News

Cited in Canada's National Post

By Wiliam Watson, who is fixated on Barney Frank. Read it here

California Book Tour: Sept. 22-25

Tuesday, Sept. 22

San Francisco

6 p.m., Commonwealth Club,

595 Market Street


Wednesday, Sept. 23

Mountain View

1 p.m., Authors@Google


Palo Alto

6.30 pm., Stanford's SIEPR


Thursday,  Sept. 24 

Los Angeles

12.30 p.m.,

Occidental

College


Friday, Sept. 24,

11.30 a.m., World Affairs Council,

Westin Bonaventure,

Los Angeles


Shortlisted for Financial Times/Goldman Best Business Book of the Year

Two Depression-era histories, two books by serving corporate bosses, a blow-by-blow assessment of the US authorities’ reaction to the financial crisis, and a manifesto for a new economic theory. The shortlist for the Financial Times and Goldman Sachs Business Book of the Year Award looks eclectic. But the six books together sum up what went wrong in the crisis and may provide a route map away from the error-strewn past...The crash-hit financiers and politicians of 70 or 80 years ago sound surprisingly similar to the 21st century policymakers and central bankers anatomised by David Wessel in his book, In Fed We Trust. One judge praised it as a “keenly observed” account of the build-up to last year’s US banking crisis. Read more here.

Reuters: Dick Fuld is reading In Fed We Trust

Fuld flew back to New York early Saturday morning on a Delta flight. He had connected through a SkyWest flight from Hailey, Idaho, to Salt Lake City, Utah that was also taken by the Reuters reporter.

On the twin turbo-prop jet, he was reading David Wessel's book, "In Fed We Trust," which looks at the Federal Reserve's role in the financial crisis, and could be seen underlining various passages.

The book examines, among other things, why the U.S. authorities did not rescue Lehman while being prepared to bailout floundering insurance giant AIG.

When asked about his views of the key figures in that decision, former Treasury Secretary Henry Paulson, Fed Chairman Ben Bernanke and current Treasury Secretary Timothy Geithner, he said the reporter should read that book and "go back to my testimony" before lawmakers.

Fuld had told the Congressional panel that he would wonder "until they put me in the ground" why the U.S. government did not rescue his firm, as it helped others.

-- Reuters  Read the Reuters story here

Interviewed by Vanguard, the mutual fund house

15-minute podcast and transcript of interview conducted July 31. Listen or read it here.






See my Politics & Prose talk on the Web

Cspan Book TV was there, and so were a lot of other people.. Here is the link

Week 3 on N Y Times Best Seller list

List to be published Sept. 6: In Fed We Trust at #13. Tied with Evolution of God. Full list here.

Speaking tonight (8/24) at Politics & Prose

At 7 p.m.

NYT Best Seller List: Up to #10

Ahead of Michael Jackson book. One notch below the Farrah Fawcett book.See the Aug. 30 NYT list here.

On CBS' Washinton Unplugged

Talking about the book, Bernanke and the economy. Watch it here.


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Recent posts in News

Cited in Canada's National Post posted September 27, 2009 | Comments (0)
California Book Tour: Sept. 22-25 posted September 20, 2009 | Comments (0)
Shortlisted for Financial Times/Goldman Best Business Book of the Year posted September 16, 2009 | Comments (6)
Reuters: Dick Fuld is reading In Fed We Trust posted September 08, 2009 | Comments (0)
Interviewed by Vanguard, the mutual fund house posted September 06, 2009 | Comments (0)
See my Politics & Prose talk on the Web posted September 02, 2009 | Comments (0)
Week 3 on N Y Times Best Seller list posted August 29, 2009 | Comments (0)
Speaking tonight (8/24) at Politics & Prose posted August 24, 2009 | Comments (0)
NYT Best Seller List: Up to #10 posted August 24, 2009 | Comments (1)
On CBS' Washinton Unplugged posted August 18, 2009 | Comments (0)


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