Monday, July 2, 2012

ALL THE DEVILS ARE HERE- The Hidden History of the Financial Crissis Bethany McLean/Joe Nocera

Finished Su 7/1/12

One very hot July afternoon I spent four hours reading and skimming this thought-provoking book which dealt with the financial meltdown of 2008. This is probably the definitive statement on one of the most disastrous failures of government and finance ever perpetrated on the American people.

I don't see how you could possibly finish this book and still feel that a completely free and unrestricted market-place is the way to go. Clearly there must be stringent rules and regulations because the facts seem to prove that if financial leaders within either political party are allowed to do as they wish, greed takes over, and honest investors and the tax payers are left holding the bag.

A link to Amazon featuring what readers thought of the book:
http://www.amazon.com/All-Devils-Are-Here-Financial/product-reviews/1591843634

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