The Lords of Finance: The Bankers Who Broke the World
Investment Banker and Author, Lords of Finance: The Bankers Who Broke the World
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Liaquat Ahamed is an investment manager and author of the best seller Lords of Finance: The Bankers Who Broke the World, about the lead-up to the Great Depression. The book won the 2010 Pulitzer Prize for History, the Council on Foreign Relations Arthur Ross Gold Medal for 2010, the 2009 Financial Times-Goldman Sachs Best Business Book of the Year, and was selected by The New York Times and TIME magazine as one of their top ten books of 2009.
Ahamed has been a professional investment manager for 25 years; he has worked at the World Bank and the New York-based partnership of Fischer Francis Trees and Watts, where he served as chief executive. He is currently an adviser to several hedge fund groups including the Rock Creek Group and the Rohatyn Group; he is a director of Aspen Insurance Co., and serves on the boards of trustees of the Brookings Institution and the New America Foundation.
Lords of Finance author Liaquat Ahamed compares the 2009 financial crisis with the great crash of 1929. Although Ahamed cites many similarities in the run-up to both crises, lessons learned from the earlier crash helped to save us from another Great Depression, he argues.