Meltdown Rising
One farsighted observer began to fear a credit crisis way back in 2005 and was able to convince a publisher that they should publish a book about it. Now, The Trillion Dollar Meltdown is at #18 on Amazon and the author, Charles R. Morris is the go-to expert on the subject. As proof of its foresightedness, the book’s original title was The Coming Crash.
It was not reviewed in the pre-pub media. The one library that has it on order, of the ones I searched, shows 6 holds per copy.
It was reviewed yesterday on Bloomberg.com as a “shrewd primer” to the current credit crisis. The Economist said in its March 6th review:
Morris can’t be dismissed as a crank. A lawyer, former banker and author of 10 other books, he knows a thing or two about the complex instruments that have spread toxic debt throughout the credit system.
The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash
Charles R. Morris
- Hardcover: $22.95
- Publisher: PublicAffairs (March 3, 2008)
- ISBN-10: 1586485636
- ISBN-13: 978-1586485634