Download or read book Confidence Game written by Christine S. Richard and published by John Wiley & Sons. This book was released on 2011-03-29 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: An expose on the delusion, greed, and arrogance that led to America's credit crisis The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets. Unravels the story of the credit crisis through an engaging and human drama Draws on unprecedented access to one of Wall Street's best-known investors Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster Confidence Game is a real world "Emperor's New Clothes," a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression.
Download or read book The Fundamentals of Municipal Bonds written by SIFMA and published by John Wiley & Sons. This book was released on 2011-10-25 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive new edition of the most trusted book on municipal bonds As of the end of 1998, municipal bonds, issued by state or local governments to finance public works programs, such as the building of schools, streets, and electrical grids, totaled almost $1.5 trillion in outstanding debt, a number that has only increased over time. The market for these bonds is comprised of many types of professionals—investment bankers, underwriters, traders, analysts, attorneys, rating agencies, brokers, and regulators—who are paid interest and principal according to a fixed schedule. Intended for investment professionals interested in how US municipal bonds work, The Fundamentals of Municipal Bonds, Sixth Edition explains the bond contract and recent changes in this market, providing investors with the information and tools they need to make bonds reliable parts of their portfolios. The market is very different from when the fifth edition was published more than ten years ago, and this revision reasserts Fundamentals of Municipal Bonds as the preeminent text in the field Explores the basics of municipal securities, including the issuers, the primary market, and the secondary market Key areas, such as investing in bonds, credit analysis, interest rates, and regulatory and disclosure requirements, are covered in detail This revised edition includes appendixes, a glossary, and a list of financial products related to applying the fundamentals of municipal bonds An official book of the Securities Industry and Financial Markets Association (SIFMA) With today's financial market in recovery and still highly volatile, investors are looking for a safe and steady way to grow their money without having to invest in stocks. The bond market has always been a safe haven, although confusing new bonds and bond funds make it increasingly difficult for unfamiliar investors to decide on the most suitable fixed income investments.
Download or read book The Bonds of Inequality written by Destin Jenkins and published by University of Chicago Press. This book was released on 2021-04-29 with total page 318 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indebtedness, like inequality, has become a ubiquitous condition in the United States. Yet few have probed American cities’ dependence on municipal debt or how the terms of municipal finance structure racial privileges, entrench spatial neglect, elide democratic input, and distribute wealth and power. In this passionate and deeply researched book, Destin Jenkins shows in vivid detail how, beyond the borrowing decisions of American cities and beneath their quotidian infrastructure, there lurks a world of politics and finance that is rarely seen, let alone understood. Focusing on San Francisco, The Bonds of Inequality offers a singular view of the postwar city, one where the dynamics that drove its creation encompassed not only local politicians but also banks, credit rating firms, insurance companies, and the national municipal bond market. Moving between the local and the national, The Bonds of Inequality uncovers how racial inequalities in San Francisco were intrinsically tied to municipal finance arrangements and how these arrangements were central in determining the distribution of resources in the city. By homing in on financing and its imperatives, Jenkins boldly rewrites the history of modern American cities, revealing the hidden strings that bind debt and power, race and inequity, democracy and capitalism.
Download or read book Managing Systemic Banking Crises written by Mr.Marc Quintyn and published by International Monetary Fund. This book was released on 2003-08-28 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent financial sector crises and their resolution have raised new issues and provided additional experiences to draw on in the future. Banking sector problems in Russia, Turkey, and a few Latin American countries occurred within the context of highly dollarized economies, high levels of sovereign debt, severely limited fiscal resources, or combinations thereof. These factors have challenged the effectiveness of many of the typical tools for bank resolution. This publication focuses on the issues raised in systemic crises, not on the resolution of individual bank problems. Based on the lessons learned during the Asian crisis, it updates the IMF’s work on the general principles, strategies, and techniques for managing these crises.
Download or read book Moody s Municipal Government Manual written by and published by . This book was released on 1924 with total page 2338 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bank Underwriting of Revenue Bonds written by United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Financial Institutions and published by . This book was released on 1967 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: Considers S. 1306, to permit national and state banks to underwrite and deal in municipal revenue bonds.
Download or read book To Permit National Banks to Underwrite and Deal in revenue Bonds written by United States. Congress. House. Committee on Banking and Currency and published by . This book was released on 1965 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book To Permit National Banks to Underwrite and Deal in revenue Bonds written by United States. Congress. House. Banking and Currency Committee and published by . This book was released on 1965 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Municipal Bonds Rating Regulation written by United States. Congress. House. Committee on Interstate and Foreign Commerce. Subcommittee on Consumer Protection and Finance and published by . This book was released on 1976 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Moody s Bond Survey written by and published by . This book was released on 1992 with total page 962 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes Moody's Convertible bonds.
Download or read book Commercial Bank Entry Into Revenue Bond Underwriting written by William Paul Smith and published by . This book was released on 1968 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 1955 with total page 1128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Michigan Business Reports written by and published by UM Libraries. This book was released on 1967 with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Moody s Manual of Investments and Security Rating Service written by and published by . This book was released on 1927 with total page 2380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Moody s Manual of Railroads and Corporation Securities written by and published by . This book was released on 1905 with total page 2882 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Municipal Bond Turmoil written by United States. Congress. House. Committee on Financial Services and published by . This book was released on 2008 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Moody s Manual of Industrial and Miscellaneous Securities written by and published by . This book was released on 1918 with total page 1810 pages. Available in PDF, EPUB and Kindle. Book excerpt:
