The Bank: Inside the Bank of England. Dan Conaghan - Hardcover

Dan Conaghan

3.71

17 ratings by Goodreads

Hardcover

ISBN 10: 1849542872 ISBN 13: 9781849542876

Publisher: Biteback Limited, 2012

View all copies of this ISBN edition:

The Bank of England is a uniquely powerful, influential and secretive institution. The decisions which flow from it affect everyone in Britain and many further afield. It is a hugely important cog in the machinery of government, of the City of London and of the global financial markets. Its powers extend far beyond its month-by-month direction of monetary policy to the wilder shores of economic policy, including hundred-billion-pound schemes to prop up Britain's ailing economy. This is the first inside account of the Bank, drawing on interviews with senior current and former Bank staff, that sheds new light on Sir Mervyn King's position and the Bank's role in the financial crisis, including Northern Rock, the banks' billion-pound bailouts and disagreements with the Treasury over Quantitative Easing. It is a superbly written and well-researched tale of King's 'strong, controlling and often inflexible personality', of Machiavelianism at the heart of the financial markets and the extraord

"synopsis" may belong to another edition of this title.

About the Author:

Dan Conaghan has spent the past fifteen years working in the City, in coprorate finance, private equity and latterly in the bond market. Prior to this, from 1991 - 1996, he was a news and features journalist on the staff of the Daily Telegraph. He has also written for publications including The Economist and The Spectator. He graduated with a degree in English Literature from St John's College, Oxford, in 1991.

"About this title" may belong to another edition of this title.