Overview

In The Nearly Perfect Storm, An American Financial and Social Failure, Uyless Black unravels the mystery of how the failure of a single sector-the financial industry-triggered a meltdown in 2008 that devastated millions of Americans and countless others worldwide. Written from the perspective of a memoir of a concerned citizen trying to understand the enormity of the 2008 financial meltdown, this book digs deep into the financial, political, and social forces that set the stage for the worst recession since the Great Depression. With a unique blend of expertise and accessibility, Black-who has held senior positions in banking and finance, including as a Federal Reserve Board officer-makes the risky complexities of this crisis understandable to the average reader. He breaks down topics like ""financial weapons of mass destruction"" with clarity and even a touch of humor. This isn't a dry, academic tome; it's a gripping, well-documented exploration of human greed, regulatory failures, and the bipartisan policies that shaped America's economic collapse. For anyone still perplexed by how the missteps of Wall Street led to such widespread chaos, Black's book offers a balanced, insightful, and even entertaining look at the meltdown that shook the world.

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9780980010725

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Uyless Black's diverse background as a software programmer, a Federal Reserve officer, a military man, and a business owner has given him a unique perspective and vantage point on the subjects of the book. He was a Senior Vice President for the Dallas Federal Reserve Bank, an Assistant Director, and the Ombudsman for the Federal Reserve Board. He designed and wrote code for the first automated system that simulated the U.S. money supply. His software was used by the Federal Open Market Committee to regulate the money supply of the nation. He was the founder of three data communications network consulting firms, became an international lecturer, and wrote thirty-five books on the emerging Internet technology with several published in other languages. In 2002 Mr. Black left the world of computer networks and has since written several more books and hundreds of articles on subjects ranging from politics and warfare to satire on public figures. For this past decade, he has devoted himself to investigating and reporting on the social, political, and financial climate of America.

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