Download or read book When Wall Street Met Main Street written by Julia C. Ott and published by Harvard University Press. This book was released on 2011-06-14 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial crisis that began in 2008 has made Americans keenly aware of the enormous impact Wall Street has on the economic well-being of the nation and its citizenry. How did financial markets and institutions-commonly perceived as marginal and elitist at the beginning of the twentieth century-come to be seen as the bedrock of American capitalism? How did stock investment-once considered disreputable and dangerous-first become a mass practice? Julia Ott tells the story of how, between the rise of giant industrial corporations and the Crash of 1929, the federal government, corporations, and financial institutions campaigned to universalize investment, with the goal of providing individual investors with a stake in the economy and the nation. As these distributors of stocks and bonds established a broad, national market for financial securities, they debated the distribution of economic power, the proper role of government, and the meaning of citizenship under modern capitalism. By 1929, the incidence of stock ownership had risen to engulf one quarter of American households in the looming financial disaster. Accordingly, the federal government assumed responsibility for protecting citizen-investors by regulating the financial securities markets. By recovering the forgotten history of this initial phase of mass investment and the issues surrounding it, Ott enriches and enlightens contemporary debates over economic reform.
Download or read book Main Street Not Wall Street written by John Rubino and published by William Morrow. This book was released on 1998-02-18 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Main Street, Not Wall Street is the ultimate guide to using your hometown advantage to beat the market. John Rubino's commonsense approach helps you recognize and capitalize on up-and-coming local companies and investment opportunities, letting you make more money without ever leaving your neighborhood. The information you need is right here at your fingertips. To get you started, Main Street, Not Wall Streetincludes a priceless resource section listing over a thousand local brokers, local business to watch, local business journals, and more. With this book, you'll know just where to look - the ticket is beating Wall Street to the punch. Using real life examples, Rubino shows that when tomorrow's companies are born, their neighbors notice them first; local papers cover them and local brokers recommend their stocks. His step -by-step formula shows you how to turn what you see and what you hear into sound investment strategies. Main Street, Not Wall Street offers valuable tips on networking with locals in the know, finding and working with a local broker, evaluating the local journals, and using the internet to research new markets. Rubino outlines a definitive system for creating and managing a portfolio of emerging local companies to keep you in the game - and winning.
Download or read book From Main Street to Wall Street written by Jesper Rangvid and published by Oxford University Press, USA. This book was released on 2021-01-26 with total page 369 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relation between the economy and the stock market. It discusses the academic theories and the empirical facts, and guides readers through the fascinating interaction between economic activity and financial markets.
Download or read book Wall Street to Main Street written by Edwin J. Perkins and published by Cambridge University Press. This book was released on 1999-04-28 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: A 1999 biography of Charles Merrill, the founder of the world's largest brokerage and investment firm.
Download or read book Makers and Takers written by Rana Foroohar and published by Currency. This book was released on 2017-09-12 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial system propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the system, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.
Download or read book Wall Street Main Street and the Side Street written by Julianne Malveaux and published by . This book was released on 1999 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Here is a collection of 100 thought-provoking, hard-hitting essays that excite, inspire, and invigorate. With sly wit and profound irony, the essays explore the contradictions of African Americans, femenists, nationalists, conservatives, and others while diminishing cherished assumptions about American culture, gender, politics, and economics. Though many may not agree with the thesis of the book -- everything is economic -- the book will demand an audience as long as the gender gap exists, as long as people of color are perched at the periphery of our society's economic life, and as long as there is political disenfranchisement.
Download or read book Local Dollars Local Sense written by Michael Shuman and published by Chelsea Green Publishing. This book was released on 2012 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: Local Dollars, Local Sense is a guide to creating Community Resilience. Americans' long-term savings in stocks, bonds, mutual funds, pension funds, and life insurance funds total about $30 trillion. But not even 1 percent of these savings touch local small business-even though roughly half the jobs and the output in the private economy come from them. So, how can people increasingly concerned with the poor returns from Wall Street and the devastating impact of global companies on their communities invest in Main Street? In Local Dollars, Local Sense, local economy pioneer Michael Shuman shows investors, including the nearly 99% who are unaccredited, how to put their money into building local businesses and resilient regional economies-and profit in the process. A revolutionary toolbox for social change, written with compelling personal stories, the book delivers the most thorough overview available of local investment options, explains the obstacles, and profiles investors who have paved the way. Shuman demystifies the growing realm of local investment choices-from institutional lending to investment clubs and networks, local investment funds, community ownership, direct public offerings, local stock exchanges, crowdfunding, and more. He also guides readers through the lucrative opportunities to invest locally in their homes, energy efficiency, and themselves. A rich resource for both investors and the entrepreneurs they want to support, Local Dollars, Local Sense eloquently shows how to truly protect your financial future--and your community's.
