Global Financial Warriors: The Untold Story of International Finance in the Post 9/11 World
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About the Book: The financial front in the war on terror is one of the least reported yet one of the most successful and important parts of the war effort. John Taylor was on a diplomatic mission to Japan when the attacks of September 11th occurred and just months into a new job at the U.S. Treasury. As he returned to America that day via military transport, he soon realized his work and his life had changed utterly. In this intimate look into the days, weeks, and years that followed 9/11, Taylor takes readers inside the White House situation room, the meetings of the G7 finance ministers, and to cities around the world in a tour of the crises and successes that defined this pivotal time for the financial war on terror. Over a period of four years as head of Treasury’s international finance division, Taylor coordinated global freezes and tracking of terrorist assets, planned the financial reconstruction of Afghanistan and oversaw the creation of a new Iraqi currency and central bank and the cancellation of 80% of Iraq’s national debt. In addition to these projects made necessary by a renewed urgency in the fight against terrorism, Taylor also masterminded a plan to cancel 100 % of poor country debt, helped reform the International Monetary Fund and the World Bank, prevented Argentina’s debt default from sending the global economy into a tailspin, and implemented an international currency strategy that helped end the dollar peg in China and the decade long slump in Japan. As a window into a remarkable series of policy successes, Global Financial Warriors is an invaluable leadership primer on policy development and operational strategies for managers. But more than that, Taylor’s story is a testament to the ingenuity and determination of a group of people at the front lines of the financial war on terror. |
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This site was last updated 08/28/08