1 of 23 people found the following review helpful
Completely inaccurate about the current downturn,
This review is from: Wall Street: A History (Paperback)
The book provides some insight into forgotten economic events, but I'll bet the author didn't believe Lehman would fail, nor the "panic" that since has transpired in America.
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Initial post: Dec 4, 2008 1:48:03 PM PST
How could he have known? This book was written in 2004. According to the government, the current recession that we're in officially started (allegedly) in December of 2007, again 3 years after this book was published. The author's purpose was to give a history of Wall Street and try to explain the forces behind what was happening at the time of the update, not predict the future. Very few people could have predicted what is happening now. Give the author a break already.
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