Download or read book A Wall Street Bailout for Main Street written by Iris Marie Mack and published by Createspace Independent Publishing Platform. This book was released on 2016-12-08 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: In our new book we show investors on Main Street how to make money by renting their stocks! That's right! Investors can actually "rent" stocks in their portfolios by trading covered call options. This conservative investment strategy allows investors to generate extra cash flow in their portfolios. The covered call options strategy is so safe, it is suitable for most retirement accounts. By the time you finish reading this book, you will agree that this conservative investment strategy is indeed bulletproof! ************************************* Ms. Mack has an extraordinary ability to explain complex financial subjects with the use of simple examples and analogies. The covered call strategy is one that can be taken advantage of by anyone who currently owns or is contemplating owning shares of most companies. Much higher earnings and returns are awarded to persons who astutely engage in this basic option strategy. --- Gustavo Ayala, Director of Power Trading, Bolt Energy A thorough review of the latest in sustainable financial innovation which seeks to protect a wider sector of the economy - including those historically ignored by more 'mainstream' finance - from unprecedented yet still rising risks facing investors, savers and institutions. Dr. Mack and her team have produced an impressive text which synthesizes a rarely detailed discussion of recent crises, established finance and strategy pedagogy, and a welcomed approach to offsetting said risks - all the while prudently seeking alpha. --- Pye Ian, MBA - Economic Analyst and Private Equity Investment Advisor Under current monetary policy paradigm, the authorities permanently convert someone's private failures into public debts thus transferring public wealth into private pockets at their choice. The whole debt pyramid is huge, drags the economy down but still growing. What can we do about that? Doctor Iris Mack and her graduate students team suggest to invest in ourselves, our knowledge & understanding, better family asset management practices and more sophisticated individual financial behavior. Spend your time on your training, the most practical approach is guaranteed. Surely, this will not work the next day, however, recall 'the rescue of drowning - the handiwork of drowning'. Just add this book to your personal Survival Kit. --- Alexei Kazakov, PhD - Former Hedge Fund Manager Dr. Mack has managed to demonstrate the link between economics and a powerful option strategy. Using numerous comparisons and visuals, this book is a must read for anyone who wants to take control of their financial future. Highly recommended for every business library. --- Michael C. Thomsett, PhD - Options Author and Educator Dr. Iris Mack�s book 'A Wall Street Bailout for Main Street' is a must read for anyone wishing to learn, generate extra income, and gain a fighting chance in the harsh Wall Street environment! It is written in such a friendly way that even a person with no experience in the topic can easily read it and understand it completely. Step by step the author takes you by the hand through a very precise trading strategy using great illustrations and exercises, making it easier to grasp even the more complex concepts. --- David Trevino Trevino, MBA - Investor Dr. Iris Mack has written a must-read primer for anyone who wants to survive and succeed in today's highly complex market. It's a great gateway to become a professional in investment and risk management. Any Main Street investor serious about making money ought to read it. --- Cheng Wang, MBA - former Energy Commodities Analyst of TechMotion Capital
Download or read book Private Equity at Work written by Eileen Appelbaum and published by Russell Sage Foundation. This book was released on 2014-03-31 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book A Random Walk Down Wall Street The Time Tested Strategy for Successful Investing Ninth Edition written by Burton G. Malkiel and published by W. W. Norton & Company. This book was released on 2007-12-17 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updated with a new chapter that draws on behavioral finance, the field that studies the psychology of investment decisions, the bestselling guide to investing evaluates the full range of financial opportunities.
Download or read book Main Street and Wall Street written by William Zebina Ripley and published by Legare Street Press. This book was released on 2022-10-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Download or read book The Age of Anomaly written by Andrei Polgar and published by Createspace Independent Publishing Platform. This book was released on 2018-05-18 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: Something is seriously wrong with the economy, the financial system and ultimately, our way of life. You're probably reading this because, well, you feel the same way. Perhaps you're worried about one specific scenario (the death of the banking system, hyperinflation or something else) but then again, maybe you're not able to identify specific threats. Instead, you just feel "something" is wrong. You feel it deep down inside and it haunts you. Rightfully so, in my opinion! The Age of Anomaly is here to provide much-needed clarity. My name is Andrei Polgar but a lot of you might know me as "the One Minute Economics guy on YouTube" and I've never been an economist who desperately wants to sound intelligent. Instead, through my work, I've had one goal and one goal only: making economics easy to understand, something traditional education has failed at remarkably. As time passes, my work is featured in more and more universities all over the world. Students love it, people who already graduated feel the same way and even those who aren't necessarily interested in economics become fascinated by this often misunderstood but amazing field. Why do people like what I do? For one simple reason: because it works. Through The Age of Anomaly, I've made it clear that understanding financial calamities and being prepared doesn't have to involve rocket science. Anyone can do it and frankly, everyone should do it. I've provided a "from A to Z" perspective by: 1) Analyzing quite a few hand-picked economic calamities of the past, from the Tulip Mania to the Great Depression, the Great Recession and even case studies pretty much nobody heard of such as the Short Domain Mania of 2015-2016 2) Drawing parallels and finding common denominators so as to provide tips that help readers become better and better at spotting financial storms 3) Explaining that becoming better at spotting financial storms is just not enough. Even I may very well end up being caught off-guard by the next crash and as such, it makes sense to dedicate just at much energy to becoming more resilient in general so as to better withstand anything life throws your way By becoming good at spotting financial storms as well as resilient, you'll be multiple orders of magnitude (and I consider even this the understatement of the century) better off than the average individual, who blissfully chooses to live in a bubble of ignorance!
