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Bankocracy

John Lanchester: Lehman Brothers, 5 November 2009

The Murder of Lehman Brothers: An Insider’s Look at the Global Meltdown 
by Joseph Tibman.
Brick Tower, 243 pp., £16.95, September 2009, 978 1 883283 71 1
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A Colossal Failure of Common Sense: The Incredible Inside Story of the Collapse of Lehman Brothers 
by Larry McDonald, in collaboration with Patrick Robinson.
Ebury, 351 pp., £7.99, September 2009, 978 0 09 193615 0
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... realising just how deep a hole they were in. A Colossal Failure of Common Sense is by Larry McDonald, a trader at the bank, and his view of its culture is much darker than Tibman’s. McDonald’s background was in convertible bonds. These are a form of debt which under certain circumstances can switch to ...

Rising Moon

R.W. Johnson, 18 December 1986

L’Empire Moon 
by Jean-Francois Boyer.
La Découverte, 419 pp., August 1986, 2 7071 1604 1
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The Rise and Fall of the Bulgarian Connection 
by Edward Herman and Frank Brodhead.
Sheridan Square, 255 pp., $19.95, May 1986, 0 940380 07 2
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... and its columns featured articles by such luminaries of the conservative movement as Congressman Larry McDonald (head of the John Birch Society), Fred and Phyllis Schafly, Ray Cline (former deputy-director of the CIA), General Daniel Graham (now leader of the High Frontier – i.e. Star Wars – lobby) and Reed Irvine. Irvine brought a fresh raft of ...

White Power

Thomas Meaney, 1 August 2019

Bring the War Home: The White Power Movement and Paramilitary America 
by Kathleen Belew.
Harvard, 330 pp., £23.95, April 2018, 978 0 674 28607 8
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Revolutionaries for the Right Anti-Communist Internationalism and Paramilitary Warfare in the Cold War 
by Kyle Burke.
North Carolina, 337 pp., June 2018, 978 1 4696 4073 0
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... but ultimately productive relationship with Reagan. In 1979 the anti-communist Georgia congressman Larry McDonald established the Western Goals Foundation, a privately funded version of the House Un-American Activities Committee, which had been wound up four years earlier. Like HUAC, McDonald’s database stored files ...

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