Current Affairs


Friday, February 5, 2010

I.O.U.; Why Everyone Owes Everyone And No One Can Pay

By John Lanchester
"Award-winning novelist Lancaster's father was a banker, hence his interest in finance-which has a distinctive culture he's here to explain. He's no cheerleader, declaring that banks foolishly challenged "capital-reserve rules which would have stopped them going broke in the current crisis." Way to go." (LJ Reviews)
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