The New Lombard Street
How the Fed Became the Dealer of Last Resort
Reviewer: Larry Hatheway, Chief Economist, UBS Investment Bank
In The New Lombard Street, Mehrling persuasively argues for a return to the classic central bankers' "money view," which looks to the money market to assess risk and restore faith in our financial system.
How Big Banks Fail
Reviewer: Saxon Brettell, Head of Research, City of London
In sharp, clinical detail, Darrell Duffie walks readers step-by-step through the mechanics of large-bank failures.
The Fearful Rise of Markets
Reviewer: Ian Harwood, Chief Economist, Evolution Securities
In his book, The Fearful Rise of Markets, John Authers examines global bubbles and how they occur, offering ways to predict and even prevent them.