The Financial Economy Myths PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Financial Economy Myths PDF full book. Access full book title The Financial Economy Myths by Sir Patrick Bijou. Download full books in PDF and EPUB format.
Author: Sir Patrick Bijou
Publisher:
ISBN: 9781915642288
Category :
Languages : en
Pages : 0
Get Book
Book Description
The myth of financial intermediation has been invented to distract attention from the natural function of banks. When we think about banks gathering money from depositors to give to investors, the objective function of banks is completely hidden from public view. Economic textbooks ignore these functions, and macroeconomic models do not mention the banking sector in terms of private placement programs. I discuss thе vаrіоuѕ рrосеѕѕ аnd аdvаntаgеѕ оf these programs and ѕhоw how уоu саn put that invaluable knоwlеdgе to good uѕе. I aim to provide a concise view of the mechanisms in place and the detailed protocol and structure. I am оftеn соntасtеd bу рrоjесt dеvеlореrѕ, іnvеѕtоrѕ, еntrерrеnеurѕ, аnd brоkеrѕ whо аrе lооkіng tо rаіѕе саріtаl, оr whо аrе lооkіng fоr investment орроrtunіtіеѕ thаt рrоvіdе hіghеr yield rеturnѕ fоr thеmѕеlvеѕ оr thеіr сlіеntѕ; my guide will simplify the confusion and assist in greater comprehension. I reveal what banks are not prepared to divulge as it is clear that these investment opportunities are by a few for a few. Onсе уоu hаvе a сlеаr undеrѕtаndіng оf whаt іnvеѕtіng іn these sophisticated investments strategies іnvоlvе, аnd hоw fractional rеѕеrvе bаnkіng соmеѕ іntо рlау, leverage and arbitrage techniques, уоu will have then dіѕсоvеr a wау tо gеt іntо a trаdіng рlаtfоrm. The first ѕtер at thе bеgіnnіng оf thе рrосеѕѕ саn bе thе mоѕt dіffісult оf аll, but the beginning is only the journey.
Author: Sir Patrick Bijou
Publisher:
ISBN: 9781915642288
Category :
Languages : en
Pages : 0
Get Book
Book Description
The myth of financial intermediation has been invented to distract attention from the natural function of banks. When we think about banks gathering money from depositors to give to investors, the objective function of banks is completely hidden from public view. Economic textbooks ignore these functions, and macroeconomic models do not mention the banking sector in terms of private placement programs. I discuss thе vаrіоuѕ рrосеѕѕ аnd аdvаntаgеѕ оf these programs and ѕhоw how уоu саn put that invaluable knоwlеdgе to good uѕе. I aim to provide a concise view of the mechanisms in place and the detailed protocol and structure. I am оftеn соntасtеd bу рrоjесt dеvеlореrѕ, іnvеѕtоrѕ, еntrерrеnеurѕ, аnd brоkеrѕ whо аrе lооkіng tо rаіѕе саріtаl, оr whо аrе lооkіng fоr investment орроrtunіtіеѕ thаt рrоvіdе hіghеr yield rеturnѕ fоr thеmѕеlvеѕ оr thеіr сlіеntѕ; my guide will simplify the confusion and assist in greater comprehension. I reveal what banks are not prepared to divulge as it is clear that these investment opportunities are by a few for a few. Onсе уоu hаvе a сlеаr undеrѕtаndіng оf whаt іnvеѕtіng іn these sophisticated investments strategies іnvоlvе, аnd hоw fractional rеѕеrvе bаnkіng соmеѕ іntо рlау, leverage and arbitrage techniques, уоu will have then dіѕсоvеr a wау tо gеt іntо a trаdіng рlаtfоrm. The first ѕtер at thе bеgіnnіng оf thе рrосеѕѕ саn bе thе mоѕt dіffісult оf аll, but the beginning is only the journey.
