Paul Erdman

Paul Erdman
Born
Paul Emil Erdman

May 19, 1932
Stratford, Ontario, Canada
DiedApril 23, 2007 (aged 74)
Healdsburg, California, U.S.
Alma materGeorgetown University
University of Basel (Ph.D)

Paul Emil Erdman was a Canadian-born American economist and banker who became known for writing novels based on monetary trends and international finance.

Early life

Erdman was born in Stratford, Ontario, Canada, on 19 May 1932 to an American Lutheran minister and his wife.[1] He graduated from Concordia Seminary in 1954 receiving a bachelor of divinity degree, and from Georgetown University's School of Foreign Service.[2] He was an assistant editor of the editorial page at the Washington Post and worked in a brokerage house in Washington.[2] He received his PhD in economics, European history and theology from the University of Basel in Switzerland in 1958.[2] 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 SRI International in Menlo Park, California.[3]

Banking career

"the Swiss, who tried to block publication of his 1959 doctoral thesis at the University of Basel because it uncovered part of the story of Swiss banks and their Nazi clients."[4][5]

Charles E. Salik hired Erdman to help his tax-protected, Bermuda-based Electronics International Capital (EIC).[6] Salik and Richard Silberman were ousted from EIC by Jerome Kohlberg.[6] Salik then launched Salik Bank, a Swiss bank, and hired Erdman as president,[6] in 1965.[7] In 1969, First Interstate Bancorp bought a majority stake and renamed it the United California Bank in Basel.[7] The bank collapsed after taking large losses speculating in the cocoa market.[8][9][10] Erdman and other board members were accused of fraud and mismanagement. Erdman spent 10 months in solitary confinement without being charged before being released on a $133,000 bail bond in 1971.[11] Erdman skipped out on the bail[11] and flew to England, later returning to the United States. Several officers of the bank were convicted and served prison terms. Erdman was convicted and given a sentence of nine years in absentia.[12]

Writing career

During his time in prison, Erdman occupied his time by writing, on an Olivetti typewriter,[13] fiction, because he lacked research resources, including the first 60 pages of his novel, The Billion Dollar Sure Thing.[11][14] 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. His second novel, The Silver Bears (1974) was turned into a 1978 movie of nearly the same name, starring Michael Caine. His best-selling novels are credited with the invention of the "financial thriller" genre.[15] Additionally, the information in The Swiss Account is credited with providing a basis for helping track down the assets of Jewish victims of the Holocaust.[15]

Erdman became a founding financial columnist[16] for MarketWatch and regularly wrote financial columns.[17][18][19]

Erdman also wrote The New York Times book reviews.[20][21]

Erdman also wrote newspaper articles on professional football.[16]

He was a leading expert in the international economics field and published non-fictional works, such as Tug of War, which set out his views on exchange rates and the international financial system.

Personal life

Erdman was married to Helly Boeglin and they had two daughters.[22] After the collapse of the Swiss bank, they moved to England and later Northern California. Erdman died from cancer at his ranch in Healdsburg, California on April 23, 2007.[12]

Selected fictional works

  • The Billion Dollar Sure Thing (1973)
  • The Silver Bears (1974)
  • The Crash Of '79 (1976)
  • The Last Days Of America (1981)
  • The Panic Of '89 (1986)[23]
  • The Palace (1987)[24][25][26][27]
  • What's Next? (1988)
  • The Swiss Account (1992)[28]
  • Zero Coupon (1993)
  • The Set-up (1997)
  • The Great Game (2007)

Selected non-fictional works

  • Erdman, Paul (1984). Paul Erdman's Money Book: An Investor's Guide to Economics and Finance. Random House. ISBN 978-0-394-52482-5.
  • Erdman, Paul (1988). What's Next?: How to Prepare Yourself for the Crash of '89 and Profit in the 1990's. Doubleday. ISBN 978-0-385-24698-9.
  • Erdman, Paul (1996). Tug of War: Today's Global Currency Crisis. St. Martin's Press. ISBN 978-0-312-15899-6.

