Download or read book In Banks We Trust written by Penny Lernoux and published by Viking Press. This book was released on 1984 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analyzes the close links between leading financial institutions and organized crime, the CIA, and other associations and examines recent banking scandals

Download or read book In Banks We Trust written by Penny Lernoux and published by Anchor Books. This book was released on 1984 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses corruption in world banking.

Download or read book In FED We Trust written by David Wessel and published by Crown Currency. This book was released on 2010-08-03 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Whatever it takes” That was Federal Reserve Chairman Ben Bernanke’s vow as the worst financial panic in more than fifty years gripped the world and he struggled to avoid the once unthinkable: a repeat of the Great Depression. Brilliant but temperamentally cautious, Bernanke researched and wrote about the causes of the Depression during his career as an academic. Then when thrust into a role as one of the most important people in the world, he was compelled to boldness by circumstances he never anticipated. The president of the United States can respond instantly to a missile attack with America’s military might, but he cannot respond to a financial crisis with real money unless Congress acts. The Fed chairman can. Bernanke did. Under his leadership the Fed spearheaded the biggest government intervention in more than half a century and effectively became the fourth branch of government, with no direct accountability to the nation’s voters. Believing that the economic catastrophe of the 1930s was largely the fault of a sluggish and wrongheaded Federal Reserve, Bernanke was determined not to repeat that epic mistake. In this penetrating look inside the most powerful economic institution in the world, David Wessel illuminates its opaque and undemocratic inner workings, while revealing how the Bernanke Fed led the desperate effort to prevent the world’s financial engine from grinding to a halt. In piecing together the fullest, most authoritative, and alarming picture yet of this decisive moment in our nation’s history, In Fed We Trust answers the most critical questions. Among them: • What did Bernanke and his team at the Fed know–and what took them by surprise? Which of their actions stretched–or even ripped through–the Fed’s legal authority? Which chilling numbers and indicators made them feel they had no choice? • What were they thinking at pivotal moments during the race to sell Bear Stearns, the unsuccessful quest to save Lehman Brothers, and the virtual nationalization of AIG, Fannie Mae, and Freddie Mac? What were they saying to one another when, as Bernanke put it to Wessel: “We came very close to Depression 2.0”? • How well did Bernanke, former treasury secretary Hank Paulson, and then New York Fed president Tim Geithner perform under intense pressure? • How did the crisis prompt a reappraisal of the once-impregnable reputation of Alan Greenspan? In Fed We Trust is a breathtaking and singularly perceptive look at a historic episode in American and global economic history.

Download or read book Whom Can We Trust How Groups Networks and Institutions Make Trust Possible written by Karen S. Cook and published by Russell Sage Foundation. This book was released on 2009-11-01 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Conventional wisdom holds that trust is essential for cooperation between individuals and institutions—such as community organizations, banks, and local governments. Not necessarily so, according to editors Karen Cook, Margaret Levi, and Russell Hardin. Cooperation thrives under a variety of circum-stances. Whom Can We Trust? examines the conditions that promote or constrain trust and advances our understanding of how cooperation really works. From interpersonal and intergroup relations to large-scale organizations, Whom Can We Trust? uses empirical research to show that the need for trust and trustworthiness as prerequisites to cooperation varies widely. Part I addresses the sources of group-based trust. One chapter focuses on the assumption—versus the reality—of trust among coethnics in Uganda. Another examines the effects of social-network position on trust and trustworthiness in urban Ghana and rural Kenya. And a third demonstrates how cooperation evolves in groups where reciprocity is the social norm. Part II asks whether there is a causal relationship between institutions and feelings of trust in individuals. What does—and doesn’t—promote trust between doctors and patients in a managed-care setting? How do poverty and mistrust figure into the relations between inner city residents and their local leaders? Part III reveals how institutions and networks create environments for trust and cooperation. Chapters in this section look at trust as credit-worthiness and the history of borrowing and lending in the Anglo-American commercial world; the influence of the perceived legitimacy of local courts in the Philippines on the trust relations between citizens and the government; and the key role of skepticism, not necessarily trust, in a well-developed democratic society. Whom Can We Trust? unravels the intertwined functions of trust and cooperation in diverse cultural, economic, and social settings. The book provides a bold new way of thinking about how trust develops, the real limitations of trust, and when trust may not even be necessary for forging cooperation. A Volume in the Russell Sage Foundation Series on Trust

