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,由银行家改行的作家查尔斯•莫里斯(Charles Morris)出版了一部引人注目且颇有远见的著作。在雷曼兄弟(Lehman Brothers)破产几个月前,该书中指出了次贷和信贷衍生品的所有问题。在我看来,这是对西方金融体系乱局阐述得最明晰、最及时的著作之一(书名为《万亿美元大崩盘》(Trillion Dollar Meltdown),后来随着危机的恶化,再版时更名为《两万亿美元大崩盘》(Two Trillion Dollar Meltdown))。