Back from the Brink: 1000 Days at Number 11 (Hardback)Alistair Darling (author)
- Publisher out of stock
In the late summer of 2007, shares of Northern Rock went into free-fall, causing a run on the bank - the first in over 150 years. Northern Rock proved to be only the first. Twelve months later, as the world was engulfed in the worst banking crisis for more than a century, one of its largest banks, RBS, came within hours of collapse.
Back from the Brink tells the gripping story of Alistair Darling's one thousand days in Number 11 Downing Street. As Chancellor, he had to avert the collapse of RBS hours before the cash machines would have ceased to function; at the eleventh hour, he stopped Barclays from acquiring Lehman Brothers in order to protect UK taxpayers; he used anti-terror legislation to stop Icelandic banks from withdrawing funds from Britain. From crisis talks in Washington, to dramatic meetings with the titans of international banking, to dealing with the massive political and economic fallout in the UK, Darling places the reader in the rooms where the destinies of millions weighed heavily on the shoulders of a few. His book is also a candid account of life in the Downing Street pressure cooker and his relationship with Gordon Brown during the last years of New Labour.
Back from the Brink is a vivid and immediate depiction of the British government's handling of an unprecedented global financial catastrophe. Alistair Darling's knowledge and understanding provide a unique perspective on the events that rocked international capitalism. It is also a vital historical document.
Publisher: Atlantic Books
Number of pages: 352
Weight: 708 g
Dimensions: 242 x 164 x 32 mm
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“Back from the Brink”
This is an important book. Along with Gordon Brown’s Beyond the Crash: Overcoming the First Crisis of Globalisation (London: Simon and Schuster, 2010) it revives the essential state of looking at present financial and... More
“A very good read.”
I am only half way through this very interesting book. It is hard to believe that we lived through such dramatic times, and are still doing! Anyone with an interest in what goes on in the world would love this book.
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