Financial ruin?
The Panic of ’B9. By Paul Erdman. Andre Deutsch/Century Hutchinson, 1986. 308 pp. $34.99. Erdman wrote “The Crash of ’79” a decade ago. Fragments of it came true; but it turned out to be a financial thriller with a short shelf life once 1979 was past. This time events are set in 1989. Here is a great conspiracy of South American politicians, who decide not to repay their countries’ debts — plus Swiss bankers with an eye to humbling American banks, and the Soviet K.G.B. fishing in the murky waters of international currency trading. Again, the oil price is crucial to the plot. But what looks like promising material for the first half of the book limps to a lame, unconvincing conclusion as Erdman seems to tire of his idea. A pity, because this banker turned writer of sweeping political thrillers can sometimes deliver a deft phrase or a bizarre twist of plot. Will we have to wait 10 years for another "Erdman of ’99”?
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19861213.2.140.10
Bibliographic details
Press, 13 December 1986, Page 28
Word Count
166Financial ruin? Press, 13 December 1986, Page 28
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.