عرض عادي

Extreme money : the masters of the universe and the cult of risk / Satyajit Das.

بواسطة:نوع المادة : نصنصالناشر:London : Pearson Financial Times/Prentice Hall, 2011الطبعات:1st edوصف:xxi, 514 pages : illustrations ; 24 cmنوع المحتوى:
  • text
نوع الوسائط:
  • unmediated
نوع الناقل:
  • volume
تدمك:
  • 9780273723974 (pbk)
الموضوع:تصنيف مكتبة الكونجرس:
  • HG221 D257 2011
ملخص:Everything from home mortgages to climate change has become financialized, as vast fortunes are generated by individuals who build nothing of lasting value. Das shows how "extreme money" has become ever more unreal; how "voodoo banking" continues to generate massive phony profits even now; and how a new generation of "Masters of the Universe" has come to domiinate the world. This is a "tell all" book surrounding the financial disasters that most people have heard about, but only a few understand. The author provides with high energy and more metaphors than atoms in the universe the financial underpinnings that created all the financial disasters over the past five years. This includes the failure of many of the big names of finance as well as those implicated in the sub-prime mortgage diabolical. A majority financial collapses leaving investors holding the bag is outlined in this book. More importantly, the book attempts to provide the "math" or the structure of how the financial mechanisms worked to produce large virtual gains leading ultimately to literal financial bankruptcy. Extreme Money reads as a moral condemnation of bankers, brokers, traders, speculators, regulators, and elected officials. It fails to examine the other side of the coin. In this it is like a book condemning the various problems of motor vehicles without recognizing that they contributed mightily to public health by removing millions of tons of horse manure from city streets and that they contribute to prosperity and quality of life by harvesting food quickly and moving that food--still fresh--quickly from farm to consumer, by moving heavy firefighting apparatus quickly to where it is needed, by transporting the injured and sick swiftly to treatment, and by allowing people more freedom to work at jobs for which they are better suited, improving productivity and making all of us more prosperous.
المقتنيات
نوع المادة المكتبة الحالية رقم الطلب رقم النسخة حالة تاريخ الإستحقاق الباركود
كتاب كتاب UAE Federation Library | مكتبة اتحاد الإمارات General Collection | المجموعات العامة HG221 D257 2011 (إستعراض الرف(يفتح أدناه)) C.1 Library Use Only | داخل المكتبة فقط 30010000018384
كتاب كتاب UAE Federation Library | مكتبة اتحاد الإمارات General Collection | المجموعات العامة HG221 D257 2011 (إستعراض الرف(يفتح أدناه)) C.2 المتاح 30010000018361

Includes Notes.

Includes bibliographical references (pages 487-497) and index.

Everything from home mortgages to climate change has become financialized, as vast fortunes are generated by individuals who build nothing of lasting value. Das shows how "extreme money" has become ever more unreal; how "voodoo banking" continues to generate massive phony profits even now; and how a new generation of "Masters of the Universe" has come to domiinate the world. This is a "tell all" book surrounding the financial disasters that most people have heard about, but only a few understand. The author provides with high energy and more metaphors than atoms in the universe the financial underpinnings that created all the financial disasters over the past five years. This includes the failure of many of the big names of finance as well as those implicated in the sub-prime mortgage diabolical. A majority financial collapses leaving investors holding the bag is outlined in this book. More importantly, the book attempts to provide the "math" or the structure of how the financial mechanisms worked to produce large virtual gains leading ultimately to literal financial bankruptcy. Extreme Money reads as a moral condemnation of bankers, brokers, traders, speculators, regulators, and elected officials. It fails to examine the other side of the coin. In this it is like a book condemning the various problems of motor vehicles without recognizing that they contributed mightily to public health by removing millions of tons of horse manure from city streets and that they contribute to prosperity and quality of life by harvesting food quickly and moving that food--still fresh--quickly from farm to consumer, by moving heavy firefighting apparatus quickly to where it is needed, by transporting the injured and sick swiftly to treatment, and by allowing people more freedom to work at jobs for which they are better suited, improving productivity and making all of us more prosperous.

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