeg 028 42 MWT12142807 037 12142807|bMidwest Tape, LLC|nhttp://www.midwesttapes.com 040 Midwest|erda 082 04 332.10973|223 099 eAudiobook hoopla 099 eAudiobook hoopla 100 1 Freeman, James|c(Journalist),|eauthor. 245 10 Borrowed time :|btwo centuries of booms, busts, and bailouts at Citi|h[Hoopla electronic resource] /|cJames Freeman and Vern McKinley. 250 Unabridged. 264 1 [United States] :|bHarperAudio,|c2018. 264 2 |bMade available through hoopla 300 1 online resource (1 audio file (11hr., 52 min.)) : |bdigital. 336 spoken word|bspw|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 344 digital|hdigital recording|2rda 347 data file|2rda 506 Digital content provided by hoopla. 511 0 Narrated by Fred Sanders. 520 The alarming, untold story of Citigroup-one of the largest financial institutions in the world-from its founding in 1812 to its role in the 2008 financial crisis, and the many near-death experiences in between. During the 2008 financial crisis, we were told that Citi was a victim of events beyond its control-the larger financial panic, unforeseen economic disruptions and a perfect storm of credit expansion and private greed. To save the economy and keep the bank afloat, the government provided huge infusions of cash through multiple bailouts that frustrated and angered the American public. But, as Wall Street Journal writer James Freeman and financial expert Vern McKinley reveal, the 2008 crisis was just one of many disasters Citi has experienced since its founding more than two hundred years ago. In Borrowed Time they reveal Citi's disturbing history of instability and government support. It's a story that neither Citi nor Washington wants told. Citi has long been tied to the federal government in a relationship that has benefited both. From its earliest years, its well-connected leadership-most of its initial stockholders had owned stock in the Bank of the United States-took massive risks that led to crisis. But thanks to a rescue by private investors, including John Jacob Astor, the bank survived throughout the nineteenth century. This is just the tip of the iceberg. The scale of the financial panic of 2008 was hardly unprecedented. As Borrowed Time shows, crisis and outright disasters have been surprisingly common during the century of government-protected banking-especially at Citi. 538 Mode of access: World Wide Web. 610 20 Citigroup (Firm) 650 0 Banks and banking|zUnited States. 650 0 Bank failures|zUnited States|xPrevention. 650 0 Bailouts (Government policy)|zUnited States. 650 0 Financial crises|zUnited States. 650 0 Business. 700 1 McKinley, Vern. 700 1 Sanders, Fred,|d1955-|4nrt 710 2 hoopla digital. 856 40 |uhttps://www.hoopladigital.com/title/ 12142807?utm_source=MARC|zInstantly available on hoopla. 856 42 |zCover image|uhttps://d2snwnmzyr8jue.cloudfront.net/ hpc_9780062882479_180.jpeg