Author: Sabrina Stephens
Publisher: AuthorHouse
ISBN: 146852495X
Category :
Languages : en
Pages : 336
Book Description
Rita Miller, an experienced banker in the quaint town of Shallotte, North Carolina, is now employed by a "megabank" that acquired the community bank where she has spent her decade-long career. Resentful of corporate assimilation and suspicious of her new co-workers, Rita is thrust into the thankless position of budgeting for the bank office where she unwittingly uncovers an insidious pattern of crime that predates the merger and potentially involves old and new co-workers. As Rita and her best friends slowly piece the crime together, the fear of discovery turns deadly as the criminals desperately try to cover up and destroy evidence of their fraud. At the same time, a chance encounter with Ross Moore, the new bank's president, propels Rita into an intra-bank personal relationship she desires but has convinced herself is forbidden. As her perceptions of right and wrong, good and bad, and transparency and deception are challenged, Rita is forced to decide whether matters of the heart allow for forgiveness when the lines between them are blurred and trust is broken to protect the greater good. The story explores secrecy and confidentiality, honesty and forthrightness, and the resulting shades of gray that shape everyday decisions and interactions with friends, families and fellow employees.
Banker's Trust
Author: Sabrina Stephens
Publisher: AuthorHouse
ISBN: 146852495X
Category :
Languages : en
Pages : 336
Book Description
Rita Miller, an experienced banker in the quaint town of Shallotte, North Carolina, is now employed by a "megabank" that acquired the community bank where she has spent her decade-long career. Resentful of corporate assimilation and suspicious of her new co-workers, Rita is thrust into the thankless position of budgeting for the bank office where she unwittingly uncovers an insidious pattern of crime that predates the merger and potentially involves old and new co-workers. As Rita and her best friends slowly piece the crime together, the fear of discovery turns deadly as the criminals desperately try to cover up and destroy evidence of their fraud. At the same time, a chance encounter with Ross Moore, the new bank's president, propels Rita into an intra-bank personal relationship she desires but has convinced herself is forbidden. As her perceptions of right and wrong, good and bad, and transparency and deception are challenged, Rita is forced to decide whether matters of the heart allow for forgiveness when the lines between them are blurred and trust is broken to protect the greater good. The story explores secrecy and confidentiality, honesty and forthrightness, and the resulting shades of gray that shape everyday decisions and interactions with friends, families and fellow employees.
Publisher: AuthorHouse
ISBN: 146852495X
Category :
Languages : en
Pages : 336
Book Description
Rita Miller, an experienced banker in the quaint town of Shallotte, North Carolina, is now employed by a "megabank" that acquired the community bank where she has spent her decade-long career. Resentful of corporate assimilation and suspicious of her new co-workers, Rita is thrust into the thankless position of budgeting for the bank office where she unwittingly uncovers an insidious pattern of crime that predates the merger and potentially involves old and new co-workers. As Rita and her best friends slowly piece the crime together, the fear of discovery turns deadly as the criminals desperately try to cover up and destroy evidence of their fraud. At the same time, a chance encounter with Ross Moore, the new bank's president, propels Rita into an intra-bank personal relationship she desires but has convinced herself is forbidden. As her perceptions of right and wrong, good and bad, and transparency and deception are challenged, Rita is forced to decide whether matters of the heart allow for forgiveness when the lines between them are blurred and trust is broken to protect the greater good. The story explores secrecy and confidentiality, honesty and forthrightness, and the resulting shades of gray that shape everyday decisions and interactions with friends, families and fellow employees.
Trust Me, I'm a Banker
Author: David Charters
Publisher: Macmillan
ISBN: 0312604378
Category : Fiction
Languages : en
Pages : 337
Book Description
"This book was originally published in two volumes in Great Britain under the titles At bonus time, no one can hear you scream and Trust me, I'm a banker by Elliot and Thompson Limited"--T.p. verso.
Publisher: Macmillan
ISBN: 0312604378
Category : Fiction
Languages : en
Pages : 337
Book Description
"This book was originally published in two volumes in Great Britain under the titles At bonus time, no one can hear you scream and Trust me, I'm a banker by Elliot and Thompson Limited"--T.p. verso.
Banking and Currency and the Money Trust
Author: Charles August Lindbergh
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 328
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 328
Book Description
Global Derivative Debacles: From Theory To Malpractice
Author: Laurent L Jacque
Publisher: World Scientific
ISBN: 9814338451
Category : Business & Economics
Languages : en
Pages : 337
Book Description
This book analyzes in depth all major derivatives debacles of the last half century including the multi-billion losses and/or bankruptcy of Metallgesellschaft (1994), Barings Bank (1995), Long Term Capital Management (1998), Amaranth (2006), Société Générale (2008) and AIG (2008). It unlocks the secrets of derivatives by telling the stories of institutions which played in the derivative market and lost big. For some of these unfortunate organizations it was daring but flawed financial engineering which brought them havoc. For others it was unbridled speculation perpetrated by rogue traders whose unchecked fraud brought their house down.Should derivatives be feared “as financial weapons of mass destruction” or hailed as financial innovations which through efficient risk transfer are truly adding to the Wealth of Nations? By presenting a factual analysis of how the malpractice of derivatives played havoc with derivative end-user and dealer institutions, a case is made for vigilance not only to market and counter-party risk but also operational risk in their use for risk management and proprietary trading. Clear and recurring lessons across the different stories call not only for a tighter but also “smarter” control system of derivatives trading and should be of immediate interest to financial managers, bankers, traders, auditors and regulators who are directly or indirectly exposed to financial derivatives.The book groups cases by derivative category, starting with the simplest and building up to the most complex — namely, Forwards, Futures, Options and Swaps in that order, with applications in commodities, foreign exchange, stock indices and interest rates. Each chapter deals with one derivative debacle, providing a rigorous and comprehensive but non-technical elucidation of what happened.The book is translated and available in French, Russian, Simplified Chinese and Korean.
