Banker to the World: Leadership Lessons From the Front Lines
Praise for Banker to the World "...Once the immediate worry of a string of bank failures has abated, Berlin and Paris should then go about the business of restructuring errant countries' bank loans. The global community has been through this before. For a primer, Angela Merkel, Nicolas Sarkozy and David Cameron should read the short, breezily written but instructive book Banker to the World: Leadership Lessons from the Front Lines of Global Finance...by now retired banker Bill Rhodes, who quarterbacked numerous, complex restructurings."...--Steve Forbes, "What's German for TARP", Forbes.com "Rhodes's recollections are lively and richly detailed, replete with glimpses of top-ranking personalities from the world of banking and government interacting under pressure, and they provide a rare window into how these important but normally secretive operations of high-level international finance actually work...Whether America's bankers will run their firms more responsibly in the future remains an open question. They would do well to have people like William Rhodes in their senior management--and, next time around, to listen to them." --The New York Review of Books "Mr. Rhodes was one of the few members of the financial establishment to sense that the world was on the brink of a calamity in 2007 (most of the prophets of doom were either academic theoreticians or maverick financiers) ...In Banker to the World ...Mr. Rhodes succeeds in hammering home three lessons that we need to take to heart if we are to have any chance of navigating the troubled waters that lie ahead...Bankers to the world like Mr. Rhodes are buffetted from one unpredictable storm to another. They are forever on the verge of being ruined by events. And they rely on the seat of their pants as much as the power of their intellects. Mr. Rhodes is rightly proud of his record in defusing debt bombs and calming financial storms. Let's hope that his successors will be able to make similar boasts in the decades to come." --The Wall Street Journal "Bill Rhodes has been the consummate insider in international issues for more than three decades. He influenced U.S. and foreign policies on trade, exchange rates, and foreign debt resolution. Leaders around the world have benefited from Bill Rhodes's advice. This book gives readers an honest review of the events and of the political leaders who made the key decisions." --Professor Martin Feldstein, Department of Economics, Harvard University "Bill Rhodes has made it his life's work to bring common sense to the most serious international problems. On something I know firsthand, the Brady Plan, Bill's steady support and energy were invaluable to its conclusion. This comes as no surprise--that's what he always does." --Nicholas Brady, former U.S. Secretary of the Treasury "Banker to the World, a book exceptionally well titled, is an illuminating lesson in leadership, diplomacy, vision, and tenacity. It will be required reading at all levels of finance."...