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A First-Class Catastrophe

A First-Class Catastrophe PDF Author: Diana B. Henriques
Publisher: Henry Holt
ISBN: 1627791647
Category : Business & Economics
Languages : en
Pages : 416

Book Description
"The definitive account of the crash of 1987, a cautionary tale of how the U.S. financial system nearly collapsed ... Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell 22.6 percent--almost twice as bad as the worst day of 1929--equal to a loss of nearly 5,000 points today. But Black Monday was more than just a one-day market crash; it was seven years in the making and threatened the entire U.S. financial system. Drawing on superlative archival research and dozens of original interviews, the award-winning financial journalist Diana B. Henriques weaves a tale of ignored warnings, market delusions, and destructive decisions, a drama that stretches from New York and Washington to Chicago and California. Among the central characters are pension fund managers, bank presidents, government regulators, exchange executives, and a pair of university professors whose bright idea for reducing risk backfires with devastating consequences. As the story hurtles toward a terrible reckoning, the players struggle to avoid a national panic, and unexpected heroes step in to avert total disaster. For thirty years, investors, bankers, and regulators have failed to heed the lessons of Black Monday. But with uncanny precision, all the key fault lines of the devastating crisis of 2008--breakneck automation, poorly understood financial products fueled by vast amounts of borrowed money, fragmented regulation, gigantic herdlike investors--were first exposed as hazards in 1987. A First-Class Catastrophe offers a new way of looking not only at the past but at our financial future as well."--Dust jacket.

A First-Class Catastrophe

A First-Class Catastrophe PDF Author: Diana B. Henriques
Publisher: Henry Holt
ISBN: 1627791647
Category : Business & Economics
Languages : en
Pages : 416

Book Description
"The definitive account of the crash of 1987, a cautionary tale of how the U.S. financial system nearly collapsed ... Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell 22.6 percent--almost twice as bad as the worst day of 1929--equal to a loss of nearly 5,000 points today. But Black Monday was more than just a one-day market crash; it was seven years in the making and threatened the entire U.S. financial system. Drawing on superlative archival research and dozens of original interviews, the award-winning financial journalist Diana B. Henriques weaves a tale of ignored warnings, market delusions, and destructive decisions, a drama that stretches from New York and Washington to Chicago and California. Among the central characters are pension fund managers, bank presidents, government regulators, exchange executives, and a pair of university professors whose bright idea for reducing risk backfires with devastating consequences. As the story hurtles toward a terrible reckoning, the players struggle to avoid a national panic, and unexpected heroes step in to avert total disaster. For thirty years, investors, bankers, and regulators have failed to heed the lessons of Black Monday. But with uncanny precision, all the key fault lines of the devastating crisis of 2008--breakneck automation, poorly understood financial products fueled by vast amounts of borrowed money, fragmented regulation, gigantic herdlike investors--were first exposed as hazards in 1987. A First-Class Catastrophe offers a new way of looking not only at the past but at our financial future as well."--Dust jacket.

Black Monday

Black Monday PDF Author: Tim Metz
Publisher: Beard Books
ISBN: 9781587982149
Category : Business & Economics
Languages : en
Pages : 272

Book Description
Detailed reading about the events and factors involved in the devastating stock market crash of October 19, 1987.

Black Monday and the Future of Financial Markets

Black Monday and the Future of Financial Markets PDF Author: Robert J. Barro
Publisher: Irwin Professional Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 422

Book Description


The Cure for Catastrophe

The Cure for Catastrophe PDF Author: Robert Muir-Wood
Publisher: Basic Books
ISBN: 0465096476
Category : Nature
Languages : en
Pages : 370

Book Description
We can't stop natural disasters but we can stop them being disastrous. One of the world's foremost risk experts tells us how. Year after year, floods wreck people's homes and livelihoods, earthquakes tear communities apart, and tornadoes uproot whole towns. Natural disasters cause destruction and despair. But does it have to be this way? In The Cure for Catastrophe, global risk expert Robert Muir-Wood argues that our natural disasters are in fact human ones: We build in the wrong places and in the wrong way, putting brick buildings in earthquake country, timber ones in fire zones, and coastal cities in the paths of hurricanes. We then blindly trust our flood walls and disaster preparations, and when they fail, catastrophes become even more deadly. No society is immune to the twin dangers of complacency and heedless development. Recognizing how disasters are manufactured gives us the power to act. From the Great Lisbon Earthquake of 1755 to Hurricane Katrina, The Cure for Catastrophe recounts the ingenious ways in which people have fought back against disaster. Muir-Wood shows the power and promise of new predictive technologies, and envisions a future where information and action come together to end the pain and destruction wrought by natural catastrophes. The decisions we make now can save millions of lives in the future. Buzzing with political plots, newfound technologies, and stories of surprising resilience, The Cure for Catastrophe will revolutionize the way we conceive of catastrophes: though natural disasters are inevitable, the death and destruction are optional. As we brace ourselves for deadlier cataclysms, the cure for catastrophe is in our hands.

