Chris Whalen is one of the leading independent analysts of the US banking and financial system. In today's world of spin and half-truth, he shines a fearless beam of enlightened and independent light that avoids the usual self-serving spin that is presented in so much of Wall Street research. In this book he also emerges as a leading historian of the US financial system and of the complex nexus between banking/finance, politics and fiscal policy. This tour de force of financial history of the US is also a political history and a sovereign fiscal history of the US.
A must-read!