Money Men - Dan McCrum

[ACooke]

Just finishing this up now.

 

Great, entertaining book on the Wirecard blow up. It always amazes me how these things float along for so long and the level of push back any pessimism - no matter how objective and provable - is given from regulatory and financial institutions. it's literally like they block their eyes and ears and repeatedly sing 'la la la, we can't hear you, la la la'; it's utterly absurd.

 

Anyway - pretty easy and entertaining read - not financially heavy. Similar to something like Red Notice, Billion dollar whale, blood and oil.

 

Certainly worthwhile picking up if financial shenanigans is your jam.

[Gamecock-YT]

On 8/7/2022 at 9:34 AM, ACooke said:

Just finishing this up now.

 

Great, entertaining book on the Wirecard blow up. It always amazes me how these things float along for so long and the level of push back any pessimism - no matter how objective and provable - is given from regulatory and financial institutions. it's literally like they block their eyes and ears and repeatedly sing 'la la la, we can't hear you, la la la'; it's utterly absurd.

 

Anyway - pretty easy and entertaining read - not financially heavy. Similar to something like Red Notice, Billion dollar whale, blood and oil.

 

Certainly worthwhile picking up if financial shenanigans is your jam.

 

 

agreed. good and entertaining book. similar to most finance books kind of can be tough to follows some of the characters but much easier than The Caesars Palace Coup. But McCrum does a good job weaving the stories amongst what was going on with himself at the FT and what was going on with Wirecard. Heads should have rolled at BaFin.