Author: John O. Matthews
Publisher: Oxford University Press
ISBN: 0195364147
Category : Business & Economics
Languages : en
Pages : 286
Book Description
U.S. securities firms are the most competitive in the world and are now facing challenges posed by the internationalization of securities markets. Struggle and Survival on Wall Street provides a comprehensive economic analysis of competition among securities firms. John Matthews analyzes the interaction of the industry's structure, conduct and performance. To meet the competition and the needs of their customers, he argues, firms develop new financial products, some of which become new lines of business. The most important decisions firms make concern the methods of entry into these lines of business. Those firms that successfully innovate and adapt their organizations are in the best position to deal with both domestic and international competition. The regulatory framework of the industry is vital to its growth and Matthews makes policy recommendations which urge regulators, particularly the Securities and Exchange Commission, to provide for a framework in which organizational change can take place.
Struggle and Survival on Wall Street
Author: John O. Matthews
Publisher: Oxford University Press
ISBN: 0195364147
Category : Business & Economics
Languages : en
Pages : 286
Book Description
U.S. securities firms are the most competitive in the world and are now facing challenges posed by the internationalization of securities markets. Struggle and Survival on Wall Street provides a comprehensive economic analysis of competition among securities firms. John Matthews analyzes the interaction of the industry's structure, conduct and performance. To meet the competition and the needs of their customers, he argues, firms develop new financial products, some of which become new lines of business. The most important decisions firms make concern the methods of entry into these lines of business. Those firms that successfully innovate and adapt their organizations are in the best position to deal with both domestic and international competition. The regulatory framework of the industry is vital to its growth and Matthews makes policy recommendations which urge regulators, particularly the Securities and Exchange Commission, to provide for a framework in which organizational change can take place.
Publisher: Oxford University Press
ISBN: 0195364147
Category : Business & Economics
Languages : en
Pages : 286
Book Description
U.S. securities firms are the most competitive in the world and are now facing challenges posed by the internationalization of securities markets. Struggle and Survival on Wall Street provides a comprehensive economic analysis of competition among securities firms. John Matthews analyzes the interaction of the industry's structure, conduct and performance. To meet the competition and the needs of their customers, he argues, firms develop new financial products, some of which become new lines of business. The most important decisions firms make concern the methods of entry into these lines of business. Those firms that successfully innovate and adapt their organizations are in the best position to deal with both domestic and international competition. The regulatory framework of the industry is vital to its growth and Matthews makes policy recommendations which urge regulators, particularly the Securities and Exchange Commission, to provide for a framework in which organizational change can take place.
Struggle and Survival on Wall Street
Author: John O. Matthews
Publisher: Oxford University Press, USA
ISBN: 0195050630
Category : Securities industry
Languages : en
Pages : 286
Book Description
The most important decisions firms make concern the methods of entry into these lines of business. Those firms that successfully innovate and adapt their organizations are in the best position to deal with both domestic and international competition.
Publisher: Oxford University Press, USA
ISBN: 0195050630
Category : Securities industry
Languages : en
Pages : 286
Book Description
The most important decisions firms make concern the methods of entry into these lines of business. Those firms that successfully innovate and adapt their organizations are in the best position to deal with both domestic and international competition.
Liquidated
Author: Karen Ho
Publisher: Duke University Press
ISBN: 0822391376
Category : Social Science
Languages : en
Pages : 390
Book Description
Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.
Publisher: Duke University Press
ISBN: 0822391376
Category : Social Science
Languages : en
Pages : 390
Book Description
Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.
