“The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It” – A Book by Scott Patterson
March 12, 2010 by Editor · Leave a Comment
With the immediacy of today’s NASDAQ close and the timeless power of a Greek tragedy, The Quants is at once a masterpiece of explanatory journalism, a gripping tale of ambition and hubris…and an ominous warning about Wall Street’s future. Words: 624
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“In Fed We Trust: Ben Bernanke’s War on the Great Panic” – A Book by David Wessel
January 8, 2010 by Editor · Leave a Comment
Wessel has put together a defining and vivid look at policymakers’ unprecedented response to the crisis. Wessel’s disconcerting conclusion: Out of necessity Bernanke is playing most of this by ear, loosely interpreting and appropriating arcane laws and creating new powers just to keep the system on its hinges. In Fed We Trust is persuasively told and richly reported. It is an absorbing read and will win awards and inspire copycats. Words: 665
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