Customer Reviews

The Global Money Markets

5 star:		(1)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(2)

 

 

A one-star Amazon review of the late Marcia Stigum's book: "The Money Market" denigrates her work, but recommends this book. Coincidentally it seems to have appeared just after a reviewer recommended her book over "The Repo Handbook" authored by Choudhry, one of the authors of this book.

It hardly seems sporting to denigrate the excellent work of Ms. Stigum when she is no longer able to set the record straight. Her classic work on the U.S. markets that allows one to deduce the dynamics - and equips one to solve the mathematics - of the global money markets deserves high honors.

The unsportsmanlike behavior doesn't end there, since it seems that books with titles that compete with Mr. Choudrhy's upcoming releases have multiple one-star reviews from obvious pseudonyms and free internet accounts. The books that get the most attention from this stalker are the most commercially successful in the competing areas. Perhaps it is a fan gone mad, or perhaps there is a more obvious explanation.

I would have given this book three stars, but I deducted for bad sportsmanship.

The Kindle editions do not accurately convey the formulae in the book, they turn out to be garbled text. So if you are looking to be able to read the math heavy sections of this book, stick to print editions or the Google Books eBook edition that is a scanned copy and retains the formatting of the math equations correctly.

This is a timely book that covers in great detail virtually all apsects of the markets. Well written and well worth getting.