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THE COVER-UP IBD

SANS SOUCIE STUDIO
12 / 2015
9780692595220
Inglés

Sinopse

In this satirical comedy, author Pierre LeBlanc sets the stage for the financial crisis of the 1980',s. áUsing his wit and sense of humor he shows us the follies which lead to the Savings and Loan debacle.áIgnace Boudreaux and his nephew Pierre are on a journey through the Washington Bingo Dome to discover the whereabouts of the missing Lafite Savings capital. áIt has disappeared! áIgnace has to solve this mystery and save the little town of Lafite, Louisiana.A financial crisis began in the late 1970&rsquo,s with inflation at 15-17% and interest rates from 16-20%. Government actions are the primary cause of inflation in any country.âÇïFinancial institutions thatálent money long-term at 6% to 8% were paying 14% to 16% for savings, which gave them a negative cash flow ofá8% on their total assets. No lender can sustain this situation for an extended length of time.

PVP
6,80