Five years ago, Charles Morris, a banker-turned-writer, produced a compelling and highly prescient book. It pointed out all the problems with subprime mortgages and credit derivatives several months before the crisis at Lehman Brothers. To my mind, that made it one of the most lucid and timely accounts of the mess in the western financial system (the title was The Trillion Dollar Meltdown, later revised to The Two Trillion Dollar Meltdown, as the disaster got worse).
5年前,由銀行家改行的作家查爾斯?莫里斯(Charles Morris)出版了一部引人注目且頗有遠(yuǎn)見的著作。在雷曼兄弟(Lehman Brothers)破產(chǎn)幾個月前,該書中指出了次貸和信貸衍生品的所有問題。在我看來,這是對西方金融體系亂局闡述得最明晰、最及時的著作之一(書名為《萬億美元大崩盤》(Trillion Dollar Meltdown),后來隨著危機(jī)的惡化,再版時更名為《兩萬億美元大崩盤》(Two Trillion Dollar Meltdown))。