References

  1. ^ Obituary: Paul Erdman -- expert economist and prolific writer San Francisco Chronicle April 24, 2007
  2. ^ a b c McLellan, Dennis (27 April 2007). "Paul Erdman, 74; banker and economist known for writing financial thrillers". Los Angeles Times. Retrieved 1 March 2023.
  3. ^ "Paul E. Erdman" (PDF). SRI Alumni Association Newsletter. August 2007. Retrieved 2 March 2023. In 1954, Paul Erdman earned a BA from Concordia Seminary.
  4. ^ Malkin, Lawrence (9 November 1992). "Erdman's New Saga Targets an Old Nemesis - the Swiss". The New York Times. International Herald Tribune. Retrieved 2 March 2023.
  5. ^ Olson, Elizabeth (25 December 2002). "Book With Swastika Angers the Swiss". The New York Times. Retrieved 2 March 2023.
  6. ^ a b c Potter, Matt (May 3, 2007). "Richard T. Silberman tapped Paul Erdman for offshore activity". San Diego Reader. Retrieved 2 March 2023.
  7. ^ a b Smith, Adam (4 September 1972). "How My Swiss Bank Blew $40 Million And Went Broke". New York Magazine: 23–32.
  8. ^ "COCOA CORNER SEEN IN BASEL BANK LOSS". The New York Times. 24 September 1970. Retrieved 2 March 2023.
  9. ^ "Basel Bank's $30-Million Loss Attributed to Its Cocoa Trading". The New York Times. September 10, 1970. Retrieved 2 March 2023.
  10. ^ "Banking: Scandal in Basel". Time. 5 October 1970. Retrieved 2 March 2023.
  11. ^ a b c Allen, Henry (23 October 1979). "Paul Erdman, After the Crash". Washington Post. Retrieved 25 January 2018.
  12. ^ a b Fox, Margalit (25 April 2007). "Paul Erdman, 74, Author of Finance-Based Novels, Dies". New York Times. Retrieved 25 January 2018.
  13. ^ "Financial fiction writer Paul Erdman dies - UPI.com". UPI.com. Retrieved 2 March 2023.
  14. ^ Obituary: Paul Erdman - Economist and banker turned inventor of the 'fi-fi' thriller The Guardian June 8, 2007
  15. ^ a b Obituary: Paul Erdman - Banker, economist and writer who found fame by inventing a literary genre the financial thriller The Times April 30, 2007
  16. ^ a b "Economist Paul Erdman dies". Monterey Herald. 25 April 2007. Retrieved 2 March 2023.
  17. ^ "Former MarketWatch columnist Erdman dies". MarketWatch. Archived from the original on 18 September 2021. Retrieved 1 March 2023.
  18. ^ "MetroActive Books | Paul Erdman". bohemian.com. Retrieved 1 March 2023.
  19. ^ "Paul Erdman". North Bay Bohemian. 10 September 1998. Retrieved 1 March 2023.
  20. ^ Erdman, Paul (20 June 1982). "DIAMONDS ARE NOT FOREVER". The New York Times. Retrieved 2 March 2023. THE RISE AND FALL OF DIAMONDS The Shattering of a Brilliant Illusion. By Edward Jay Epstein.
  21. ^ Erdman, Paul (7 July 1985). "ELDONOMICS CONQUERS ALL". The New York Times. Retrieved 2 March 2023. HARD MONEY By Michael M. Thomas.
  22. ^ "Healdsburg resident turned economics career into best-selling books". Santa Rosa Press Democrat. 24 April 2007. Retrieved 1 March 2023.
  23. ^ "Books by Paul Emil Erdman and Complete Book Reviews". Publishers Weekly. Retrieved 2 March 2023.
  24. ^ Levy, Francis (25 March 1979). "Why Hollywood Still Goes by the Book". The New York Times. Retrieved 2 March 2023.
  25. ^ Harmetz, Aljean (15 February 1979). "Novel and Screenplay to Be Written at Same Time". The New York Times. Retrieved 2 March 2023.
  26. ^ Allen, Henry (23 October 1979). "Paul Erdman, After the Crash". Washington Post. Retrieved 2 March 2023.
  27. ^ "Meryl Streep pauses for family matters". The New York Times. 24 August 1979. Retrieved 2 March 2023.
  28. ^ "THE SWISS ACCOUNT". Kirkus Reviews. Retrieved 2 March 2023.