Download or read book In Math We Trust written by Simon Dingle and published by Jonathan Ball Publishers. This book was released on 2018-04-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: A highly readable account of a complex subject, In Math We Trust is all you need to find out about Bitcoin, cryptocurrency, the future of money and the journey to being your own bank. Money is the most important human invention after language. It provides tokens for the faith we have in each other and society, but that trust has been violated repeatedly throughout history by the middlemen and authorities we rely upon in order to transact with each other. Now a new kind of money promises to rescue us from these tyrants and return us to the roots of money, without relying on third-parties. Instead of putting our faith in banks and governments, we can trust math. Simon Dingle has been working with Bitcoin and other cryptocurrencies since 2011, designing products that make it easier to engage with this new world of money. He is also a broadcaster, writer and speaker who makes complex subjects simple for his audiences. Having led the product team at one of the world's first Bitcoin exchanges and on other popular fintech products, Simon continues to design and invest in projects that make money more fair, this in addition to his weekly radio show that helps people with technology more generally. In this book Simon looks at the evolution of human trust that not only explains how cryptocurrencies work and the origins of Bitcoin, but how you can use these networks to take control of your own financial universe.

Download or read book Trust in Troubled Times written by Brett Sheehan and published by Harvard University Press. This book was released on 2003 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Who Can You Trust written by Rachel Botsman and published by PublicAffairs. This book was released on 2017-11-14 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you can't trust those in charge, who can you trust? From government to business, banks to media, trust in institutions is at an all-time low. But this isn't the age of distrust -- far from it. In this revolutionary book, world-renowned trust expert Rachel Botsman reveals that we are at the tipping point of one of the biggest social transformations in human history -- with fundamental consequences for everyone. A new world order is emerging: we might have lost faith in institutions and leaders, but millions of people rent their homes to total strangers, exchange digital currencies, or find themselves trusting a bot. This is the age of "distributed trust," a paradigm shift driven by innovative technologies that are rewriting the rules of an all-too-human relationship. If we are to benefit from this radical shift, we must understand the mechanics of how trust is built, managed, lost, and repaired in the digital age. In the first book to explain this new world, Botsman provides a detailed map of this uncharted landscape -- and explores what's next for humanity.

Download or read book The Bankers New Clothes written by Anat Admati and published by Princeton University Press. This book was released on 2024-01-09 with total page 624 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book Trust Us We re Experts written by Sheldon Rampton and published by Tarcher. This book was released on 2001 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In Trust Us, We're Experts! journalists Sheldon Rampton and John Stauber unmask the sneaky and widespread methods industry uses to influence opinion through bogus reports, doctored data, and manufactured facts. Rampton and Stauber show how corporations and public relations firms have seized upon remarkable new ways of exploiting your trust to get you to buy what they have to sell: letting you hear their pitch from a neutral third party, such as a professor or a pediatrician or a soccer mom or a watchdog group." "The problem is, these third parties are usually anything but neutral. They have been handpicked, cultivated, and meticulously packaged in order to make you believe what they say. In many cases, they have been paid handsomely for their "opinions.""--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Download or read book How the Other Half Banks written by Mehrsa Baradaran and published by Harvard University Press. This book was released on 2015-10-06 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has two separate banking systems today—one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities—all thanks to deregulation that began in the 1970s and continues decades later. “Baradaran argues persuasively that the banking industry, fattened on public subsidies (including too-big-to-fail bailouts), owes low-income families a better deal...How the Other Half Banks is well researched and clearly written...The bankers who fully understand the system are heavily invested in it. Books like this are written for the rest of us.” —Nancy Folbre, New York Times Book Review “How the Other Half Banks tells an important story, one in which we have allowed the profit motives of banks to trump the public interest.” —Lisa J. Servon, American Prospect

