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INDUSTRIES
Arts.
Noah Horowitz (2011).
Art of the Deal: Contemporary Art in a Global Financial Market.
(Princeton, NJ: Princeton University Press, 384 p.). Art
Historian, Member of the Faculty of the Sotheby's Institute of
Art. Art --Marketing --History --20th century; Art --Marketing
--History --21st century; Art --Economic aspects --History
--20th century; Art --Economic aspects --History --21st century;
Art as an investment. Collecting and investing - how
contemporary art market came to be, how it works, where it's
headed; globalization of art world, how investors speculate in
market, how emerging art forms (video, installation) have been
drawn into commercial sphere.
Beverages.
(Coca-Cola), Michael Blanding (2010).
The Coke Machine: The Dirty Truth Behind the World's Favorite
Soft Drink. (New York, NY: Avery, 384 p.).
Contributing Editor, Boston magazine. Coca-Cola Company
--History; Soft drink industry; Bottled water industry;
International business enterprises. How Coke became number one
brand in world, how far it will go to stay there; secret formula
for greed: 1) history of winning at any cost (franchisees made
deals with Nazis, Guatemalan paramilitary squads); 2) bottlers
accused of conspiring with paramilitaries to threaten, kidnap,
murder union leaders in bottling plants in Colombia; 3) how Coke
has harmed children's health, contributed to obesity epidemic
through exclusive soda contracts in schools; 3) horrific
environmental impact of Coke bottling plants in India and Mexico
(water supplies decimated while toxic pollution escalated);
costs of growth andf expansion: ethics, health, public
resources, sometimes even human life.
Entertainment.
Dan Charnas (2010).
The Big Payback: The History of the Business of Hip-Hop.
(New York, NY: New American Library, 672 p.). Vice President of
A&R for Def American Recordings. Rap (Music) --Social aspects;
Hip-hop; Hip-hop --Social aspects; Sound recording industry;
Music trade. Victories, defeats, corporate clashes, street
battles along 40-year road to hip-hop's dominance from studios,
where first rap records were made to boardrooms; from first $15 made by "rapping DJ" in 1970s New
York to multi-million-dollar sales of Phat Farm and
Roc-a-Wear clothing companies in 2004 and 2007; who lost, who won (Sugar Hill Records, Grandmaster Flash, Run DMC's
crossover breakthrough on MTV, marketing of gangsta rap, rise of
artist/ entrepreneurs like Jay-Z and Sean "Diddy" Combs).
Debra Ann Pawlak (2011).
Bringing Up Oscar: The Story of the Men and Women Who Founded
the Academy. (New York, NY: Pegasus, 336 p.).
Hollywood (Los Angeles, Calif.) --History; Academy of Motion
Picture Arts and Sciences -- history. January 11, 1927 -
Louis B. Mayer, MGM CEO, gathered 36 leading
persons in fledgling film industry, proposed founding of
Academy of Motion Picture Arts and Sciences to ensure
that business would prosper in coming decades.
Fashion
& Beauty.
(Chanel), Tilar J. Mazzeo (2010).
The Secret of Chanel No. 5: The Intimate History of the World’s
Most Famous Perfume. (New York, NY: Harper, 304 p.).
Associate Professor of English (Colby College). Chanel, Coco,
1883-1971; Parfums Chanel (Firm); Chanel No. 5 perfume; Perfumes
industry --France --History --20th century.
Journey to discover
secret behind creation, iconic status, extraordinary success of
Chanel No. 5, world’s most famous perfume; where art and
sensuality met entrepreneurship and desire; how pioneering
celebrity fragrance, introduced in late 1920s, took on a life of
its own, became cultural monument.
(Rubenstein Helena Inc.), Ruth Brandon (2011).
