The Trillion Dollar Meltdown (2008)
Easy Money, High Rollers, And the Great Credit Crash
by Charles R. Morris
New York Times Notable Book of the Year
From the Wall Street Journal: "an absolutely excellent narrative of the horror that we have in the credit markets right now.... It's a wonderful explanation of how it happened and why it's so rotten, and why it will take a long time to unwind". -- Paul Steiger, former Mng Editor, Wall Street Journal
From The Economist: "However up to date it may seem, this book is no rush job. Morris deftly joins the dots between the Keynesian liberalism of the 1960s, the crippling stagflation of the 1970s and the free-market experimentation of the 1980s and 1990s, before entering the world of ultra-cheap money and financial innovation gone mad... [Morris's] provocative book is...a well-aimed opening shot in a debate that will only grow louder in coming months." --The Economist, March 6 2008
Who Owns Canada Now by Diane Francis
Click here to put a hold on this upcoming title.
From the Publisher:
Back in 1986, Diane Francis’s hard-hitting Controlling Interest revealed the startling fact that one-third of Canada’s wealth was in the hands of just 32 families and five conglomerates. At the time, Bernie Ghert, president of Cadillac Fairview, prophesized, “In a number of years, there will be six groups running the country.” Was he right? Media coverage would have us believe that the last two decades have only increased the concentration of power. Diane Francis disagrees, and she’s here to deliver some good news: a positive transformation has taken place in Canada, with both free trade and tough competition legislation creating a new and better nation. This time the country is driven by players who are ready to offer innovative policies and visions for the 21st century. Combining extensive interviews with Canada’s economic leaders—from individuals to families to international conglomerates— with Francis’s hallmark incisive analysis, Who Owns Canada Now? will be the most important and talked-about business book of the year.
• Of the 32 families who were profiled in Controlling Interest, fewer than half remain major players.
• Of the five conglomerates profiled, only one remains intact.
• A powerful new multinational cast—including Calgary’s Clay Riddell and Murray Edwards, Gerry Schwartz, the Burnetts, the Hos, the Shaws, the Peladeaus and the Aspers—are today’s economic drivers.
• Canadians have been successful at building world-class businesses and investing globally.
• A look at 70 of the most successful Canadians, most of whom are billionaires, shows that many are self-made; 11 were still in school or in foreign countries when Francis wrote Controlling Interest in 1986.
• Financial reforms have shifted the balance away from an old boys’ network of risk-averse investors towards daring Canadian innovators.
Women & Money: Owning The Power To Control Your Destiny by Suze Orman
From the Publisher
Why is it that women, who are so competent in all other areas of their lives, cannot find the same competence when it comes to matters of money? Suze Orman investigates the complicated, dysfunctional relationship women have with money in this groundbreaking new book. With her signature mix of insight, compassion, and soul-deep recognition, she equips women with the financial knowledge and emotional awareness to overcome the blocks that have kept them from making more out of the money they make. At the center of the book is The Save Yourself Plan—a streamlined, five-month program that delivers genuine long-term financial security. But what’s at stake is far bigger than money itself: It’s about every woman’s sense of who she is and what she deserves, and why it all begins with the decision to save yourself.
Review from Publishers Weekly (April 30, 2007):
Orman, whose sunny demeanor and sage personal finance advice have won the hearts of millions of readers and viewers of her eponymous CNBC show, dishes out money basics especially for women. Why is it, she asks, that in an age where women are earning larger paychecks than ever before and attaining ever-higher positions in the corporate world, that so many feel like they are drowning in debt and financial ignorance? Orman begins with some classic schadenfreude by telling her own inspiring story: the college dropout and waitress, primarily on the basis of her gangbusters personality, got some customers to loan her money to start her own restaurant-but the clueless neophyte promptly lost every penny to a shady broker. Undeterred, she decided to educate herself about money by becoming a broker herself. She shares her hard-won wisdom with trademark enthusiasm. This is a book for total beginners-those who need to learn the difference between a savings and a checking account, or between a traditional IRA and a Roth. But even financially savvy listeners will enjoy Orman's chatty style, accentuated by the conversational and intimate approach she takes with the narration. Simultaneous release with the Spiegel & Grau hardcover (Reviews, Mar. 5). (Feb.) Copyright 2007 Reed Business Information.
Review from Amazon.com:
Money maven Suze Orman's latest book, Women & Money addresses the complicated (and often dysfunctional) relationship women have with personal finance. Orman's direct, non-condescending style is perfect for this subject matter--she begins with the premise that "Women can invest, save, and handle debt as well and skillfully as any man" and then tackles the important question--"So why don't they?" Designed to educate and inspire, Women & Money also offers a "Save Yourself Plan," a five-month program that "delivers genuine long-term financial security." -- Daphne Durham