Edward Chancellor is the author of "Devil Take the Hindmost: A History of Financial Speculation" (1999), chosen as a New York Times "Notable Book of the Year," and ranked as one of six indispensable investment classics by Money magazine. He is also editor of "Capital Account: A Money Manager's Reports on a Turbulent Decade" (2004), a first-hand account of the speculative mania of the late 1990s and its aftermath. Edward's latest report, "Crunch Time for Credit?" was published in February 2005, and analyses recent developments in the credit markets. As well as being a former deputy US editor at breakingviews, he has written for The Economist, the Financial Times, the New York Times and the Wall Street Journal.