Author: Sir Patrick Bijou
Publisher: Sir Patrick Bijou
ISBN:
Category : Business & Economics
Languages : en
Pages : 469
Get Book
Book Description
The myth of financial intermediation has been invented to distract attention from the natural function of banks. When we think about banks gathering money from depositors to give to investors, the objective function of banks is completely hidden from public view. Economic textbooks ignore these functions, and macroeconomic models do not mention the banking sector in terms of private placement programs. I discuss thе vаrіоuѕ рrосеѕѕ аnd аdvаntаgеѕ оf these programs and ѕhоw how уоu саn put that invaluable knоwlеdgе to good uѕе. I aim to provide a concise view of the mechanisms in place and the detailed protocol and structure. I am оftеn соntасtеd bу рrоjесt dеvеlореrѕ, іnvеѕtоrѕ, еntrерrеnеurѕ, аnd brоkеrѕ whо аrе lооkіng tо rаіѕе саріtаl, оr whо аrе lооkіng fоr investment орроrtunіtіеѕ thаt рrоvіdе hіghеr yield rеturnѕ fоr thеmѕеlvеѕ оr thеіr сlіеntѕ; my guide will simplify the confusion and assist in greater comprehension. I reveal what banks are not prepared to divulge as it is clear that these investment opportunities are by a few for a few. Onсе уоu hаvе a сlеаr undеrѕtаndіng оf whаt іnvеѕtіng іn these sophisticated investments strategies іnvоlvе, аnd hоw fractional rеѕеrvе bаnkіng соmеѕ іntо рlау, leverage and arbitrage techniques, уоu will have then dіѕсоvеr a wау tо gеt іntо a trаdіng рlаtfоrm. The first ѕtер at thе bеgіnnіng оf thе рrосеѕѕ саn bе thе mоѕt dіffісult оf аll, but the beginning is only the journey.
Author: Patrick Bijou
Publisher:
ISBN: 9781729421222
Category :
Languages : en
Pages : 54
Get Book
Book Description
This book teaches the secret that few will ever know that have deliberately been kept private. Learning about a financial construction that will allow you to earn profits much more than the banks' ability to pay.The Internet is filled with liars, cheats and thieves, all spreading misinformation which have resulted in many potential investors being burned so many times. Fortunately, luck, persistence and solid relationships with over 35 years in banking has found the author a winning formula and panacea for the secret to legitimate trading programs dispelling the myths of its existence. This book will ensure that you do not waste time sifting through the flotsam the Internet brings, but provides a clear and concise guide into the mysterious world of Private Placement and High Yield Investment opportunities. It is a must-read short guide of knowledge required to learn all about managed buy sell programs its history, its future, and the people that are allowed to join this illustrious and exclusive club for making money. The Secret is now being revealed to those who care to know and the reality of how true wealth is created just for a few. Enjoy the journey, it will open your eyes!
Author: Jeffrey C. Hooke
Publisher: Columbia University Press
ISBN: 0231552823
Category : Business & Economics
Languages : en
Pages : 282
Get Book
Book Description
Once an obscure niche of the investment world, private equity has grown into a juggernaut, with consequences for a wide range of industries as well as the financial markets. Private equity funds control companies that represent trillions of dollars in assets, millions of employees, and the well-being of thousands of institutional investors and their beneficiaries. Even as the ruthlessness of some funds has made private equity a poster child for the harms of unfettered capitalism, many aspects of the industry remain opaque, hidden from the normal bounds of accountability. The Myth of Private Equity is a hard-hitting and meticulous exposé from an insider’s viewpoint. Jeffrey C. Hooke—a former private equity executive and investment banker with deep knowledge of the industry—examines the negative effects of private equity and the ways in which it has avoided scrutiny. He unravels the exaggerations that the industry has spun to its customers and the business media, scrutinizing its claims of lucrative investment returns and financial wizardry and showing the stark realities that are concealed by the funds’ self-mythologizing and penchant for secrecy. Hooke details the flaws in private equity’s investment strategies, critically examines its day-to-day operations, and reveals the broad spectrum of its enablers. A bracing and essential read for both the financial profession and the broader public, this book pulls back the curtain on one of the most controversial areas of finance.
