Download or read book Between Debt and the Devil written by Adair Turner and published by Princeton University Press. This book was released on 2017-08-02 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why our addiction to debt caused the global financial crisis and is the root of our financial woes Adair Turner became chairman of Britain's Financial Services Authority just as the global financial crisis struck in 2008, and he played a leading role in redesigning global financial regulation. In this eye-opening book, he sets the record straight about what really caused the crisis. It didn’t happen because banks are too big to fail—our addiction to private debt is to blame. Between Debt and the Devil challenges the belief that we need credit growth to fuel economic growth, and that rising debt is okay as long as inflation remains low. In fact, most credit is not needed for economic growth—but it drives real estate booms and busts and leads to financial crisis and depression. Turner explains why public policy needs to manage the growth and allocation of credit creation, and why debt needs to be taxed as a form of economic pollution. Banks need far more capital, real estate lending must be restricted, and we need to tackle inequality and mitigate the relentless rise of real estate prices. Turner also debunks the big myth about fiat money—the erroneous notion that printing money will lead to harmful inflation. To escape the mess created by past policy errors, we sometimes need to monetize government debt and finance fiscal deficits with central-bank money. Between Debt and the Devil shows why we need to reject the assumptions that private credit is essential to growth and fiat money is inevitably dangerous. Each has its advantages, and each creates risks that public policy must consciously balance.
Download or read book Devil Take the Hindmost written by Edward Chancellor and published by Penguin. This book was released on 2000-06-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: A lively, original, and challenging history of stock market speculation from the 17th century to present day. Is your investment in that new Internet stock a sign of stock market savvy or an act of peculiarly American speculative folly? How has the psychology of investing changed—and not changed—over the last five hundred years? In Devil Take the Hindmost, Edward Chancellor traces the origins of the speculative spirit back to ancient Rome and chronicles its revival in the modern world: from the tulip scandal of 1630s Holland, to “stockjobbing” in London's Exchange Alley, to the infamous South Sea Bubble of 1720, which prompted Sir Isaac Newton to comment, “I can calculate the motion of heavenly bodies, but not the madness of people.” Here are brokers underwriting risks that included highway robbery and the “assurance of female chastity”; credit notes and lottery tickets circulating as money; wise and unwise investors from Alexander Pope and Benjamin Disraeli to Ivan Boesky and Hillary Rodham Clinton. From the Gilded Age to the Roaring Twenties, from the nineteenth century railway mania to the crash of 1929, from junk bonds and the Japanese bubble economy to the day-traders of the Information Era, Devil Take the Hindmost tells a fascinating story of human dreams and folly through the ages.
Download or read book The Devil s Derivatives written by Nicholas Dunbar and published by Harvard Business Press. This book was released on 2011-07-12 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compelling narrative on what went wrong with our financial system—and who’s to blame. From an award-winning journalist who has been covering the industry for more than a decade, The Devil’s Derivatives charts the untold story of modern financial innovation—how investment banks invented new financial products, how investors across the world were wooed into buying them, how regulators were seduced by the political rewards of easy credit, and how speculators made a killing from the near-meltdown of the financial system. Author Nicholas Dunbar demystifies the revolution that briefly gave finance the same intellectual respectability as theoretical physics. He explains how bankers worldwide created a secret trillion-dollar machine that delivered cheap mortgages to the masses and riches beyond dreams to the financial innovators. Fundamental to this saga is how “the people who hated to lose” were persuaded to accept risk by “the people who loved to win.” Why did people come to trust and respect arcane financial tools? Who were the bankers competing to assemble the basic components into increasingly intricate machines? How did this process achieve its own unstoppable momentum—ending in collapse, bailouts, and a public outcry against the giants of finance? Provocative and intriguing, The Devil’s Derivatives sheds much-needed light on the forces that fueled the most brutal economic downturn since the Great Depression.
