[lbo-talk] Re:lbo-talk] GS: stronger growth

Doug Henwood dhenwood at panix.com
Sat Jun 21 12:00:52 PDT 2003


Dwayne Monroe wrote:


>Does WS even serve a useful role for the nation?

<http://www.amazon.com/exec/obidos/ASIN/0860916707/leftbusinessobseA/>.

Quoting from the Library Journal review:


>In this "down and dirty" diatribe about American finance, journalist
>and New York radio personality Henwood makes no attempt at a
>balanced portrayal of Wall Street. He aims to "embarrass official
>wisdom" and expose the financial world's weaknesses, perhaps too
>gloatingly. Intemperate phrasing abounds, e.g., "real estate is
>based on milking wealth from land and tenants." Admittedly, Henwood
>flails at both the Left and the Right, and he doesn't hide his
>biases, but he lovingly quotes Keynes and Marx a little too often.
>Henwood doesn't claim to be offering any practical investment
>advice; nor does he present any solutions to the problems against
>which he fulminates. The result is a difficult, divisive,
>unpleasant, querulous, and uninstructive book that larger business
>collections might tolerate. - Alexander Wenner, Indiana Univ. Lib.,
>Bloomington

Doug



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