Solomon,S. The Confidence Game. 1995
Solomon, Steven. The Confidence Game: How Unelected Central Bankers Are
Governing the Changed Global Economy. New York: Simon & Schuster, 1995.
606 pages.
The mobility of global capital skyrocketed in the 1980s. Foreign
currency exchange transactions increased fourteen fold to $1 trillion
every day (twice the foreign exchange reserves of all world central banks),
while world trade merely doubled. In the 1990s, all manner of future-dated
instruments became popular. Some call it a "casino society"; these financial
markets are almost completely speculative, and very sensitive to bad news.
It all has to balance at the end of the day on the clearing-house computers
that track money movements between banks. If someone fails to meet their
obligations, there's the threat of chain-reaction and meltdown.
Central bankers in the U.S. are known as the Federal Reserve System,
but Germany, Switzerland, Britain, France, and Japan also have their
counterparts. Working together, it's their job to put out any fires that
might consume the system. It's not as if they have the resources for the
task -- no one can control these unpredictable markets, and nations are
increasingly at their mercy. Consequently these central bankers use bluff,
secrecy, and innuendo, hoping to calm the waters by presenting an air of
insider confidence. This book is richly detailed from 250 interviews.
Stay tuned, it could get interesting.
ISBN 0-684-80182-5
- ABALKHAIL MOHAMMED ALI (336)
- ALFONSIN RAUL (248, 253)
- ALPHANDERY EDMOND (479)
- AMATO GIULIANO (375, 478)
- ANDERSON ROGER E (193)
- ANGELL WAYNE D (57, 309-11, 319, 360, 459)
- AXILROD STEPHEN H (276)
- BAKER HOWARD H JR (R-TN) (22-3, 74-5, 80, 153, 370-1)
- BAKER JAMES A III
- BALLADUR EDOUARD (332-4, 337, 374-8, 398)
- BANK INTERNATIONAL SETTLEMENTS (37, 110-5)
- BEALES MICHAEL (392)
- BERGSTEN C FRED (295, 470)
- BLUMENTHAL W MICHAEL (131, 312, 316)
- BLUNDEN GEORGE (33, 69, 93-4, 98, 117, 181, 266)
- BOSKIN MICHAEL J (459)
- BRADDOCK RICHARD S (466)
- BRADFIELD MICHAEL (57, 145, 180, 195, 237, 247, 249, 269)
- BRADY NICHOLAS F (61-2, 104, 106, 459-61)
- BRANSON WILLIAM H (44, 130, 176, 184-5, 289, 295, 409, 448)
- BRITISH PETROLEUM PLC (96-102)
- BRYANT RALPH C (295, 446-7)
- BURNS ARTHUR F (29, 76, 125, 127-8, 293-4)
- BUTCHER WILLARD CARLISLE (242, 266)
- BYRD ROBERT C (D-WV) (153)
- CAMDESSUS MICHEL (297, 361)
- CARLI GUIDO (34, 45)
- CHASE MANHATTAN BANK (465)
- CHEMICAL BANK (465)
- CHINO TADAO (432-3)
- CIAMPI CARLO AZEGLIO (30, 113, 477)
