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Author: Richard Bookstaber Publisher: Wiley ISBN: 9780470393758 Category : Business & Economics Languages : en Pages : 304
Book Description
Inside markets, innovation, and risk Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street–from Morgan Stanley to Salomon and Citigroup–and a member of some of the world’s largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man’s attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.
Author: Richard Bookstaber Publisher: Wiley ISBN: 9780470393758 Category : Business & Economics Languages : en Pages : 304
Book Description
Inside markets, innovation, and risk Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street–from Morgan Stanley to Salomon and Citigroup–and a member of some of the world’s largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man’s attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.
Author: Richard Bookstaber Publisher: Princeton University Press ISBN: 0691191859 Category : Business & Economics Languages : en Pages : 236
Book Description
An in-depth look at how to account for the human complexities at the heart of today’s financial system Our economy may have recovered from the Great Recession—but not our economics. The End of Theory discusses why the human condition and the radical uncertainty of our world renders the standard economic model—and the theory behind it—useless for dealing with financial crises. What model should replace it? None. At least not any version we’ve been using for the past two hundred years. Richard Bookstaber argues for a new approach called agent-based economics, one that takes as a starting point the fact that we are humans, not the optimizing automatons that standard economics assumes we are. Sweeping aside the historic failure of twentieth-century economics, The End of Theory offers a novel perspective and more realistic framework to help prevent today's financial system from blowing up again.
Author: Michael Fullan Publisher: Corwin Press ISBN: 1544317964 Category : Education Languages : en Pages : 185
Book Description
Develop equity, excellence, and well-being across the whole system! The world is troubled! We need to combine a moral imperative and a system transformation to survive for the better. Education is crucial to our future but needs to play a more direct role in shaping our future. The Devil is in the Details shows how we can re-think the education system and its three levels of leadership—local, middle, and top—so that each level can contribute to dramatic turnaround for education and society. The focus is on examining details to ensure effective actions are taken, rather than assuming large pronouncements and policies will drive change. Readers will find: • Details and analysis about successful systems in California, Ontario, and Australia • Ideas for how leaders at all levels can take steps to begin • Vignettes, actions and strategies that illustrate how to address equity, excellence and well-being With the goal of transforming the culture of learning to develop greater equity, excellence, and student wellbeing, this book will help you liberate the system and maintain focus.
Author: Peter V. Brett Publisher: Del Rey ISBN: 1984817094 Category : Fiction Languages : en Pages : 752
Book Description
An epic fantasy adventure set in the beloved world of the Demon Cycle, following a new generation of heroes, from New York Times bestselling author Peter V. Brett “Heart-wrenching, smart, and modern . . . The Desert Prince has set a new standard for fantasy.”—Wesley Chu, #1 New York Times bestselling author of The War Arts Saga Fifteen years have passed since the end of the war with demons, creatures of darkness who have hunted the night and plagued humanity since time out of mind. The heroes of humanity’s hour of need have become legend, and those who remain struggle to escape their shadows. Olive Paper and Darin Bales have grown up in this new peaceful world. Demons have been all but destroyed, but dangers still lurk for the children of heroes. Olive, princess of Hollow, has her entire life planned out by her mother, Duchess Leesha Paper: a steady march on a checklist to prepare her for succession. The more her mother writes the script, the more Olive rails against playing the parts she is assigned. Darin faces challenges of a different kind. Though free to choose his own path, the weight of legacy hangs heavy around his shoulders. It isn’t easy being the son of the man people say saved the world. Everyone expects greatness from Darin, but the only thing he’s ever been great at is hiding. When Olive and Darin step across the wards one night, they learn the demons are not all gone, and those that remain hunger for revenge. Events are set in motion that only prophecy can foresee as Olive and Darin seek to find their own places in the world in time to save it again.
