Download Lords of Finance: The Bankers Who Broke the World AudioBook Free
With an enthusiastic sense of background and engaging narrative skills, Liaquat Ahamed gives us a vibrant and dramatic consideration of four men whose actions led to the planet financial collapse of the later 1920s.
Many folks presume that the Great Unhappiness resulted from a confluence of inexorable causes beyond anybody person's or government's control. Actually, as economist Liaquat Ahamed points out, it was decisions considered by a little amount of central bankers which were the primary cause of the financial meltdown.
Meet the neurotic and enigmatic Montagu Norman of the lender of England; the xenophobic and dubious Emile Moreau of the Banque de France; the arrogant yet fantastic Hjalmar Schacht of the Reichsbank; and the vibrant Benjamin Strong of the New York Federal government Reserve Loan provider. These men were as visible then as Alan Greenspan and Hank Paulson are in our time.
Lords of Fund brings a brand new point of view on the roots of financial crises and an arresting reminder that its people who lie in the centre of global catastrophe.