Download or read book The Seven Sins of Wall Street written by Bob Ivry and published by PublicAffairs. This book was released on 2014-03-11 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing -- and should make us not just afraid but very afraid -- are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travelers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street, like no other book, shows how we're all affected by the financial industry's inhumanity. The transgressions of "Wall Street titans" and "masters of the universe" are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain -- a smokescreen of complexity and jargon that hide the bankers' nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you'll finish this book asking yourself how it is that so many of the nation's leading financial institutions remain such exasperating problem children.

Download or read book The Seven Sins of Wall Street written by Bob Ivry and published by Public Affairs. This book was released on 2014-03-11 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing—and should make us not just afraid but very afraid—are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travelers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street, like no other book, shows how we’re all affected by the financial industry’s inhumanity. The transgressions of “Wall Street titans” and “masters of the universe” are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain—a smokescreen of complexity and jargon that hide the bankers’ nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you’ll finish this book asking yourself how it is that so many of the nation’s leading financial institutions remain such exasperating problem children.

Download or read book Take on the Street written by Arthur Levitt and published by Vintage. This book was released on 2002-10-08 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Take on the Street, Arthur Levitt--Chairman of the Securities and Exchange Commission for eight years under President Clinton--provides the best kind of insider information: the kind that can help honest, small investors protect themselves from the deliberately confusing ways of Wall Street. At a time when investor confidence in Wall Street and corporate America is at an historic low, when many are seriously questioning whether or not they should continue to invest, Levitt offers the benefits of his own experience, both on Wall Street and as its chief regulator. His straight talk about the ways of stockbrokers (they are salesmen, plain and simple), corporate financial statements (the truth is often hidden), mutual fund managers (remember who they really work for), and other aspects of the business will help to arm everyone with the tools they need to protect—and enhance—their financial future.

Download or read book The Weekend That Changed Wall Street written by Maria Bartiromo and published by Penguin. This book was released on 2011-09-27 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: America's most famous business reporter gives her unique perspective on the white-knuckle weekend that brought the financial world to its knees. During a single historic weekend (September 12-14, 2008) the fate of Lehman Brothers was sealed, Merrill Lynch barely survived, and AIG became a ward of the federal government. Top CNBC anchor Maria Bartiromo spent the entire weekend taking frantic phone calls from the most powerful players on Wall Street and in Washington, as they toiled to keep the economy from complete collapse. Those CEOs and dozens of other sources gave Bartiromo behind-the-scenes details unavailable to other members of the media, of the crisis and its aftermath. Now she draws on her high-level network to provide an eyewitness account of the biggest events of the financial crisis including at length interviews with former treasury secretary Henry Paulson, former AIG chairman Hank Greenberg, former Merrill Lynch CEO John Thain, and JP Morgan CEO Jamie Dimon, among many others. Writing with both authority and dramatic flair, Bartiromo weaves a thrilling narrative that will make news. She also tackles the big questions: how did an unmatched period of market euphoria and growth turn sour, catapulting the economy into a dangerous slide? And in the long run, how will the near-catastrophe really change Wall Street?

Download or read book 13 Bankers written by Simon Johnson and published by Vintage. This book was released on 2011-01-11 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of its key role in creating the ruinous financial crisis of 2008, the American banking industry has grown bigger, more profitable, and more resistant to regulation than ever. Anchored by six megabanks whose assets amount to more than 60 percent of the country’s gross domestic product, this oligarchy proved it could first hold the global economy hostage and then use its political muscle to fight off meaningful reform. 13 Bankers brilliantly charts the rise to power of the financial sector and forcefully argues that we must break up the big banks if we want to avoid future financial catastrophes. Updated, with additional analysis of the government’s recent attempt to reform the banking industry, this is a timely and expert account of our troubled political economy.

Download or read book The Widow of Wall Street written by Randy Susan Meyers and published by Simon and Schuster. This book was released on 2017-04-11 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: A provocative new novel by bestselling author Randy Susan Meyers about the seemingly blind love of a wife for her husband as he conquers Wall Street, and her extraordinary, perhaps foolish, loyalty during his precipitous fall. Phoebe recognizes fire in Jake Pierce's belly from the moment they meet as teenagers. As he creates a financial dynasty, she trusts him without hesitation--unaware his hunger for success hides a dark talent for deception. When Phoebe learns her husband's triumph and vast reach rests on an elaborate Ponzi scheme her world unravels. As Jake's crime is uncovered, the world obsesses about Phoebe. Did she know her life was fabricated by fraud? Was she his accomplice? While Jake is trapped in the web of his deceit, Phoebe is caught in an unbearable choice. Her children refuse to see her if she remains at their father's side, but abandoning him feels cruel and impossible. From penthouse to prison, with tragic consequences rippling well beyond Wall Street, Randy Susan Meyers's latest novel exposes a woman struggling to survive and then redefine her life as her world crumbles.

