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4.02 AVERAGE
4.02 AVERAGE
dark
funny
hopeful
informative
fast-paced
Informative and hilarious! I learned so much about fraud and economic history. Dan Davies provided just enough information for context but not so much that I lost the thread of the example or story he was conveying. The stories are fascinating and it's easy to get lost in their breathtaking audacity, but I appreciated that Dan Davies makes certain that we don't forget the victims of these frauds and the cost they have had, both literal and metaphorical. I've already recommended this to several other people, before I even finished it!
Well written, funny, informative.
> If you want to be like Canada, you more or less have to accept that you’re going to be the kind of place where people assume that a guy in a suit is probably honest.
> This state of affairs is actually quite uncommon in the criminal justice system. Most trials only have a couple of liars in the witness box, and the question is a simple one of whether the accused did it or not. In a fraud trial, rather than denying responsibility for the actions involved, the defendant is often insisting that no crime was committed at all, that there is an innocent interpretation for everything.
> At the time of writing, if you want to convert a ludicrously false story about the internet into enough money to buy a yacht, private venture capital is probably the way to do it. But public markets have some advantages too.
> He liked the finer things in life – private jets, luxury hotels and politicians – and spent lots of money buying all of them.
> If you want to be like Canada, you more or less have to accept that you’re going to be the kind of place where people assume that a guy in a suit is probably honest.
> This state of affairs is actually quite uncommon in the criminal justice system. Most trials only have a couple of liars in the witness box, and the question is a simple one of whether the accused did it or not. In a fraud trial, rather than denying responsibility for the actions involved, the defendant is often insisting that no crime was committed at all, that there is an innocent interpretation for everything.
> At the time of writing, if you want to convert a ludicrously false story about the internet into enough money to buy a yacht, private venture capital is probably the way to do it. But public markets have some advantages too.
> He liked the finer things in life – private jets, luxury hotels and politicians – and spent lots of money buying all of them.
A book that shows that fraud is nothing new, some have a tinge of legality but are still fraudulent. As they say, crime, or in this case, fraud, however you frame it, doesn't pay.