- CITIBANK (267-70, 466-7)
- CITICORP (465)
- CLAUSEN ALDEN W (TOM) (132, 202)
- CONABLE BARBER B JR (R-NY) (261)
- CONOVER C TODD (170, 172, 180-2, 222)
- CONTINENTAL ILLINOIS NATIONAL BANK (159-60, 169-72)
- COOKE PETER (420-2, 426-7, 437)
- CORRIGAN E GERALD (22, 59, 64-79, 98, 119, 159, 237, 414, 428-9, 466-7)
- COYNE JOSEPH R (142)
- CRIPPEN DAN L (53, 406)
- CROSS SAM Y (205, 221, 231, 237)
- CROW JOHN (BANK OF CANADA) (30, 36, 69, 94, 121, 266, 435)
- DALLARA CHARLES H (269, 362)
- DARMAN RICHARD GORDON (296)
- DE CLERCQ WILLY (429)
- DE LA GENIERE RENAUD (111-2, 228-9, 238, 288)
- DE LA MADRID MIGUEL (199, 257-60)
- DE LAROSIERE JACQUES (342)
- DE VRIES RIMMER (389)
- DELFIM NETTO ANTONIO (223, 244)
- DELORS JACQUES (335, 476)
- DEUTSCHE BANK (234-5)
- DINI LAMBERTO (120, 400)
- DRUCKER PETER F (MANAGEMENT GURU) (40, 290, 325, 410)
- DUISENBERG WIM F (WILLEM) (228)
- EAGLEBURGER LAWRENCE SIDNEY (224)
- EMMINGER OTMAR (128, 141, 282, 318)
- FARRINGTON MARK (407-8)
- FAZIO ANTONIO (30)
- FEDERAL RESERVE SYSTEM
- FEKETE JANOS (198)
- FELDSTEIN MARTIN S (176, 396)
- FINCH DAVID (216, 260)
- FITZSIMMONS MARK (368, 392)
- FRANKEL JEFFREY A (174)
- FRIEDMAN MILTON (137-8, 140, 148)
- FUJITA TSUNEO (42, 83-4, 86, 394-5, 440)
- GARN JAKE (R-UT) (153)
- GEORGE EDDIE (30)
- GISCARD DESTAING VALERY (282)
- GLESKE LEONHARD (94)
- GODEAUX JEAN (228)
- GOLDMAN SACHS COMPANY (422-3)
- GONZALEZ HENRY B (D-TX) (153)
- GONZALEZ DEL SOLAR JULIO (218)
- GOODHART CHARLES (58, 115, 282, 388)
- GORDON DAVID (500)
- GORIA GIOVANNI (340)
- GOTODA MASAHARU (349-50)
- GOULD GEORGE D
- GRAMM PHIL (R-TX) (246)
- GREENE MARGARET L (GRETCHEN) (391-2)
- GREENSPAN ALAN J
- GURRIA ANGEL (205)
- GUTH WILFRIED (179, 186, 194, 231, 234-6, 251-2, 281)
- GYOHTEN TOYOO (293-4, 312, 315, 327, 355, 384, 422-4)
- HABERER JEAN-YVES (234)
- HALE DAVID (ECONOMIST) (408)
- HAMILTON LEE H (D-IN) (188)
- HANSELMANN GUIDO (250)
- HASHIMOTO RYUTARO (483)
- HEILBRONER ROBERT L (39)
- HELLER ROBERT (352)
- HELMS JESSE A (R-NC) (246)
- HERRHAUSEN ALFRED (255)
- HERSTATT BANK (116-7)
- HESSE HELMUT (382)
- HOFFMEYER ERIK (187, 228, 246, 272)
- HORMATS ROBERT D (199, 345)
- HOSOMI TAKASHI (293-4, 324-5, 409)
- HOWE GEOFFREY (218)
- HUNT NELSON BUNKER (144-5)
- HUNT WILLIAM HERBERT (144-5)
- INTERNATIONAL MONETARY FUND (201-2, 214-31, 243-9, 260-1)
- ISAAC WILLIAM M (160, 170)
- JOHNSON MANUEL H (21, 47, 59, 84-5, 113, 309-11, 319, 336, 338, 459-60)
- JONES DAVID M (403-4)
- KAMIYA KENICHI (430)
- KANEMARU SHIN (486)
