Money and Tough Love

Download or read book Money and Tough Love written by Liaquat Ahamed and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the world's bankers, it is not April that is the cruellest month, but September. It is when most financial crises hit and the world's stock markets have their biggest tumbles. During the 19th and 20th century it was thought that the pattern was caused by the crop seasons. But even as agriculture has declined dramatically in significance, the seasonal spike continues. Perhaps it has to do with the end of the vacation season: all those well-heeled bankers, returning to work after the long hazy days of summer, are jolted back into reality.