The Crisis of Crowding

The Crisis of Crowding is an excellent account of the financial crisis of 2008. This book has everything: an analysis of the trades, interviews with key players, and most importantly, a simple, entertaining explanation of how we got into this mess. It stretches from the LTCM crisis in 1998 to the Greek Crisis of 2012. Anyone who wants to know how our financial system works and how we can improve it should read this book.

РFrank Fabozzi, Professor at EDHEC Business School and Former Professor at the Yale  School of Management