Other People's Money

The Real Business of Finance

Author: John Kay

Publisher: PublicAffairs

ISBN: 1610396049

Category: Business & Economics

Page: 352

View: 9150

The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little attention to the search for new investment opportunities and the stewardship of existing ones, and far too much to secondary-market dealing in existing assets. Regulation has contributed more to the problems than the solutions. Why? What is finance for? John Kay, with wide practical and academic experience in the world of finance, understands the operation of the financial sector better than most. He believes in good banks and effective asset managers, but good banks and effective asset managers are not what he sees. In a dazzling and revelatory tour of the financial world as it has emerged from the wreckage of the 2008 crisis, Kay does not flinch in his criticism: we do need some of the things that Citigroup and Goldman Sachs do, but we do not need Citigroup and Goldman to do them. And many of the things done by Citigroup and Goldman do not need to be done at all. The finance sector needs to be reminded of its primary purpose: to manage other people’s money for the benefit of businesses and households. It is an aberration when the some of the finest mathematical and scientific minds are tasked with devising algorithms for the sole purpose of exploiting the weakness of other algorithms for computerized trading in securities. To travel further down that road leads to ruin.
Posted in Business & Economics

Other People's Money

Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made

Author: Charles V. Bagli

Publisher: Plume Books

ISBN: 0142180718

Category: Business & Economics

Page: 402

View: 8741

Documents how real estate giant Tishman Speyer and its partner, BlackRock, lost billions of investor dollars in a single failed deal and explores how the events surrounding the infamous deal reflected the ongoing real estate crisis.
Posted in Business & Economics

Other People's Money

The Corporate Mugging of America

Author: Nomi Prins

Publisher: The New Press

ISBN: 1595580638

Category: Business & Economics

Page: 342

View: 1239

The deregulation of the rules that foster responsible corporate behavior are exposed in this book, taking an inside look at the boom economy in which companies were driven to ruin through fraud and bankruptcy. Reprint.
Posted in Business & Economics

Other People's Money

The Rise and Fall of Britain's Boldest Credit Card Fraudster

Author: Neil Forsyth,Elliot Castro

Publisher: Pan Macmillan

ISBN: 0330539825

Category: Biography & Autobiography

Page: 256

View: 1646

Elliot Castro was a gifted outsider, a working-class kid with ambitions who wanted to live the high life but lacked the money to do so. Until, at the tender age of sixteen, he worked out how to use the credit card system to his advantage. Identifying the banks' security weaknesses, utilising his intelligence and charm, Elliot embarked on a massive spending spree. From London to New York, Ibiza to Beverly Hills, he lived the fantasy life, staying in famous hotels, flying first class, blowing a fortune on designer clothes. Time and time again Elliot managed to wriggle free of the numerous authorities who were on his tail, while his life spiralled out of control. Meanwhile, from a police station at Heathrow, a detective was patiently tracking him down . . . With a likeable hero, filled with humour and as fast-paced as a thriller, Other People's Money is crime writing at its best. 'A fascinating and illuminating story' Irvine Welsh 'Exhilarating Brit variation on Catch Me if You Can, which never misses an opportunity to up the sweaty-palmed suspense' Arena
Posted in Biography & Autobiography

Other People's Money

Author: Justin Cartwright

Publisher: Bloomsbury Publishing

ISBN: 1408821699

Category: Fiction

Page: 272

View: 4902

The Trevelyan family is in grave trouble. Their private bank of Tubal & Co. is in on the verge of collapsing. It's not the first time in its three-hundred-and-forty year history, but it may be the last. A sale is under way, and a number of important facts need to be kept hidden, not only from the public, but also from Julian Trevelyan-Tubal's deeply traditional father, Sir Harry, who is incapacitated in the family villa in Antibes. Great families, great fortunes and even greater secrets collide in this gripping, satirical and acutely observed story of our time
Posted in Fiction

