|
|
Mohamed El-Erian wins Business Book of the Year Award 2008
Mohamed El-Erian won the Financial Times and Goldman Sachs Business Book of the Year Award 2008
(http://www.ft.com/bookaward) for 'When Markets Collide: Investment Strategies for the
Age of Global Economic Change', a timely alert to the fundamental changes taking place in today’s global economic
and financial systems and a call to action for investors who may fall victim to misinterpreting important signals,
published by McGraw-Hill.
The Award was presented today at a Gala Dinner at the Plaza Hotel in New York by Lionel Barber, Editor of the
Financial Times, and Lloyd C, Blankfein, Chairman and Chief Executive Officer of Goldman Sachs. The keynote
speaker was Samuel J. Palmisano, Chairman, CEO, and President of IBM. CNBC Anchor Maria Bartiromo co-hosted
the evening.
Mohamed El-Erian saw off strong competition to pick up the £30,000 award, which was presented for the fourth
year running and aims to find the book that provides ‘the most compelling and enjoyable insight into modern
business issues.’ Each of the five runners-up also received a cheque for £5,000 and can expect a sharp upturn
in sales of their books.
Lionel Barber, Editor of the Financial Times, said: 'When Markets Collide brings together the world of modern finance
and macro-economics. It is lucid and prescient in its diagnosis of the present financial turmoil and offers
important prescriptions for the way forward. A worthy fourth winner for our annual book prize.'
Lloyd C. Blankfein, Chairman and Chief Executive Officer, Goldman Sachs, said: 'Mohamed El-Erian provides
invaluable context for the global financial crisis and does so in an extremely accessible and compelling way.
When Markets Collide deserves to be this year’s winner.'
The judging panel for the 2008 Award was:
Lionel Barber, Editor, Financial Times
Lloyd C. Blankfein, Chairman and Chief Executive Officer, The Goldman Sachs Group, Inc.
Professor Niall Ferguson, Academic, Author and Financial Historian
Mario Monti, President of Bocconi University, Milan and Former Competition Commissioner of the European Union
Helen Alexander, Senior Adviser, Bain Capital, Non-Executive Director of Rolls Royce and Centrica and Vice President CBI
Sung-Joo Kim, Chairperson & CEO of Sungjoo Group and MCM Group
In alphabetical order, the shortlist is:
A Splendid Exchange: How Trade Has Shaped the World from Prehistory to the Present
- William Bernstein (Atlantic Books)
Cold Steel: The Multi-billion-dollar Battle for a Global Industry
- Tim Bouquet & Byron Ousey (Little Brown Book Group)
McMafia: Crime Without Frontiers
- Misha Glenny (Random House)
Remix: Making Art and Commerce Thrive in the Hybrid Economy
- Lawrence Lessig (The Penguin Press)
The Snowball: Warren Buffett and the Business of Life
- Alice Schroeder (Bloomsbury Publishing)
When Markets Collide: Investment Strategies for the Age of Global Economic Change
- Mohamed El-Erian (McGraw-Hill)
|