Download or read book The Devil s Financial Dictionary written by Jason Zweig and published by PublicAffairs. This book was released on 2015-10-13 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Your Survival Guide to the Hades of Wall Street The Devil's Financial Dictionary skewers the plutocrats and bureaucrats who gave us exploding mortgages, freakish risks, and banks too big to fail. And it distills the complexities, absurdities, and pomposities of Wall Street into plain truths and aphorisms anyone can understand. An indispensable survival guide to the hostile wilderness of today's financial markets, The Devil's Financial Dictionary delivers practical insights with a scorpion's sting. It cuts through the fads and fakery of Wall Street and clears a safe path for investors between euphoria and despair. Staying out of financial purgatory has never been this fun.
Download or read book All the Devils Are Here written by Bethany McLean and published by Penguin. This book was released on 2011-08-30 with total page 503 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hailed as "the best business book of 2010" (Huffington Post), this New York Times bestseller about the 2008 financial crisis brings the devastation of the Great Recession to life. As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers? According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, many devils helped bring hell to the economy. All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature. Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the financial meltdown and its consequences.
Download or read book The Devil I Know written by Claire Kilroy and published by Grove/Atlantic, Inc.. This book was released on 2014-01-28 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: In exile after being ousted from the family castle, recovering alcoholic Tristram St. Lawrence finds himself back in Dublin when an old acquaintance pitches a development project that his sponsor, a mysterious businessman, supports.
Download or read book The Devil and Daniel Webster written by Stephen Vincent Benet and published by Dramatists Play Service Inc. This book was released on 1943-10 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: THE STORY: Jabez Stone, young farmer, has just been married, and the guests are dancing at his wedding. But Jabez carries a burden, for he knows that, having sold his soul to the Devil, he must, on the stroke of midnight, deliver it up to him. Shortly before twelve Mr. Scratch, lawyer, enters and the company is thunderstruck. Jabez bids his guests begone; he has made his bargain and will pay the price. His bride, however, stands by him, and so will Daniel Webster, who has come for the festivities. Webster takes the case. But Scratch is a lawyer himself and out-argues the statesman. Webster demands a jury of real Americans, living or dead. Very well, agrees the Devil, he shall have them, and ghosts appear. Webster thunders, but to no avail, and at last realizing Scratch can better him on technical grounds, he changes his tactics and appeals to the ghostly jury, men who have retained some love of country. Rising to the height of his powers, Webster performs the miracle of winning a verdict of Not Guilty.
Download or read book A Deal with the Devil written by Blake Ellis and published by Atria Books. This book was released on 2020-07-21 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: “A personal how-to guide for investigative journalists, a twisted tale of a scam of huge proportions, and a really good read” (Bethany McLean, author of The Smartest Guys in the Room), this spellbinding true story follows a pair of award-winning CNN investigative journalists as they track down the mysterious psychic at the center of an international scam that stole tens of millions of dollars from the elderly and emotionally vulnerable. While investigating financial crimes for CNN Money, Blake Ellis and Melanie Hicken were intrigued by reports that elderly Americans were giving away thousands of dollars to mail-in schemes. With a little digging, they soon discovered a shocking true story. Victims received personalized letters from a woman who, claiming amazing psychic powers, convinced them to send money in return for riches, good health, and good fortune. The predatory scam had been going on unabated for decades, raking in more than $200 million in the United States and Canada alone—with investigators from all over the world unable to stop it. And at the center of it all—an elusive French psychic named Maria Duval. Based on the five-part series that originally appeared on CNN’s website in 2016 and was seen by more than three million people, A Deal with the Devil picks up where the series left off as Ellis and Hicken reveal more bizarre characters, follow new leads, close in on Maria Duval, and connect the dots in an edge-of-your-seat journey across the US to England and France. A Deal with the Devil is a fascinating, thrilling search for the truth that will suck you “deep into the heart of a labyrinthine investigation that raises bigger questions about greed, manipulation, and the desperate hunger to believe” (Megan Abbott, author of You Will Know Me).
