The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
According to Charles R Morris, the astronomical leverage at investment banks and their hedge fund and private equity clients virtually guarantees massive disruption in global markets. The crash, when it comes, will have no firebreaks. This book explains how we got here and what is about to happen.
Charles R. Morris is the New York Times bestselling author of several books, including American Catholic, The Sages, and The Tycoons.
JACK COVERT SELECTS: The Best Books of 2008 - Business Pundit Edition
Posted December 17, 2008, 3:24 PM with category of General BusinessBusiness Pundit knows business books well, and has chosen the 10 from 2008 they think are the best. I think they have the right idea in describing the popular feelings of the year: 2008 came in two parts. Part I, which ran through Bear Stearns, carried the vestiges of prior years, when we thought we could get away with everything, never anticipating that in actuality, everything would get away from us. Read more
NEWS: The Best Books OF ALL TIME! - The Independent Edition
Posted December 16, 2008, 3:52 PM with category of General BusinessJack and Todd will soon have the definitive list of the best business books of all time published, but, in the meantime, here is what The Independent's Sean O'Grady has to say on the matter. He chooses from both "timeless classics [and] the latest crop of credit crunch chronicles. " It's an interesting list because it's from a newspaper that leans to the left side of the British political spectrum, providing a perspective from the side of the aisle that doesn't speak up on business books as often. Read more
NEWS: The Best Books of 2008 - The Economist Edition
Posted December 16, 2008, 3:07 PM with category of General BusinessThe Economist has chosen their books of the year in a variety of categories. You can go through the entire list here, but I've listed the choices in the Economics & Business category for quick review below. The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash by Charles R. Read more
NEWS: The 2008 800-CEO-READ Business Book Awards - Finance & Economics
Posted December 12, 2008, 7:46 PM with category of General BusinessThe books on our 2008 shortlist for the Finance & Economics Category are: The Gridlock Economy: How Too Much Ownership Wrecks Markets, Stops Innovation, and Costs Lives by Michael Heller (Basic Books, July 2008) Michael Heller didn't have language to describe the tragedy he saw occurring due to too much ownership, so he coined the term "the tragedy of the anticommons"--a term that describes the overreaction to the "tragedy of the commons,"--when public resources are overused and degraded. In The Gridlock Economy, Heller cites time and again examples of stifled innovation and lost economic growth due to outdated patent law, underuse of resources and, in general, too much ownership. The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash by Charles R. Read more
STAFF PICKS: The Best Business Books 0f 2008 - BusinessWeek Edition
Posted December 10, 2008, 3:00 PM with category of General BusinessWhile we're in the midst of announcing the shortlists for our annual awards, I think it behooves us to look at what others found worthy of the "best" title. Last week, BusinessWeek gave their blessing to what they see as The Best Business Books of 2008 in an article by Hardy Green. The following books made the article: The Trillion Dollar Meltdown by Charles R. Read more