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Author: Everest Media,
Publisher: Everest Media LLC
ISBN: 166939204X
Category : Business & Economics
Languages : en
Pages : 54
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Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 Jay Powell, who would later become the chairman of the Federal Reserve, was born in Washington D. C. in 1945. His family were among the first Catholics to join the prestigious Chevy Chase Club, where his father was president. He learned from his father how to measure his words carefully. #2 Brady, who had been Reagan's secretary of the Treasury, hired Powell to be his assistant secretary. Powell then called up his old Wall Street law firm, Davis Polk Wardwell, and asked for a hardworking assistant. They recommended a thirty-three-year-old Ivy League lawyer named Randal Quarles. #3 In early 1991, Powell was tasked with dealing with the Bank of New England, a regional bank on the brink of failure as a result of the recent collapse of the commercial and residential real-estate markets. The immediate stakes were not catastrophic, but the basic questions were the same as when a Citigroup or Lehman Brothers was courting insolvency: should the government let market forces wash away poorly managed institutions. #4 In 1991, Powell was tasked with deciding the fate of Wall Street giant Salomon Brothers. The company had been cornering the market for two-year Treasury notes, which they could then force dealers to buy back from them at higher prices.
Author: Everest Media,
Publisher: Everest Media LLC
ISBN: 166939204X
Category : Business & Economics
Languages : en
Pages : 54
Get Book Here
Book Description
Please note: This is a companion version & not the original book. Sample Book Insights: #1 Jay Powell, who would later become the chairman of the Federal Reserve, was born in Washington D. C. in 1945. His family were among the first Catholics to join the prestigious Chevy Chase Club, where his father was president. He learned from his father how to measure his words carefully. #2 Brady, who had been Reagan's secretary of the Treasury, hired Powell to be his assistant secretary. Powell then called up his old Wall Street law firm, Davis Polk Wardwell, and asked for a hardworking assistant. They recommended a thirty-three-year-old Ivy League lawyer named Randal Quarles. #3 In early 1991, Powell was tasked with dealing with the Bank of New England, a regional bank on the brink of failure as a result of the recent collapse of the commercial and residential real-estate markets. The immediate stakes were not catastrophic, but the basic questions were the same as when a Citigroup or Lehman Brothers was courting insolvency: should the government let market forces wash away poorly managed institutions. #4 In 1991, Powell was tasked with deciding the fate of Wall Street giant Salomon Brothers. The company had been cornering the market for two-year Treasury notes, which they could then force dealers to buy back from them at higher prices.
Author: Nick Timiraos
Publisher: Hachette UK
ISBN: 0316273074
Category : Social Science
Languages : en
Pages : 331
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Book Description
The inside story, told with “insight, perspective, and stellar reporting,” of how an unassuming civil servant created trillions of dollars from thin air, combatted a public health crisis, and saved the American economy from a second Great Depression (Alan S. Blinder, former Vice Chair of the Federal Reserve). By February 2020, the U.S. economic expansion had become the longest on record. Unemployment was plumbing half-century lows. Stock markets soared to new highs. One month later, the public health battle against a deadly virus had pushed the economy into the equivalent of a medically induced coma. America’s workplaces—offices, shops, malls, and factories—shuttered. Many of the nation’s largest employers and tens of thousands of small businesses faced ruin. Over 22 million American jobs were lost. The extreme uncertainty led to some of the largest daily drops ever in the stock market. Nick Timiraos, the Wall Street Journal’s chief economics correspondent, draws on extensive interviews to detail the tense meetings, late night phone calls, and crucial video conferences behind the largest, swiftest U.S. economic policy response since World War II. Trillion Dollar Triage goes inside the Federal Reserve, one of the country’s most important and least understood institutions, to chronicle how its plainspoken chairman, Jay Powell, unleashed an unprecedented monetary barrage to keep the economy on life support. With the bleeding stemmed, the Fed faced a new challenge: How to nurture a recovery without unleashing an inflation-fueling, bubble-blowing money bomb? Trillion Dollar Triage is the definitive, gripping history of a creative and unprecedented battle to shield the American economy from the twin threats of a public health disaster and economic crisis. Economic theory and policy will never be the same.
