Morgan Mafia

Tett, Gillian. (2009). Fool's gold: how the bold dream of a small tribe at J.P. Morgan was corrupted by Wall Street greed and unleashed a catastrophe. New York: Free Press.

Choice Reviews:  A journalist with the Financial Times, Tett uses personal interviews to provide a massive amount of detail. However, she does not describe or illustrate the various derivatives, so the reader needs prior knowledge of these instruments. This omission reduces the book's attractiveness to general readers, who are the primary target audience. A timely book on a topic of great current interest.

PW Annex Reviews At once a gripping narrative, an education in derivatives, and a most lucid origin-story for the current financial meltdown, it's no surprise the author of this volume is an award-winning Financial Times journalist.

The hellhound of Wall Street

Perino, Michael A.(2010). The hellhound of Wall Street : how Ferdinand Pecora's investigation of the Great Crash forever changed American finance. New York : Penguin Press.