Uninvested
Author: Bobby Monks
Publisher: Penguin
ISBN: 0698406281
Category : Business & Economics
Languages : en
Pages : 194
Book Description
Bobby Monks is blowing the whistle on Wall Street, giving middle class Americans the low down on how they’re being fleeced of their retirement money—and what they can do about it Every month our financial statements arrive, and every month we glance at them, trying to understand, hoping that we’ll come out ahead. But most of us have no idea what’s really going on or the costs involved. According to Bobby Monks—who has been a banker and borrower, investor and entrepreneur—financial firms and money managers have complicated the investing process to keep us in the dark, profiting from our ignorance. Having dealt with the financial sector throughout his career, Monks has seen it all. In Uninvested, he reveals how, when, and why the relationship between us and our money managers became corrupted—and what we can do to fix it. Monks shows how the system works not only against us as individuals but also against society at large. Without our knowledge or approval, our money is diverted into the pockets of CEOs and misappropriated, promoting business practices that contribute to economic inequality, political dysfunction, and environmental woe. Monks’ experiences give him a unique perspective on how we got to this point. Drawing on original research and interviews with key figures such as Vanguard founder Jack Bogle, legendary investor Carl Icahn, and former congressman Barney Frank of the Dodd-Frank Act, Monks teaches us how to take back ownership and control of our money. As he writes: Even in the decades preceding the most recent downturn, very few investors enjoyed financial success equal to that of their money managers. Given this, I have long wondered why investors don’t pull their money out of the system en masse. I suspect that it is because most feel powerless. Unaware of the implications of their investments and unable to penetrate the excruciating complexity of the system that facilitates them, many seem to seek refuge in their money managers’ aura of sophistication, pretense of competence, and projection of certainty. It seems to me that most investors are simply sleepwalking through the investing process. They have become uninvested. When we outsource our investing, we sacrifice control—but not responsibility. My goal in writing this book is to convince you that the best (and only) way to fix this broken system is to awaken a critical mass of engaged investors and recruit them to participate more fully in the investing process.
Publisher: Penguin
ISBN: 0698406281
Category : Business & Economics
Languages : en
Pages : 194
Book Description
Bobby Monks is blowing the whistle on Wall Street, giving middle class Americans the low down on how they’re being fleeced of their retirement money—and what they can do about it Every month our financial statements arrive, and every month we glance at them, trying to understand, hoping that we’ll come out ahead. But most of us have no idea what’s really going on or the costs involved. According to Bobby Monks—who has been a banker and borrower, investor and entrepreneur—financial firms and money managers have complicated the investing process to keep us in the dark, profiting from our ignorance. Having dealt with the financial sector throughout his career, Monks has seen it all. In Uninvested, he reveals how, when, and why the relationship between us and our money managers became corrupted—and what we can do to fix it. Monks shows how the system works not only against us as individuals but also against society at large. Without our knowledge or approval, our money is diverted into the pockets of CEOs and misappropriated, promoting business practices that contribute to economic inequality, political dysfunction, and environmental woe. Monks’ experiences give him a unique perspective on how we got to this point. Drawing on original research and interviews with key figures such as Vanguard founder Jack Bogle, legendary investor Carl Icahn, and former congressman Barney Frank of the Dodd-Frank Act, Monks teaches us how to take back ownership and control of our money. As he writes: Even in the decades preceding the most recent downturn, very few investors enjoyed financial success equal to that of their money managers. Given this, I have long wondered why investors don’t pull their money out of the system en masse. I suspect that it is because most feel powerless. Unaware of the implications of their investments and unable to penetrate the excruciating complexity of the system that facilitates them, many seem to seek refuge in their money managers’ aura of sophistication, pretense of competence, and projection of certainty. It seems to me that most investors are simply sleepwalking through the investing process. They have become uninvested. When we outsource our investing, we sacrifice control—but not responsibility. My goal in writing this book is to convince you that the best (and only) way to fix this broken system is to awaken a critical mass of engaged investors and recruit them to participate more fully in the investing process.
Wall Street to Rags and Back
Author: Lawrence McCann
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 167
Book Description
What happens when you're soaring high at the top of the stock market game and you suddenly lose everything...including your family, your home, your money, and your dignity? A thirty five year old Wall Street mogul discovers life at the other side of the looking glass when he is rendered homeless in New York City by his jealous peers. He's at the lowest of the low and is playing with the idea of suicide. Then, when it feels like all hope is lost, a chance meeting changes his life forever. A group of homeless people befriend the broken investor and start to help him get back on his feet. Inch by inch he began to crawl towards success again and leave ruin behind. There's one problem though. His old "friends" from Wall Street are still on the prowl trying to sabotage his last chance at a new beginning. Will he rise above this critical struggle and make a glorious comeback? Or will he fall miserably again at the hands of his wealthy enemies? Everything's at stake in this financial frenzy that will have you on the edge of your seat from start to finish. Find out his fate in this gripping page turner that documents one man's fight for survival against impossible odds on the frozen winter streets of Manhattan.