Read other articles:

Buletin Indonesia

Artikel ini tidak memiliki referensi atau sumber tepercaya sehingga isinya tidak bisa dipastikan. Tolong bantu perbaiki artikel ini dengan menambahkan referensi yang layak. Tulisan tanpa sumber dapat dipertanyakan dan dihapus sewaktu-waktu.Cari sumber: Buletin Indonesia – berita · surat kabar · buku · cendekiawan · JSTOR Buletin IndonesiaGenreProgram beritaPresenterLihat Daftar penyiar GTVNegara asalIndonesiaBahasa asliBahasa IndonesiaRilis asliJaringa...

 

 

BMW X3 (E83)

BMW X3 (E83)InformasiProdusenBMWMasa produksi2003–2010Perakitan6th of October City, Mesir (BAG)[1]Graz, Austria (Magna Steyr)Kaliningrad, Rusia (Avtotor)[2]Bodi & rangkaKelasSUV Kompak eksekutifBentuk kerangka4-door SUVTata letakMesin depan, AWDMobil terkaitBMW Seri 3Penyalur dayaMesin3.0L 260 hp (190 kW) I6Transmisi6-speed automatic and manualDimensiJarak sumbu roda2.795 mm (110,0 in)Panjang2004-08: 1.797 in (45.644 mm) 2009-10: 4.570&...

 

 

Keuskupan Agung Bologna

Keuskupan Agung BolognaArchidioecesis BononiensisArcidiocesi di BolognaPemandangan udara Katedral Bologna.LokasiNegaraItaliaStatistikLuas3.549 km2 (1.370 sq mi)Populasi- Total- Katolik(per 2006)964.733936,093 (97.0%)Paroki414 (14 deaneri)Imam431InformasiRitusRitus LatinPendirianKeuskupan pada abad ke-3, Keuskupan agung pada 1582KatedralKatedral BolognaPelindungSanto PetroniusKepemimpinan kiniPausFransiskusUskup agungMatteo ZuppiVikaris jenderalGiovanni Silva...

Expo 2017

International exposition in Kazakhstan This article is about the international exposition. For the Canadian non-profit organization, see Expo 17. This article uses bare URLs, which are uninformative and vulnerable to link rot. Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style. Several templates and tools are available to assist in formatting, such as reFill (documentation) and Citation bot (documentation). (Aug...

 

 

Exergy

Maximum energy available for use Available energy redirects here. For the concept in particle physics, see Available energy (particle collision). Exergy, often referred to as available energy or useful work potential, is a fundamental concept in the field of thermodynamics and engineering. It plays a crucial role in understanding and quantifying the quality of energy within a system and its potential to perform useful work. Exergy analysis has widespread applications in various fields, includ...

 

 

Madhyamvarg: The Middle Class

2014 Indian filmMadhyamvarg: The Middle ClassFirst Look Posterमध्यमवर्ग - द मिड्डल क्लासDirected byHarry FernandesProduced bySmt. Lakshmi Babaji Aanjarlekar Sanjay Gopal ChhabriaStarringSiddharth Jadhav Ravi Kishan Anant Jog Nayana Apte Sujata Joshi Kashmira Kulkarni Hemangi Kaaz Alan Fernandes Tanwi Gouri MehtaCinematographyShafeeq ShaikhMusic byGunvant Sen Salil AmruteRelease date 12 December 2014 (2014-12-12) Running time100 minutes...

