Lords of Finance. The bankers who turned the world upside down

Author: Liaquat Ahamed
English.: Lords of Finance: The Bankers Who Broke the World

Publisher: Alpina Publishers, 2010.
Hardcover, 472 pp.
ISBN 978-5-9614-1278-9, 978-1-59420-182-0
Circulation: 2,300 copies.
Format: 70×100/16 (~167×236 mm)

ANNOUNCEMENT OF A BOOK ON THE HISTORY OF BANKERS DURING THE GREAT DEPRESSION IN THE UNITED STATES

The main characters in Liaquat Ahamed's book are four financiers whose activities between the two world wars led to many global upheavals and in many ways made our world as we know it today.

These are Montague Norman, Governor of the Bank of England, Benjamin Strong, Governor of Federal Reserve Bank of New York, Yalmar Schacht, who headed the Reichsbankand the Governor of the Bank of France, Emile Moreau. The Great Depression and the collapse of the world economy were caused by the fact that these financiers, vested with power and responsibility, prescribed to the "sick" economy the treatment directly contraindicated in its deplorable state.

Liaquat Ahamed's book became a #1 New York Times bestseller and a global bestseller not only because of the fascinating plot and the colorfulness of the protagonists. The fact is that the situation in the world on the eve of the Great Depression surprisingly resonates with the current state of the world economy, and the negative experience of overcoming the past crisis should be a lesson for today.

The book is intended both for specialists in the financial sphere, as well as for a wide range of readers interested in history and economics.