Ugly Beauty: Helena Rubinstein, L’Oreal, and the Blemished
History of Looking Good. (New York, NY: Harper, 304
p.). Historian, Biographer and Novelist. Rubinstein, Helena,
1870-1965; Helena Rubinstein, inc.; L’Oréal (Firm); Beauty,
Personal. Founding of the beauty business; Helena Rubinstein
(1870–1965), Polish Jew from poor family with small salon in
Australia, became first woman tycoon, self-made millionaire;
Eugène Schueller (1881–1957), French chemist, found success in
hair dyes; scandal when L’Oréal (founded by Schueller, Nazi
collaborator) took over Helena Rubinstein (Polish Jew).
Helen Rubinstein
- portrait
(http://www.amuseum.org/jahf/nomination/rubinstein.jpg)
Food.
(Chocolate), Orla Ryan (2011).
Chocolate Nations: Living and Dying for Cocoa in West Africa.
(London, UK: Zed Books, 176 p.). Freelance Journalist
(former reporter for Reuters in Ghana). Chocolate --
history; chocolate production -- West Africa -- history.
How chocolate bars get on
supermarket shelves; lifeline for millions of farmers in
West Africa (produces about 70% of world's cocoa),
crucial to economies, politics of Ghana and Ivory Coast;
causes of farmer poverty in context of commodity
producers' global battle to make more money from crops.
Publishing.
(Cosmopolitan), James Landers (2010).
The Improbable First Century of Cosmopolitan Magazine.
(Columbia, MO: University of Missouri Press, 376 p.). Associate
Professor in the Department of Journalism and Technical
Communications (Colorado State University). Cosmopolitan (New
York, N.Y. : 1952); Cosmopolitan; American periodicals --History
--19th century; American periodicals --History --20th century.
How Cosmopolitan survived three
near-death experiences, became one of most dynamic,
successful magazines of 20th century; how it became
cultural touchstone;
March 1886
- Paul S. Schlicht, of Schlicht & Field Company, seller
of office supplies and labor-saving devices (Rochester,
NY), launched The Cosmopolitan as family literary
magazine; published quality fiction, children's stories,
homemaking tips; May 23, 1888 - suspended
business; 1889 - acquired from Joseph N.
Hallock by John Brisben Walker, wealthy entrepreneur;
introduced illustrations, attracted writers such as Mark
Twain, Willa Cather, H. G. Wells; became leading market
for fiction;
1892 - circulation of 75,000; 1905 -
acquired by William Randolph Hearst for $400,000; turned
it into purveyor of expose journalism to aid his
personal political pursuits;
1920s - changed to fiction
periodical (featured leading writers such as Theodore
Dreiser, Sinclair Lewis, William Somerset Maugham);
1930s
- circulation of 1,700,000, advertising income of
$5,000,000; mid-1960s
- almost died; Helen Gurley Brown, ambitious and savvy
businesswoman, submitted plan for dramatic editorial
makeover; took helm, saved Cosmopolitan; published
articles about topics other women's magazines avoided;
1980s -
profit center of Hearst Corporation, culturally
significant force in young women's lives.
(DC Comics), Paul Levitz (2010).
75 Years Of DC Comics: The Art Of Modern Mythmaking.
(New York, NY: Taschen, 720 p.). Former President and
Publisher of DC Comics. DC Comics, Inc. --History; DC
Comics, Inc. --History --Pictorial works; Comic books,
strips, etc. --United States --History and criticism;
Comic books, strips, etc. --United States --History and
criticism --Pictorial works. History, from pulp origins
to future of digital publishing.
Major Malcolm Wheeler-Nicholson
- Founder, DC Comics (http://www.majormalcolmwheelernicholson.com/sitebuildercontent/
sitebuilderpictures/mmwn-family-copyright.jpg)
(New Press), Andre Schiffrin (2010).
Words and Money. (New York, NY: Verso, 176 p.).
Former Publisher of Pantheon Books, Founder of The New Press.
Publishing industry -- history; media -- consolidation.
Revolution in publishing during last decade; media consolidation
has contributed to ongoing demise of serious journalism in
newspapers, magazines, serious broadcast news, online
journalism; how the American corporate model has extended its
reach to Europe, around globe; alternative policies to help to
save journalism, media in US.