Using Other People's Money to Get Rich

Secrets, Techniques, and Strategies Investors Use Every Day Using OPM to Make Millions

Author: Desiree Smith-Daughety

Publisher: Atlantic Publishing Company

ISBN: 1601382146

Category: Business & Economics

Page: 288

View: 7872

Using other people s money is becoming an increasingly common practice. In fact, you have probably used other people s money at some point without even realizing it. Even Donald Trump used other people's money to finance his investments. Now, with this book, you too can knowingly use other people's money to increase your wealth. Using other people s money, or OPM, can be a risky strategy, but Using Other's People Money to Get Rich will show you how to downplay the risks, avoid the common pitfalls, and minimize your costs. You will learn about various sources of OPM, including lending institutions, venture capitalists, angel investors, the federal government, investment banks, savings and loan associations, insurance companies, and credit unions. You will also learn how to meet the source's investment criteria, which will help ensure that you acquire OPM for your needs. In addition, you will become knowledgeable about the benefits of using OPM, debt and equity transactions, performing due diligence and research, the short- and long-term costs, and securities laws. You will also learn how to use OPM to pay off debts and invest in paper assets, the stock market, rental properties, and part-time, home-based, or Web-based businesses. We spent hours interviewing investors to learn how they used OPM to make money, and here, we provide you with all the secrets, techniques, and strategies you need to know in order to make millions. Atlantic Publishing is a small, independent publishing company based in Ocala, Florida. Founded over twenty years ago in the company presidentâe(tm)s garage, Atlantic Publishing has grown to become a renowned resource for non-fiction books. Today, over 450 titles are in print covering subjects such as small business, healthy living, management, finance, careers, and real estate. Atlantic Publishing prides itself on producing award winning, high-quality manuals that give readers up-to-date, pertinent information, real-world examples, and case studies with expert advice. Every book has resources, contact information, and web sites of the products or companies discussed.
Posted in Business & Economics

Other People's Money

The Ultimate Seduction

Author: Jerry Sterner

Publisher: Hal Leonard Corporation

ISBN: 1557830622

Category: Drama

Page: 88

View: 9337

This play concerns the intended hostile take-over of a deserving but obsolescent Rhode Island family business ... --dust jacket.
Posted in Drama

Other People's Money

How Banking Worked in the Early American Republic

Author: Sharon Ann Murphy

Publisher: JHU Press

ISBN: 1421421747

Category: Business & Economics

Page: 208

View: 6095

Pieces of paper that claimed to be good for two dollars upon redemption at a distant bank. Foreign coins that fluctuated in value from town to town. Stock certificates issued by turnpike or canal companies—worth something... or perhaps nothing. IOUs from farmers or tradesmen, passed around by people who could not know the person who first issued them. Money and banking in antebellum America offered a glaring example of free-market capitalism run amok—unregulated, exuberant, and heading pell-mell toward the next "panic" of burst bubbles and hard times. In Other People’s Money, Sharon Ann Murphy explains how banking and money worked before the federal government, spurred by the chaos of the Civil War, created the national system of US paper currency. Murphy traces the evolution of banking in America from the founding of the nation, when politicians debated the constitutionality of chartering a national bank, to Andrew Jackson’s role in the Bank War of the early 1830s, to the problems of financing a large-scale war. She reveals how, ultimately, the monetary and banking structures that emerged from the Civil War also provided the basis for our modern financial system, from its formation under the Federal Reserve in 1913 to the present. Touching on the significant role that numerous historical figures played in shaping American banking—including Alexander Hamilton, James Madison, Benjamin Franklin, Henry Clay, Daniel Webster, and Louis Brandeis— Other People’s Money is an engaging guide to the heated political fights that surrounded banking in early America as well as to the economic causes and consequences of the financial system that emerged from the turmoil. By helping readers understand the financial history of this period and the way banking shaped the society in which ordinary Americans lived and worked, this book broadens and deepens our knowledge of the Early American Republic.
Posted in Business & Economics

Other People's Money

And how the Bankers Use it

Author: Louis Dembitz Brandeis

Publisher: N.A

ISBN: N.A

Category: Banks and banking

Page: 223

View: 2575

Posted in Banks and banking

Doing Good With Other People's Money

The Essential Guide to Winning Grants and Contracts

Author: Richard Steiner, Ph.D.

