Read an interview with Satyajit Das, author of Extreme Money: Masters of the Universe and the Cult of Risk.
“A true insider’s devastating analysis of the financial alchemy of the last 30 years and its destructive consequences. With his intimate first-hand knowledge, Das takes a knife to global finance and financiers to reveal the inner workings without fear or favor.”
–Nouriel Roubini, Professor of Economics at NYU Stern School of Business and Chairman of Roubini Global Economics
“Das describes the causes of the financial crisis with the insight and understanding of a financial wizard, the candor and objectivity of an impartial observer, and a wry sense of humor that reveals the folly in it all.”
–Brooksley Born, Former Chairperson of the U.S. Commodity Futures Trading Commission (CFTC)
“This is the best book yet to come out of the financial crisis. Das is a graceful, witty writer, with an unusually broad range of reference. He is also a long-time master of the arcana of the netherworlds of finance and nicely balances historical sweep with illuminating detail. Extreme Money is lively, scathing, and wise. ”
–Charles Morris, Author of The Two Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
“Like Hunter S. Thompson’s Fear and Loathing in Las Vegas, Extreme Money launches you into a fascinating and disturbing alternative view of reality. But now greed predominates, the distorted world of finance is completely global, and the people making crazy decisions can ruin us all. This is an informative, entertaining, and deeply scary account of Hades’s new realm. Read it while you can. ”
–Simon Johnson, Ronald A. Kurtz Professor of Entrepreneurship at MIT Sloan School of Management and Author of 13 Bankers: The Wall Street Takeover and the Next Financial Meltdown
“You know when Lewis Caroll, Max Weber, Alan Greenspan, and Sigmund Freud all appear on the same early page that you are about to read an intellectual tour de force. Das is an authoritative and colorful critic of modern markets, and here he weaves financial history and popular culture into an entertaining and blistering social critique of how so many people have come to chase endless financial reflections of the real economy. Extreme Money speaks truth to power. ”
–Frank Partnoy, George E. Barrett Professor of Law and Finance at the University of San Diego and Author of F.I.A.S.C.O, Infectious Greed, and The Match King
For a layman this was an understandable treatise, I think. Hard going but readable.
I would have appreciated some more reference to Marx and volume 3of Das Capital.
Amazing recital of the history of money, finance, greed and the financial crisis. Must read for anyone trying to understand what went wrong with the world economy. Read morePublished 8 months ago by dr.poplai
An excellent history of the financialization of the economy, in other words it's turning into a fundamentally corrupt, self-cannibalizing monstrosity. Read morePublished 10 months ago by S Hudson
unfortunately it speaks the truth about how we delude ourselves with money....fortunately, we can choose otherwise... Read morePublished 13 months ago by Aldo
Reading this book was really exhausting. The writing style is bizarre and content is a bit chaotic. I couldn't really get into it. Read morePublished 20 months ago by tomkus
It is obvious very early that the author is very learned and has spent countless hours compiling this book. Read morePublished 22 months ago by JohnS
Mr. Das has wrote about an important topic. That topic is how fragile our system of economics truly is when in the hands of extreme bankers projecting moral hazard. Read morePublished 22 months ago by Paul Cottrell