A Fabulous Debt, These Are The Plunderers: Must-Read Books

This is my autumnal read, which I just think is incredibly important on bonds, but it's a highly readable look at the history of bonds, from Venice to Amsterdam to London and over to Alexander Hamilton in America. This is a triumph by Robin Wigglesworth, a fabulous debt, which is a quote, I believe, from England ages ago. I just can't say enough about the readability of this for people that want to know from the past. It reads like Daniel Yergin, The Prize, Commanding Heights and the others. Does it demystify the bond market? It does. And he's beautiful about explaining Tom Keene babble in English. Robin does a great job, and I can't say enough about it. Mary Childs wrote a fantastic review of this book for a Bloomberg weekend. I'm curious whether they're going to turn into some kind of TV series on Netflix or something else. Should talk about how there's like specific examples, right? What happened in Amsterdam? What happened, um, when Alexander Hamilton was leading the Treasury? Yeah. It was. And even, you know, he brings in the play from Broadway. And so he brings everything easy. Even as Mary Childs in the book, I might point. Oh, really? Your Danny shows up early and then, you know, great book. And I love you've got Gretchen in your book this week. Yeah. Sorry. You tease it. Um, jet is at the heart of the industry, which is one of the single most significant wealth generators in the past 30, 40 years. You just look at who owns all the sports teams and drives Wall Street. So my book is Gretchen Morgenson and Joshua Rosner. These are the plunderers how PE runs and wrecks America. So not subtle at all. They clearly have a point of view. Right. But it's really about how private equity financiers use debt to fund corporate takeovers and load them up with debt while cutting costs and generate big profits for themselves, and really remaking the economy in the process. And we're now seeing it. We're now what I hear all the time. And this goes back to Susie Welch earlier in the program. You can't do this without reading background. And that's what the Wigglesworth and Morgenson Rogers Rosner books do, their background to make you have a deeper thought about what we're doing in person. I mean.