Why Wall Street Matters, Hardcover/William D. Cohan
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Numar articol:198313263
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A timely, counterintuitive defense of Wall Street and the big banks
as the invisible--albeit flawed--engines that power our ideas, and
should be made to work better for all of us Maybe you think the
banks should be broken up and the bankers should be held
accountable for the financial crisis in 2008. Maybe you hate the
greed of Wall Street but know that it's important to the proper
functioning of the world economy. Maybe you don't really understand
Wall Street, and phrases such as "credit default swap" make your
eyes glaze over. Maybe you are utterly confused by the fact that
after attacking Wall Street mercilessly during his campaign, Donald
Trump has surrounded himself with Wall Street veterans. But if you
like your smart phone or your widescreen TV, your car or your
morning bacon, your pension or your 401(k), then--whether you know
it or not--you are a fan of Wall Street. William D. Cohan is no
knee-jerk advocate for Wall Street and the big banks. He's one of
America's most respected financial journalists and the progressive
bestselling author of House of Cards. He has long been critical of
the bad behavior that plagued much of Wall Street in the years
leading up to the 2008 financial crisis, and because he spent
seventeen years as an investment banker on Wall Street, he is an
expert on its inner workings as well. But in recent years he's
become alarmed by the cheap shots and ceaseless vitriol directed at
Wall Street's bankers, traders, and executives--the people whose
job it is to provide capital to those who need it, the grease that
keeps our economy humming. In this brisk, no-nonsense narrative,
Cohan reminds us of the good these institutions do--and the dire
consequences for us all if the essential role they play in making
our lives better is carelessly curtailed. Praise for William D.
Cohan "Cohan writes with an insider's knowledge of the workings of
Wall Street, a reporter's investigative instincts and a natural
storyteller's narrative command."--The New Yo
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