The “Dark Legacy” of the Nazi Billionaires

Nazi Billionaires: The Dark History of Germany's Wealthiest Dynasties, by David de Jong (published April 19, 2022 by Mariner Books) In the newly released and fairly jaw-dropping Nazi Billionaires, Dutch journalist David de Jong, a Bloomberg News reporter on wealth and finance, profiles five German-Austrian families (the Quandts, Flicks, von Fincks, Porsche-Piëchs, and Oetkers) whose... Continue Reading →

The Rollercoaster Story Behind the Trillion-Dollar ‘Flash Crash’

Book review: Flash Crash, by Liam Vaughan (Amazon / Book Depository) Over 36 minutes on the afternoon of May 6, 2010, a trillion-dollar crash, "the most dramatic market collapse in recent history," occurred on the US stock market. It (mostly) rebounded when the unusual trading activity that caused it ceased, but the exact impetus behind... Continue Reading →

The Dirty Deeds of Deutsche Bank

Dark Towers: Deutsche Bank, Donald Trump, and an Epic Trail of Destruction, by David Enrich (Amazon / Book Depository) This is the story of Deutsche Bank’s rise and fall. It is about the men who transformed a sleepy German lender into what was, for a time, the largest bank in the world, but who also... Continue Reading →

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