Full Catastrophe Living (Revised Edition)

Full Catastrophe Living (Revised Edition) PDF Author: Jon Kabat-Zinn
Publisher: Bantam
ISBN: 0345539729
Category : Self-Help
Languages : en
Pages : 722

Book Description
The landmark work on mindfulness, meditation, and healing, now revised and updated after twenty-five years Stress. It can sap our energy, undermine our health if we let it, even shorten our lives. It makes us more vulnerable to anxiety and depression, disconnection and disease. Based on Jon Kabat-Zinn’s renowned mindfulness-based stress reduction program, this classic, groundbreaking work—which gave rise to a whole new field in medicine and psychology—shows you how to use medically proven mind-body approaches derived from meditation and yoga to counteract stress, establish greater balance of body and mind, and stimulate well-being and healing. By engaging in these mindfulness practices and integrating them into your life from moment to moment and from day to day, you can learn to manage chronic pain, promote optimal healing, reduce anxiety and feelings of panic, and improve the overall quality of your life, relationships, and social networks. This second edition features results from recent studies on the science of mindfulness, a new Introduction, up-to-date statistics, and an extensive updated reading list. Full Catastrophe Living is a book for the young and the old, the well and the ill, and anyone trying to live a healthier and saner life in our fast-paced world. Praise for Full Catastrophe Living “To say that this wise, deep book is helpful to those who face the challenges of human crisis would be a vast understatement. It is essential, unique, and, above all, fundamentally healing.”—Donald M. Berwick, M.D., president emeritus and senior fellow, Institute for Healthcare Improvement “One of the great classics of mind/body medicine.”—Rachel Naomi Remen, M.D., author of Kitchen Table Wisdom “A book for everyone . . . Jon Kabat-Zinn has done more than any other person on the planet to spread the power of mindfulness to the lives of ordinary people and major societal institutions.”—Richard J. Davidson, founder and chair, Center for Investigating Healthy Minds, University of Wisconsin–Madison “This is the ultimate owner’s manual for our lives. What a gift!”—Amy Gross, former editor in chief, O: The Oprah Magazine “I first read Full Catastrophe Living in my early twenties and it changed my life.”—Chade-Meng Tan, Jolly Good Fellow of Google and author of Search Inside Yourself “Jon Kabat-Zinn’s classic work on the practice of mindfulness to alleviate stress and human suffering stands the test of time, a most useful resource and practical guide. I recommend this new edition enthusiastically to doctors, patients, and anyone interested in learning to use the power of focused awareness to meet life’s challenges, whether great or small.”—Andrew Weil, M.D., author of Spontaneous Happiness and 8 Weeks to Optimum Health “How wonderful to have a new and updated version of this classic book that invited so many of us down a path that transformed our minds and awakened us to the beauty of each moment, day-by-day, through our lives. This second edition, building on the first, is sure to become a treasured sourcebook and traveling companion for new generations who seek the wisdom to live full and fulfilling lives.”—Diana Chapman Walsh, Ph.D., president emerita of Wellesley College

Penny Dreadful is a Complete Catastrophe

Penny Dreadful is a Complete Catastrophe PDF Author: Joanna Nadin
Publisher: Usborne Publishing Ltd
ISBN: 1409568245
Category : Juvenile Fiction
Languages : en
Pages : 147

Book Description
My name is not actually Penny Dreadful. It is Penelope Jones. The 'Dreadful' bit is my dad's JOKE. But it is not even true that I am dreadful... honest. You see, the DISASTER with Rooney, our class rat, might not have been such a DISASTER if it wasn't for Cosmo Moon Webster and his Amazing Maze. AND it is utterly not my fault that the Patented Burglar Trap accidentally tripped Gran over, so her bone went snap. ALSO, I only took Barry the cat to the hospital so he could revive Gran with The Power Of Pets. How was I to know it would be a Complete CATastrophe? Be prepared for three more hilarious tales of mishap, mayhem and misadventure... Penny Dreadful is back! The first book in the Penny Dreadful series, ‘Penny Dreadful is a Magnet for Disaster’, was shortlisted for the Roald Dahl Funny Prize

The Great Catastrophe of My Life

The Great Catastrophe of My Life PDF Author: Thomas E. Buckley, S.J.
Publisher: Univ of North Carolina Press
ISBN: 0807861480
Category : History
Languages : en
Pages : 361