Aníbal Paz

Aníbal Paz Nazionalità  Uruguay Calcio Ruolo Portiere Termine carriera 1953 Carriera Giovanili 1932-1937 Liverpool (M) Squadre di club1 1937 Bella Vista? (-?)1938-1953 Nacional471 (-?) Nazionale 1940-1950 Uruguay22 (-31)[1] Carriera da allenatore 1969 NacionalPortieri Palmarès  Mondiali di calcio Oro Brasile 1950  Campeonato Sudamericano de Football Argento Perù 1939 Argento Cile 1941 Oro Uruguay 1942 1 I due numeri indicano le presenze e l...

 

 

Israel pada Pesta Olahraga Asia

Israel padaPesta Olahraga AsiaKode IOCISRKONKomite Olimpiade IsraelMedali 18 16 19 Total 53 Penampilan pada Pesta Olahraga Asia (ringkasan)195419581962196619701974 Israel bertanding di Pesta Olahraga Asia sebanyak lima kali, dari tahun 1954 hingga 1974. Sejarah Israel, setelah pembentukannya pada tahun 1948 mulai mengajukan permohonan kepada Komite Olimpiade Internasional untuk menjadi anggota. Keanggotaannya diberikan pada tahun 1952, memungkinkan mereka untuk pertama kalinya berpartisipasi ...

 

 

ロバート・デ・ニーロ

ロバート・デ・ニーロRobert De Niro 2011年のデ・ニーロ生年月日 (1943-08-17) 1943年8月17日（80歳）出生地 アメリカ合衆国・ニューヨーク州ニューヨーク市身長 177 cm職業 俳優、映画監督、映画プロデューサージャンル 映画、テレビドラマ活動期間 1963年 -配偶者 ダイアン・アボット（1976年 - 1988年）グレイス・ハイタワー（1997年 - ）主な作品 『ミーン・ストリート』（1973年）...

Bolton and Undercliffe

Human settlement in EnglandBolton and Undercliffe2004 Boundaries of Bolton and Undercliffe WardBolton and UndercliffeLocation within West YorkshirePopulation16,365 2011 census[1]OS grid referenceSE175350Metropolitan boroughCity of BradfordMetropolitan countyWest YorkshireRegionYorkshire and the HumberCountryEnglandSovereign stateUnited KingdomPost townBRADFORDPostcode districtBD2Dialling code01274PoliceWest YorkshireFireWest YorkshireAmbulanceY...

 

 

Чайки

У этого термина существуют и другие значения, см. Чайки (значения). Чайки Доминиканская чайкаЗападная чайкаКалифорнийская чайкаМорская чайка Научная классификация Домен:ЭукариотыЦарство:ЖивотныеПодцарство:ЭуметазоиБез ранга:Двусторонне-симметричныеБез ранга:Вторич...

 

 

KAGL

Radio station in El Dorado, ArkansasKAGLEl Dorado, ArkansasBroadcast areaEl Dorado, ArkansasFrequency93.3 MHzBrandingThe Eagle 93ProgrammingFormatClassic rockOwnershipOwnerNoalmark Broadcasting CorporationSister stationsKDMS, KELD, KELD-FM, KIXB, KMLK, KMRX, KLBQ, KVMA, KVMZHistoryFirst air date1989; 35 years ago (1989)Former call signsKLTW (1989–1993)KISQ (1993–1997)Call sign meaningEagleTechnical information[1]Licensing authorityFCCFacility ID48949ClassC3ERP18,...

Військово-музичне управління Збройних сил України

Військово-музичне управління Збройних сил України Тип військове формуванняЗасновано 1992Країна  Україна Емблема управління Військово-музичне управління Збройних сил України — структурний підрозділ Генерального штабу Збройних сил України призначений для планува...

