Monday, August 25, 2008

The Madness of Bankers

An Interview with Charles R. Morris.

Robert Bryce | August 22, 2008 | Features

Millions of words have been written about the ongoing financial disaster largely caused by the subprime mortgage mess. But the most concise and easiest to understand handbook on the issue is almost certainly Charles R. Morris’ The Trillion Dollar Meltdown: Easy Money, High Rollers, and the Great Credit Crash. The book, published in March, spent several weeks on The New York Times best-seller list, and for good reason: The book explains in clear language exactly what happened and why.

Morris, a lawyer and former banker who lives in Manhattan, has written 11 books. His articles have been published in myriad publications, including Atlantic Monthly, The New York Times and BusinessWeek. He exchanged e-mails with Observer contributing writer Robert Bryce in early August.

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