The Crash of '79
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The Crash of '79

3.57 of 5 stars 3.57  ·  rating details  ·  188 ratings  ·  16 reviews
The Crash of '79 is a book so real that its plot reads like today's headlines. The central figure is that world traveler, playboy, despot, and winter-sports enthusiast His Imperial Majesty the Shah of Iran, whose grandiose and megalomaniacal dreams, nurtured in secret and financed by oil money, engulf the lives of Erdman's characters, each of whom, unknowingly, is contribu...more
352 pages
Published 1977 by Secker & W (first published October 1st 1976)
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I read this book back in 1977, on a flight to Iran on a large 747 owned by Iran air. Little did I know, at the time, that book had been banned, by the very country I was about to call home for the next two years. The book was fascinating and I was entrapped with it the entire flight over. As my husband (at the time) and I were departing the plane, someone told us about the ban. I was able to hide the book in my lingerie, and was extremely lucky to not get caught with it. I do not regret reading...more
[A confession before I write review, I wish to admit that it kept lying on my shelf for about 1.5 years because I did not like the title. I thought this stuff had something to do with plane crash, until, I read back cover, last Saturday, when I was short listing novels to keep for my library. It lasted for three days, turned out well, as you will also witness in following lines – a good read but not for faint hearts]

The Crash of ’79 has everything from finance to banking, capital markets, foreig...more
Henri Moreaux
This book is primarily set in Saudi Arabia & Iran, although Switzerland, America & Europe also are featured. Written in 1976, and set in 1978-9 it is a little dated, the leader of Iran is the Shahanshah, Mohammad Rezā Shāh Pahlavī, so obviously it takes place in a world where there's been no Islamic Revolution, no Soviet invasion of Afghanistan, etc.

However if you're able to take this in your stride it is a gripping tale of high finance & international intrigue. At 350 pages it's a...more
Paul Erdman died in April 2007. He was a Canadian, educated as a Lutheran minister but graduated university with a degree in international business. He opened a small American bank in Switzerland. The bank failed. The Swiss imprisioned him. He wrote this book while in jail. He retired to the US after his release.

Interesting to read this story decades after he wrote it. Prophetic; it's all happened in the late 20 and into the 21st century.
عنوان فارسی "سقوط 79"
Gerald Kinro
I first read this book several decades ago. With the current economic crisis I had to do it again. A big player in Erdman’s crash is the Shah of Iran who is trying to build a nuclear arsenal of his own. Also involved are Italy’s approaching bankruptcy, Real Estate Investment Trusts (a form of mortgage-backed security), oil, and the finance and banking industries. Then war. Then the Shah gets deposed (or disposed of) in a way much different from how it actually happened. Then the crash.

Today, the...more
Nasser Hadjloo
این کتاب رو هم فارسیش رو خوندم یک کتاب خیلی قطور که فکر کنم حدود دوهزار صفحه بود

کتاب بصورت یک قصه غیر واقعی نوشته شده و مربوط میشه به سقوط محمدرضا شاه پهلوی

رمان نویس توضیح میده که محمدرضا شاه به قدرت اول منطقه تبدیل میشه و به کشورهای همسایه مثل عربستان حمله میکنه و اونها رو اشغال میکنه و بعد در اوج اقتدار غربی ها از ترس اینکه قدرت بیشتری بگیره زیرابش رو میزنن و شاه سقوط میکنه

کته جالب اینه که با اینکه در ارتباط با سقوط شاه نوشته شده ولی خود کتاب قبل از سقوط شاه و واقعا در اوج قدرتش نوشته شده و به...more
Paul Erdman was a financial thriller writer in the 70s and I remembered this book as setting out a wild premise about the demise of our financial systems. Given the world's current economic adventures I wanted to re-read it, so got an out-of-print copy from Amazon. While some of the circumstances have changed in ways Erdman could not forsee (the Shah of Iran, for example), overall it holds up awfully well and illustrates some forseeable issues about banking oversight and excesses. A quick read -...more
Had somehow never heard of Paul Erdman, 1970s master of "fi-fi," until I read his obit in the New York Times. Fi-fi, or financial thriller fiction, seems to be a lost art with much of the current crop dull as toast. Erdman's spare writing style and knowledge of the subject -- he was a former international banker -- suck you in. The Crash of '79 seems not only utterly plausible but maybe even more plausible today with the price of oil sky high again. Worth finding a used copy or getting from your...more
My 2nd financial thriller. A captivating read. Re-read it in 2010 along with lot of other GFC books - sometimes reality is more bizarre than fiction
Dated (obviously), but held up pretty well. Over-the-top at times. A modern day comparative might be something by Stephen Frey.
Mohamed Awada
Had we been living in the mid 70s, I would have considered this book to be telling the future. It is that realistic.
more information about the manipulations of oil and the struggle for power of the Suadis
a tangling plot runs fast yet nicley flows..

surely a good read.

thats a wonderfull book, read it if not read it till now!!!
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