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Lords of Finance: 1929, The Great Depression, and the Bankers who Broke the World - Softcover

 
9780099493082: Lords of Finance: 1929, The Great Depression, and the Bankers who Broke the World
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THIS HAS HAPPENED BEFORE.

The current financial crisis has only one parallel: the Wall Street Crash of 1929 and subsequent Great Depression of the 1930s, which crippled the future of an entire generation and set the stage for the horrors of the Second World War. Yet the economic meltdown could have been avoided, had it not been for the decisions taken by a small number of central bankers.

In Lords of Finance, we meet these men, the four bankers who truly broke the world: the enigmatic Norman Montagu of the bank of England, Benjamin Strong of the NY Federal Reserve, the arrogant yet brilliant Hjalmar Schacht of the Reichsbanlk and the xenophobic Emile Moreau of the Banque de France. Their names were lost to history, their lives and actions forgotten, until now. Liaquat Ahamed tells their story in vivid and gripping detail, in a timely and arresting reminder that individuals - their ambitions, limitations and human nature - lie at the very heart of global catastrophe.

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Review:
"NIALL FERGUSON: 'Highly readable... [Ahamed] cannot have foreseen how timely his book would be." (FT)

"ROBERT PESTON: 'Compelling and convincing...humanises the world's descent into economic chaos.'" (Sunday Times)

"'Fascinating... Anyone who wants to understand the origins of the economic world we live in would do well to read this book...brisk, original, incisive and entertaining." (Michael Beschloss)

"One of those rare books - authoritative, readable and relevant - that puts the "story" back into history... a spellbinding, richly human [and] cinematic narrative." (Strobe Talbott)

"Absorbing [and] provocative, not least because it is still relevant." (The Economist)
Book Description:
Samuel Johnson shortlisted & FT/Goldman Sachs WINNER: a vivid, dramatic account of the four men whose personal and professional actions led to the world economic collapse of the late 1920s.

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  • PublisherWindmill Books
  • Publication date2010
  • ISBN 10 009949308X
  • ISBN 13 9780099493082
  • BindingPaperback
  • Number of pages576
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