Other People's Money

Author: John Kay
Publisher: PublicAffairs
ISBN: 1610396049
Category : Business & Economics
Languages : en
Pages : 296

Book Description
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. A Financial Times Book of the Year, 2015 An Economist Best Book of the Year, 2015 A Bloomberg Best Book of the Year, 2015

Other People's Money

Author: Louis Dembitz Brandeis
Publisher: Binker North
ISBN:
Category : Business & Economics
Languages : en
Pages : 250

Book Description
The great monopoly in this country is money. So long as that exists, our old variety and individual energy of development are out of the question. A great industrial nation is controlled by its system of credit.

Other People's Money

Author: Jeff Worsham
Publisher: Routledge
ISBN: 1000309150
Category : Political Science
Languages : en
Pages : 163

Book Description
Questions of influence are at the heart of political science. A particularly compelling answer to the question of who wields influence takes the form of subsystems theory. Combining detailed historiographical and quantitative analysis, Jeffrey Worsham tracks, explains, and explores the policy consequences of political variation in the financial subsystem from its inception through the 1990s, arguing that subsystems are a wavering-equilibrium solution to the problem of policymaking in the United States. The book answers three interrelated questions with regard to the wavering-equilibrium solution. First, what have been the major patterns of participation, or political variation, in the financial subsystem for the first 100 years of its existence? Second, what accounts for those patterns and the change from one type of politics to another? Finally, what are the consequences of different types of subsystem politics for public policy?

Other People's Money

Author: Emile Gaboriau
Publisher:
ISBN:
Category :
Languages : en
Pages : 242

Book Description

Other People's Money

Author: Louis Dembitz Brandeis
Publisher: Binker North
ISBN:
Category : Business & Economics
Languages : en
Pages : 260

OPM

Author: Michael A. Lechter
Publisher: Business Plus
ISBN: 9780446691857
Category : Business & Economics
Languages : en
Pages : 326

Book Description
A guide explaining how to make money by acquiring assets, building a business, or developing an idea using funds from second-party investors, discussing the different types and forms of such funds and legal concerns.

Using Other People's Money to Get Rich

Author: Desiree Smith-Daughety
Publisher: Atlantic Publishing Company
ISBN: 1601382146
Category : Business & Economics
Languages : en
Pages : 290

Book Description
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 president'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.

Other People's Money

Author: Jerry Sterner
Publisher: Samuel French, Inc.
ISBN: 9780573691010
Category : Consolidation and merger of corporations
Languages : en
Pages : 110

Book Description
A man is known by the company he keeps. Garfinkle is known for the company he takes over. New England Wire & Cable is the one company to rival Larry's high style and high-stakes, especially using other people's money.

Other People's Money

Author: Jerome Weidman
Publisher:
ISBN:
Category : American fiction
Languages : en
Pages : 542

Book Description
Follows the lives of an orphan, taken to live with a wealthy New York family, and his near-brother whose paths lead in opposite directions.

Other People's Money

Author: Louis Dembitz Brandeis
Publisher: Martino Publishing
ISBN: 9781578987382
Category : Business & Economics
Languages : en
Pages : 244

Book Description
Reprint. Originally published in New York: F.A. Stokes, c1914. xv, 223 p. The book was based on the revelations of the House of Representatives' Pujo Committee about the predatory practices of J. P. Morgan and other big bankers. "Other People's Money" influenced both Woodrow Wilson's New Freedom agenda and Franklin Roosevelt's New Deal. It also offers valuable lessons for today.