24 June 2010

book review

lords of finance: the bankers who broke the world --- its author, liaquat ahamed, won the pulitzer history prize this year for showing how four bankers in europe and america helped bring down the world economy in the late 1920s --- the title might overstate the case a bit, but between this book and michael lewis' the big short and his earlier liar's poker (both of which i read this spring and were about the recent past), one's faith in our entire financial system, should one have had any in the first place, is severely tested

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