January 8, 2011

The financial crisis: Piecing it together

The financial crisis: Piecing it together: "

Arrogant, desperate and clueless

All The Devils Are Here: The Hidden History of the Financial Crisis. By Bethany McLean and Joe Nocera. Portfolio; 380 pages; $32.95.Viking; GBP14.99. Buy from Amazon.com, Amazon.co.uk

THE latest book on the financial crisis has an odd title. You begin reading “All the Devils Are Here”, a line from Shakespeare’s “The Tempest”, expecting to encounter satanic bankers and corrupt government cronies preying on a defenceless public. In fact the people who emerge are infinitely more interesting: arrogant, desperate, even clueless—but, with a few exceptions, not devils. ...



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