The Secret Club That Runs the World
The Secret Club That Runs the World takes us inside this secretive inner circle that controls so many things we all depend on. This book focuses on one of the most extraordinary periods in financial history. Though the practice of gaming out price changes in commodities goes back to ancient Mesopotamia, it had never before reached the extremes of the early to mid-2000s. The Secret Club exposes the role of the hedge funds, banks, brokers, and regulators in this volatile market. Ultimate, this book reveals the immense power in the hands of a few, and the so-far contentious efforts by the Obama administration to rein in the cowboys.
“It overstates nothing to call Kelly’s book brilliantly reported, and her narrative is grippingly propulsive and peopled with fascinatingly drawn characters.”
“The twists and turns of those frantic few days make for lively reading.”
— The New York Times
“Kelly takes us inside Bear’s last, dizzying days. . . .The real draw is the book’s surgical detail.”
— Time
“There’s so much to like in this book—lively anecdotes, crisp pacing, and brevity . . . a highly accessible narrative for the general reader.”