Book Description
From the end of the Revolution until 1851, the Virginia legislature granted most divorces in the state. It granted divorces rarely, however, turning down two-thirds of those who petitioned for them. Men and women who sought release from unhappy marriages faced a harsh legal system buttressed by the political, religious, and communal cultures of southern life. Through the lens of this hostile environment, Thomas Buckley explores with sympathy the lives and legal struggles of those who challenged it. Based on research in almost 500 divorce files, The Great Catastrophe of My Life involves a wide cross-section of Virginians. Their stories expose southern attitudes and practices involving a spectrum of issues from marriage and family life to gender relations, interracial sex, adultery, desertion, and domestic violence. Although the oppressive legal regime these husbands and wives battled has passed away, the emotions behind their efforts to dissolve the bonds of marriage still resonate strongly.

Flight 232: A Story of Disaster and Survival

Flight 232: A Story of Disaster and Survival PDF Author: Laurence Gonzales
Publisher: W. W. Norton & Company
ISBN: 0393244148
Category : Transportation
Languages : en
Pages : 375

Book Description
"A richly detailed story that is equal parts heartbreaking, inspiring…and full of fascinating science…masterful." —San Francisco Chronicle As hundreds of rescue workers waited on the ground, United Airlines Flight 232 wallowed drunkenly over the bluffs northwest of Sioux City. The plane slammed onto the runway and burst into a vast fireball. The rescuers didn't move at first: nobody could possibly survive that crash. And then people began emerging from the summer corn that lined the runways. Miraculously, 184 of 296 passengers lived. No one has ever attempted the complete reconstruction of a crash of this magnitude. Drawing on interviews with hundreds of survivors, crew, and airport and rescue personnel, Laurence Gonzales, a commercial pilot himself, captures, minute by minute, the harrowing journey of pilots flying a plane with no controls and flight attendants keeping their calm in the face of certain death. He plumbs the hearts and minds of passengers as they pray, bargain with God, plot their strategies for survival, and sacrifice themselves to save others. Ultimately he takes us, step by step, through the gripping scientific detective work in super-secret labs to dive into the heart of a flaw smaller than a grain of rice that shows what brought the aircraft down. An unforgettable drama of the triumph of heroism over tragedy and human ingenuity over technological breakdown, Flight 232 is a masterpiece in the tradition of the greatest aviation stories ever told.

The Lighthouse Keeper's Catastrophe

The Lighthouse Keeper's Catastrophe PDF Author: Ronda Armitage
Publisher: Scholastic UK
ISBN: 1407151886
Category : Juvenile Fiction
Languages : en
Pages : 36

Book Description
Once there was a lighthouse keeper called Mr. Grinling. At night time he lived in a small white cottage perched high on the cliffs, and in the daytime he rowed out to his lighthouse to clean and polish the light. When Mr Grinling locks himself out of the lighthouse, he tries everything to get back inside! Available for the first time as an e-book.

Crisis, Pursued by Disaster, Followed Closely by Catastrophe

Crisis, Pursued by Disaster, Followed Closely by Catastrophe PDF Author: Mike O'Connor
Publisher: Random House
ISBN: 0307555437
Category : Biography & Autobiography
Languages : en
Pages : 304

Book Description
Throughout his childhood, Mike O’Connor’s family pretended to be normal. But Mike and his two younger sisters knew that their parents were hiding something–a secret they didn’t dare talk about. The family appeared to be no different from any of their small-town Texas neighbors–that is, until suddenly, the O’Connor’s would flee, leaving with only a few hours’ notice, abandoning houses and pets and possessions and running across the border to Mexico. For all of Mike’s adolescence, O’Connor family life alternated between relative comfort and abject poverty–sometimes within a matter of days. From living in a Texas ranch house to living in two rented rooms in an impoverished Mexican village, the O’Connors never knew what lay ahead–only that they must not draw attention to themselves. Though their parents steadfastly denied it, the children knew that something was chasing them–a past that hovered like an invisible enemy, always waiting to strike, always in pursuit. But it was not until much later, after his parents’ deaths, that Mike O’Connor, now an investigative reporter, was able to uncover the truth about his family’s past. As the secrets were unlocked one by one and the long trail of deception unfurled, Mike faced the heart-wrenching ramifications of his parents’ actions–and made a discovery that shook his family loyalty to its core. Full of incredible details of a life lived on both sides of the border, in near-poverty and near-wealth, Mike O’Connor’s account is a real-life suspense story of childhood mysteries and strange circumstances that will enthrall readers to its very end.