Publisher: World Scientific
ISBN: 9814338451
Category : Business & Economics
Languages : en
Pages : 337
Book Description
This book analyzes in depth all major derivatives debacles of the last half century including the multi-billion losses and/or bankruptcy of Metallgesellschaft (1994), Barings Bank (1995), Long Term Capital Management (1998), Amaranth (2006), Société Générale (2008) and AIG (2008). It unlocks the secrets of derivatives by telling the stories of institutions which played in the derivative market and lost big. For some of these unfortunate organizations it was daring but flawed financial engineering which brought them havoc. For others it was unbridled speculation perpetrated by rogue traders whose unchecked fraud brought their house down.Should derivatives be feared “as financial weapons of mass destruction” or hailed as financial innovations which through efficient risk transfer are truly adding to the Wealth of Nations? By presenting a factual analysis of how the malpractice of derivatives played havoc with derivative end-user and dealer institutions, a case is made for vigilance not only to market and counter-party risk but also operational risk in their use for risk management and proprietary trading. Clear and recurring lessons across the different stories call not only for a tighter but also “smarter” control system of derivatives trading and should be of immediate interest to financial managers, bankers, traders, auditors and regulators who are directly or indirectly exposed to financial derivatives.The book groups cases by derivative category, starting with the simplest and building up to the most complex — namely, Forwards, Futures, Options and Swaps in that order, with applications in commodities, foreign exchange, stock indices and interest rates. Each chapter deals with one derivative debacle, providing a rigorous and comprehensive but non-technical elucidation of what happened.The book is translated and available in French, Russian, Simplified Chinese and Korean.
Trust in Troubled Times
Author: Brett Sheehan
Publisher: Harvard University Press
ISBN: 9780674010802
Category : Business & Economics
Languages : en
Pages : 302
Book Description
This timely book traces the development of banking and paper money in republican Tianjin in order to explore the creation of social trust in financial institutions. Framing the study around Bian Baimei, a conscientious branch manager of the Bank of China, Brett Sheehan analyzes the actions of bankers, officials, and local elites as they tried to overcome political and financial crises and instill trust in the banking system. After early failures in promoting trust, government authority as a regulator of the financial system gradually increased, peaking in 1935, when the state unified the money supply for the first time in several hundred years. Concurrently, when local elites proved unable to develop successful strategies to make people trust the system, their influence declined. The need for trust in increasingly complex financial arrangements redefined state-society relations, simultaneously enhancing state power and creating new constraints on the actions of both elites and governments. Trust in Troubled Times is a valuable new perspective on the economic, social, and political history of modern China.
Publisher: Harvard University Press
ISBN: 9780674010802
Category : Business & Economics
Languages : en
Pages : 302
Book Description
This timely book traces the development of banking and paper money in republican Tianjin in order to explore the creation of social trust in financial institutions. Framing the study around Bian Baimei, a conscientious branch manager of the Bank of China, Brett Sheehan analyzes the actions of bankers, officials, and local elites as they tried to overcome political and financial crises and instill trust in the banking system. After early failures in promoting trust, government authority as a regulator of the financial system gradually increased, peaking in 1935, when the state unified the money supply for the first time in several hundred years. Concurrently, when local elites proved unable to develop successful strategies to make people trust the system, their influence declined. The need for trust in increasingly complex financial arrangements redefined state-society relations, simultaneously enhancing state power and creating new constraints on the actions of both elites and governments. Trust in Troubled Times is a valuable new perspective on the economic, social, and political history of modern China.