Download or read book In FED We Trust written by David Wessel and published by Currency. This book was released on 2009-08-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Whatever it takes” That was Federal Reserve Chairman Ben Bernanke’s vow as the worst financial panic in more than fifty years gripped the world and he struggled to avoid the once unthinkable: a repeat of the Great Depression. Brilliant but temperamentally cautious, Bernanke researched and wrote about the causes of the Depression during his career as an academic. Then when thrust into a role as one of the most important people in the world, he was compelled to boldness by circumstances he never anticipated. The president of the United States can respond instantly to a missile attack with America’s military might, but he cannot respond to a financial crisis with real money unless Congress acts. The Fed chairman can. Bernanke did. Under his leadership the Fed spearheaded the biggest government intervention in more than half a century and effectively became the fourth branch of government, with no direct accountability to the nation’s voters. Believing that the economic catastrophe of the 1930s was largely the fault of a sluggish and wrongheaded Federal Reserve, Bernanke was determined not to repeat that epic mistake. In this penetrating look inside the most powerful economic institution in the world, David Wessel illuminates its opaque and undemocratic inner workings, while revealing how the Bernanke Fed led the desperate effort to prevent the world’s financial engine from grinding to a halt. In piecing together the fullest, most authoritative, and alarming picture yet of this decisive moment in our nation’s history, In Fed We Trust answers the most critical questions. Among them: • What did Bernanke and his team at the Fed know–and what took them by surprise? Which of their actions stretched–or even ripped through–the Fed’s legal authority? Which chilling numbers and indicators made them feel they had no choice? • What were they thinking at pivotal moments during the race to sell Bear Stearns, the unsuccessful quest to save Lehman Brothers, and the virtual nationalization of AIG, Fannie Mae, and Freddie Mac? What were they saying to one another when, as Bernanke put it to Wessel: “We came very close to Depression 2.0”? • How well did Bernanke, former treasury secretary Hank Paulson, and then New York Fed president Tim Geithner perform under intense pressure? • How did the crisis prompt a reappraisal of the once-impregnable reputation of Alan Greenspan? In Fed We Trust is a breathtaking and singularly perceptive look at a historic episode in American and global economic history.

Download or read book Doing Digital Lessons from Leaders written by Chris Skinner and published by Marshall Cavendish International Asia Pte Ltd. This book was released on 2020-03-02 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: There has been lots of discussion of digital and open banking, banking-as-a-service, banking platforms, FinTech and TechFin and more over the past decade. This all indicates that we are in a decade of rapid cycle change that presents huge challenges and huge opportunities. Billion dollar unicorns appear rapidly, whilst internet giants achieve global domination. How are banks dealing with these changes and are any banks showing leadership? Well yes, a few are. With all the gloom merchants saying that traditional banking is doomed, a few banks have made radical moves to adapt and survive. Chris Skinner, world-leading commentator on banking and technology, has selected five of those banks—JPMorgan Chase (USA), BBVA and ING (Europe), and DBS and CMB (Asia)—to share their experiences. In detailed interviews, and with wide-ranging commentary, he has discovered the secrets of how not just adapt and survive, but how to thrive in this sea change of finance and technology. Learn the lessons of the leaders, and learn how to become a successful digital bank, by Doing Digital.

Download or read book In Meat We Trust written by Maureen Ogle and published by Houghton Mifflin Harcourt. This book was released on 2013 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: The untold history of how meat made America: a tale of the oversized egos, self-made millionaires, and ruthless magnates; eccentrics, politicians, and pragmatists who shaped us into the greatest eaters and providers of meat in history.

