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A Weaponized World Economy with Henry Farrell and Abe Newman

The Lawfare Podcast

CHAPTER

Weaponizing the World Economy: The Role of Walter Riston and Citibank

This chapter explores the role of Walter Riston, the former CEO of Citibank, in weaponizing the world economy. It discusses Riston's belief in creating international networks for finance, trade, and information to disempower states but inadvertently making himself a target for state coercion. The chapter also delves into Riston's invention of the Certificate of Deposit and its impact on the emergence of the Eurodollar market.

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