Better Bankers, Better Banks
Author: Claire A. Hill
Publisher: University of Chicago Press
ISBN: 022629305X
Category : Business & Economics
Languages : en
Pages : 288
Book Description
Taking financial risks is an essential part of what banks do, but there’s no clear sense of what constitutes responsible risk. Taking legal risks seems to have become part of what banks do as well. Since the financial crisis, Congress has passed copious amounts of legislation aimed at curbing banks’ risky behavior. Lawsuits against large banks have cost them billions. Yet bad behavior continues to plague the industry. Why isn’t there more change? In Better Bankers, Better Banks, Claire A. Hill and Richard W. Painter look back at the history of banking and show how the current culture of bad behavior—dramatized by the corrupt, cocaine-snorting bankers of The Wolf of Wall Street—came to be. In the early 1980s, banks went from partnerships whose partners had personal liability to corporations whose managers had no such liability and could take risks with other people’s money. A major reason bankers remain resistant to change, Hill and Painter argue, is that while banks have been faced with large fines, penalties, and legal fees—which have exceeded one hundred billion dollars since the onset of the crisis—the banks (which really means the banks’shareholders) have paid them, not the bankers themselves. The problem also extends well beyond the pursuit of profit to the issue of how success is defined within the banking industry, where highly paid bankers clamor for status and clients may regard as inevitable bankers who prioritize their own self-interest. While many solutions have been proposed, Hill and Painter show that a successful transformation of banker behavior must begin with the bankers themselves. Bankers must be personally liable from their own assets for some portion of the bank’s losses from excessive risk-taking and illegal behavior. This would instill a culture that discourages such behavior and in turn influence the sorts of behavior society celebrates or condemns. Despite many sensible proposals seeking to reign in excessive risk-taking, the continuing trajectory of scandals suggests that we’re far from ready to avert the next crisis. Better Bankers, Better Banks is a refreshing call for bankers to return to the idea that theirs is a noble profession.
Publisher: University of Chicago Press
ISBN: 022629305X
Category : Business & Economics
Languages : en
Pages : 288
Book Description
Taking financial risks is an essential part of what banks do, but there’s no clear sense of what constitutes responsible risk. Taking legal risks seems to have become part of what banks do as well. Since the financial crisis, Congress has passed copious amounts of legislation aimed at curbing banks’ risky behavior. Lawsuits against large banks have cost them billions. Yet bad behavior continues to plague the industry. Why isn’t there more change? In Better Bankers, Better Banks, Claire A. Hill and Richard W. Painter look back at the history of banking and show how the current culture of bad behavior—dramatized by the corrupt, cocaine-snorting bankers of The Wolf of Wall Street—came to be. In the early 1980s, banks went from partnerships whose partners had personal liability to corporations whose managers had no such liability and could take risks with other people’s money. A major reason bankers remain resistant to change, Hill and Painter argue, is that while banks have been faced with large fines, penalties, and legal fees—which have exceeded one hundred billion dollars since the onset of the crisis—the banks (which really means the banks’shareholders) have paid them, not the bankers themselves. The problem also extends well beyond the pursuit of profit to the issue of how success is defined within the banking industry, where highly paid bankers clamor for status and clients may regard as inevitable bankers who prioritize their own self-interest. While many solutions have been proposed, Hill and Painter show that a successful transformation of banker behavior must begin with the bankers themselves. Bankers must be personally liable from their own assets for some portion of the bank’s losses from excessive risk-taking and illegal behavior. This would instill a culture that discourages such behavior and in turn influence the sorts of behavior society celebrates or condemns. Despite many sensible proposals seeking to reign in excessive risk-taking, the continuing trajectory of scandals suggests that we’re far from ready to avert the next crisis. Better Bankers, Better Banks is a refreshing call for bankers to return to the idea that theirs is a noble profession.
Report
Author: New York (State) Chamber of Commerce of State of New York
Publisher:
ISBN:
Category :
Languages : en
Pages : 798
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 798
Book Description
Other People's Money
Author: Louis Dembitz Brandeis
Publisher: Binker North
ISBN:
Category : Business & Economics
Languages : en
Pages : 250
Book Description
The great monopoly in this country is money. So long as that exists, our old variety and individual energy of development are out of the question. A great industrial nation is controlled by its system of credit.
Publisher: Binker North
ISBN:
Category : Business & Economics
Languages : en
Pages : 250
Book Description
The great monopoly in this country is money. So long as that exists, our old variety and individual energy of development are out of the question. A great industrial nation is controlled by its system of credit.
The Bankers’ New Clothes
Author: Anat Admati
Publisher: Princeton University Press
ISBN: 0691251703
Category : Business & Economics
Languages : en
Pages : 624
Book Description
A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year Why our banking system is broken—and what we must do to fix it New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed—and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself.
Publisher: Princeton University Press
ISBN: 0691251703
Category : Business & Economics
Languages : en
Pages : 624
Book Description
A Wall Street Journal, Financial Times, and Bloomberg Businessweek Book of the Year Why our banking system is broken—and what we must do to fix it New bank failures have been a rude awakening for everyone who believed that the banking industry was reformed after the Global Financial Crisis—and that we’d never again have to choose between massive bailouts and financial havoc. The Bankers’ New Clothes uncovers just how little things have changed—and why banks are still so dangerous. Writing in clear language that anyone can understand, Anat Admati and Martin Hellwig debunk the false and misleading claims of bankers, regulators, politicians, academics, and others who oppose effective reform, and they explain how the banking system can be made safer and healthier. Thoroughly updated for a world where bank failures have made a dramatic return, this acclaimed and important book now features a new preface and four new chapters that expose the shortcomings of current policies and reveal how the dominance of banking even presents dangers to the rule of law and democracy itself.
Federal Reporter
Author:
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1106
Book Description
Publisher:
ISBN:
Category : Law reports, digests, etc
Languages : en
Pages : 1106
Book Description