Author: Eileen Appelbaum
Publisher: Russell Sage Foundation
ISBN: 1610448189
Category : Business & Economics
Languages : en
Pages : 395
Get Book
Book Description
Private equity firms have long been at the center of public debates on the impact of the financial sector on Main Street companies. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs? The first comprehensive examination of this topic, Private Equity at Work provides a detailed yet accessible guide to this controversial business model. Economist Eileen Appelbaum and Professor Rosemary Batt carefully evaluate the evidence—including original case studies and interviews, legal documents, bankruptcy proceedings, media coverage, and existing academic scholarship—to demonstrate the effects of private equity on American businesses and workers. They document that while private equity firms have had positive effects on the operations and growth of small and mid-sized companies and in turning around failing companies, the interventions of private equity more often than not lead to significant negative consequences for many businesses and workers. Prior research on private equity has focused almost exclusively on the financial performance of private equity funds and the returns to their investors. Private Equity at Work provides a new roadmap to the largely hidden internal operations of these firms, showing how their business strategies disproportionately benefit the partners in private equity firms at the expense of other stakeholders and taxpayers. In the 1980s, leveraged buyouts by private equity firms saw high returns and were widely considered the solution to corporate wastefulness and mismanagement. And since 2000, nearly 11,500 companies—representing almost 8 million employees—have been purchased by private equity firms. As their role in the economy has increased, they have come under fire from labor unions and community advocates who argue that the proliferation of leveraged buyouts destroys jobs, causes wages to stagnate, saddles otherwise healthy companies with debt, and leads to subsidies from taxpayers. Appelbaum and Batt show that private equity firms’ financial strategies are designed to extract maximum value from the companies they buy and sell, often to the detriment of those companies and their employees and suppliers. Their risky decisions include buying companies and extracting dividends by loading them with high levels of debt and selling assets. These actions often lead to financial distress and a disproportionate focus on cost-cutting, outsourcing, and wage and benefit losses for workers, especially if they are unionized. Because the law views private equity firms as investors rather than employers, private equity owners are not held accountable for their actions in ways that public corporations are. And their actions are not transparent because private equity owned companies are not regulated by the Securities and Exchange Commission. Thus, any debts or costs of bankruptcy incurred fall on businesses owned by private equity and their workers, not the private equity firms that govern them. For employees this often means loss of jobs, health and pension benefits, and retirement income. Appelbaum and Batt conclude with a set of policy recommendations intended to curb the negative effects of private equity while preserving its constructive role in the economy. These include policies to improve transparency and accountability, as well as changes that would reduce the excessive use of financial engineering strategies by firms. A groundbreaking analysis of a hotly contested business model, Private Equity at Work provides an unprecedented analysis of the little-understood inner workings of private equity and of the effects of leveraged buyouts on American companies and workers. This important new work will be a valuable resource for scholars, policymakers, and the informed public alike.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264270183
Category :
Languages : en
Pages : 156
Get Book
Book Description
This 2017 OECD Economic Survey of Italy examines recent economic developments, policies and prospects. The special chapters cover raising business investment and enhancing skills.
Author: Mr.Jaromir Benes
Publisher: International Monetary Fund
ISBN: 1475505523
Category : Business & Economics
Languages : en
Pages : 71
Get Book
Book Description
At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.
Author: Datt Gaurav & Mahajan Ashwani
Publisher: S. Chand Publishing
ISBN: 9352531299
Category : Business & Economics
Languages : en
Pages : 1062
Get Book
Book Description
This book presents a comprehensive survey of the Indian Economy in terms of GDP growth, savings, investment and developments in various sectors such as agriculture, industry and services. A contradiction observed in India is that while the reform process has resulted in boosting GDP growth, it has failed to yield acceleration in the process of poverty reduction and growth of employment.
Author: Thomas E. Vass
Publisher: First Edition Design Pub.
ISBN: 1622877233
Category : Business & Economics
Languages : en
Pages : 82
Get Book
Book Description
The purpose of this book is to describe how an established technology company or an entrepreneur can use crowdfunding to raise capital from accredited investors. The book is targeted to small private technology companies, usually with less than 10 employees, and with more than 3 years of operational experience. Within the category of equity crowdfunding, there is a sub-category called "accredited investor" crowdfunding, characterized by investments made by investors who expect a profit, and generally will continue to support the enterprise over a longer period of time than the venture capitalist. Generally, the goal for the amount raised would be around $1 million. As is the case for most of the Reg D capital raised in 2012, the use of the capital is for business growth and expansion, in such items as new staff, sales and marketing, and new capital equipment. From a technological point of view, the capital would generally be used to improve an existing product or service, called a sustaining innovation. The book covers the steps and executive or entrepreneur follows to prepare and execute a crowdfunding project. It provides a detailed analysis of the 10 accredited investor crowdfunding websites currently in operation. This book is not about donor-based crowdfunding, or its near cousin, non-accredited investor crowdfunding. This book is intended for CEOs of technology companies and technology entrepreneurs who would like to learn more about this new technique of raising capital.
Author: Financial Crisis Inquiry Commission
Publisher: Public Affairs
ISBN: 1610390415
Category : Business & Economics
Languages : en
Pages : 578
Get Book
Book Description
Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.