Author: Rob Shapiro Publisher: Dundurn ISBN: 1459746775 Category : Young Adult Fiction Languages : en Pages : 206
Book Description
A hell-bound fantasy starring demons, damsels, and an unlikely hero. “A fast-paced, page-turning adventure built out of a strikingly original mythology. Eerie, surprising, and a lot of fun.” — Elan Mastai, author of All Our Wrong Todays Sixteen-year-old Sam Sullinger lives in the shadow of adolescence. He's lost among his overachieving siblings, constantly knocked down by his harsh father, and bullied daily. His only solace is his best friend and crush, Harper. In a grand plan designed to help him confess his love to Harper, Sam accidentally sets off a series of events that lead to her being kidnapped and taken to Hell. Racked with guilt, Sam makes a bold decision for the first time in his life: he’s going to rescue his only friend. Sam is thrust into a vivid world fraught with demons, vicious beasts, and a falling city. And every leg of his journey reminds him that he isn’t some brave knight on a quest — he’s an insecure teenager yearning to make his mark on at least one world.
Author: C. C. Finlay Publisher: Random House of Canada ISBN: 9780345503923 Category : Fiction Languages : en Pages : 391
Book Description
When a powerful demon, summoned by the secret society of European witches known as the Covenant, tries to possess their newborn infant, Proctor and Deborah, embarking on a desperate journey to Europe to destroy the Covenant, uncover a dark, necromantic design of epic proportions. Original.
Author: Kirk Northington Publisher: John Wiley & Sons ISBN: 0470522305 Category : Business & Economics Languages : en Pages : 480
Book Description
A framework for creating volatility-based technical analysis and trading it for profit Volatility-Based Technical Analysis bridges the advantage gap between resource rich institutions and individual traders. It is a no-calculus, plain-English text that reveals original, highly technical, mathematical-based volatility indicators, complete with MetaStock® and TradeStation® code. With this in hand, any trader can "trade the invisible" by seeing a hidden mathematical structure on the price chart. Author Kirk Northington reveals his proprietary volatility indicators that serve as a market early warning system. Northington extensively teaches you how to build your own indicators, test them, and incorporate your original components into your specific trading methods. Walks traders through the mathematical techniques needed to create indicators that fit their own style Illustrates volatility-based entries and exits with over 170 descriptive chart examples Introduces two new concepts in technical analysis: Volatility Shift and PIV Written with the serious trader in mind, Volatility-Based Technical Analysis has what you need to successfully trade today's institutionally dominated markets.
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities, Insurance, and Investment Publisher: ISBN: Category : Business & Economics Languages : en Pages : 108
Author: United States. Congress. House. Committee on Oversight and Government Reform Publisher: ISBN: Category : Business & Economics Languages : en Pages : 204
Author: Jeff Madrick Publisher: Vintage ISBN: 0307596710 Category : Business & Economics Languages : en Pages : 482
Book Description
A vividly told history of how greed bred America’s economic ills over the last forty years, and of the men most responsible for them. As Jeff Madrick makes clear in a narrative at once sweeping, fast-paced, and incisive, the single-minded pursuit of huge personal wealth has been on the rise in the United States since the 1970s, led by a few individuals who have argued that self-interest guides society more effectively than community concerns. These stewards of American capitalism have insisted on the central and essential place of accumulated wealth through the booms, busts, and recessions of the last half century, giving rise to our current woes. In telling the stories of these politicians, economists, and financiers who declared a moral battle for freedom but instead gave rise to an age of greed, Madrick traces the lineage of some of our nation’s most pressing economic problems. He begins with Walter Wriston, head of what would become Citicorp, who led the battle against government regulation. He examines the ideas of economist Milton Friedman, who created the plan for an anti-Rooseveltian America; the politically expedient decisions of Richard Nixon that fueled inflation; the philosophy of Alan Greenspan, on whose libertarian ideology a house of cards was built on Wall Street; and the actions of Sandy Weill, who constructed the largest financial institution in the world, which would have gone bankrupt in 2008 without a federal bailout of $45 billion. Significant figures including Ivan Boesky, Michael Milken, Jack Welch, and Ronald Reagan play key roles as well. Intense economic inequity and instability is the story of our age, and Jeff Madrick tells it with style, clarity, and an unerring command of his subject.
Author: Richard Bookstaber
Author: Richard Bookstaber
Author: Richard Bookstaber
Author: Michael Fullan
Author: Peter V. Brett
Author: Rob Shapiro
Author: C. C. Finlay
Author: Kirk Northington
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities, Insurance, and Investment
Author: United States. Congress. House. Committee on Oversight and Government Reform
Author: Jeff Madrick