Wednesday, November 3, 2010

Top six banking scandal books

Michael Hudson covers business and finance for the Center for Public Integrity, a nonprofit journalism organization. His new book is The Monster: How a Gang of Predatory Lenders and Wall Street Bankers Fleeced America--and Spawned a Global Crisis.

For The Week magazine, he pegged his top six banking-scandal books.

One title on the list:
Broke USA by Gary Rivlin

Eye-opening journey into the world of "fringe banks." Wanna loan? Wanna pay 400 percent interest and get trapped in a crushing cycle of debt? Done. (Back-scratching warning: Both Rivlin and McDonald, above, have praised my own book. But I stick with my story: Theirs are among the best books written about banking mischief.)
Read about the other books on Hudson's list.

--Marshal Zeringue