The Money Changers

The Money Changers PDF

Author: Upton Sinclair

Publisher: Courier Corporation

Published: 2012-03-13

Total Pages: 194

ISBN-13: 0486121968

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Originally published in 1908, this cautionary novel from the author of The Jungle explores corruption within the American system as a group of power brokers joins forces for personal gain, triggering a crash on Wall Street.

The Moneychangers

The Moneychangers PDF

Author: Arthur Hailey

Publisher: Open Road Media

Published: 2014-05-13

Total Pages: 451

ISBN-13: 1480490032

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The #1 bestselling author of the blockbuster thrillers Airport and Hotel takes on the world of high finance: “Cliched, lurid and utterly absorbing” (Philip Hensher, The Guardian). Ben Roselli, president of First Mercantile American Bank and grandson of the founder, makes the shocking announcement that he’s dying. With no offspring to inherit the company, Roselli knows that executive VPs Roscoe Heyward and Alex Vandervoort are the obvious candidates to succeed him. Heyward, who has been with First Mercantile for two decades, will do whatever it takes to bring in new clients and win the coveted presidency. Vandervoort, a newcomer from the Federal Reserve with a left-wing girlfriend, advocates for a socially responsible plan of growth. And now the discovery of counterfeit cash and credit card fraud threatens the future of the bank itself. From the day-to-day business dealings to the inner sanctums of the money trading center and the boardroom, Hailey’s novel is a riveting tale of ambition, greed, and the US banking system.

Wall Street Under Oath: The Story of Our Modern Money Changers

Wall Street Under Oath: The Story of Our Modern Money Changers PDF

Author: Ferdinand Pecora

Publisher: Graymalkin Media

Published: 2014-10-10

Total Pages: 165

ISBN-13: 1631680064

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Ferdinand Pecora investigated with ruthlessly abandon the nation’s most influential bankers and stockbrokers to determine what caused the Wall Street Crash of 1929, which in turn led to the Great Depression. Pecora, as Chief Counsel of Senate launched investigation, shined a vivid light on the shocking practices, deception, and lack of ethics that permeated Wall Street from the bottom to the highest echelons of power. Wall Street’s major players thought they were untouchable masters of their domain, but in the hot seat of the witness chair, eye-to-eye with Pecora, they were no match and fell like dominoes. The mighty J. P. Morgan was forced to admit he and many of his partners hadn’t paid any income taxes in the previous two years and his reputation was tarnished. Pecora’s expose of the practices of National City Bank (now Citibank) made banner headlines and caused the bank’s president to resign. Pecora Wall Street Under Oath in easy to understand language because he was afraid the public might get forgetful. And he was right. Federal Reserve Chairman Ben Bernanke said the 2008 “Great Recession” was actually worse than the Great Depression. Clearly, we need to stay vigilant with a refresher course from Ferdinand Pecora. First published in 1939, this classic book is as relevant today as it was then – because on Wall Street, greed is always in style.

The Money Changers

The Money Changers PDF

Author: Robert G. Williams

Publisher: Zed Books Ltd.

Published: 2013-07-04

Total Pages: 369

ISBN-13: 1848137362

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At almost $2 trillion per day in trades, currency markets vitally link the world together. Yet few people understand how they work and why they are prone to instability and bouts of panic. This book takes the reader behind the scenes on a tour of the places, the machines, the circuitry and the people involved in moving world money. This journey begins as a traveler removes foreign currency from an ATM machine in Istanbul. The author guides us from the periphery of the market into its neural centers in financial hubs such as London and New York. Currency traders, market analysts, money managers and payments systems architects show their workplaces and reveal their day-to-day experiences in this unpredictable and rapidly evolving world. The experts interviewed may use unfamiliar terms, but the logical progression of the chapters and participants' stories told in workplace settings bring abstract concepts down to earth. After completing the tour, the reader will have a clear picture of the geographical and structural organization of global currency markets and the people who run them. This vision of a volatile, evolving structure will provide a useful framework for deciphering the complex causes of yet unforeseen financial events.

Follow the Money

Follow the Money PDF

Author: Sarah Reckhow

Publisher: Oxford University Press

Published: 2013-01-17

Total Pages: 234

ISBN-13: 0199937737

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Some of the nation's wealthiest philanthropies, including the Bill and Melinda Gates Foundation, the Walton Family Foundation, and the Broad Foundation have invested hundreds of millions of dollars in education reform. With vast wealth and a political agenda, these foundations have helped to reshape the reform landscape in urban education. In Follow the Money, Sarah Reckhow shows where and how foundation investment in education is occurring and presents in-depth analysis of the effects of these investments within the two largest urban districts in the United States: New York City and Los Angeles. In New York City, centralized political control and the use of private resources have enabled rapid implementation of reform proposals. Yet this potent combination of top-down authority and outside funding also poses serious questions about transparency, responsiveness, and democratic accountability in New York. Furthermore, the sustainability of reform policies is closely linked to the political fortunes of the current mayor and his chosen school leader. While the media has highlighted the efforts of drastic reformers and dominating leaders such as Joel Klein in New York City and Michelle Rhee in Washington, D.C., a slower, but possibly more transformative, set of reforms have been taking place in Los Angeles. These reforms were also funded and shaped by major foundations, but they work from the bottom up, through charter school operators managing networks of schools. This strategy has built grassroots political momentum and demand for reform in Los Angeles that is unmatched in New York City and other districts with mayoral control. Reckhow's study of Los Angeles's education system shows how democratically responsive urban school reform could occur-pairing foundation investment with broad grassroots involvement. Bringing a sharp analytical eye and a wealth of evidence to one of the most politicized issues of our day, Follow the Money will reshape our thinking about educational reform in America.

