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The Chastening: Inside the Crisis That Rocked the Global Financial System and Humbled the IMF. (Books in review: trouble in the high command). (book review)

American Prospect, The,  February, 2002  by Lozada, Carlos

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The Chastening: Inside the Crisis That Rocked the Global Financial System and Humbled the IMF By Paul Blustein. Public Affairs, 431 pages, $30.00

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THERE'S NOTHING LIKE A nice vacation to take your mind off looming global financial meltdown. Just ask former U.S. Treasury Secretary Robert Rubin, who sneaked away for a fishing trip to the British Virgin Islands as the South Korean economy teetered on the verge of default in December 1997. Or Central Bank of Russia boss Sergei Dubinin, who took some personal time in Italy just as the Russian ruble was crumbling in August 1998. Or ...

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