... of Financial Market Meltdown (Praeger, 2009)—required reading for new recruits in a leading global financial-services firm a short history and explanation of financial markets, manias, and panics ... Saal, payments experts Eric Grover and Michael Lewis, as well as Angus Walker, Antony Elliot of Fairbanking, historian and author Louis Hyman, and Professor Hal Scott, director of the Harvard ... that are constants of business and politics, the truth of all manias is that they are at bottom “ extraordinary popular delusions and the madness of crowds” as Scottish journalist Charles Mackay...