Download or read book Seven Sins for a Life Worth Living written by Roger Housden and published by Harmony. This book was released on 2005-12-06 with total page 210 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Conventional wisdom,” says Roger Housden, “tells us that nobody goes to heaven for having a good time.” Seven Sins for a Life Worth Living, then, is a refreshing, liberating, and decidedly welcome dose of unconventional wisdom that awakens us to the simple delights and transformative joys of the world around us. With elegance, gentle humor, and remarkable openness, Housden takes us along as he recalls his personal journey toward an appreciation of what he calls the Seven Pleasures: The Pleasure of All Five Senses, The Pleasure of Being Foolish,The Pleasure of Not Knowing, The Pleasure of Not Being Perfect, The Pleasure of Doing Nothing Useful, The Pleasure of Being Ordinary, and The Pleasure of Coming Home. Housden writes, for instance, of submitting to the ultimate folly of falling in love, of celebrating our imperfections, of coming to understand the virtues of the Slow Food movement while enjoying an all-afternoon lunch in a small French village, and of discovering in a Saharan cave that, however extraordinary our surroundings, “we are human, a glorious nothing much to speak of”—and learning to be at peace with the notion. Such pleasures may be suspect in today’s achievement-driven, tightly scheduled, relent-lessly self-improving, conspicuously consumptive culture, but surely the greater sin lies in letting them slip away moment by precious moment. “The purpose of this book,” says Housden, “is to inspire you to lighten up and fall in love with the world and all that is in it.” Reading it is a pleasure indeed. “When you die,God and the angels will hold you accountablefor all the pleasures you were allowed in life that you denied yourself.” Roger Housden, author of the bestselling Ten Poems series, presents a joyously affirmative, warmly personal, and spiritually illuminating meditation on the virtues of opening ourselves up to pleasures like being foolish, not being perfect, and doing nothing useful, the pleasure of not knowing, and even (would you believe it?) the pleasure of being ordinary.

Download or read book Wall Street Under Oath The Story of Our Modern Money Changers written by Ferdinand Pecora and published by Graymalkin Media. This book was released on 2014-10-10 with total page 165 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ferdinand Pecora investigated with ruthlessly abandon the nation’s most influential bankers and stockbrokers to determine what caused the Wall Street Crash of 1929, which in turn led to the Great Depression. Pecora, as Chief Counsel of Senate launched investigation, shined a vivid light on the shocking practices, deception, and lack of ethics that permeated Wall Street from the bottom to the highest echelons of power. Wall Street’s major players thought they were untouchable masters of their domain, but in the hot seat of the witness chair, eye-to-eye with Pecora, they were no match and fell like dominoes. The mighty J. P. Morgan was forced to admit he and many of his partners hadn’t paid any income taxes in the previous two years and his reputation was tarnished. Pecora’s expose of the practices of National City Bank (now Citibank) made banner headlines and caused the bank’s president to resign. Pecora Wall Street Under Oath in easy to understand language because he was afraid the public might get forgetful. And he was right. Federal Reserve Chairman Ben Bernanke said the 2008 “Great Recession” was actually worse than the Great Depression. Clearly, we need to stay vigilant with a refresher course from Ferdinand Pecora. First published in 1939, this classic book is as relevant today as it was then – because on Wall Street, greed is always in style.

Download or read book Seven Deadly Economic Sins written by James R. Otteson and published by Cambridge University Press. This book was released on 2021-04-08 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compelling basic principles of economics every citizen should know to enable better personal decision-making and better evaluation of public policy.

