"If you want to understand the how financial system works and how the banks saddled us with their losses I couldn't recommend a better book."
Raphael de Santos, Former head of Equity Derivatives Research and Strategy at Goldman Sachs International
"In the Debt Generation, David Malone comes to a similar conclusion as I came to making Inside Job: that the financial system, as presently constituted, isn't just a danger to our economy, but to our very democracy." Charles Ferguson, Director of Inside Job
"David's book, The Debt Generation, is a passionate call for a world organised around social justice, and not by and for the pursuit of greed.” Caroline Lucas, MP
FROM THE DEBT GENERATION
“It was said that in the Great Depression that the market was sacrificed to save the country. Today we risk sacrificing the country to save the market.”
“It’s their version of the Titanic rescue. Bankers first, women and children left to drown.”
“The bubble and the reputation of the 'smartest men in the room' were, in reality, a function of leverage not brains. Given enough leverage a chimp can make money, and many did.”
"This is an excellent book. The Debt Generation cuts through the cosy consensus that there wasn’t an alternative to the bank bailouts and is a timely reminder that it was the activities of the finance sector, not the public sector, that caused the global economic crisis. Mark Serwotka, General Secretary of the Public and Commercial Services Union
"This book shows how the banks and the government are making ordinary people pay for the economic crisis they created. It exposes a sickening tale of corporate greed and recklessness, with the outrageous connivance of the whole political establishment. The Debt Generation deserves massive success." Peter Tatchell
Raphael de Santos, Former head of Equity Derivatives Research and Strategy at Goldman Sachs International
"In the Debt Generation, David Malone comes to a similar conclusion as I came to making Inside Job: that the financial system, as presently constituted, isn't just a danger to our economy, but to our very democracy." Charles Ferguson, Director of Inside Job
"David's book, The Debt Generation, is a passionate call for a world organised around social justice, and not by and for the pursuit of greed.” Caroline Lucas, MP
FROM THE DEBT GENERATION
“It was said that in the Great Depression that the market was sacrificed to save the country. Today we risk sacrificing the country to save the market.”
“It’s their version of the Titanic rescue. Bankers first, women and children left to drown.”
“The bubble and the reputation of the 'smartest men in the room' were, in reality, a function of leverage not brains. Given enough leverage a chimp can make money, and many did.”
"This is an excellent book. The Debt Generation cuts through the cosy consensus that there wasn’t an alternative to the bank bailouts and is a timely reminder that it was the activities of the finance sector, not the public sector, that caused the global economic crisis. Mark Serwotka, General Secretary of the Public and Commercial Services Union
"This book shows how the banks and the government are making ordinary people pay for the economic crisis they created. It exposes a sickening tale of corporate greed and recklessness, with the outrageous connivance of the whole political establishment. The Debt Generation deserves massive success." Peter Tatchell
