Hi all:
'Lords of Finance: The Bankers who broke the World'
is a very interesting book authored by Liaquat Ahamed.
Mr. Liaquat Ahamed is a former world bank economist and a
investment fund manager. He authored this book before the onset
of the current crisis.
It is a history of the financial and economic crisis that
precipitated in 1914 and did not end until 1940s.
The protagonists are the four central bankers who lives and
actions are closely interlinked with the crisis.
. Benjamin Strong - Federal Reserve of New York
. Montagu Norman - Bank of England
. Emile Morceau - Banque de France
. Hjalmer Schacht - Reichsbank of Germany
The central thesis is that the critical decisions made by
these four bankers not only caused the Great Depression but
also created the conditions for World War II.
What makes this book unique is the observations have strong
parallels with the current recession.
Take a look at this must read.
http://www.amazon.com/Lords-Finance-Bankers-Broke-World/dp/159420182X
thanks
Saifi.