Riches among the ruins; adventures in the dark corners of the global economy.

9780814410608

Riches among the ruins; adventures in the dark corners of the global economy.

Smith, Robert P.

AMACOM

2009

243 pages

$24.95

Hardcover

HG5993

In the mid-1980s, Smith, a noted authority on developing-world debt, was a brash young economic mercenary, traveling to war-torn countries to make and lose fortunes by buying and selling high-risk securities in downtrodden economies. After a crash course in basic economics of bonds, government debt, and obscure trading instruments, he tells of his adventures in the streets of Baghdad after the fall of Saddam, in post-community Russia, in Guatemala, and Nigeria. The author is founder of a corporation which specializes in trading emerging markets' sovereign debt and evaluating creditor claims against foreign governments. Co-author Peter Zheutlin is a freelance journalist.

([c]2009 Book News, Inc., Portland, OR)