"It was a brilliant, great party!" Those are the opening words of a German novel written by Wolfgang Köhler which forecast the current, global finance disaster. Translated, the title is "Wall Street Panic - Banks Spinning out of Control. How Credit Sharks Shook the Very Foundations of the World Economy." And now reality has caught up with the novel.
Numerous banking institutions such as the biggest US saving bank "Washington Mutual" going bankrupt; investments banks getting nationalised; a schocked Wall Street, and a sense of alarm on world stock markets, and far from the crisis centre in the USA world economies sliding into recession. A global disaster and the fitting book. He saw it coming: the business journalist Wolfgang Köhler is now submerged by interview requests and, now, everybody is listening to him - including reporter Carmen Meyer.