Download or read book The Seven Sins written by Jon Land and published by Macmillan + ORM. This book was released on 2008-06-10 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt: To Dream...To Dare..To Win... The ancient motto, inscribed in Latin on a mysterious golden medallion, recovered from the ruins of the Roman Empire, has guided Michael Tiranno to heights few men have achieved. Once an orphaned farm boy in his native Sicily, Michael made millions by mastering the intricate world of high finance, and is now the fabulously wealthy owner of Las Vegas' The Seven Sins, the grandest and most extravagant casino in the world. The lavish resort embodies the personal philosophy fueled by his lust for power: the greater the risk, the greater the reward. But he also has secrets, secrets that he and Naomi Burns, his driven corporate attorney and confidante, have gone to great lengths to bury. When an enemy from the past threatens to undermine everything he has built, his dark history must now be uncovered. Together, they must tear open painful scars in Michael's heart and soul to discover the true identity of their unknown foe—before all of Las Vegas pays the price for Michael Tiranno's realized dreams. The Seven Sins is a globe-spanning saga of one man's spectacular rise from rags to riches, the sins that brought him there, and the insidious vendetta that may cost him everything. At the Publisher's request, this title is being sold without Digital Rights Management Software (DRM) applied.

Download or read book Brazen Big Banks Swap Mania And The Fallout written by A Rashad Abdel-khalik and published by World Scientific. This book was released on 2019-02-15 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: For nearly two decades, countless non-profits in the U.S. were forced to pay big banks enormous sums of money to settle or terminate bilateral contracts known as Interest Rate Swaps (IRSs). Officials at non-profits had entered into these costly contracts unaware that each contract has only one winner, and that big banks did not intend to be the losers.The effects of such monetary transfers have been catastrophic. Money-strapped non-profits had to dismiss schoolteachers, shut off water supply to thousands of poor households, and downsize many other essential public services. Local and state governments, public school districts, universities, hospitals and transit authorities from New York to Los Angeles have been among the largest hit.This book presents selected cases and highlights the lack of evidence that decision makers at non-profits had fully understood the terms and complexities of IRSs. The evident unequal bargaining power thus gives rise to the high likelihood of unconscionable contracting. Additionally, for terminating these contracts, big banks collected huge sums of money for services that had not been, and will never be, rendered. Accordingly, questions arise as to whether these termination payments are tantamount to unjust enrichment.Related Link(s)

Download or read book The Seven Deadly Virtues written by Jonathan V. Last and published by Templeton Foundation Press. This book was released on 2014-10-14 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: An all-star team of eighteen conservative writers offers a hilarious, insightful, sanctimony-free remix of William Bennett’s The Book of Virtues—without parental controls. The Seven Deadly Virtues sits down next to readers at the bar, buys them a drink, and an hour or three later, ushers them into the revival tent without them even realizing it. The book’s contributors include Sonny Bunch, Christopher Buckley, David “Iowahawk” Burge, Christopher Caldwell, Andrew Ferguson, Jonah Goldberg, Michael Graham, Mollie Hemingway, Rita Koganzon, Matt Labash, James Lileks, Rob Long, Larry Miller, P. J. O’Rourke, Joe Queenan, Christine Rosen, and Andrew Stiles. Jonathan V. Last, senior writer at the Weekly Standard, editor of the collection, is also a contributor. All eighteen essays in this book are appearing for the first time anywhere. In the book’s opening essay, P. J. O’Rourke observes: “Virtue has by no means disappeared. It’s as much in public view as ever. But it’s been strung up by the heels. Virtue is upside down. Virtue is uncomfortable. Virtue looks ridiculous. All the change and the house keys are falling out of Virtue’s pants pockets.” Here are the virtues everyone (including the book’s contributors) was taught in Sunday school but have totally forgotten about until this very moment. In this sanctimony-free zone: • Joe Queenan observes: “In essence, thrift is a virtue that resembles being very good at Mahjong. You’ve heard about people who can do it, but you’ve never actually met any of them.” • P. J. O’Rourke notes: “Fortitude is quaint. We praise the greatest generation for having it, but they had aluminum siding, church on Sunday, and jobs that required them to wear neckties or nylons (but never at the same time). We don’t want those either.” • Christine Rosen writes: “A fellowship grounded in sociality means enjoying the company of those with whom you actually share physical space rather than those with whom you regularly and enthusiastically exchange cat videos.” • Rob Long offers his version of modern day justice: if you sleep late on the weekend, you are forced to wait thirty minutes in line at Costco. • Jonah Goldberg offers: “There was a time when this desire-to-do-good-in-all-things was considered the only kind of integrity: ‘Angels are better than mortals. They’re always certain about what is right because, by definition, they’re doing God’s will.’ Gabriel knew when it was okay to remove a mattress tag and Sandalphon always tipped the correct amount.” • Sonny Bunch dissects forbearance, observing that the fictional Two Minutes Hate of George Orwell’s 1984 is now actually a reality directed at living, breathing people. Thanks, in part, to the Internet, “Its targets are designated by a spontaneously created mob—one that, due to its hive-mind nature—is virtually impossible to call off.” By the time readers have completed The Seven Deadly Virtues, they won’t even realize that they’ve just been catechized into an entirely different—and better—moral universe.

