Download EBOOK Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...and Why They'll Take Us to the Brink Again PDF for free


Download EBOOK Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...and Why They'll Take Us to the Brink Again PDF for free Category: Business, Finance & Law
The author of the book: Suzanne McGee
Format files: PDF, EPUB, TXT, DOCX
The size of the: 594 KB
Language: English
ISBN-13: 9781400117512
Edition: Tantor Media, Inc
Date of issue: 22 June 2010

Description of the book "Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...and Why They'll Take Us to the Brink Again":

How did Wall Street become a self-serving and ultimately destructive profit machine that imploded? Wall Street's "real" job is to be our "financial utility" good financial plumbers that funnel capital to companies so the economy can expand and create jobs and also provide the means for individual investors to build portfolios that will increase personal wealth. But Wall Street went haywire and became (in Jon Stewart's words) a "bizarro" place that lost touch with most of America. Suzanne McGee provides a penetrating and disturbing look at forces that have transformed Wall Street into a risk-taking behemoth PDF that spun out of control and took the economy and millions of 401(k)s down with it. Primary among these forces was "Goldman Sachs envy." The demons that drove Richard Fuld of Lehman Brothers, Stanley O'Neil of Merrill Lynch, and the rest of Wall Street to ever-greater risk were perverse incentives and the illusion that they could make even more money than Goldman Sachs (where $11.6 billion in profits in 2007 led to an average bonus of $660,000). Firsthand reporting from veteran Wall Street journalist McGee provides riveting storytelling and a narrative that will grab both Wall Street insiders ePub and people on "Main Street." She is the perfect guide through the labyrinth that is Wall Street, which now reaches from the actual street to Greenwich-based hedge funds, investment banks, venture capitalists in Silicon Valley, the futures pits of Chicago, and sovereign wealth funds."

Download EBOOK Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...and Why They'll Take Us to the Brink Again PDF for free


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Suzanne McGee

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Download EBOOK Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...and Why They'll Take Us to the Brink Again PDF for free



Download EBOOK Chasing Goldman Sachs: How the Masters of the Universe Melted Wall Street Down...and Why They'll Take Us to the Brink Again for free

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