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'Lords Of Finance' Wins Prestigious FT And Goldman Sachs Business Book of the Year Award

Published: Friday, 30 Oct 2009 | 9:44 AM ET
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By: Gloria McDonough-Taub
CNBC, Senior Editor, Blogs

Lords of Finance
Lords of Finance

Congratulations to Liaquat Ahamed author of "LORDS OF FINANCE: 1929, The Great Depression, and the Bankers Who Broke the World" for winning the Financial Times and Goldman Sachs Business Book of the Year Award 2009.

The announcement was made last night at a gala dinner at the Victoria & Albert Museum in London hosted by Lionel Barber, editor, Financial Times, and Lloyd Blankfein, Chairman and Chief Executive Officer, Goldman Sachs.

Barber called 'Lords of Finance,' “A brilliant book, which brings to life the 1920s and the role of its great public servants in trying, but ultimately failing, to manage the world financial system. A must for anyone who wants to understand economics.”

Lloyd C. Blankfein added, “Lords of Finance is a timely reminder that turmoil and instability in financial markets are not an invention of the 21st Century. It is an extraordinarily researched book that is beautifully written.”

Email me at And follow me on Twitter @BullishonBooks

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