Instant New York Times Bestseller!

“How we got into the mess we’re in, explained briefly and brilliantly.”
—New York Times Book Review

“An absolutely excellent narrative of the horror that we have in the credit markets right now.… It’s a wonderful explanation of how it happened and why it’s so rotten,
and why it will take a long time to unwind.”—Paul Steiger, former Managing Editor, The Wall Street Journal

The sub-prime mortgage crisis is only the beginning; a more profound economic and political restructuring is on its way. According to Charles R. Morris, the astronomical leverage at investment banks with their hedge fund and private equity clients virtually guarantees massive disruption in global markets. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will come crashing down with it. The Trillion Dollar Meltdown explains how we got here, and what is about to happen.

REVIEW
Morris (Tycoons) explains the subprime mortgage crisis and discusses the sobering reality of how this financial debacle is only the beginning of even more profound economic and political restructuring expected toward the end of 2008 and into 2009. Narrating his second audiobook for Phoenix (after Everything You Know About God Is Wrong), Nick Summers delivers a solid, composed performance. Recommended for learned listeners savvy to the heady complexities of high finance; most relevant to university libraries
supporting graduate–level finance and economics curricula. [The PublicAffairs hc, released in March, was a New York Times best seller.—Ed.]—Dale Farris, Groves, TX

About the Author
Charles R. Morris is the author of several books, including Tycoons, American Catholic, and The Cost of Good Intentions. He has written for the New York Times, Atlantic, and Harper’s, among other publications. He lives in New York City.

About the Reader
Nick Summers is a voice actor and radio writer living in Los Angeles. His voice is heard on audiobooks, narrations and commercials nationwide.

Click here to listen to Charles R. Morris on National Public Radio as he speaks about his book The Trillion Dollar Meltdown and the current credit crisis.

ISBN 978-1-59777-214-3
$27.95 US / $29.95 CANADA
5 CD's Unabridged

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