
BOOKS - Wall Streeters: The Creators and Corruptors of American Finance (Columbia Bus...

Wall Streeters: The Creators and Corruptors of American Finance (Columbia Business School Publishing)
Author: Edward Morris
Year: October 13, 2015
Format: PDF
File size: PDF 2.1 MB
Language: English

Year: October 13, 2015
Format: PDF
File size: PDF 2.1 MB
Language: English

]. Wall Streeters: The Creators and Corruptors of American Finance In this captivating book, Edward Morris delves into the lives and careers of fourteen influential figures who have shaped the world of high finance in America, providing an in-depth look at the evolution of technology and its impact on the industry. Beginning with J. Pierpont Morgan, who dominated the American banking system at the turn of the 20th century, and ending with Sandy Weill, whose collapse of Citigroup required the largest taxpayer bailout in history, Morris tells the story of how these individuals have transformed Wall Street from a exclusive enclave of financiers to a symbol of vast economic power. The book explores the triumphs and missteps of twelve other financial visionaries, including Charles Merrill, who introduced the small investor to the American stock market; Michael Milken, known as the "junk bond king"; Jack Bogle, who redefined the mutual fund business; Myron Scholes, who laid the groundwork for derivative securities; and Benjamin Graham, who wrote the book on securities analysis. Through their achievements and failures, Morris reveals the intricate process of technological advancements that have reshaped the modern financial landscape. As technology continues to advance at an unprecedented pace, it is essential to understand the process of its evolution and how it has influenced the world of finance.
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