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Wall Street: A History : From Its Beginnings to the Fall of Enron
Release Date: March, 2004
Publisher: Oxford University Press
In the seven years since the publication of the first edition of Wall Street, America's financial industry has undergone a series of wrenching events that have dramatically changed the nation's economic landscape. The bull market of the 1990's came to a close, ushering in the end of the dot com boom, a record number of mergers occurred, and accounting scandals in companies like Enron and WorldCom shook the financial industry to its core. In this wide-ranging volume, financial historian Charles Geisst provides the first history of Wall Street, explaining how a small, concentrated pocket of lower Manhattan came to have such enormous influence in national and world affairs. In this updated edition, Geisst sums up the recent turbulence that has threatened America's financial industry. He shows how in 1997 thirty NASDAQ market makers paid a record $1.3 billion fine for price irregularities in stocks. He makes sense of the closing of the bull market, and explains a major change in the accounting rules for mergers that caused monumental losses for companies like AOL Time Warner. And he recounts how in the aftermath of the speculative fever that swept Wall Street in the 1990's, the scandals at Enron, Tyco, Worldcom, and Conseco represent a last gasp of mergermania and a fallout from a bubble-like market. Wall Street is at once the story of the street itself, from the days when the wall was merely a defensive barricade built by Peter Stuyvesant, to the modern billion-dollar computer-driven colossus of today. In a broader sense it is an engaging economic history of the United States, the role Wall Street played in making America the most powerful economy in the world, and the many challenges to that role it has faced in recent years.
||Oxford University Press
||1.2 x 6.1 x 9.1 in.
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Would you pls help me to contact with the author?
Posted by Guo Hao on 3/6/2000
I am the translator of your "Investment Banking in the Financial System" Chinese Edition.Hope to contact with you directly.
Would you pls send me mail at firstname.lastname@example.org or email@example.com when you read this mail?
Best Regards. Guo Hao
Would you believe it all started under a tree?
Posted by Anonymous on 8/15/2002
Traders met under a tree in the beginning to trade securities, that's about it. Later, the securities were being traded on the "curb", then indoors, and eventually it became the global market that we know today. You will learn about the progress of the market, the booms, the busts, the market "breaks" and the recessions and depressions that followed.
This book is a complete history of investing in the US: Interested in the history of trading? Interested in the history of corporate debt (short-term securities, bonds, etc.)? Interested in how the US was funded to become the World power it is today? Interested in issues like program trading and market volatility? This book discusses all of these and many more, including the people, thinking, and developments that have made the market what it is today.