Seeking Alpha: Waffle Street - The Confessions And Rehabilitation Of A Financier

The subprime mortgage meltdown, and the resulting credit crisis, recession, and general chaos, has been a boon to many writers and market observers, perhaps most notably Nassim Taleb and his excellent book, "The Black Swan." What many of these books lack, though, is a true first-person perspective and any self-awareness of one's one culpability and role in the events.

James Adams' "Waffle Street (The Confession And Rehabilitation Of A Financier)" is at least a partial antidote to that oversight. Although Adams was not a shot-caller in the events that precipitated the credit crisis, he did have a ringside seat for the meltdown. What's more, much of the book is a story of catharsis and coming to terms with the events that put a fairly by-the-numbers Wall Streeter on a very different course.

What Is This Book About?
The book bills itself as both a memoir and an economics/finance primer, tracing the path of a former buy-side marketing professional from selling mortgage bond investment strategies to state pension funds to selling hashbrowns and coffee to a high-strung, strung-out, and sometimes just loony cast of characters at a local Waffle House restaurant.


To read the full review, please click the link below:
Book Review: 'Waffle Street: The Confessions And Rehabilitation Of A Financier'