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 167
Book Description
What happens when you're soaring high at the top of the stock market game and you suddenly lose everything...including your family, your home, your money, and your dignity? A thirty five year old Wall Street mogul discovers life at the other side of the looking glass when he is rendered homeless in New York City by his jealous peers. He's at the lowest of the low and is playing with the idea of suicide. Then, when it feels like all hope is lost, a chance meeting changes his life forever. A group of homeless people befriend the broken investor and start to help him get back on his feet. Inch by inch he began to crawl towards success again and leave ruin behind. There's one problem though. His old "friends" from Wall Street are still on the prowl trying to sabotage his last chance at a new beginning. Will he rise above this critical struggle and make a glorious comeback? Or will he fall miserably again at the hands of his wealthy enemies? Everything's at stake in this financial frenzy that will have you on the edge of your seat from start to finish. Find out his fate in this gripping page turner that documents one man's fight for survival against impossible odds on the frozen winter streets of Manhattan.
Britain at Bay
Author: Alan Allport
Publisher: Vintage
ISBN: 1101974699
Category : History
Languages : en
Pages : 641
Book Description
From statesmen and military commanders to ordinary Britons, a bold, sweeping history of Britain's entrance into World War II—and its efforts to survive it—illuminating the ways in which the war permanently transformed a nation and its people “Might be the single best examination of British politics, society and strategy in these four years that has ever been written.” —The Wall Street Journal Here is the many-faceted, world-historically significant story of Britain at war. In looking closely at the military and political dimensions of the conflict’s first crucial years, Alan Allport tackles pressing questions such as whether the war could have been avoided, how it could have been lost, how well the British lived up to their own values, and ultimately, what difference the war made to the fate of the nation. In answering these questions, he reexamines our assumptions and paints a vivid portrait of the ways in which the Second World War transformed British culture and society. This bracing account draws on a lively cast of characters—from the political and military leaders who made the decisions, to the ordinary citizens who lived through them—in a comprehensible and compelling single history of forty-six million people. A sweeping and groundbreaking epic, Britain at Bay gives us a fresh look at the opening years of the war, and illuminates the integral moments that, for better or for worse, made Britain what it is today.
Publisher: Vintage
ISBN: 1101974699
Category : History
Languages : en
Pages : 641
Book Description
From statesmen and military commanders to ordinary Britons, a bold, sweeping history of Britain's entrance into World War II—and its efforts to survive it—illuminating the ways in which the war permanently transformed a nation and its people “Might be the single best examination of British politics, society and strategy in these four years that has ever been written.” —The Wall Street Journal Here is the many-faceted, world-historically significant story of Britain at war. In looking closely at the military and political dimensions of the conflict’s first crucial years, Alan Allport tackles pressing questions such as whether the war could have been avoided, how it could have been lost, how well the British lived up to their own values, and ultimately, what difference the war made to the fate of the nation. In answering these questions, he reexamines our assumptions and paints a vivid portrait of the ways in which the Second World War transformed British culture and society. This bracing account draws on a lively cast of characters—from the political and military leaders who made the decisions, to the ordinary citizens who lived through them—in a comprehensible and compelling single history of forty-six million people. A sweeping and groundbreaking epic, Britain at Bay gives us a fresh look at the opening years of the war, and illuminates the integral moments that, for better or for worse, made Britain what it is today.
Survival Investing
Author: John R. Talbott
Publisher: St. Martin's Press
ISBN: 113700004X
Category : Business & Economics
Languages : en
Pages : 258
Book Description
A startling look at how unsustainable debt levels, in the US and around the world, are endangering many standard investments, and what people need to know to protect their money Most individuals and institutions hold the preponderance of their investments in common stocks, corporate bonds, mutual funds, index funds, muni bonds, money markets, bank CDs, and Treasury securities. But these conventional investments will not do well in a world dominated by corrupt, debt-laden governments and thieving bankers, brokers and middlemen. Finance guru John R. Talbott, prescient predictor of the financial crisis and the housing market crash, offers a new paradigm for the coming economic reality. He shows how the recent housing collapse and global economic crisis left governments of the world with enormous annual operating deficits at a time when the banking system continues to struggle with bad debts and requires additional government guarantees and bailouts. Add the fact that growth is constrained because the first wave of the baby boom is hitting 65 and consumers are still loaded with unsustainable levels of debt, and you have a recipe for an economic catastrophe. In this uncertain atmosphere, Talbott offers clear strategies on what you can do to protect your investments and your family. Among the global dynamics covered are: *the low-wage threat of China and India *the legitimacy of gold investing *the false security of diversification *the risks of sovereign debt . . . and why most economists are missing the boat.