Download or read book Raw Spirit written by Iain Banks and published by Random House. This book was released on 2013-09-30 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: A fascinating journey through Scotland's famous distilleries with legendary author Iain Banks No true Scotsman can resist the allure of the nation's whisky distilleries. In an absorbing voyage as interesting to non-drinkers as to true whisky connoisseurs, sci-fi and literary author Iain Banks explores the rich heritage of Scottish whisky, from the largest and most famous distilleries to the smallest, most obscure operations. Whisky is more than a drink: it's a culture, a binder that joins together people, places and products far across Scotland's rugged terrain. Switching from cars to ferries to bicycles, Banks crisscrosses his homeland, weaving an engrossing narrative from the strange people, fascinating traditions, and downright bizarre places he encounters on his journey down Scotland's great golden road.

Download or read book Detroit and Its Banks written by Arthur M. Woodford and published by . This book was released on 1974 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book In Walt We Trust written by John Marsh and published by NYU Press. This book was released on 2015-02-22 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Life in the United States today is shot through with uncertainty: about our jobs, our mortgaged houses, our retirement accounts, our health, our marriages, and the future that awaits our children. For many, our lives, public and private, have come to feel like the discomfort and unease you experience the day or two before you get really sick. Our life is a scratchy throat. John Marsh offers an unlikely remedy for this widespread malaise: the poetry of Walt Whitman. Mired in personal and political depression, Marsh turned to Whitman—and it saved his life. In Walt We Trust: How a Queer Socialist Poet Can Save America from Itself is a book about how Walt Whitman can save America’s life, too. Marsh identifies four sources for our contemporary malaise (death, money, sex, democracy) and then looks to a particular Whitman poem for relief from it. He makes plain what, exactly, Whitman wrote and what he believed by showing how they emerged from Whitman’s life and times, and by recreating the places and incidents (crossing Brooklyn ferry, visiting wounded soldiers in hospitals) that inspired Whitman to write the poems. Whitman, Marsh argues, can show us how to die, how to accept and even celebrate our (relatively speaking) imminent death. Just as important, though, he can show us how to live: how to have better sex, what to do about money, and, best of all, how to survive our fetid democracy without coming away stinking ourselves. The result is a mix of biography, literary criticism, manifesto, and a kind of self-help you’re unlikely to encounter anywhere else.

Download or read book What Set Me Free The Story That Inspired the Major Motion Picture Brian Banks written by Brian Banks and published by Atria Books. This book was released on 2019-07-02 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover the unforgettable and inspiring true story—that inspired the major motion picture Brian Banks—of a young man who was wrongfully convicted as a teenager and imprisoned for more than five years, only to emerge with his spirit unbroken and determined to achieve his dream of playing in the NFL. At age sixteen, Brian Banks was a nationally recruited All-American Football player, ranked eleventh in the nation as a linebacker. Before his seventeenth birthday, he was in jail, awaiting trial for a heinous crime he did not commit. Although Brian was innocent, his attorney advised him that as a young black man accused of rape, he stood no chance of winning his case at trial. Especially since he would be tried as an adult. Facing a possible sentence of forty-one years to life, Brian agreed to take a plea deal—and a judge sentenced him to six years in prison. At first, Brian was filled with fear, rage, and anger as he reflected on the direction his life had turned and the unjust system that had imprisoned him. Brian was surrounded by darkness, until he had epiphany that would change his life forever. From that moment on, he made the choice to shed the bitterness and anger he felt, and focus only on the things he had the power to control. He approached his remaining years in prison with a newfound resolve, studying spirituality, improving his social and writing skills, and taking giant leaps on his journey toward enlightenment. When Brian emerged from prison with five years of parole still in front of him, he was determined to rebuild his life and finally prove his innocence. Three months before his parole was set to expire, armed with a shocking recantation from his accuser and the help of the California Innocence Project, the truth about his unjust incarceration came out and he was exonerated. Finally free, Brian sought to recapture a dream once stripped away: to play for the NFL. And at age twenty-eight, he made that dream come true. Perfect for fans of Just Mercy, I Beat the Odds, and Infinite Hope, this powerful memoir is a deep dive into the injustices of the American justice system, a soul-stirring celebration of the resilience of the human spirit, and an inspiring call to hold fast to our dreams.