- KASHIWAGI YUSUKE (81, 87, 91, 230, 232, 250, 265, 322, 429)
- KAUFMAN HENRY J (143, 455)
- KEEHN SILAS (455)
- KELLEY EDWARD W JR (MIKE) (461)
- KEMP JACK F (153, 167, 188)
- KENEN PETER B (34-5, 45, 145, 271-2, 294)
- KETCHUM RICHARD G (74)
- KINDLEBERGER CHARLES P (33, 489)
- KLASEN KARL (43)
- KLOTEN NORBERT (311, 331-2, 366)
- KOEHLER CLAUS (373)
- KOEHLER HORST (328)
- KOHL HELMUT (286, 326, 472-4)
- KOO RICHARD (290, 321, 323, 351)
- KUROSAWA YOH (265-6)
- LAHNSTEIN MANFRED (132, 141, 208)
- LAMBSDORFF OTTO GRAF (286)
- LAMFALUSSY ALEXANDRE (30, 111-3, 197, 303, 357, 397)
- LAMONT NORMAN (477)
- LANGONI CARLOS (223, 239-40, 242-3)
- LAWARE JOHN P (461)
- LAWSON NIGEL (94, 98-101, 265, 342-3, 364-5, 374-7, 384)
- LEBEGUE DANIEL (302, 306, 335, 341)
- LEE HWALIN (76)
- LEIGH-PEMBERTON ROBIN (30, 93-6, 100, 155, 415-6)
- LEUTWILER FRITZ
- LITTLER GEOFFREY (306-7, 374, 385)
- LOEHNIS ANTHONY (110, 234, 265)
- LOPEZ PORTILLO JOSE (PRES) (193, 199-201, 203, 207, 217)
- LUCAS CHARLES (NEW YORK FED) (179)
- LUTOLF FRANZ (234, 265)
- MACRAE NORMAN (51)
- MAEKAWA HARUO (MIKE) (30, 202, 238, 278, 323)
- MANCERA MIGUEL (193, 199-200, 207, 257, 259)
- MANUFACTURERS HANOVER TRUST COMPANY (171-2)
- MARS DAVID (380)
- MARTIN PRESTON (309-11)
- MARTIN WILLIAM MCCHESNEY JR (29-30, 132, 156, 165)
- MATSUKAWA TAKASHI (83)
- MCGILLICUDDY JOHN F (244)
- MCKINNON RONALD I (397)
- MCLEAN KENNETH (78, 153, 247, 418, 447)
- MCMAHON CHRISTOPHER (KIT) (237-8)
- MCMAHON KIT (202)
- MCNAMAR R TIM (159-61, 176, 193, 202-3, 215-6, 230, 242-3, 246, 287)
- MIDDLETON PETER (BRITISH TREASURY) (100)
- MIENO YASUSHI (30, 36, 88, 316, 356, 362, 408, 443, 481-90)
- MIKUNI AKIO (87, 486)
- MILLER G.WILLIAM (131-2, 140)
- MILLER JAMES C III (371)
- MITTERRAND FRANCOIS (286)
- MIYAZAWA KIICHI (317, 323, 328-30, 424)
- MORGAN LEE L (148)
- MORSE JEREMY (199, 213, 220, 237, 246)
- MULFORD DAVID C (175, 254, 269, 277, 297, 329, 364)
- NAKAMURA KANEO (90, 322, 424)
- NAKASONE YASUHIRO (279, 312, 323-4, 354-5)
- NAMBARA AKIRA (324, 405)
- NEVES TANCREDO (252-3)
- NOELLING WILHELM (373)
- NORMAN MONTAGU COLLET (93, 111)
- NYERERE JULIUS K (253)
- OBA TOMOMITSU (107, 109, 302, 314, 374)
- OGATA SHIJURO (142, 198, 278, 280, 288)
- OHTA TAKESHI (69, 84-5, 317, 424)
- OKUMURA HIROHIKO (82)
- PARDEE SCOTT EDWARD (179-80, 292)
- PENN SQUARE BANK (159-61, 169-70)
- PETRICIOLI GUSTAVO (209, 259-60, 264-5)
- PHELAN JOHN J JR (22-3, 58-9, 67, 73-4)
- POEHL KARL-OTTO
- PRESTON LEWIS T (64, 211, 220, 223, 225, 233-5, 242-4, 253, 267-8, 437)
