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

Liaquat Ahamed

Lords of Finance: 1929, The Great Depression, and the Bankers who Broke the World
Format
Paperback
Publisher
Cornerstone
Country
United Kingdom
Published
19 March 2020
Pages
576
ISBN
9781847943002

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

Liaquat Ahamed

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.

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 Montaguof 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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