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IMF official moonlights as author of 'financial terror' thriller

By Howard Schneider
As chief of the policy review division, Rex Ghosh spends his days at the International Monetary Fund thinking of ways to guard the world economy from a systemic meltdown.

So who better to narrate an account of how it could happen?

Ghosh is doing the rounds at bookstores these days, signing and discussing his novel, "19th St. NW," named for the joint location of the IMF and World Bank. Dubbed a story of "financial terror," it tells the tale of an attack on the world financial system and the folks at the fictional "IMFO" who defend against it.

It is not for the faint of heart --- not for the usual reasons, but because you'll need to consider exchange rate modeling kind of sexy.

Ghosh said he was working on the tale before the Great Recession, but the topic became so touchy that he originally published the book under the pseudonym Brett Wood.

That was in 2008, just as the economy teetered at the brink of systemic collapse. Given the events of the last two years, the novel "is probably more plausible today," Ghosh said.

By Howard Schneider  | October 7, 2010; 1:50 PM ET
Categories:  International Economics, International Monetary Fund, U.S. Economy  
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Next: Economic agenda: Friday, Oct. 8, 2010

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