- PROXMIRE WILLIAM (D-WI) (136, 153, 247)
- QUINN BRIAN (65, 84, 94-6, 103, 210, 221, 416-7, 432-3)
- REED JOHN SHEPARD (255, 261-3, 265-9, 466-7)
- REGAN DONALD T
- RHODES WILLIAM R (205-6, 217, 221, 243-4, 262)
- RICHARDSON GORDON
- RICHEBACHER KURT (175, 347)
- RIEGLE DONALD W JR (D-MI) (506)
- ROBERTS STEVEN (PAUL VOLCKER AIDE) (58, 177, 418-9)
- ROBINSON JAMES D III (437)
- RUBIO MARIANO (113)
- RUDER DAVID S (22, 47, 440)
- SABAH ALI KHALIFA AL- SHEIK (101)
- SACCOMANNI FABRIZIO (361)
- SALINAS DE GORTARI CARLOS (222, 258)
- SAMUELSON ROBERT J (162)
- SANFORD CHARLES STEADMAN JR (71)
- SARBANES PAUL S (D-MD) (505-6)
- SARCINELLI MARIO (375)
- SARGEN NICHOLAS (321, 406)
- SARNEY JOSE (252-3)
- SCHADRACK FRED (418)
- SCHLECHT OTTO (382)
- SCHLESINGER HELMUT (30, 102-3, 140, 284-5, 318, 364, 477)
- SCHMIDT HELMUT (28, 43, 120, 140, 197, 282, 285-6, 295)
- SCHULMANN HORST (234-5)
- SCHULTZE CHARLES L (140)
- SEGER MARTHA R (309)
- SHIGEHARA KUMIHARU (108)
- SHULTZ GEORGE PRATT (39, 225, 295, 298, 305)
- SILVA HERZOG JESUS (193, 199-210, 217, 248-9, 253, 257-60)
- SOLOMON ANTHONY M (139-40, 146, 173, 242)
- SOLOMON ROBERT (37, 41-2, 339)
- SOSS NEAL M (152)
- SPRINKEL BERYL W (61, 175, 298, 309, 370-1, 389)
- ST.GERMAIN FERNAND J (D-RI) (246)
- STOCKMAN DAVID A (149, 153, 158, 163, 203, 500)
- STOLTENBERG GERHARD (61, 226-7, 291, 297, 302, 327-8, 333-5, 374-9)
- SUMITA SATOSHI (30, 88, 110-1, 113, 307, 329, 362, 383, 424)
- SUMITOMO BANK (422-3)
- SUZUKI YOSHIO (86-7, 313, 316)
- TABUCHI SETSUYA (82, 88, 104-5)
- TAKESHITA NOBORU (297, 302, 312, 395)
- TAMURA HAJIME (349-50)
- TAMURA TATSUYA (81, 94)
- TAYLOR WILLIAM (FEDERAL RESERVE) (161, 231, 269, 417, 466-7)
- TEETERS NANCY H (29)
- TELLOS CARLOS (207, 222)
- TERASAWA YOSHIO (90, 104, 292, 322)
- THATCHER MARGARET (291, 502-3)
- THEOBALD THOMAS C (266)
- THIEKE STEPHEN G (67, 69, 73, 418)
- THUROW LESTER C (490)
- TIETMEYER HANS (30, 281, 297, 314, 374, 378)
- TOBIN JAMES (ECONOMIST) (455)
- TRICHET JEAN-CLAUDE (30, 332-3, 374)
- TRUMAN TED (122, 131, 176, 200, 338)
- TULLIO GIUSEPPE (313)
- UTSUMI MAKOTO (85, 347, 409)
- VAN WOLFEREN KAREL G (325)
- VOLCKER PAUL ADOLPH
- WAIGEL THEO (473, 477-8)
- WAKATSUKI MIKIO (488)
- WALLICH HENRY C (139, 142, 310)
- WALTER NORBERT (326, 331)
- WHITEHEAD JOHN CUNNINGHAM (74)
- WILSON MICHAEL H (99)
- WOJNILOWER ALBERT M (129)
- WRISTON WALTER BIGELOW (35, 39, 70, 154, 196-7, 199, 202, 207-8, 220, 232-4, 238-9, 242, 251)
- YAMAGUICHI MITSUHIDE (302)
- YOSHITOMI MASARU (482, 486)
name search
home page