● Seeds of Destruction: Why the Path to Economic Ruin Runs Through Washington, and How to Reclaim American Prosperity
By Glenn Hubbard and Peter Navarro
Interview with co-author (Hubbard) via Reuters
In their must-read policy manifesto, “Seeds of Destruction,” Glenn Hubbard and Peter Navarro outline the biggest economic problems facing America and what can be done about them. Hubbard is the former head of the Council of Economic Advisers under George W. Bush and is now dean of Columbia Business School. Navarro, a Democrat, is a business professor at the University of California, Irvine and author of The Coming China Wars.
● Ruthless: How Enraged Investors Reclaimed Their Investments and Beat Wall Street
By Phil Trupp
Video interview with author on Fox.
It’s being called a book for everyone who’s invested in Wall Street…The book came about after Trupp’s life and plans for retirement were turned upside down after he was told a large portion of his investments were frozen. But Trupp fought back and won!
● American Colossus: The Triumph of Capitalism, 1865-1900
By H.W. Brands
Review via The Wall Street Journal
The nature of both ruin and success is the subject of “American Colossus,” H.W. Brands’s account of, as the subtitle has it, “The Triumph of Capitalism” during the period 1865-1900. Mr. Brands paints a vivid portrait of both this understudied age and those industrialists still introduced by high-school teachers as “robber barons”—Vanderbilt, Andrew Carnegie, John D. Rockefeller and J.P. Morgan. Together these men of the 19th century laid the foundations that would allow the use of innovations that we think of as modern, such as trains and automobiles, on a massive scale in the 20th century.
● The Hellhound of Wall Street: How Ferdinand Pecora’s Investigation of the Great Crash Forever Changed American Finance
By Michael Perino
Podcast interview with author via NPR.
Ferdinand Pecora was little known outside New York until 1933. The former New York prosecutor was called to Washington to become chief counsel of Senate hearings looking into Wall Street’s wrongdoings that led to the Crash of 1929. Pecora is a surprising hero of the time — he was a poor Italian immigrant who earned his legal education at night school. And over a ten-day period, he grilled some of the titans of Wall Street, toppling one of them — multimillionaire Charles Mitchell, aka Sunshine Charley — who was chairman of National City Bank, the predecessor of the current-day Citibank. NPR’s Robert Siegel talks to Michael Perino, a law professor and former Wall Street litigator, about his new book, The Hellhound of Wall Street: How Ferdinand Pecora’s Investigation of the Great Crash Forever Changed American Finance.
● The Quant Investor’s Almanac 2011: A Roadmap to Investing
By Irene Aldridge, Steven Krawciw
Summary via press release.
For years, quantitative investing was regarded as the domain of a select few institutional traders that employed teams of highly educated mathematicians and physicists. Yet many principles behind quantitative investing do not require mathematical prowess, computer knowledge, or economic education to understand. In The Quant Investor’s Almanac 2011: A Roadmap to Investing, Irene Aldridge, quantitative portfolio manager at a boutique investment firm, and Steven Krawciw, executive at a global private bank, offer investors the latest quantitative investing strategies digested down to their essentials.