Lords of Finance The Bankers Who Broke the World

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  • Edition: Reprint
  • Format: Paperback
  • Copyright: 12/29/2009
  • Publisher: Penguin Books

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"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.

Author Biography

Liaquat Ahmed has been a professional investment manager for twenty-five 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.

Table of Contents

Introductionp. 1
The Unexpected Storm August 1914
Prologuep. 19
A Strange and Lonely Manp. 23
The Young Wizardp. 35
A Safe Pair of Handsp. 45
L'Inspecteur Des Financesp. 61
Money Generalsp. 73
After The Deluge 1919-23
Demented Inspirationsp. 99
Uncle Shylockp. 130
A Barbarous Relicp. 155
Sowing A New Wind 1923-28
A Bridge between Chaos and Hopep. 179
The Dawes Openingp. 193
The Golden Chancellorp. 217
La Bataillep. 241
The First Squallsp. 270
Un Petit Coup De Whiskyp. 291
Reaping Another Whirlwind 1928-33
Into the Vortexp. 107
Purging the Rottennessp. 347
Magneto Troublep. 374
A Loose Cannon on The Deck of The Worldp. 393
Gold Fettersp. 422
Aftermath 1933-44
Gold Standard on the Boozep. 451
The Caravans Move onp. 477
Epiloguep. 497
Acknowledgmentsp. 506
Notesp. 509
Bibliographyp. 533
Indexp. 545
Table of Contents provided by Ingram. All Rights Reserved.

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