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By Paul Erdman What's Next? (1st First Edition) [Hardcover]
Drawing on his own business and investment theories, the author forecasts a stock market crash in February 1989, followed by a profitable period during the 1990s, and offers investment tips and tactics
Unknown Binding
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About the author
Paul Emil Erdman
33 books48 followersPaul Emil Erdman was one of the leading business and financial writers in the United States who became known for writing novels based on monetary trends and historical facts concerning complex matters of international finance.
Erdman was born in Ontario, Canada, to American parents. He graduated from Georgetown University’s Edmund A. Walsh School of Foreign Service. He received his PhD from the University of Basel (in Switzerland). In 1958 he worked as a financial analyst for the European Coal and Steel Community. Between 1959 and 1961, he worked as an economist at the Stanford Research Institute at Menlo Park.
Erdman returned to Switzerland where in 1965, he founded and was the president of a Swiss bank - the Salik Bank. In 1969, the United California Bank in California bought a majority stake and renamed it the United California Bank in Basel. The bank collapsed after taking large losses speculating in the cocoa market. Erdman and other board members were accused of fraud and Erdman spent time in jail awaiting trial.
While in jail, he wrote his first novel - The Billion Dollar Sure Thing (1973). It received a 1974 Edgar Award from the Mystery Writers of America for Best First Novel and was published in the UK as The Billion Dollar Killing. He was released on bail and fled from Switzerland. He was subsequently convicted in absentia. His second novel, the The Silver Bears (1974) was turned into a 1978 movie of the same name, starring Michael Caine. His books were well researched and contain convincing details. Despite the underlying complexity of his novels, his lucid writing style had enabled readers to learn complex concepts such as interest rate swaps, and his novels had often been bestsellers. The information in The Swiss Account is credited with providing a basis for helping track down the assets of Jewish victims of the holocaust.
Erdman was born in Ontario, Canada, to American parents. He graduated from Georgetown University’s Edmund A. Walsh School of Foreign Service. He received his PhD from the University of Basel (in Switzerland). In 1958 he worked as a financial analyst for the European Coal and Steel Community. Between 1959 and 1961, he worked as an economist at the Stanford Research Institute at Menlo Park.
Erdman returned to Switzerland where in 1965, he founded and was the president of a Swiss bank - the Salik Bank. In 1969, the United California Bank in California bought a majority stake and renamed it the United California Bank in Basel. The bank collapsed after taking large losses speculating in the cocoa market. Erdman and other board members were accused of fraud and Erdman spent time in jail awaiting trial.
While in jail, he wrote his first novel - The Billion Dollar Sure Thing (1973). It received a 1974 Edgar Award from the Mystery Writers of America for Best First Novel and was published in the UK as The Billion Dollar Killing. He was released on bail and fled from Switzerland. He was subsequently convicted in absentia. His second novel, the The Silver Bears (1974) was turned into a 1978 movie of the same name, starring Michael Caine. His books were well researched and contain convincing details. Despite the underlying complexity of his novels, his lucid writing style had enabled readers to learn complex concepts such as interest rate swaps, and his novels had often been bestsellers. The information in The Swiss Account is credited with providing a basis for helping track down the assets of Jewish victims of the holocaust.
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February 23, 2018
Why would one want to read a book like this now? Because it is endlessly fascinating. Because I just love Erdman. This book was published in 1988 and Erdman predicted a crash for 1989, for February, in reality, it was October. And he explains why it would happen and how to make money out of it. I do not understand a tenth of it but I wish would. And were I young again I would study economics. He also predicted, more or less the collapse of the Soviet Union. Very nice.
Displaying 1 of 1 review