Paul Erdman, 74, Author of Finance-Based Novels, Dies

Paul E. Erdman, a writer of best-selling novels of financial intrigue who began his literary career in the comfort of a Swiss jail, where he was being held in connection with the collapse of the Swiss bank he ran, died on Monday at his ranch in Healdsburg, Calif. He was 74.

The cause was cancer, his family said.

An economist and former Lutheran seminarian, Mr. Erdman was widely regarded as having popularized financial fiction, a genre he affectionately called fi-fi. Among his best-known novels are “The Billion Dollar Sure Thing,” “The Crash of 79” and “The Panic of ’89.”
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