Download or read book The Devil Is a Marquess written by Elisa Braden and published by Elisa Braden. This book was released on 2016-04-29 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: When a rake beyond redemption… A walking scandal surviving on little more than wits, whisky, and wicked skills in the bedchamber, Benedict Chatham, the new Marquess of Rutherford, is at the end of his rope. Deeply in debt and down to his last farthing, he must marry nothing short of an absolute fortune, or risk utter ruin. Must marry for money… Enter Miss Charlotte Lancaster, unfashionably tall heiress to just such a fortune and a clumsy, redheaded disaster in her five London seasons. While she dreams of leaving England for a life of trade in America, her father schemes to trade her dowry for a title—and Marchioness of Rutherford will do nicely. Charlotte wants her independence, not a husband, and certainly not a disreputable devil who renders her weak and wobbly with a single scorching glance. But she’s a practical sort, and a year with the devil might buy her freedom … provided she can resist his seductive charms. That shouldn’t prove a problem, for he could not possibly want someone like her, and the feeling is mutual. Really. It is. Love grows in the most unexpected places… When her father demands a startling price for his daughter’s hand—one year of fidelity and sobriety—Chatham must change his libertine ways … at least temporarily. And when he does, Charlotte begins to see him in a new light—not as the scandalous charmer she married, but as the husband she just might adore.
Download or read book The Devil written by Graham Johnson and published by Random House. This book was released on 2011-03-04 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drug dealers beware. The Devil is coming to get you. Gangster Stephen French invented the perfect crime: robbing drug barons of their huge fortunes. In SAS-style swoops, French raided their fortified mansions and tortured them with horrifying violence until they paid up. Through 'taxing' the richest and most powerful crimelords in the UK, he netted over £20 million. French was no ordinary criminal. He was a world-champion fighter, he studied psychology at university to master mind-control techniques, and he used the teachings of Machiavelli and samurai warriors to outwit his enemies. The Devil also reveals French's complex relationship with Curtis Warren, the wealthiest criminal in British history. The two were childhood pals, then partners and finally bitter enemies. Now a legitimate businessman, French built up a multimillion-pound empire. Having eventually turned his back on his former life, he is now seeking to set the record straight.
Download or read book The Devil in the Marshalsea written by Antonia Hodgson and published by Houghton Mifflin Harcourt. This book was released on 2014 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first thrilling historical crime novel starring Thomas Hawkins, a rakish scoundel with a heart of gold, set in the darkest debtors' prison in Georgian London, where people fall dead as quickly as they fall in love and no one is as they seem.
Download or read book If Satan Can t Steal Your Joy written by Jerry Savelle and published by Harrison House Publishers. This book was released on 2002 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Joy of the Lord is Your Strength! We read this verse in the Bible, we hear about it in sermons, we even sing about it. But what does this really mean? Simply this: The devil can't defeat a joyful believer! No matter how bleak your problem looks or how bad your circumstances are, if you can read your Bible, you can rejoice. And if you can rejoice, you are a candidate for victory!
Download or read book California Demon written by Debra Dunbar and published by Debra Dunbar. This book was released on 2021-01-12 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: In New Hell, only the monsters survive. Eden Alvaro is a licensed Vulture, picking through the aftermath of violence in demon-plagued LA, and fencing her finds to help support her family. But when a crooked cop reports her for a salvage she didn’t take, all hell breaks loose. Stripped of her license, Eden finds herself with a price on her head. When the mercenaries hunting her raid her home, brutalize her family and abduct one of her sisters, Eden turns to the enigmatic Bishop—a man with a reputation for violence who, for the right price, can find just about anything or anyone. With time running out to find her sister before she’s sold into slavery, Eden is determined to get her back—even if she has to slaughter her way through a gang affiliated with the traffickers and face down one of the powerful demons in control of the city. She’ll need every bit of her burgeoning magical powers to bring her sister back alive—and she’ll need to put herself in debt to Bishop. But when it comes to her family, no price is too high for Eden to pay.
