I would sleep better if I knew that Bernanke Geithner Bachus Sen. Tim Johnson Obama and
Romney all kept dog-eared copies of Kevin Mellyn's Broken Markets on their nightstands. . . .
Mellyn's work is a fascinating important and eminently good read and should inform the debate
on overhauling the U.S. and global financial regulatory systems and sustainable macro fiscal
and monetary policy. --Eric Grover in his review of Broken Markets in The American Banker
Broken Markets allows the intelligent non-specialist to understand and navigate the ongoing
worldwide aftermath of the 2008 financial market meltdown. The key theme of the book is how the
leading financial institutions and the political leadership of the U.S. and European Union have
failed us and set the stage for continued market turmoil. It explains what this means for
investors borrowers society in general and the financial-services industry. Former banker
Kevin Mellyn focuses on providing readers with clear and simple explanations of the forces at
work and the potential consequences for their future prosperity. As this book makes clear
what's coming is a world in which high structural unemployment and flat or declining real
income is likely-not to mention a diminished retirement financial safety net. The book
therefore provides actionable information for protecting wealth and making prudent investment
decisions in an economy that is nothing like the one that has sustained us for decades. As a
forward-looking narrative about rapidly changing events and volatile markets and politics
Broken Markets will provide no single prediction about the future but rather describe
alternative scenarios and provide the reader with signposts to watch out for in deciding which
reality is actually unfolding. Unlike most books written by journalists on global finance the
scenarios and signposts described willbe largely based on the lessons of financial and
political history rather than breaking news. This book: Tells you in plain language how today's
financial system threatens your livelihood and wealth Tells you why and how governments
worldwide with some notable exceptions are taking actions likely to make things worse instead
of better Explains how the leading financial institutions lost their way during the bubble
years and how they can find the path back to prosperity and value to society Tells you what
life will be like in a post-finance economy and how you can protect your wealth
