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Going Inside the Meltdown with "In Fed we Trust" - [See Cool Books for full review!]
Posted by Bernie Ritchie on Aug 05, 2009
As leading New York Times literary critic Michiko Kakutani said, in her recent book review of David Wessel's ‘In Fed We Trust', "it would have been hard to imagine a book about the Federal Reserve and Treasury Department making it onto people's must-read summer reading lists". Yet, David Wessel, The Wall Street Journal's economics editor, has done just that. His latest book went on sale this week.
Check out Cool Books to learn more about what it was like to be "inside the meltdown" during the turbulent times of Autumn 09. For an early glimpse of a few, sample chapters of 'In Fed We Trust', click here.
By the sounds of it, and Michiko Kakutani is hugely influential, it should be in everyone's summer beach bag. "Essential", "lucid" and "riveting" is how Kakutani describes the book. These terms can also be used to describe the extraordinary financial calamities of last autumn which led to ongoing fiscal woes and put the global economy on the verge of Depression 2.0.
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