Shipping. Bill Sharpsteen (2011).
The Docks. (Berkeley, CA: University of California
Press, 328 p.). Los Angeles-based Photographer. Harbors
--California --Los Angeles; Stevedores --California --Los
Angeles. Port of Los Angeles -vulnerable microcosm of labor,
environmental, security issues; people who have made port
largest in country, one of nation's most vital economic
enterprises; critical entryway for goods coming into country -
40% of all waterborne cargo, 70% of all Asian imports.
Textiles.
(Courtaulds), Geoffrey Owen (2010).
The Rise and Fall of Great Companies: Courtaulds and the
Reshaping of the Man-Made Fibres Industry. (New York,
NY: Oxford University Press, 320 p.). Former Editor of the
Financial Times. Courtaulds; fibres industry -- history.
What
companies can do when industry goes through period of
turbulence, forces change; Courtaulds - world's leading
producer of man-made fibres; 1970s - textiles,
clothing, man-fibre production shifted to low-wage countries (especially
China); decisions taken by individual managers, national context
in which they operated; institutional differences between
countries, role of shareholders and financial
markets played important role in determining which companies
survived.
Wall Street
- Commodities.
(Chicago Mercantile Exchange), Emily Lambert
(2010).
The Futures: The Rise of the Speculator and the Origins of the
World's Biggest Markets. (New York, NY: Basic Books,
240 p.). Senior Writer (Forbes magazine). Chicago Mercantile
Exchange; Commodity exchanges --Illinois --Chicago --History;
Chicago (Ill.) --History. History of Chicago Mercantile
Exchange, Chicago Board of Trade; emergence of futures business
as kind of meeting place for gamblers, farmers and subsequent
transformation into sophisticated electronic market where
contracts are traded at lightning-fast speeds; disastrous
effects of Wall Street's adoption of futures contract without
rules, close-knit social bonds that had made trading it in
Chicago work so well; futures markets are real "free" markets;
speculators can serve a vital economic, social function; how
markets should work (written, cultural limits).
Wall Street - Panics.
(1929), Michael Perino (2010).
The Hellhound of Wall Street: How Ferdinand Pecora’s
Investigation of the Great Crash Forever Changed American
Finance. (New York, NY: Penguin, 352 p.).
Dean George W. Matheson Professor of Law at St. John's
University School of Law. Pecora, Ferdinand, 1882-; Stock Market Crash, 1929; Stock
exchanges --United States --History --20th century; Financial
crises --United States --History --20th century. 1933 -
Ferdinand Pecora, Sicilian immigrant, former New York
prosecutor, appointed Chief Counsel to the U.S. Senate's
Committee on Banking and Currency, put Wall Street on
trial for Great Crash; turned hearings around,
cross-examined officers of National City Bank (today’s
Citigroup), particularly Charles
Mitchell (Chairman); rigorous
questioning revealed that City Bank sold worthless bonds to
public, manipulated its stock price, paid excessive
compensation, bonuses to executives; spurred Congress to take
unprecedented steps to rein in freewheeling banking
industry, led directly to New Deal economic
reforms.
Ferdinand Pecora
-
(http://www.senate.gov/artandhistory/history/resources/graphic/xlarge/PecoraFerdinand.jpg)
Wall
Street - Trading.
Andrew W. Lo and Jasmina Hasanhodzic (2010).
The Evolution of Technical Analysis: Financial Prediction from
Babylonian Tablets to Bloomberg Terminals. (Hoboken,
NJ: Wiley, 212 p.). Harris & Harris Group Professor of Finance
(MIT Sloan School of Management) and the Director of MIT's
Laboratory for Financial Engineering; Research Scientist at
Alpha-Simplex Group, LLC. Technical analysis (Investment
analysis) --History. History of "dark art" of technical
analysis (trading technique to divine trends,
reversals, cycles, other predictable patterns in historical
market prices); creation, evolution of technical analysis from
rise of speculative trading in ancient Babylon, through Middle
Ages, Renaissance, Industrial revolution to rise of Wall Street
as world's financial center; eastern markets of China and Japan
vs. Western practices; contributions of Charles Dow, Munehisa
Homma, Humphrey B. Neill, William D. Gann.
