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The Secondary Banking Crisis, 1973-75: Its Causes and Course | 
| Author: Margaret Reid
Creator: David Kynaston
Publisher: Hindsight Books Limited
Category: Book
Buy New: £17.50
Avg. Customer Rating:  1 reviews
Sales Rank: 222317
Media: Paperback
Edition: 2New Ed
Pages: 226
Shipping Weight (lbs): 0.6
Dimensions (in): 7.6 x 5.2 x 0.6
ISBN: 0954156722
Dewey Decimal Number: 332.10941
EAN: 9780954156725
ASIN: 0954156722
Publication Date: October 31, 2003
Shipping: Eligible for Super Saver Shipping
Availability: In stock soon. Order now to get in line. First come, first served.
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| Customer Reviews:
Painstaking, readable and salutory September 9, 2004
1 out of 1 found this review helpful
The City of London must have been a remarkable place in the late 'Sixties - an exclusive gentlemen's club, where business was transacted on a word, a contact, a handshake, but where the sums involved ran into millions. A place where an accent, a tie, and an air of assurance could carry you through as effortlessly as Michael Caine masquerading as Lord Croker in "The Italian Job." A system, in short, built on confidence, that turned out in the end to be highly vulnerable to panic.I only just dimly remember the crash of the early 'Seventies (I ordered this book for my father), but Margaret Reid, the author of this invigoratingly brisk account, has taken an episode of financial history and structured it into something like a popular thriller. It's absolutely fascinating. Anyone who thinks they got their fingers burnt on tech stocks should take a look at the cover of this book - a reprinted page of a financial paper from (I suppose) mid 1974; column after column of share prices at their catastrophic nadir, a snapshot of a crash - and count themselves lucky they got off so lightly.
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