Screen LibraryPanic：the story of modern financial insanity
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| Group Author: | ; |
|---|---|
| Published: |
W.W. Norton & Co.,
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| Publisher Address: | New York |
| Publication Dates: | c2009. |
| Literature type: | Book |
| Language: | English |
| Edition: | 1st ed. |
| Subjects: | |
| Carrier Form: | viii, 391 p.: ; 25 cm. |
| ISBN: |
9780393065145 0393065146 0393337987 9780393337983 |
| Index Number: | F831 |
| CLC: | F831.59-09 |
| Call Number: | F831.59-09/P192 |
| Contents: |
Pt. 1. A brand-new kind of crash. Riding the wild bull / Stephen Koepp -- The crash of '87: Chicago's "shadow markets" led free fall in a plunge that began right at opening / Scott McMurray and Robert L. Rose -- From the Brady Commission Report -- From Black Monday: the catastrophe of October 19, 1987 ... and beyond / Tim Metz -- From Liar's poker: rising through the wreckage on Wall Street / Michael Lewis -- The lonely feeling of small investors / Stephen Labaton -- Yuppies' last rites readied / Richard J. Meislin -- From What goes up / Eric J. Weiner -- Did the computer cause the crash? / Lester C. Thurow -- Crash-proofing the market; a lot of expert opinions but few results / Terri Thompson -- Short circuits / The Economist -- Crash course: Black Monday's biggest lesson: don't run scared / Robert J. Shiller -- From After the Crash / Franklin Edwards -- pt. 2. Foreigners gone wild. Mutual funds quarterly report; the forecast looks brighter for adventure travel / Reed Abelson -- Thailand warns currency speculators / The New York Times -- A Thai business wonders, will it all crumble? / David Holley -- Reporter associate Jeremy Kahn, "Saving Asia" / Paul Krugman -- From Frontline's "The Crash" / Interview with Rob Johnson -- Finance and economics: a detour or a derailment? / The Economist -- Pulling Russia's chain / Michael Lewis -- From Frontline's "The Crash" / Interview with Jeffrey D. Sachs -- How the eggheads cracked / Michael Lewis -- 10 years after the Asian crisis, we're not out of the woods yet / Joseph Stiglitz -- Asia's long road to recovery / Keith Bradsher -- Tracking an online trend, and a route to suicide / Choe Sang-Hun. Pt. 3. The new new panic. Bigger Netscape offering / New York Times -- Underwriters raise offer price for Netscape Communication / New York Times -- With internet cachet, not profit, a new stock is Wall Street's darling / Laurence Zuckerman -- How net fever sent shares of a firm on a 3-day joy ride / Carrick Mollenkamp and Karen Lundegaard -- "New new money," from The New New Thing / Michael Lewis -- Cooling it: Wall Street firms try to keep internet mania from ending badly / Rebecca Buckman and Aaron Lucchetti -- Burning up / Jack Willoughby -- From Dot.con: The greatest story ever sold / John Cassidy -- The high price of research: caveat investor: stock and research analysts covering dot-coms aren't as independent as you think / Erick Schonfeld -- Fumble.com: internet companies threw millions into the air at the Super Bowl. They're still pretending they scored a touchdown / Katharine Mieszkowski -- Meet the dumbest dot-com in the world / Mark Gimein -- The financial page: how mountebanks became moguls / James Surowiecki -- Dot coms: what have we learned? / Jerry Useem -- In defense of the boom / Michael Lewis -- pt. 4. The people's panic. "How to get rich in real estate," from Dave Barry's Money secrets / Dave Barry -- Shaky foundation: rising home prices cast appraisers in a harsh light / John Hechinger -- The next crash / John Cassidy -- As bubble speculation rises, industry sees little fear / Robert Julavits -- This is the sound of a bubble bursting / Peter S. Goodman -- Opening statement of Chairman Christopher Dodd: hearing on "Mortgage market turmoil: causes and consequences" / Christopher Dodd -- Subprime homesick blues / James Surowiecki -- Triple-A failure / Roger Lowenstein -- from "Rudolph the Red-nosed Reindeer" / Larry Roberts -- Bear CEO's handling of crisis raises issues / Kate Kelly -- What Wall Street's CEOs don't know can kill you / Michael Lewis -- The Bear flu: how it spread / David Henry and Matthew Goldstein -- A Wall Street trader draws some subprime lessons / Michael Lewis -- After the money's gone / Paul Krugman -- Hedge funds come unstuck on truth-twisting, lies / Matthew Lynn -- Trader made billions on subprime / Gregory Zuckerman. This work is an analysis of five financial upheavals in recent history. It includes coverage of the 1987 stock market crash, the 1998 Russian default (and the consequent collapse of U.S. hedge fund Long-Term Capital Management), the Asian currency crisis of 1999, the Internet bubble of 1995-2001, and the 2008 sub-prime mortgage crisis, in an anecdotal report that reveals how public knowledge differed from what was actually taking place. The author offers a wide and varied perspective on modern finances with this powerful collection of essays by noted authors like Nobel Prize winner Paul Krugman, Business Week's David Henry, Lewis himself, and many others. By examining the history of current financial practices, these essays show where the fruits of these activities are leading us. |