MANAGEMENT
Venture Capital. (Sutter Hill Ventures), William H. Draper,
III; foreword by Eric Schmidt (2011).
The Startup Game: Inside the Partnership Between Venture
Capitalists and Entrepreneurs. (New York, NY:
Palgrave Macmillan 272 p.). Founder of Sutter Hill Ventures,
General Partner of Draper Richards L.P., Draper Investment
Company, and Draper International. Draper, William H., 1928-;
Capitalists and financiers --United States --Biography; Venture
capital; Entrepreneurship; New business enterprises --Finance.
How relationship between venture capitalists, entrepreneurs is
critical to future of business: how to evaluate innovative
ideas, entrepreneurs behind those ideas (Yahoo, Baidu, Tesla
Motors, Activision, Measurex, more); value of political
leadership in creating opportunity (how Deng Xiaoping brought
China roaring into modern world.
BUSINESS HISTORY
Capitalism.
Ha-Joon Chang (2011).
23 Things They Don't Tell You About Capitalism. (New
York, NY: Bloomsbury Press, 304 p.). Assistant Director of
Development Studies in the Faculty of Economics and Politics
(University of Cambridge). Capitalism. Question assumptions
behind dogma, hype that dominant school of neoliberal economists
(apostles of freemarket) have spun since Age of Reagan; how
global capitalism works—and doesn't; how to shape capitalism to
humane ends, instead of becoming slaves of market.
Capitalists.
(Rockefeller), Suzanne Loebl (2010).
America's Medicis: The Rockefellers and Their
Astonishing Cultural Legacy. (New York, NY:
Harper 448 p.). Rockefeller family -- history;
Rockefeller - art world. Family at center of
20th-century American art world; Rockefellers' artistic
philanthropies; provided money, artworks, devoted
themselves to causes they believed in (helped define,
direct America's artistic tastes); taught America that
art does not belong to rarefied elite, can be enjoyed,
understood by all; founded MoMA, Colonial Williamsburg,
Cloisters, Riverside Church, Asia Society; commissioned
distinguished artworks for Rockefeller Center.
Disasters & Lawsuits.
(British Petroleum), Peter Lehner, Bob Deans (2010).
In Deep Water: The Anatomy of a Disaster, the Fate of the Gulf,
and Ending Our Oil Addiction. (New York, NY:
Experiment, 176 p.). Executive Director of the Natural Resources
Defense Council; Former Chief Asia Correspondent (Atlanta
Journal-Constitution). British Petroleum -- history; Deepwater
Hrizon; oil spills - history. April 20, 2010 - Deepwater
Horizon’s well exploded, killed 11; estimated 200 million
gallons of crude oil spewed into Gulf of Mexico over next two
months; oil slick covered 2,500 square miles, killed wildlife,
menaced coastline, thousands of jobs from Texas to Florida Keys,
beyond; environmental, human toll of this tragedy; wasteful
over-reliance on oil comes at ever-greater cost to planet.
(British Petroleum), National Commission on
the BP Deepwater Horizon Oil Spill (2011).
Deep Water: The Gulf Oil Disaster and the Future of Offshore
Drilling. (National Commission on the BP Deepwater
Horizon Oil Spill, 370 p.). April 20, 2010
- Macondo well blew, killed 11 men; began catastrophe
that sank Deepwater Horizon drilling rig, spilled nearly
5 million barrels of crude oil into Gulf of Mexico;
disrupted entire region's economy, damaged fisheries and
critical habitats, brought vividly to light risks of
deepwater drilling for oil and gas; President Obama
appointed 7-member Commission to investigate disaster,
analyze its causes and effects, recommend actions
necessary to minimize risks in future.