 

 

Protes global 15 Oktober 2011

Protes global 15 Oktober 2011Tanggal15 October 2011LokasiSeluruh duniaSebabKetidaksetaraan ekonomi, pengaruh perusahaan terhadap pemerintah, korupsi politikMetode Protes damai Ketidakpatuhan sipil Pendudukan Pencegahan Demonstrasi Aktivisme Internet Kerusuhan Penahanan/Korban lukaDitahan: 950+ Korban luka: 135+[1][2] Lokasi protes yang dihadiri lebih dari 1.000 orang Protes global 15 Oktober 2011 adalah bagian dari serangkaian protes yang terinspirasi oleh Musim Semi Arab, Ind...

 

 

Willy Millowitsch

Willy MillowitschMillowitsch in 1987Born8 January 1909Cologne, Rhine Province, Kingdom of Prussia, German EmpireDied20 September 1999(1999-09-20) (aged 90)Cologne, North Rhine-Westphalia, Germany Willy Millowitsch (German: [ˈvɪliː ˈmilovɪtʃ], Colognian: [ˈvɪli ˈmɪloˌvetʃ²]; 8 January 1909 – 20 September 1999) was a German stage and TV actor and the director of the Volkstheater Millowitsch in Cologne. Early life Millowitsch was born in Cologne, Rhine Pro...

Arizona Trail

US National Scenic Trail For the film, see Arizona Trail (film). Arizona TrailKentucky Camp, along the Arizona Trail in the Santa Rita Mountains.Length800 mi (1,300 km)LocationArizona, United StatesDesignationNational Scenic TrailTrailheadsCoronado National MemorialArizona–Utah borderUseHiking, horseback riding, mountain biking, cross-country skiingHighest pointSan Francisco Peaks (This point is on a proposed section of the trail), 9,600 ft (2,900 m)Lowest pointGila Rive...

 

 

Cultural depictions of Theodore Roosevelt

Theodore Roosevelt, the 26th President of the United States, has inspired numerous cultural works. This article is part of a series aboutTheodore Roosevelt Political positions Electoral history Early life Family The Naval War of 1812 Rough Riders Battle of San Juan Hill 1886 New York City mayoral election 33rd Governor of New York Governorship The Strenuous Life 25th Vice President of the United States 1900 McKinley-Roosevelt campaign Speak softly and carry a big stick 26th President of the ...

 

 

Muhaxhir

This article is about the social group in Albania. For other uses, see Muhajir (disambiguation). Muhaxhir and Muhaxher (plural: Muhaxhirë and Muhaxherë, meaning Muslim refugees in Albanian) are Ottoman Albanian communities that left their homes as refugees or were transferred, from Greece, Serbia and Montenegro to Albania, Kosovo and to a lesser extent North Macedonia during and following various wars. The term is used for Muslims (including Turks, Bosniaks, Circassians and Romani)[1 ...

Industry Baby

Industry BabySingel oleh Lil Nas X featuring Jack Harlowdari album MonteroDirilis23 Juli 2021 (2021-07-23)Genre Trap pop rap Durasi3:32LabelColumbiaPencipta Montero Hill Jackman Harlow Mark Williams Raul Cubina Roy Lenzo Denzel Baptiste David Biral Kanye West Nick Lee[1] Produser Take a Daytrip Kanye West Kronologi singel Lil Nas X Sun Goes Down (2021) Industry Baby (2021) Thats What I Want (2021) Kronologi singel Jack Harlow I Won(2021) Industry Baby(2021) SUVs (Black ...

 

 

Borough of Hove

District of East Sussex (1974–1997) Hove Town Hall Portslade HovePopulation • 198184,740 • 199290,400 History • Created1974 • Abolished1997 • Succeeded byBrighton and Hove Statusnon-metropolitan district, borough Hove was a non-metropolitan district with borough status of East Sussex, England. The district contained the unparished areas of Hove and Portslade-by-Sea. The population of the borough was recorded as 84,740 in 1981 ...