Download or read book Carnal Sin written by Allison Brennan and published by Ballantine Books. This book was released on 2010-06-22 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Santa Louisa is still reeling from the lethal rampage of the demon Envy, one of the Seven Deadly Sins released from Hell by black magic. The fiendish entity was finally trapped, but when more bodies bearing satanic marks surface in Los Angeles, demon hunter Moira O’Donnell fears the terror has only just begun. Racing to L.A., Moira discovers that the City of Angels is fast becoming the demon Lust’s decadent playground. She suspects another coven is at work, aided indirectly by her diabolical mother, the powerful witch Fiona. But when Moira’s unwanted psychic powers intensify, she fears her connection to the underworld is putting everyone she cares about in grave danger. As supernatural war erupts, Moira and smoldering, seductive Rafe Cooper are caught in the crossfire. Cornered by mortal and unearthly enemies, they must master all their own powers to survive—and to understand if the intensely passionate feelings that bind them are Lust’s demon magic or true desire.

Download or read book Strategic Management written by John A. Parnell and published by SAGE Publications. This book was released on 2013-01-15 with total page 665 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Strategic Management: Theory and Practice, Fourth Edition, John A. Parnell leads readers through detailed, accessible coverage of the strategic management field. Concise and easy to understand chapters address concepts sequentially, from external and internal analysis to strategy formulation, strategy execution, and strategic control. Rather than relegating case analysis to a chapter at the end of the book, Parnell aligns each chapter's key concepts with 25 case analysis steps. Current examples and high interest real-time cases, largely drawn from The Wall Street Journal and Financial Times, illustrate the key role of strategic management in the United States and around the world.

Download or read book Philosophy of International Law written by Anthony Carty and published by Edinburgh University Press. This book was released on 2017-02-03 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover how philosophy is essential to the creation, development, application and study of international lawNew for this editionUpdated to cover recent developments in international law, including the 2008 world financial crisis and its effect on international economic and financial law, and the Obama administrations approach to international law in the war on terror Each chapter includes suggestions for further reading, including the most current sources from 2016Anthony Carty tracks the development of the foundations of the philosophies of international law, covering the natural, analytical, positivist, realist and postmodern legal traditions. You'll learn how these approaches were first conceived and how they shape the network of relationships between the signatories of international law.Key featuresExplores four areas: contemporary uncertainties; personality in international law; the existence of states and the use of force; and international economic/financial lawThe historical introduction gives you an overview of the development of the philosophy of international law, from late-scholastic natural law to the gradual dominance of legal positivism, and to the renewed importance of natural law theory in legal philosophy todayRevises the agenda for international lawyers: from internal concerns with the discipline itself outwards to the challenges of international society

Download or read book The Seven Deadly Sins of Sales written by Leigh Brown and published by . This book was released on 2020-08 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book TOPGUN on Wall Street written by Lieutenant Commander Jeffery Lay and published by Vanguard. This book was released on 2012-05-01 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: TOPGUN on Wall Street chronicles one man’s extraordinary journey from the cornfields of Ohio, to the cockpit of an F-14, to the boardrooms on Wall Street. Lieutenant Commander Jeffery Lay and #1 New York Times bestselling author Patrick Robinson bring a provocative, ground-breaking voice to the business landscape with a revolutionary answer for stabilizing corporate America: business—the military way. As a TOPGUN fighter pilot, Lieutenant Commander Lay perfected a tried-and-true military technique: PLAN –BRIEF – EXECUTE –DEBRIEF However, when he retired from active duty in 2006 and went to work for a subsidiary of the ill-fated Lehman Brothers, he noticed that everything about the business world was different: less efficient, awash with excuses for failure, allowance of men with tricky morals to rise to the top, self-gain overshadowing teamwork, and a devastating lack of accountability. With such deeply rooted flaws, is corporate America doomed for perpetual failure? Answer: Not if we put admirals in charge and adopt the military’s tight chain of command. This game-changing thesis is interwoven with Lieutenant Commander Lay’s dramatic story, including his high-intensity strike fighter aircraft landings, never-before-written details of the United States Navy Fighter Weapons School (TOPGUN), and his heart-breaking, humbling, and inspirational battle with cancer at the peak of his military career. TOPGUN on Wall Street is written by a leader determined to show the business world that excellence is a choice and perfection is attainable.