Download or read book Rediscovering Values written by Jim Wallis and published by Simon and Schuster. This book was released on 2010-01-05 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: When we start with the wrong question, no matter how good an answer we get, it won’t give us the results we want. Rather than joining the throngs who are asking, When will this economic crisis be over? Jim Wallis says the right question to ask is How will this crisis change us? The worst thing we can do now, Wallis tells us, is to go back to normal. Normal is what got us into this situation. We need a new normal, and this economic crisis is an invitation to discover what that means. Some of the principles Wallis unpacks for our new normal are . . . • Spending money we don’t have for things we don’t need is a bad foundation for an economy or a family. • It’s time to stop keeping up with the Joneses and start making sure the Joneses are okay. • The values of commercials and billboards are not the things we want to teach our children. • Care for the poor is not just a moral duty but is critical for the common good. • A healthy society is a balanced society in which markets, the government, and our communities all play a role. • The operating principle of God’s economy says that there is enough if we share it. • And much, much more . . . In the pages of this book, Wallis provides us with a moral compass for this new economy—one that will guide us on Wall Street, Main Street, and Your Street. Embracing a New Economy Getting back to "the way things were" is not an option. It is time we take our economic uncertainty and use it to find some moral clarity. Too often we have been ruled by the maxims that greed is good, it’s all about me, and I want it now. Those can be challenged only with some of our oldest and best values—enough is enough, we are in it together, and thinking not just for tomorrow but for future generations. Jim Wallis shows that the solution to our problems will be found only as individuals, families, friends, churches, mosques, synagogues, and entire communities wrestle with the question of values together.
Download or read book Bailout written by Neil Barofsky and published by Simon and Schuster. This book was released on 2013-02-05 with total page 295 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes a new foreword to the paperback edition.
Download or read book Main Street Vs Wall Street written by Norman Jones and published by AuthorHouse. This book was released on 2010 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Wall Street written by Doug Henwood and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A scathing dissection of the wheeling and dealing in the world's greatest financial center. Spot rates, zero coupons, blue chips, futures, options on futures, indexes, options on indexes. The vocabulary of a financial market can seem arcane, even impenetrable. Yet despite its opacity, financial news and comment is ubiquitous. Major national newspapers devote pages of newsprint to the financial sector and television news invariably features a visit to the market for the latest prices. Does this prodigious flow of information have significance for anyone except the tiny percentage of people who have significant holdings of stocks or bonds? And if it does, can non-specialists ever hope to understand what the markets are up to? To these questions Wall Street answers an emphatic yes. Its author Doug Henwood is a notorious scourge of the stock exchange in the pages of his acerbic publication Left Business Observer. The Newsletter has received wide acclamation from J.K. Galbraith, among others, and occasional less favorable comment. Norman Pearlstine, then executive editor of the Wall Street Journal, lamented, 'You are scum ... it's tragic that you exist.' With compelling clarity, Henwood dissects the world's greatest financial center, laying open the intricacies of how, and for whom, the market works. The Wall Street which emerges is not a pretty sight. Hidden from public view, the markets are poorly regulated, badly managed, chronically myopic and often corrupt. And though, as Henwood reveals, their activity contributes almost nothing to the real economy where goods are made and jobs created, they nevertheless wield enormous power. With over a trillion dollars a day crossing the wires between the world's banks, Wall Street and its sister financial centers don't just influence government, effectively they are the government.
Download or read book The Wall Street Journal Guide to the End of Wall Street as We Know It written by Dave Kansas and published by HarperBusiness. This book was released on 2009-01-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive guide for Main Street readers who want to make sense of what′s happening on Wall Street, and better understand how we got here and what we need to know to in days to come. Written by seasoned financial writer Dave Kansas, this official Wall Street Journal guide will be filled with practical information, revealing what the crisis means for reader′s financial lives, and what steps they should be taking now to inform and protect themselves.
