The modern deal -- KKR, Sungard and the private equity phenomenon -- Accredited home lenders and the attack of the MAC -- United Rentals, Cerberus, and the private equity implosion -- Dubai ports, Merrill Lynch, and the sovereign wealth fund problem -- Bear Stearns and the moral hazard principle...

The devastating events that beset financial markets in the summer of 2007 led to a huge contraction in global economic output and left the financial and banking systems in the core economies of the United Kingdom, United States and Europe on the brink of destruction. The ensuing fallout from...