Counting Money and Making Change

Counting Money and Making Change PDF

Author: Nancy Lobb

Publisher: Walch Publishing

Published: 2000

Total Pages: 70

ISBN-13: 9780825139444

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This book will help students recognize coins and common bills. It includes activities in counting amounts in different combinations and making change. Also, supplies teacher materials that include reinforcement activities, a pretest, and a posttest.

The Money Changers

The Money Changers PDF

Author: David Boyle

Publisher: Earthscan

Published: 2002

Total Pages: 296

ISBN-13: 9781853838958

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The common sense view of "money" as a natural and unchanging economic fact is, in reality, a product of contemporary society. Indeed, ever since money was invented there has been fierce debate about its political, economic and ethical character, and a continued discourse, involving academics, political theorists and social reformers, on the best ways to create money, the most effective rules for governing its use, and even the potential benefits of its abolition. Recent years have seen an increasingly powerful resurgence of interest in fundamentally changing national and global systems of currency and in controlling the monetary trends -- the booms and busts of the globalized economy -- that affect all aspects of our lives. Yet few realize that these objections have deep roots and a rich tradition. "The Money Changers" is a unique collection of historical and contemporary thought on the nature of money, combining the political and polemical, the analytical and the visionary. It draws on a wealth of expertise and experience, from the impassioned treatises of reformers such as William Morris, via the mainstream economics of John Maynard Keynes and Friedrich Hayek, to the entrepreneurial insight of social activists such as Edgar Cahn and George Soros. This book is a timely guide to the key ideas and ideologues in a fast-moving debate on our economic and social future and will prove informative, enlightening and entertaining for academics and general readers alike.

Money, Myths, and Change

Money, Myths, and Change PDF

Author: M.V. Lee Badgett

Publisher: University of Chicago Press

Published: 2003-11

Total Pages: 318

ISBN-13: 9780226034010

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How does the standard of living of gay men and lesbians compare with that of heterosexuals? Do homosexuals make financial and family decisions differently? Why are the professional lives of gay men and lesbians dissimilar from those of heterosexuals? Or do they even differ? Have gay people benefited from the recent economic boom? Or have public policies denied them their fair share? Money, Myths, and Change provides new answers to these complex questions. This is the first comprehensive work to explore the economic lives of gays and lesbians in the United States. M. V. Lee Badgett weaves through and debunks common stereotypes about gay privilege, income, and consumer behavior. Studying the ends and means of gay life from an economic perspective, she disproves the assumption that gay men and lesbians are more affluent than heterosexuals, that they inspire discrimination when they come out of the closet, that they consume more conspicuously, that they enjoy a more self-indulgent, even hedonistic lifestyle. Badgett gets to the heart of these misconceptions through an analysis of the crucial issues that affect the livelihood of gay men and lesbians: discrimination in the workplace, denial of health care benefits to domestic partners and children, lack of access to legal institutions such as marriage, the corporate wooing of gay consumer dollars, and the use of gay economic clout to inspire social and political change. Both timely and readable, Money, Myths, and Change stands as a much-needed corrective to the assumptions that inhibit gay economic equality. It is a definitive work that sheds new light on just what it means to be gay or lesbian in the United States.

Game Changers

Game Changers PDF

Author: Henrik M. Schatzinger

Publisher: Rowman & Littlefield

Published: 2020-02-03

Total Pages: 257

ISBN-13: 1538136198

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The first book of its kind to provide an accessible overview of the changes Citizens United brought to political campaigns and political representation, it combines rigorous academic research with many examples of ongoing trends from the campaign trail. Even though campaign finance involves complex legal issues, the book is set up to be engaging for both students of political campaigns and American politics, as well as civically engaged citizens who want to learn more about outside groups and their impact on campaigns and public policy. The book makes the case that Super PACs and dark money groups qualify as game changers of political campaigns not only because of what these groups can do independently from candidates and their increasing ability to match or even exceed candidates’ financial resources, but because their actions influence the political incentives and strategies of candidates and political parties. We also point out evidence that those changes go beyond campaigns—they affect how legislators represent their constituents; how donors put pressure on lawmakers to adopt certain legislation after outside groups supported them; how the regulatory environment can benefit donors as a result of actions taken by federal agencies to repeal or dismantle existing laws; and how extreme positions by politicians can be incentivized and progress stalled when megadonors and outside groups reward political ideologues. Our hope is that this text inspires readers to draw their own conclusions about the effects the U.S. Supreme Court’s Citizens United decision has had and continues to have on the inner workings of American democracy. Some may even feel moved to take action that will empower ordinary citizens who want to have more of a voice in the democratic process. Given the high stakes associated with elections and the political changes they can bring due to the highly polarized political environment we live in, we believe that this book will add value to not only courses focusing on campaigns, elections, interest groups, and political communication, but also other courses such as introductory American Government courses.