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 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 Summary of Bethany McLean Joe Nocera s All the Devils Are Here written by Everest Media, and published by Everest Media LLC. This book was released on 2022-07-21T22:59:00Z with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Please note: This is a companion version & not the original book. Sample Book Insights: #1 The creation of the mortgage-backed security allowed Wall Street to scoop up loans made to people who were buying homes, and then resell the bundle to investors. #2 The American Dream is synonymous with homeownership. Government policy has long encouraged homeownership, and it has been a statement about values as well as upward mobility. #3 Fannie Mae and Freddie Mac were two important agents of government homeownership policy. They were both insulated from criticism. Fannie was born during the Great Depression, and its original role was to buy up mortgages that the Veterans Administration and the Federal Housing Administration were guaranteeing. #4 Wall Street developed securities that were much more appealing to investors than Ginnie Mae or Freddie Mac bonds. Tranching, or splitting the bond into different categories based on risk, was one method. The rating agencies became an important part of the process.
Download or read book The Greek English Derivative Dictionary written by William Burke (philological writer.) and published by . This book was released on 1806 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Concise Oxford English Dictionary written by Angus Stevenson and published by Oxford University Press, USA. This book was released on 2011-08-18 with total page 1728 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Concise Oxford English Dictionary is one of the most popular choices in Oxford's renowned dictionary line. This Luxury Edition is perfect for anyone looking to invest in a reliable resource for home, school, or office. It includes unique features such as cut thumb tabs, printed endpapers, ribbon marker, with coloured head and tailbands making it a centerpiece for all bookshelves. This centenary edition of the Concise Oxford English Dictionary Luxury Edition presents the most accurate picture of English today. It contains over 240,000 words, phrases, and definitions, providing superb coverage of contemporary English, including rare, historical, and archaic terms, scientific and technical vocabulary, and English from around the world. The dictionary has been updated with hundreds of new words--including sub-prime, social networking, and carbon footprint--all based on the latest research from the Oxford English Corpus. In addition, the dictionary features an engaging new center section, with quick-reference word lists (containing, for example, lists of Fascinating Words and Onomatopoeic Words), and a revised and updated English Uncovered supplement, which examines interesting facts about the English language. Sprinkled throughout the text are intriguing Word Histories, detailing the origins and development of numerous words. The volume also retains such popular features as the hundreds of usage notes which give advice on tricky vocabulary and pointers to help you improve your use of English. Finally, the dictionary contains full appendices on topics such as alphabets, currencies, electronic English, and the registers of language (from formal to slang), plus a useful Guide to Good English with advice on grammar, punctuation, and spelling. This Luxury Edition also includes 12 months' of access to Oxford Dictionaries Online at oxforddictionaries.com.
Download or read book Slang and Its Analogues Past and Present written by John Stephen Farmer and published by . This book was released on 1909 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Oxford Dictionary of English written by Angus Stevenson and published by Oxford University Press, USA. This book was released on 2010-08-19 with total page 2093 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Oxford Dictionary of English offers authoritative and in-depth coverage of over 350,000 words, phrases, and meanings. The foremost single-volume authority on the English language.
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 Copper Deposits of the Seven Devils and Adjacent Districts including Heath Hornet Creek Hoodoo and Deer Creek written by Douglas Clermont Livingston and published by . This book was released on 1920 with total page 704 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Living Age written by and published by . This book was released on 1848 with total page 640 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Littell s Living Age written by and published by . This book was released on 1848 with total page 642 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Littell s Living Age written by Eliakim Littell and published by . This book was released on 1848 with total page 638 pages. Available in PDF, EPUB and Kindle. Book excerpt:
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 South African Concise Oxford Dictionary written by Rhodes University. Dictionary Unit for South African English and published by Oxford University Press, USA. This book was released on 2002 with total page 1400 pages. Available in PDF, EPUB and Kindle. Book excerpt: A concise dictionary for speakers of English, ideal for families, students and professionals. Based on the Concise Oxford Dictionary (10th ed) and adapted for local use at the Dictionary Unit for South African English, Rhodes University, it defines over 200,000 words and phrases, and is distinguished by clear language and design. It is a guide to everyday language, specialist technical, scientific, literary and historical vocabulary, and new words. The almost 2000 items from South African English make it a resource for understanding local culture and current affairs. Features include notes on language usage, a pronunciation guide to words that commonly cause uncertainty, notes on the origins of words, and a list of South African institutions and organizations and their abbreviations.
Download or read book Oversight Hearing written by United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry and published by . This book was released on 2012 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dublin University Magazine written by and published by . This book was released on 1848 with total page 782 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Dublin university magazine written by University magazine and published by . This book was released on 1848 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt:
