The Seven Sins of Wall Street

The Seven Sins of Wall Street PDF Author: Bob Ivry
Publisher: Public Affairs
ISBN: 1610393651
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing—and should make us not just afraid but very afraid—are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travelers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street, like no other book, shows how we’re all affected by the financial industry’s inhumanity. The transgressions of “Wall Street titans” and “masters of the universe” are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain—a smokescreen of complexity and jargon that hide the bankers’ nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you’ll finish this book asking yourself how it is that so many of the nation’s leading financial institutions remain such exasperating problem children.

The Seven Sins of Wall Street

The Seven Sins of Wall Street PDF Author: Bob Ivry
Publisher: Public Affairs
ISBN: 1610393651
Category : Business & Economics
Languages : en
Pages : 306

Get Book Here

Book Description
We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing—and should make us not just afraid but very afraid—are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travelers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street, like no other book, shows how we’re all affected by the financial industry’s inhumanity. The transgressions of “Wall Street titans” and “masters of the universe” are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain—a smokescreen of complexity and jargon that hide the bankers’ nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you’ll finish this book asking yourself how it is that so many of the nation’s leading financial institutions remain such exasperating problem children.

The Seven Sins of Wall Street

The Seven Sins of Wall Street PDF Author: Bob Ivry
Publisher: PublicAffairs
ISBN: 161039366X
Category : Business & Economics
Languages : en
Pages : 306

Get Book Here

Book Description
We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing -- and should make us not just afraid but very afraid -- are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travelers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street, like no other book, shows how we're all affected by the financial industry's inhumanity. The transgressions of "Wall Street titans" and "masters of the universe" are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain -- a smokescreen of complexity and jargon that hide the bankers' nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you'll finish this book asking yourself how it is that so many of the nation's leading financial institutions remain such exasperating problem children.

13 Bankers

13 Bankers PDF Author: Simon Johnson
Publisher: Vintage
ISBN: 030747660X
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

Take on the Street

Take on the Street PDF Author: Arthur Levitt
Publisher: Vintage
ISBN: 0375422358
Category : Business & Economics
Languages : en
Pages : 459

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Book Description
In Take on the Street, Arthur Levitt--Chairman of the Securities and Exchange Commission for eight years under President Clinton--provides the best kind of insider information: the kind that can help honest, small investors protect themselves from the deliberately confusing ways of Wall Street. At a time when investor confidence in Wall Street and corporate America is at an historic low, when many are seriously questioning whether or not they should continue to invest, Levitt offers the benefits of his own experience, both on Wall Street and as its chief regulator. His straight talk about the ways of stockbrokers (they are salesmen, plain and simple), corporate financial statements (the truth is often hidden), mutual fund managers (remember who they really work for), and other aspects of the business will help to arm everyone with the tools they need to protect—and enhance—their financial future.

The Widow of Wall Street

The Widow of Wall Street PDF Author: Randy Susan Meyers
Publisher: Simon and Schuster
ISBN: 1501131370
Category : Fiction
Languages : en
Pages : 360

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Book Description
The seemingly blind love of a wife for her husband as he conquers Wall Street, and her extraordinary, perhaps foolish, loyalty during his precipitous fall, is expertly explored in this “ripped-from-the-headlines story about love, ambition, and forgiveness” (PopSugar)—perfect for fans of the TV show Billions. Phoebe recognizes fire in Jake Pierce’s belly from the moment they meet as teenagers. After they marry and he creates a financial dynasty, she trusts him without hesitation—unaware his hunger for success hides a dark talent for deception. But when Phoebe learns her husband’s triumph and vast reach rests on an elaborate Ponzi scheme, her world unravels. While Jake is trapped in the web of his deceit, Phoebe is caught facing an unbearable choice. Her children refuse to see her if she remains at their father’s side, but abandoning him feels cruel and impossible. From penthouse to prison, with tragic consequences rippling well beyond Wall Street, Randy Susan Meyers’s latest novel exposes a woman struggling to survive and then redefine her life as her world crumbles. “An engrossing emotional journey” (Kirkus Reviews) and USA TODAY bestselling author Diane Chamberlain raves, “With all the suspense of a thriller, The Widow of Wall Street quickly pulled me into the story and didn’t let me go until the last page.”