Publisher: St. Martin's Press
ISBN: 113700004X
Category : Business & Economics
Languages : en
Pages : 258
Book Description
A startling look at how unsustainable debt levels, in the US and around the world, are endangering many standard investments, and what people need to know to protect their money Most individuals and institutions hold the preponderance of their investments in common stocks, corporate bonds, mutual funds, index funds, muni bonds, money markets, bank CDs, and Treasury securities. But these conventional investments will not do well in a world dominated by corrupt, debt-laden governments and thieving bankers, brokers and middlemen. Finance guru John R. Talbott, prescient predictor of the financial crisis and the housing market crash, offers a new paradigm for the coming economic reality. He shows how the recent housing collapse and global economic crisis left governments of the world with enormous annual operating deficits at a time when the banking system continues to struggle with bad debts and requires additional government guarantees and bailouts. Add the fact that growth is constrained because the first wave of the baby boom is hitting 65 and consumers are still loaded with unsustainable levels of debt, and you have a recipe for an economic catastrophe. In this uncertain atmosphere, Talbott offers clear strategies on what you can do to protect your investments and your family. Among the global dynamics covered are: *the low-wage threat of China and India *the legitimacy of gold investing *the false security of diversification *the risks of sovereign debt . . . and why most economists are missing the boat.
Going All City
Author: Stefano Bloch
Publisher: University of Chicago Press
ISBN: 022649358X
Category : Biography & Autobiography
Languages : en
Pages : 212
Book Description
“We could have been called a lot of things: brazen vandals, scared kids, threats to social order, self-obsessed egomaniacs, marginalized youth, outsider artists, trend setters, and thrill seekers. But, to me, we were just regular kids growing up hard in America and making the city our own. Being ‘writers’ gave us something to live for and ‘going all city’ gave us something to strive for; and for some of my friends it was something to die for.” In the age of commissioned wall murals and trendy street art, it’s easy to forget graffiti’s complicated and often violent past in the United States. Though graffiti has become one of the most influential art forms of the twenty-first century, cities across the United States waged a war against it from the late 1970s to the early 2000s, complete with brutal police task forces. Who were the vilified taggers they targeted? Teenagers, usually, from low-income neighborhoods with little to their names except a few spray cans and a desperate need to be seen—to mark their presence on city walls and buildings even as their cities turned a blind eye to them. Going All City is the mesmerizing and painful story of these young graffiti writers, told by one of their own. Prolific LA writer Stefano Bloch came of age in the late 1990s amid constant violence, poverty, and vulnerability. He recounts vicious interactions with police; debating whether to take friends with gunshot wounds to the hospital; coping with his mother’s heroin addiction; instability and homelessness; and his dread that his stepfather would get out of jail and tip his unstable life into full-blown chaos. But he also recalls moments of peace and exhilaration: marking a fresh tag; the thrill of running with his crew at night; exploring the secret landscape of LA; the dream and success of going all city. Bloch holds nothing back in this fierce, poignant memoir. Going All City is an unflinching portrait of a deeply maligned subculture and an unforgettable account of what writing on city walls means to the most vulnerable people living within them.
