An unputdownable attempt for ordinary readers
Tamal Bandyopadhyay has mastered the art of demystifying the complicated world of finance for ordinary readers with his book 'From Lehman to Demonetization', writes Sugato Hazra
'From Lehman to Demonetization'
Price: Rs 599
Publisher: India Portfolio
The collapse of Lehman Brothers Holdings Inc. has been a momentous event in the global financial system. It exposed the underbelly of the US dollar 300 trillion worth global financial market. Collapse of the US market spread to Europe which eventually saw disintegration of European Union, an experiment which failed and creating several collateral damages in economies not so large as the European Union or the United States of America. Indian market which initially, in the wake of the crisis, patted itself being immune to the problems of the US financial market and lived merrily on denial mode has since been facing, according to Tamal Bandyopadhyay, "a decade of disruptions, reforms and misadventures." In the book 'From Lehman to demonetization' by Tamal one can have glimpses of major events of the period.