Publisher: Hatherleigh Press

ISBN: 1578267390

Category: Business & Economics

Page: 192

View: 5616

Posted in Business & Economics

Other People's Money

Debt Denomination and Financial Instability in Emerging Market Economies

Author: Barry Eichengreen,Ricardo Hausmann

Publisher: University of Chicago Press

ISBN: 9780226194578

Category: Business & Economics

Page: 304

View: 1472

Recent crises in emerging markets have been heavily driven by balance-sheet or net-worth effects. Episodes in countries as far-flung as Indonesia and Argentina have shown that exchange rate adjustments that would normally help to restore balance can be destabilizing, even catastrophic, for countries whose debts are denominated in foreign currencies. Many economists instinctually assume that developing countries allow their foreign debts to be denominated in dollars, yen, or euros because they simply don't know better. Presenting evidence that even emerging markets with strong policies and institutions experience this problem, Other People's Money recognizes that the situation must be attributed to more than ignorance. Instead, the contributors suggest that the problem is linked to the operation of international financial markets, which prevent countries from borrowing in their own currencies. A comprehensive analysis of the sources of this problem and its consequences, Other People's Money takes the study one step further, proposing a solution that would involve having the World Bank and regional development banks themselves borrow and lend in emerging market currencies.
Posted in Business & Economics

Other People's Money

Author: Elizabeth Russell

Publisher: N.A

ISBN: 9781937327545

Category: Fiction

Page: 284

View: 753

WHO KNEW PHILANTHROPY COULD BE SO DEADLY? Katie Nelson, a program officer at Atlanta's largest charitable foundation, has the job everyone wants:, giving away other people's money. But when her latest grant recommendation literally goes up in flames, killing an unknown Latina woman in the process, everyone becomes a suspect. Was it a hate crime, an inside job or something more insidious? Even her new romance with a foundation trustee leaves her questioning his potential involvement. Following her hunches, headstrong Katie unwittingly places herself in mortal danger. Who's looking out for her and who's trying to do her in? "Elizabeth Russell has crafted a compelling and most intriguing narrative sure to make the reader smile with satisfaction and delight."-MARK CONSTANTINE, AUTHOR OF WIT AND WISDOM: UNLEASHING THE PHILANTHROPIC IMAGINATION. "Exquisite! There is an honesty and humanness about these characters which is enormously refreshing."-JANINE LEE, PRESIDENT, SOUTHEASTERN COUNCIL OF FOUNDATIONS. "Foundations need not be mysterious, but this novel about grantmaking by someone who knows foundations well clearly belongs on the mystery-lover's bookshelf."-DOROTHY RIDINGS, FORMER PRESIDENT, COUNCIL ON FOUNDATIONS.
Posted in Fiction

Other People's Money

Author: Emile Gaboriau

Publisher: N.A

ISBN: N.A

Category:

Page: 533

View: 7848

Posted in

Other people's money

the inside story of the S&L mess

Author: Paul Zane Pilzer,Robert Deitz

Publisher: Simon & Schuster

ISBN: N.A

Category: Business & Economics

Page: 269

View: 1367

A insider's account of the bankruptcy crisis facing the nation's $900-billion savings-and-loan industry analyzes the causes and effects of the solvency dilemma and suggests how the financial decline can be reversed
Posted in Business & Economics