Brazen: Big Banks, Swap Mania And The Fallout

Brazen: Big Banks, Swap Mania And The Fallout PDF Author: A Rashad Abdel-khalik
Publisher: World Scientific
ISBN: 9813275588
Category : Business & Economics
Languages : en
Pages : 552

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Book Description
For nearly two decades, countless non-profits in the U.S. were forced to pay big banks enormous sums of money to settle or terminate bilateral contracts known as Interest Rate Swaps (IRSs). Officials at non-profits had entered into these costly contracts unaware that each contract has only one winner, and that big banks did not intend to be the losers.The effects of such monetary transfers have been catastrophic. Money-strapped non-profits had to dismiss schoolteachers, shut off water supply to thousands of poor households, and downsize many other essential public services. Local and state governments, public school districts, universities, hospitals and transit authorities from New York to Los Angeles have been among the largest hit.This book presents selected cases and highlights the lack of evidence that decision makers at non-profits had fully understood the terms and complexities of IRSs. The evident unequal bargaining power thus gives rise to the high likelihood of unconscionable contracting. Additionally, for terminating these contracts, big banks collected huge sums of money for services that had not been, and will never be, rendered. Accordingly, questions arise as to whether these termination payments are tantamount to unjust enrichment.Related Link(s)

Strategic Management

Strategic Management PDF Author: John A. Parnell
Publisher: SAGE
ISBN: 1452234981
Category : Business & Economics
Languages : en
Pages : 665

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Book Description
The book is designed to be the primary reader in the capstone strategic management course. It can be used in undergraduate or graduate courses, although the style fits the undergraduate market best. Its distinctive features include: Positioned between theory and practice Text concepts are aligned with 25 case analysis steps; no separate section on "how to analyze a case" Very readable; appropriate for undergraduate or graduate courses, although other readings, cases, simulations, etc. are typically required at the graduate level Global orientation Real time cases Numerous current examples, largely drawn from the Wall Street Journal and Financial Times 3e has already been updated considerably Options for changes in an upcoming edition include cases (real time and/or traditional), providing ongoing updates or commentaries to adopters, and current issue debate boxes in the chapters

The Seven Fatal Management Sins

The Seven Fatal Management Sins PDF Author: John W. Collis
Publisher: CRC Press
ISBN: 9781574440157
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
The Seven Fatal Management Sins is a candid, yet optimistic, assessment of the performance of today's managers. By looking at the responses of presidents and CEOs of Fortune 500 companies, directors of various corporate boards, business school deans, business school professors, union presidents, business news editors and other managers, this book identifies the seven fatal management sins and suggests bold new ways for managers to avoid them.

Philosophy of International Law

Philosophy of International Law PDF Author: Anthony Carty
Publisher: Edinburgh University Press
ISBN: 0748675531
Category : Law
Languages : en
Pages : 361

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Book Description
Discover how philosophy is essential to the creation, development, application and study of international lawNew for this editionUpdated to cover recent developments in international law, including the 2008 world financial crisis and its effect on international economic and financial law, and the Obama administrations approach to international law in the war on terror Each chapter includes suggestions for further reading, including the most current sources from 2016Anthony Carty tracks the development of the foundations of the philosophies of international law, covering the natural, analytical, positivist, realist and postmodern legal traditions. You'll learn how these approaches were first conceived and how they shape the network of relationships between the signatories of international law.Key featuresExplores four areas: contemporary uncertainties; personality in international law; the existence of states and the use of force; and international economic/financial lawThe historical introduction gives you an overview of the development of the philosophy of international law, from late-scholastic natural law to the gradual dominance of legal positivism, and to the renewed importance of natural law theory in legal philosophy todayRevises the agenda for international lawyers: from internal concerns with the discipline itself outwards to the challenges of international society

Agenda for a New Economy

Agenda for a New Economy PDF Author: David C. Korten
Publisher: Berrett-Koehler Publishers
ISBN: 1605093769
Category : Business & Economics
Languages : en
Pages : 332

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Book Description
Nearly two years after the economic meltdown, joblessness and foreclosures are still endemic, Wall Street executives are once again getting massive bonuses, and our leaders in Washington lack the will to make desperately needed fundamental changes to the economy. Change will have to come from below. Agenda for a New Economy is the handbook for that revolution. In this revised and updated edition David Korten has fleshed out his vision of the alternative to the corporate Wall Street economy: a Main Street economy based on locally owned, community-oriented “living enterprises” whose success is measured as much by their positive impact on people and the environment as by their positive balance sheet. We will lose nothing in the process because, as Korten ably demonstrates, the supposed services Wall Street offers are simply a con game. And Korten now offers more in-depth advice on how to mount a grassroots campaign to bring about an economy based on shared prosperity, ecological stewardship, and citizen democracy.