A review by simmoril
I.O.U.: Why Everyone Owes Everyone and No One Can Pay by John Lanchester

5.0

I.O.U. is the first audio book I've listened to, and I have to say that this was an awesome first choice. Lanchester's analysis of the current credit crunch is definitely one of the better ones I've come across. He gives down-to-earth explanations for some of the more esoteric financial concepts like CDOs and CDSes, but also provides enough fodder to let the reader explore these and other topics further. I highly recommend this book to anyone wanting to learn more about what happened to the global economy.