Book description
'A truly gripping narrative . . . The fact that Tett is able to reproduce such raw private communications is a tribute to her journalistic abilities' Dominic Lawson, Sunday Times
'Her blow-by-blow story is an impressive piece of detective work. She pulls back the curtain on a closed, unaccountable world…
Why read it?
1 author picked Fool’s Gold as one of their favorite books. Why do they recommend it?
The global financial crisis that erupted in 2008 was a shocking event. Britain’s cash machines came within a few hours of stopping working, and the global banking system would have collapsed were it not for unprecedented multi-billion-dollar government bail-outs. Gillian Tett, trained as an anthropologist, became a financial journalist but kept on applying her fieldwork skills. Almost alone in her new profession, she grasped the huge risks that were developing underneath the radar and wrote about them in the Financial Times. Her book, Fool’s Gold, was one of the first books written about 2008’s giant crisis and remains…
From Donald's list on The best books on financial trading and the global financial system.
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