October 30, 2009
News & Opinion: Lords of Finance Wins FT Goldman Sachs Book Award
Last night, it was announced at the Goldman Sachs Business Book Award ceremony in London that Liaquat Ahamed's Lords of Finance won business book of the year. Lloyd Blankfein said of the book, “Lords of Finance is a timely reminder that turmoil and instability in financial markets are not an invention of the 21st Century.” A refreshing statement as the economy makes a slow turnaround from the past year.
The book details the economic collapse of the 1920s, through the stories of four men whose positions in the financial industry shaped the future. More attention to books such as Ahamed's can help how we think about the economy, and if we're in any position to effect it, make the right decisions.