(British Petroleum), Stanley Reed, Alison
Fitzgerald (2011).
In Too Deep: BP and the Drilling Race That Took It Down.
(Hoboken, NJ: Bloomberg Press, 248 p.). Former London Bureau
Chief of BusinessWeek; investigative reporter at Bloomberg News.
BP (Firm); BP Deepwater Horizon Explosion and Oil Spill, 2010;
Oil wells --Mexico, Gulf of --Blowouts. Why these disasters
always happen to BP, not to other large oil companies; built on
risk-taking, cost-cutting; practices of former BP CEO
John Browne may have mouch to do with disaster.
Economics.
Edward B. Barbier (2010).
Scarcity and Frontiers: How Economies Have Developed Through
Natural Resource Exploitation. (New York, NY:
Cambridge University Press, 768 p.). John S. Bugas Professor of
Economics in the Department of Economics and Finance (University
of Wyoming). Agriculture --Economic aspects --History; Natural
resources; Scarcity; Economic development. Contribution that
natural resource exploitation has made to economic development
in key eras of world history; lessons for
attaining sustainable economic development in world; response of
society to scarcity of key natural resources has been critical
driving force in history behind global economic development;
increasing scarcity raises cost of exploiting existing natural
resources, creates incentives in all economies to innovate,
conserve more of these resources; economies have also responded
to increasing scarcity by obtaining, developing more of these
resources; exploitation of new ’frontiers’ has often proved to
be pivotal human response to natural resource scarcity.
Ecoonomics -
Consumption.
Eduardo Porter (2011).
The Price of Everything: Solving the Mystery of Why We Pay What
We Do. (New York, NY: Portfolio Penguin, 304 p.).
Editorial Board Member (The New York Times). Value; Values.
Constant, often unconscious, cost and value assessments made
every day; how critical prices motivate, shape lives (clear
when distorted prices steer decisions wrong way); story behind
prices; what prices tell us (relative prices of a vote in
corrupt São Tomé vs. ostensibly aboveboard United States, cost
of happiness in Bhutan, deducing dollar value assigned to
human life: why polygamous societies place higher value on women
than monogamous ones; why someone may find more value in $14
million license plate than in standard-issue $95 one; why some
government agencies believe one year of life for senior citizen
is four times more valuable than that of younger person).
Economics
Consumption - Credit. Laurie Essig (2010).
American Plastic: Boob Jobs, Credit Cards, and the Quest for
Perfection. (Boston, MA: Beacon Press, 240 p.).
Assistant Professor of Sociology (Middlebury College). Credit
cards --United States; Credit --United States; Surgery, Plastic
--Social aspects; Surgery, Plastic --Moral and ethical aspects.
Culture, economics, cosmetic surgery industry; how plastic
surgery has become “the answer” for many Americans; how access
to credit, medical advances, pressures from image,
youth-obsessed culture have led to unprecedented desire to “fix”
ourselves; 465% increase in cosmetic work over last decade, $12
billion spent annually on procedures (liposuction, face-lifts,
tummy tucks, boob jobs); estimated that 30% of plastic surgery
patients earn less than $30,000 a year; another 41% earn less
than $60,000; 85% of patients assume debt to get work done
(average cost of cosmetic work is $8,000).
Financial Crises.
(Russia - 1998), Martin Gilman (2010).
No Precedent, No Plan: Inside Russia's 1998 Default.
(Cambridge, MA: MIT Press, 416 p.). Professor of Economics at
Russia's Higher School of Economics (formerly IMF's senior
representative in Moscow during Russia's period of default and
rebuilding). Financial crises --Russia (Federation) --21st
century; Russia (Federation) --Economic conditions --1991-.
Russia's painful transition to market economy; 1998 - President
Boris Yeltsin’s government defaulted on its domestic debt,
Russia experienced financial meltdown that brought it to brink
of disaster; spurred Russia to integrate economy with rest of
world; IMF’s involvement; how shell-shocked Russian public
turned to Vladimir Putin in search of stability; could serve as
unfortunate precedent for sovereign defaults in future.
