Dumb Money 傻钱：一个股市当冲交易员的冒险经历

ThefinancialcrisisthathasgrippedthiscountrysincelastSeptemberhashadsomanytwistsandturns,itwouldmakeforagreatdrama--ifitallwerenotsorealanddamaging.Companiesareshuttingdownandlayingoffworkers,401ksaremeltingaway,andthegovernmentisspending$700billiondollarstobailoutbanksandfinancialinstitutions--andthat'sonlythebeginning.Thefinancialservicesindustry,andthemanyindustriesthatdependonit--fromhousingtocars--isinintensivecare.Sowhathappened?Howdidwegettothispointoffinancialdisaster?Istheeconomyjustahuge,Madoff-esquePonzischeme?Itisacomplicatedandconfusingstory--butDanielGrossofNewsweekhasaspecialgiftformakingcomplicatedmatterseasytounderstandandevenentertaining.InDumbMoney,heoffersaguidetothedebacleandtowhatthefuturemayhold.Thisisnotsomuchabookaboutwhodidwhat,thoughthat'spartofthestory.Rather,itpiecestogetherthebuildingblocksofthedebt-fueledeconomy,anddistillsthetheoryandpersonalitiesbehindourlate,lamentedeasymoneyculture.DumbMoneyisabookthatfinallylaysitalloutinanengagingway,andmightjusthelppeopleinvesttheirmoneysmartlyuntilthegloompasses.AbouttheAuthorDanielGrossisajournalist,author,andeditorwhospecializesinbusinesshistory,politicaleconomy,andthemoneyculture.Hewritesthe“Moneybox”columnforSlate.comandcontributestothe“EconomicView”columnoftheNewYorkTimes.HehasworkedasareporteratTheNewRepublicandhascontributedtomorethan60publications.Since1999,hehaseditedSTERNbusiness,thesemi-annualmanagementjournalpublishedbyNewYorkUniversity'sSternSchoolofBusiness.GrosshasappearedonCNBC,CNN,FoxNewsChannel,TheNewsHourwithJimLehrer,C-SPAN,andonmorethan35radioprograms,includingNPR'sFreshAirwithTerryGross(norelation).In2001,hewasafellowattheNewAmericaFoundation.Heistheauthorofthreebooks:ForbesGreatestBusinessStoriesofAllTimes;BullRun:WallStreet,theDemocrats,andtheNewPoliticsofPersonalFinance;andGenerationsofCorning:150YearsintheLifeofaGlobalCorporation,1851-2001,co-authoredwithDavisDyer.AgraduateofCornellUniversity,GrossholdsanA.M.inAmericanhistoryfromHarvardUniversity.