A Very English Deceit: The Secret History of the South Sea Bubble and the First Great Financial Scandal

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Fourth Estate, 2003 - History - 272 pages
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The early years of the 18th century produced two great monuments - one, Christopher Wren's new cathedral of St Paul's, an enduring testament to principled craft and masterful construction, and the other, an empty fraud of such magnitude that its collapse threatened to overturn monarchies and governments. Its failure delayed the introduction of modern market economies by two generations. Yet the full scale of this monumental deceit was quietly covered up and hidden, its enduring legacy a poorly understood colloquialism: the South Sea Bubble.

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User Review  - John_Vaughan - LibraryThing

This is an eminently readable book telling the story of the first of the Stock Market frauds, manipulations and subsequent crash in the clear prose of a thoroughly professional communicator. The ... Read full review

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About the author (2003)

Malcolm Balen is the author of a much praised biography of Kenneth Clarke. With a degree in History from Cambridge, he is currently editor of ITN’s Carlton news, having previously worked as editor of the BBC Nine O’Clock news and for Channel 4.

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