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The Failure of Wall Street: How and Why Wall Stree

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最低价：￥225.00

定价：￥269.50

作者：Erik Banks 著

出版社：Palgrave Macmillan

出版时间：2004-09-18

I S B N：9781403964021

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The Failure of Wall Street: How and Why Wall Stree

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225.00元

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"This is a sobering expose of the dark side of the financial industry, written in an absorbing style by a Wall Street veteran who knows where the bodies are buried. Ignoring this book may be hazardous to your wealth!"-- Andrew W. Lo, author of A Non-Random Walk Down Wall Street, Director, MIT Laboratory for Financial Engineering, MIT Sloan School of Management

内容简介

all Street stands alone as America s preeminent finan-cial institution, serving the world s largest economy s needs for capital, risk management, and advising. Why then does it continue to fail in these roles so miserably? Through personal experiences and anecdotes, Erik Banks shows how Wall Street continues to make mistakes in raising capital, granting corporate and personal advice, managing risk, and acting as a trusted fiduciary. All is not lost, however. There are ways to address these problems, and The Failure of Wall Street explains what they are. By fostering greater deregulation and competition, creating more transparency, and implementing stronger oversight procedures, it is possible to stem the tide of failures. These solutions, while not quick, easy, or cheap to implement, will help make Wall Street become the sound, consistent, and efficient financial expert it is meant to be, making this book a must read for anyone concerned about a healthy financial future.