Download or read book The Devil s Dictionary written by Ambrose Bierce and published by Standard Ebooks. This book was released on 2021-03-16T22:46:04Z with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Dictionary, n: A malevolent literary device for cramping the growth of a language and making it hard and inelastic. This dictionary, however, is a most useful work.” Bierce’s groundbreaking Devil’s Dictionary had a complex publication history. Started in the mid-1800s as an irregular column in Californian newspapers under various titles, he gradually refined the new-at-the-time idea of an irreverent set of glossary-like definitions. The final name, as we see it titled in this work, did not appear until an 1881 column published in the periodical The San Francisco Illustrated Wasp. There were no publications of the complete glossary in the 1800s. Not until 1906 did a portion of Bierce’s collection get published by Doubleday, under the name The Cynic’s Word Book—the publisher not wanting to use the word “Devil” in the title, to the great disappointment of the author. The 1906 word book only went from A to L, however, and the remainder was never released under the compromised title. In 1911 the Devil’s Dictionary as we know it was published in complete form as part of Bierce’s collected works (volume 7 of 12), including the remainder of the definitions from M to Z. It has been republished a number of times, including more recent efforts where older definitions from his columns that never made it into the original book were included. Due to the complex nature of copyright, some of those found definitions have unclear public domain status and were not included. This edition of the book includes, however, a set of definitions attributed to his one-and-only “Demon’s Dictionary” column, including Bierce’s classic definition of A: “the first letter in every properly constructed alphabet.” Bierce enjoyed “quoting” his pseudonyms in his work. Most of the poetry, dramatic scenes and stories in this book attributed to others were self-authored and do not exist outside of this work. This includes the prolific Father Gassalasca Jape, whom he thanks in the preface—“jape” of course having the definition: “a practical joke.” This book is a product of its time and must be approached as such. Many of the definitions hold up well today, but some might be considered less palatable by modern readers. Regardless, the book’s humorous style is a valuable snapshot of American culture from past centuries. This book is part of the Standard Ebooks project, which produces free public domain ebooks.
Download or read book Outwitting the Devil written by Napoleon Hill and published by Sharon Lechter. This book was released on 2011 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally written in 1938 but never published due to its controversial nature, an insightful guide reveals the seven principles of good that will allow anyone to triumph over the obstacles that must be faced in reaching personal goals.
Download or read book Between the Devil and the Duke written by Kelly Bowen and published by Forever. This book was released on 2017-01-31 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: He should have thrown her out. But when club owner Alexander Lavoie catches a mysterious blonde counting cards at his vingt-et-un table, he's more intrigued than angry. He has to see more of this beauty-in his club, in his office, in his bed. But first he'll have to devise a proposition she can't turn down. Gossip said he was an assassin. Common sense told her to stay away. But Angelique Archer was desperate, and Lavoie's club offered a surefire way to make quick money-until she got caught. Instead of throwing her out though, the devil offers her a deal: come work for him. Refusing him means facing starvation, but with a man so sinfully handsome and fiercely protective, keeping things professional might prove impossible . . . 2018 RITA award-winning author! "Wonderful! A charming, clever, and engaging storyteller not to be missed." -- Sarah MacLean, New York Times bestselling author
Download or read book The Devil in a Domino Valancourt Classics written by Chas L'Epine and published by . This book was released on 2017-08-22 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: The offspring of a profligate scoundrel and a drunken circus performer, Aleck Severn was born inside a prison's walls after his mother stabbed his father to death. Severn shows no outward signs of inheriting his parents' faults: a handsome, affable man about town, he is popular with his friends and beloved by his wife Marianne. But she begins to suspect her husband has a dark secret. What is he doing during those long nights alone at a remote house? And what connection could it have to the bodies of murdered women being found around London? One of the earliest novels inspired by the Jack the Ripper murders, The Devil in a Domino (1897) received mixed reviews when originally published, with critics praising the author's literary talent while decrying the book's horrific contents. A work of exceeding rarity, it survives in only a handful of known copies and has not been reprinted in over a century. This new edition features an introduction by Simon Stern. "[A] frankly horrible performance ... a gruesome compound of madness and butchery, with nameless horrors in the background. No sane person could find pleasure in reading such a story ... it would have been better had it not been written." - The Literary World "[A] peculiarly repulsive piece of writing, indicative of the low and morbid type of so-called literature which is purveyed to a half-educated constituency." - Edinburgh Evening News "In its diabolical horrors it recalls the ghastly series of crimes supposed to have been the work of 'Jack the Ripper.' Those who like to sup on sensation will find all they want in The Devil in a Domino." - Dundee Evening Telegraph