Discusses financial cycles, the influence of the American financial system, the causes of the current economic situation, globalization, and financial geniuses
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<b>Charles R. Morris</b> has many highly praised books to his credit, ranging from Computer Wars (on the fall of IBM) to American Catholic (on the rise of the American Catholic Church). He has published his opinion pieces in The New York Times, The Wall Street Journal, The Atlantic Monthly, The New Republic, and the Harvard Business Review. He was for many years managing partner of a consulting firm specializing in the financial-services and investment-banking industries, and was also a group executive at Chase Manhattan bank.
ems awash in financial crises. The Asian crisis of 1998, the near-demise of Long Term Capital Management, and the black hole of Russia are just a few of the most recent. Are they the result of greedy speculators, crony capitalism, or the warp speed of the forces of globalization? Can we send in the repairman and get things fixed through the legal and regulatory systems?<br><br>Or are other causes at work that may be beyond our control? <br><br><b>Money, Greed, and Risk</b> is that rare book which, through adroit analysis of both historical and contemporary events and their leading players, lends new insights into the causes of financial turmoil. Charles Morris:<br><br> Explores the eternal cycle of financial crises: from brilliant innovation to gross excess and inevitable crash, before investors and institutions catch up.<br><br> Explains why the American financial system grew from a capital-starved backwater in the nineteenth century to o
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