Wednesday, April 20, 2011

The Recessionistas, by Alexandra Lebenthal

The Recessionistas Surprisingly interesting look at the financial collapse. Rather than focusing, as I assumed, on the spending cutbacks of hedge fund wives or such, this book actually featured female characters who WERE the hedge fund managers, and went into almost tedious detail about some of the technicalities of the shady trading that led to arrests. The Lehman fall and the non-rescue by the Fed was pretty much the main part, but it was all in all a good read, if somewhat misleading as to its nature.

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