Author: John Feffer
Publisher: Seven Stories Press
ISBN: 9781583226032
Category : History
Languages : en
Pages : 204
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Book Description
The Korean peninsula, divided for more than fifty years, is stuck in a time warp. Millions of troops face one another along the Demilitarized Zone separating communist North Korea and capitalist South Korea. In the early 1990s and again in 2002-2003, the United States and its allies have gone to the brink of war with North Korea. Misinterpretations and misunderstandings are fueling the crisis. "There is no country of comparable significance concerning which so many people are ignorant," American anthropologist Cornelius Osgood said of Korea some time ago. This ignorance may soon have fatal consequences. North Korea, South Korea is a short, accessible book about the history and political complexites of the Korean peninsula, one that explores practical alternatives to the current US policy: alternatives that build on the remarkable and historic path of reconciliation that North and South embarked on in the 1990s and that point the way to eventual reunification.
Author: Nick Arvin
Publisher: Anchor
ISBN: 0307277003
Category : Fiction
Languages : en
Pages : 194
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Book Description
George Tilson is an eighteen-year-old farm boy from Iowa. Enlisted in the Army during World War II and arriving in Normandy just after D-day, he is nicknamed Heck for his reluctance to swear. From summers of farm labor Heck is already strong. He knows how to accept orders and how to work uncomplainingly. But in combat Heck witnesses a kind of brutality unlike anything he could have imagined. Fear consumes his every thought and Heck soon realizes a terrible thing about himself: He is a coward. Possessed of this dark knowledge, Heck is then faced with an impossible task.
Author: Evelyn Sweet Hurd
Publisher: Evelyn Sweet-Hurd
ISBN: 9781432710583
Category : Biography & Autobiography
Languages : en
Pages : 260
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Book Description
A collection of letters written by Donn Sweet, the author's brother, from his deployment to Vietnam until his death in 1968, juxtaposed with commentary by the author.
Author: Harry Grey
Publisher: Buccaneer Books
ISBN: 9780899668857
Category :
Languages : en
Pages : 320
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Book Description
Author: Ronald L. McGlothlen
Publisher: W W Norton & Company Incorporated
ISBN: 9780393035209
Category : Asia
Languages : en
Pages : 320
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Book Description
Examines the role played by Secretary of State Dean Acheson in rebuilding Japan's economy and solidifying American power in the Pacific during the years of 1949-1952, and looks at the consequences
Author: David Ricketts
Publisher: Harriman House Limited
ISBN: 0857198661
Category : Business & Economics
Languages : en
Pages : 142
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Book Description
Neil Woodford was the UK’s most celebrated fund manager. Savers who invested £1,000 with him in 1988 saw their money increase to £25,000 over 25 years. At the peak of his career he was managing £33 billion for hundreds of thousands of investors. When he started his own fund management company in 2014, within just a few weeks it had attracted £5bn from his loyal fan base, including some of the City of London’s biggest hitters. Life was good. Away from work he was collecting high-performance supercars and chunky designer watches; he was rarely out of the saddle of his favourite horse. The BBC called him the “man who can’t stop making money”. And then it all came to a sudden stop. This book tells the dramatic untold story behind Woodford’s stunning rise and fall, and reveals why his multi-billion-pound investment empire really collapsed in such an abrupt and catastrophic manner. In a fast-moving and compelling narrative, reporter David Ricketts takes readers inside the rooms where extraordinary sums of other people’s money were wagered, trapped and, ultimately, lost, in a scandal still sending shockwaves through the world of finance. Thanks to unique and unprecedented access to the most important players, we meet an eccentric cast of characters and go inside the institutions involved, from Woodford’s own firm to those that made huge sums endorsing him – as well as those who failed to raise the alarm before it was too late.
Author: Carol Felsenthal
Publisher: Doubleday Books
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 392
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Book Description
Author: Henry Bamford Parkes
Publisher:
ISBN:
Category : Mexico
Languages : en
Pages : 428
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Book Description
