Demons is Wright's Manual on Compliance in the Financial Services industry in the western world: how to set up and run a compliance department, how the investor can keep from being cheated, how the regulator needs to stay on top of frauds. Its title, Demons in the Financial World: How to Spot Them, is quite descriptive. The sub-title, Compliance, Conflict and Confusion in Corporate Governance is further helpful. This is the must-read in the modern world of cross-border cheats, liars, thieves and frauds, from Bernie Madoff to Earl Jones and Lehman Bros, SubPrime crises, illiquidity and asset-backed securities.