Lords of Finance: The Bankers Who Broke the World (Google eBook)

Front Cover
Penguin, Jan 22, 2009 - Business & Economics - 576 pages
22 Reviews
Winner of the 2010 Pulitzer Prize

"A magisterial work...You can't help thinking about the economic crisis we're living through now." --The New York Times Book Review


It is commonly believed that the Great Depression that began in 1929 resulted from a confluence of events beyond any one person's or government's control. In fact, as Liaquat Ahamed reveals, it was the decisions made by a small number of central bankers that were the primary cause of that economic meltdown, the effects of which set the stage for World War II and reverberated for decades. As yet another period of economic turmoil makes headlines today, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, their fallibility, and the terrible human consequences that can result when they are wrong.




  

What people are saying - Write a review

User ratings

5 stars
6
4 stars
8
3 stars
7
2 stars
0
1 star
1

Review: Lords of Finance: The Bankers Who Broke the World

User Review  - Erez Davidi - Goodreads

Lords of Finance is a financial history of the western world from after War World I through the roaring twenties and, later on, the Great Depression. It does so in a unique way by following the lives ... Read full review

Review: Lords of Finance: The Bankers Who Broke the World

User Review  - Will Byrnes - Goodreads

Ahamed has written a fascinating account of how four central bankers were at the core of the economic madness that gripped the world after World War I and led to the second great war. The ... Read full review

Contents

VERY VERY RELUCTANTLY
IN GOVERNMENT HANDS
OBEDIENCE AND SUBORDINATION
A SCOUTING TRIP
ORGY OF SPECULATION
THIS CHIMERA
IMPERIALIST DREAMS
Copyright

Common terms and phrases

About the author (2009)

Liaquat Ahamed has been a professional investment manager for 25 years. He has worked at the World Bank in Washington D.C. and the New York based partnership of Fischer Francis Trees and Watts, where he served as Chief Executive. He is currently an adviser to several hedge fund groups, including the Rock Creek Group and the Rohatyn Group, is a director of Aspen Insurance Co. and is on the board of Trustees of the Brookings Institution. He has degrees in economics from Harvard and Cambridge Universities.

Bibliographic information