A former investment banker for Goldman Sachs and Visiting Scholar at UCLA’s Anderson School of Management, JOHN R. TALBOTT is the author of several books on economics and politics, including the prophetic The Coming Crash in the Housing Market, penned in 2003. Talbott has written for the Wall Street Journal, the Financial Times, and the Boston Globe, and has appeared as a commentator on CNN, Fox, CNBC, and CBS.
“A surprisingly readable and accessible rundown of the root causes
of the crisis … No doubt there were will be more scholarly books
written in coming years about the Great Recession. But Talbott, a
former investment banker who spent 10 years at Goldman Sachs, makes
a good stab at the first cut of history, with the critical eye of a
man who understands the system but also sees its faults.” —The
Age
"Talbott has done us a service by taking a calm and thorough look
at this number-crunching recession and offers evidence that truth
was not high on the priority list of the scoundrels in this global
drama … This book takes a surgical knife to the financial world and
offers remedies both to cure the current ills and to lay
foundations for a better future." —Tribune Magazine
“Credible and engaging … many of his assertions are convincing.”
—Publishers Weekly
“[Talbott] could be the modern-day Nostradamus of the finance
world.” —Queensland Courier-Mail
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