(U. S. - 2008), Emily Eisenlohr (2010).
Fairy Tale Capitalism: Fact And
Fiction Behind Too Big To Fail. (Bloomington, IN:
AuthorHouse, 272 p.). Former Banker, Former Senior Credit
Officer (Moody's). Economic crisis -- 2008; credit crisis --
history; capitalism. Fictions surround financial meltdown: which
political party is most responsible?, can regulators prevent
another crisis?, how do credit ratings play hidden role?, can
Congress tame systemic risk without shrinking big banks? simple
explanations, simple illustrations to show how systemic risk
remains.
(U. S. - 2008), Matthew Lynn (2010).
Bust: Greece, the Euro and the Sovereign Debt Crisis.
(Hoboken, NJ: Bloomberg Press, 288 p.). Bloomberg columnist.
Financial crises --Greece --History --21st century; Debts,
External --Greece --History --21st century; Greece --Economic
policy --1974-; Economic stabilization --Greece --History --21st
century; Greece --Economic conditions --1974-. Greece's
spectacular rise and fall from grace, global repercussions of
its financial disaster; origins, how it escalated, government
deceit, unfettered spending, cheap borrow; implications for a
fragile global economy; how Greek contagion spread throughout
Europe; how government ineptitude, financial speculators
compounded the problem.
(U. S. - 2008), Matt Taibbi (2010).
Griftopia: Bubble Machines, Vampire Squids, and the Long
Con That Is Breaking America. (New
York, NY: Spiegel & Grau, 272 p.). Contributing Editor for
Rolling Stone magazine. Political corruption --United States;
Deception --Political aspects --United States; Despotism
--United States; United States --Politics and government
--2009-; United States --Politics and government --2001-2009.
Movement’s origins to cult of Ayn Rand, her most
influential acolyte, Alan Greenspan; backroom deals that decided
winners, losers in government bailouts; hidden commodities
bubble that transferred billions of dollars to Wall Street while
creating food shortages around world; how finance dominates
politics (investment bankers auctioning off America’s
infrastructure to inside account of high-stakes battle for
health-care reform); Goldman Sachs, “vampire squid wrapped
around the face of humanity.”
(U.S. - 2008), Barry Eichengreen (2011).
Exorbitant Privilege: The Decline of the Dollar and the Future
of the International Monetary System. (New York, NY:
Oxford University Press, 224 p.). Professor of Political Science
and Economics (University of California, Berkeley). Money
--United States --History --20th century; Devaluation of
currency --United States --History --21st century; Financial
crises --United States --21st century; United States --Economic
policy --2009-. Rise of dollar to international prominence over
course of 20th century; how greenback dominated internationally
in second half of century for same reasons, same way, that
United States dominated global economy; several currencies have
shared international role over long periods; fate of dollar
hinges on economic policy decisions in the U.S.
Finance.
Amar Bhidé (2010).
A Call for Judgment : Sensible Finance for a Dynamic Economy.
(New York, NY: Oxford University Press, 353 p.). Thomas
Schmidheiny Professor, The Fletcher School of Law and Diplomacy
(Tufts University). Finance --United States; Capitalism --United
States; United States --Economic policy. Dialog, judgment
required in lending best exercised closer to actual borrower;
lending decisions had become overly mechanistic, centralized
prior to financial crisis that began in 2007 - important causal
factor in crisis: 1) overreliance on statistical models,
developed by financial economists, that often made unrealistic
assumptions, were misused by practitioners; 2) recent changes in
securities and banking regulations.
Globalization. Bernard E. Harcourt (2011).
The Illusion of Free Markets: Punishment and the Myth of Natural
Order. (Cambridge, MA: Harvard University Press, 328
p.). Julius Kreeger Professor of Law & Criminology and Chair and
Professor of Political Science (University of Chicago Law
School). Chicago Board of Trade; Punishment --United States;
Free enterprise --United States; Chicago school of economics.
