Where Angels Prey
Ramesh Arunachalam, author
Where Angels Prey reveals the devastating truths that often lurk behind the good intentions of Wall Street’s interest in India’s poor. Loosely inspired by real life events in Andhra Pradesh, Arunachalam exposes the double-edged sword that emerges when no safeguards are put into place. While the rest of the world reels under a severe financial crisis, India’s microfinance sector enjoys an unprecedented boom. Why on earth are people investing such huge amounts of money in an obscure industry, especially at the time of global recession, and why is Wall Street suddenly so interested in India’s poor?