Using Other People's Money

How to invest in property

Author: Vicki Wusche

Publisher: SRA Books

ISBN: 1909116653

Category: Business & Economics

Page: 208

View: 7396

This 4th edition has been rewritten to focus on the latest changes in the property market and to give you the information you need to make informed decisions about your personal investment strategy. Read up-to-date information including recent tax changes and the impact of key strategies like rent to rent, buy-to-let and HMO all the while learning new investment techniques that are adaptable to these changes and your needs. Discover how to build a better property business from the start.
Posted in Business & Economics

The People's Money

How Voters Will Balance the Budget and Eliminate the Federal Debt

Author: Scott Rasmussen

Publisher: Simon and Schuster

ISBN: 1451666128

Category: Political Science

Page: 288

View: 1962

When it comes to the economy, American voters can no longer count on the Political Class. We are the ones who truly want progress, and—despite what politicians would lead us to believe—we are the only ones willing to make the difficult but necessary changes that willrestore our country’s fiscal sanity. For years, Americans have elected candidates who promise to reduce spending. Yet spending has steadily increased for more than half a century. For just as long, politicians have blamed voters, claiming a lack of public support for the necessary cuts to reduce the budget deficit. On the contrary, evidence suggests that voters are far more willing than politicians to make the compromises to eliminate this massive burden from future generations. Now, influential political analyst Scott Rasmussen, one of the most recognized public opinion pollsters in America, proves that our politicians are intentionally perpetrating a flat-out lie about their short-sighted and destructive economic choices and our hard-earned money. In The People’s Money, Rasmussen explores clear-headed, responsible, and reasonable ways to eliminate a deficit that is much larger than politicians would have us believe—$123 trillion and counting—all with the vast support of the American people. This is Rasmussen on: ·The bailouts—the cause and effects, and the catalyst that fueled the current era of discontent ·National defense—and the $100 billion annual cost that could be erased today with absolutely no threat to security ·Social security—and a plan that could not only reduce spending by trillions of dollars but offer a more satisfying plan for retirees ·Tax burdens—and the truth behind the changes Americans are willing to make for the sake of their country ·Government payroll—and the commonsense cuts that are necessary ·Health care—and why the current plans, from both Republicans and Democrats, are financially unhealthy Drawing on a comprehensive review of history, revelatory budgetary documents, and enlightening public opinion polls, Rasmussen lays out a step-by-step budget that could wipe out trillions from the national debt. It’s his job to call on the American people for their opinion. Resoundingly, they have called back with a collective voice that is at once hopeful, frustrated, honest, and angry. If only the American Political Class would listen. Until then, The People’s Money is a call to arms for the people to be heard, an ultimatum for a grossly out-of-touch American political system, and one of the most provocative, important, informed, and yet hopeful books on the economic state of the country yet written.
Posted in Political Science

Drive

The Surprising Truth About What Motivates Us

Author: Daniel H. Pink

Publisher: Penguin

ISBN: 9781101524381

Category: Business & Economics

Page: 272

View: 3316

Forget everything you thought you knew about how to motivate people—at work, at school, at home. It's wrong. As Daniel H. Pink (author of To Sell Is Human: The Surprising Truth About Motivating Others) explains in his paradigm-shattering book Drive, the secret to high performance and satisfaction in today's world is the deeply human need to direct our own lives, to learn and create new things, and to do better by ourselves and our world. Drawing on four decades of scientific research on human motivation, Pink exposes the mismatch between what science knows and what business does—and how that affects every aspect of our lives. He demonstrates that while the old-fashioned carrot-and-stick approach worked successfully in the 20th century, it's precisely the wrong way to motivate people for today's challenges. In Drive, he reveals the three elements of true motivation: *Autonomy—the desire to direct our own lives *Mastery—the urge to get better and better at something that matters *Purpose—the yearning to do what we do in the service of something larger than ourselves Along the way, he takes us to companies that are enlisting new approaches to motivation and introduces us to the scientists and entrepreneurs who are pointing a bold way forward. Drive is bursting with big ideas—the rare book that will change how you think and transform how you live.
Posted in Business & Economics