1)
Even supposedly free markets are saturated with arbitrary,
biased regulation (police regulations governing 18th-century
Paris's grain market, rules of today's Chicago Board of Trade);
2) influential concept of the marketplace as "natural order"
that should remain outside government control implies its
obverse: "neoliberal penality" of harsh state-supervised
punishment for criminals who defy market's ethos; attack on
association of markets with freedom and government with
repression.
Growth & Influence.
Hardy Green (2010).
The Company Town: The Industrial Edens and Satanic Mills that
Shaped the American Economy. (New York, NY: Basic
Books, 264 p.). Former Associate Editor at BusinessWeek. Company
towns --United States --History; Industries --United States
--History; Industrial relations --United States --History.
How
American economy has grown, changed, how single-company
communities have reflected best and worst of American
capitalism; company towns are essence of America (Hershey,
Corning, Kohler, Maytag, Spam); each is signature product of
company town in which one business, for better or worse,
exercised grip over population; emergence of these communities,
their role in shaping American economy, beginning in country’s
earliest years (textile mills of Lowell, MA, R&D labs of
Corning, NY, coal mines of Ludlow, CO, corporate campuses of
today’s major tech companies); represent two very strands of
capitalism: 1) socially benign (paternalistic, utopian ideal
that fostered development of schools, hospitals, parks,
desirable housing for workers); 2) "Exploitationville" (focus
only on profits, at expense of employees’ well-being); origins
of America’s company towns, living and working conditions that
characterized them, violent, sometimes fatal labor
confrontations that punctuated their existence; transformation
underway in many such communities today.
Scandal.
David E. Y. Sarna; [foreword by] Andrew Malik (2010).
History of Greed: Financial Fraud from Tulip Mania to
Bernie Madoff.
(Hoboken,
NJ: Wiley, 416 p.). Serial Entrepreneur (founded three
companies, sold one, took two public). Fraud --Case studies;
Commercial crimes --Case studies;
Avarice --Case studies. How both naïve, sophisticated investors
were fooled by unscrupulous entrepreneurs, lawyers, hedge
fund managers, CPAs, Texas billionaires, political fundraisers,
music managers, financial advisers, former Mossad agents; people
behind financial fraud (Charles Ponzi, Baron Rothschild, Lou
Pearlman, Isaac Le Maire, world's first "naked" short-seller),
how they did it, why people continually fall prey to scam
artists; actions to take today to protect yourself; how markets
are manipulated, books are cooked, Ponzi schemes are hatched;
how markets really work, how scam artists abuse them to gain an
unfair edge or to outright steal; how luftgescheft ("air
business"), wizardry, dishonesty, fraud are used to swindle
people: 400 years of financial fraud (from everyday fraud to odd
and unusual); accounting fraud (phantom sales), stock option
fraud (backdating), auction rate securities, hedge fund fraud,
Ponzi schemes, promotion fraud (pump-and-dump scams), money
laundering; how to detect fraudulent schemes; how government
regulation only fixes yesterday's problems; no such thing as
free lunch, how not to become "greater fool."
FICTION
(Finance), Rex Ghosh (2010).
Nineteenth Street NW. (Austin, TX Greenleaf Book
Group Press 304 p.). International Economist at International
Monetary Fund. Finance -- fiction.
Sophia Gemaye, head of
International Monetary and Financial Organization (IMFO),
freedom fighter (from an obscure, mineral-rich, third-world
nation where the ruling elite plunders the country's wealth,
oppress the citizens. Western governments, greedy for the
natural resources, turn a blind eye). She turns to economic
terrorism, devises a plan to sabotage world currency markets to
bring the mightiest corporations and economies to their knees.
Financial markets begin to crumble, lives of key finance
ministers hang in the balance. Sophia and Celine O'Rourke, an
embittered IMFO veteran in dogged pursuit of Sophia's secret,
learn the price of love--and the cost of betrayal.
ANNIVERSARIES - 2010
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