
Why Wall Street Matters
By William D. CohanA 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 York Times
"[Cohan is] one of our most able financial journalists."--Los Angeles Times
"A former Wall Street man and a talented writer, [Cohan] has the rare gift not only of understanding the fiendishly complicated goings-on, but also of being able to explain them in terms the lay reader can grasp."--The Observer (London)
show more
Book details
- Hardcover
- 192 pages
- English
- 0399590692
- 9780399590696
About William D. Cohan
william d. cohan, a former senior wall street m&a investment banker for 17 years at lazard frères & co., merrill lynch and jpmorganchase, is Read More about William D. Cohan
More Books By William D. Cohan
People who bought this also bought
Powershift: Transform Any Situation, Close Any Deal, and Achieve Any Outcome book by Daymond John
New Book
The Pantry Gourmet: Over 250 Recipes for Mustards, Vinegars, Relishes, Pates, Cheeses, Breads, Preserves, and Meats to Stock Your Pantry, Freezer, and refrigerator
Used Book
Superlative: The Biology of Extremes book by Matthew D. LaPlante
Used Book
Start Where You Are, But Don???t Stay There: Understanding Diversity, Opportunity Gaps, and Teaching in Today???s Classrooms
Used Book
Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence book by Rachel Richard
New Book
The Flame Trees of Thika: Memories of an African Childhood book by Elspeth Huxley
New Book
A Cat Is Watching: A Look at the Way Cats See Us book by Roger A. Caras
Used Book
40 Days for Life - Discover What God Has Done...Imagine What He Can Do
Used Book
The Vision of His Glory - Finding Hope Through the Revelation of Jesus Christ work book book by Anne Graham Lotz
Used Book
The War of Art: Break Through the Blocks and Win Your Inner Creative Battles book by Steven Pressfield
New Book
The Wild Blue: The Men and Boys Who Flew the B-24s Over Germany 1944-45 book by Stephen E. Ambrose
Used Book
The Prime Ministers: Reflections on Leadership from Wilson to Johnson Book by Steve Richards
New Book
Are You Kidding Me? : My Life with an Extremely Loud Family, Bathroom Calamities, and Crazy Relatives
Used Book
The School of Life: on Being Nice: A Guide to Friendship and Connection book by The School of Life
New Book
Never Eat Alone: And Other Secrets to Success, One Relationship at a Time book by Keith Ferrazzi
New Book
Inside Coca-Cola: A Ceo's Life Story of Building the World's Most Popular Brand book by Neville Isdell
New Book
Making Futures: Young Entrepreneurs in a Dynamic Africa book by Sangu Delle
New Book
How Democracies Die: What History Reveals About Our Future book by Steven Levitsky
New Book
Right Thing, Right Now: Justice in an Unjust World book by Ryan Holiday
New Book