Publisher: University of Chicago Press
ISBN: 022649358X
Category : Biography & Autobiography
Languages : en
Pages : 212
Book Description
“We could have been called a lot of things: brazen vandals, scared kids, threats to social order, self-obsessed egomaniacs, marginalized youth, outsider artists, trend setters, and thrill seekers. But, to me, we were just regular kids growing up hard in America and making the city our own. Being ‘writers’ gave us something to live for and ‘going all city’ gave us something to strive for; and for some of my friends it was something to die for.” In the age of commissioned wall murals and trendy street art, it’s easy to forget graffiti’s complicated and often violent past in the United States. Though graffiti has become one of the most influential art forms of the twenty-first century, cities across the United States waged a war against it from the late 1970s to the early 2000s, complete with brutal police task forces. Who were the vilified taggers they targeted? Teenagers, usually, from low-income neighborhoods with little to their names except a few spray cans and a desperate need to be seen—to mark their presence on city walls and buildings even as their cities turned a blind eye to them. Going All City is the mesmerizing and painful story of these young graffiti writers, told by one of their own. Prolific LA writer Stefano Bloch came of age in the late 1990s amid constant violence, poverty, and vulnerability. He recounts vicious interactions with police; debating whether to take friends with gunshot wounds to the hospital; coping with his mother’s heroin addiction; instability and homelessness; and his dread that his stepfather would get out of jail and tip his unstable life into full-blown chaos. But he also recalls moments of peace and exhilaration: marking a fresh tag; the thrill of running with his crew at night; exploring the secret landscape of LA; the dream and success of going all city. Bloch holds nothing back in this fierce, poignant memoir. Going All City is an unflinching portrait of a deeply maligned subculture and an unforgettable account of what writing on city walls means to the most vulnerable people living within them.
Dead Bank Walking
Author: Robert H. Smith
Publisher: OakHill Press
ISBN: 9781886939332
Category : Bank mergers
Languages : en
Pages : 0
Book Description
Smith, the former chairman and CEO of Security Pacific, recounts his desperate search for a merger partner that ended with Bank of America.
Publisher: OakHill Press
ISBN: 9781886939332
Category : Bank mergers
Languages : en
Pages : 0
Book Description
Smith, the former chairman and CEO of Security Pacific, recounts his desperate search for a merger partner that ended with Bank of America.
Living Brave
Author: Shannon Dingle
Publisher: HarperCollins
ISBN: 0062959298
Category : Biography & Autobiography
Languages : en
Pages : 240
Book Description
“Shannon’s struggle, defiance, strength, and power emanate from every page. That kind of brave can be trusted." — Glennon Doyle, #1 New York Times Bestselling Author of Untamed and Founder of Together Rising For all women looking to find “hope in a hopeless world and bravery in an age that seems to lack it,” comes a searing memoir by Shannon Dingle, a writer and disability advocate who has navigated loss, trauma, abuse, spiritual reawakening, and deep pain—and come out the other side still hopeful. Shannon Dingle has experienced more than her fair share of tragedy and trauma in her life, including surviving sexual abuse and trafficking as a child that left her with lasting disabilities and experiencing faith shifts that put her at odds with the evangelical church that had been her home. Then, in July 2019, Shannon’s husband was tragically killed by a rogue wave while the family was on vacation. The grief of the aftermath of losing her love and life partner sits at the heart of Living Brave, where Shannon’s searing, raw prose, illustrates what it looks like to take brave steps on the other side of unimaginable loss. Through each challenge, she reveals the ways she learned to walk through them to the other side, and find courage even through the darkest moments. Living Brave gives women permission to wrestle with difficult topics, to use their voice, to take a stand for justice, to honor the wisdom of their bodies, and to enact change from a place of strong faith.
Publisher: HarperCollins
ISBN: 0062959298
Category : Biography & Autobiography
Languages : en
Pages : 240
Book Description
“Shannon’s struggle, defiance, strength, and power emanate from every page. That kind of brave can be trusted." — Glennon Doyle, #1 New York Times Bestselling Author of Untamed and Founder of Together Rising For all women looking to find “hope in a hopeless world and bravery in an age that seems to lack it,” comes a searing memoir by Shannon Dingle, a writer and disability advocate who has navigated loss, trauma, abuse, spiritual reawakening, and deep pain—and come out the other side still hopeful. Shannon Dingle has experienced more than her fair share of tragedy and trauma in her life, including surviving sexual abuse and trafficking as a child that left her with lasting disabilities and experiencing faith shifts that put her at odds with the evangelical church that had been her home. Then, in July 2019, Shannon’s husband was tragically killed by a rogue wave while the family was on vacation. The grief of the aftermath of losing her love and life partner sits at the heart of Living Brave, where Shannon’s searing, raw prose, illustrates what it looks like to take brave steps on the other side of unimaginable loss. Through each challenge, she reveals the ways she learned to walk through them to the other side, and find courage even through the darkest moments. Living Brave gives women permission to wrestle with difficult topics, to use their voice, to take a stand for justice, to honor the wisdom of their bodies, and to enact change from a place of strong faith.