|HODDER & STOUGHTON|
the observer Sun 09 November 2008
If anyone's stock has risen during the financial belly-up, it's that of Robert Peston, BBC man and credit-crunch soothsayer. So here he is on the cover, in pinstripes and pink shirt, collar open, though he was nowhere to be seen on the dust jacket of February's hardback. There's a new subtitle too: 'And who's to blame for the economic mess we're in'. It's slightly misleading, since the crisis is not considered in hindsight, but all the clues are here, shockingly obvious, and explained better than they have been elsewhere. Blame the government for being too soft, slow and stupid, says an entertaining Peston, not the abhorrently rich hedge funders and private equity schemers, men far too intelligent not to dive through Gordon Brown's misplaced loopholes, fill their boots and screw the taxpayer.