Saturday 30 June 2012


The Lords of Finance: The Bankers Who Broke the World


Liaquat Ahamed's book (of the same title as this session) “illuminates wise parallels between the misplaced confidence that spawned the global depression in the 1930s and the illusory calculations of risk that led to the current financial crisis.” –The New York Times
Here Ahamed discusses the world's current economic meltdown and shows the similarities and differences to events in history. The discussion includes QE2, Greece, Britain, and also poses the question of what, if anything, the Obama administration must do to get the country back on track.