Crisis Book Reviews Samples For Students

__ April 2014

Summary:

- What the Paper is about
This study was done by four students from Department of International Business at Schulich School of Business (Bae et al., nd) to test how expropritaion incentives of controlling shareholders impact firm values during a financial crisis and the recovery period.
The results of the expropriation model ran for Asian firms for their 1997 crisis and Latin American firms for the 2001 Argentine economic crisis were aligned with the main hypothesis. The hypothesis called “expropriation hypothesis” posits that the value of firms with weaker corporate governance would significantly drop during a ...

Book Review: One Minute to Midnight

It is almost two decades since the occurrence of the infamous Cuban missile crisis. The events that unfolded in the fall of 162 have attracted many researchers, who have focused on the analysis of how Cuba, a small island nation, became the focal point of the Cold War. One of the most researched and written about events in the Cold War is the Cuban missile crisis. Prominent researchers have taken this course to give the political view and possible consequences of this infamous event. Various authors and experts have compiled extensive amounts of information from a number of different written sources ...

Introduction

Ozzie Zehner in contrary to others makes it clear that the globe is not on an energy crisis but rather on an energy consumption crisis. The key issue as with Ozzie is on the weight that the environmentalism is given to this problem. It is more of what every individual in the use and concern of environment things about this issue and not just, how we publish and talk about it without a standing order to address this issue. Since the problem of environment has existed and seamed to advancing since then despite the various talks that appear to be ...

The Big Short is a text by Michael Lewis. It is a piece of nonfiction that deals with the financial crisis of the early 2000s. Lewis examines a number of the most important issues and players in the financial crisis, looking into the major reasons that the credit and housing bubbles burst; Lewis takes a slightly different approach to the issue, however, because he is heavily concerned with the personality of the individual who bets heavily against great odds, as some financial analysts did in the time leading up to the financial crisis and the burst of the housing and credit bubbles.
...

The Return of Depression Economics and the Crisis of 2008

The Return of Depression Economics and the Crisis of 2008 is an economics book that was written by Paul Krugman. The book is an analysis of the 2008 financial crisis that followed an economic downturn amid huge economic activity in the financial sector of many economies including that of the United States of America. The book further follows and traces integration of the unfavorable economic conditions into the financial crisis experienced in the year 2008. In addition, Paul Krugman considers the parameters that characterize a relationship in an economic depression context basing the argument on the depression and the economic ...

Introduction

In his book “ When Genius Failed,” Roger Lowenstein`s fundamental argument is that the events and the activities that occurred at the Long Term Capital Management hedge fund ultimately acted as a trigger or precursor to the 2008 Global Financial Crisis that occurred 8 years after the fund`s winding up. Throughout the book, Lowenstein gives a detailed account of the formation, growth, expansion and ultimate fall of the fund which was founded and run successfully for 5 years by John Meriwether.
Although Lowenstein does not make any specific reference to the 2008 financial crisis since after the entire ...

Analysis of a Panic of 1907

The world has a witnessed some global financial crisis. The most notable one is the great depression that had severe impacts on the economy of the world. Developing nations were adversely affected by the crisis that hit many free markets. Nevertheless, the 20th century was marked by a panic, which ensued on the Wall Street. The aftermath is that American economy and Europe was not spared either as well as the rest of the world. The main aim of this exposition is to analyze the book The Panic of 1907; lessons learned from the Market’s Perfect Storm by ...

Introduction

In the year 2008, the United States was plunged into a financial crisis that was the worst ever experienced since the Great depression. Most banks collapsed during this period and the state was involved in organizing for a transfer of wealth. Many scholars among them economists and financial experts were shocked by the speed at which the events took place. John Bellamy in his book “The Great Financial Crisis” gives a bold analysis of the financial meltdown, its causes, how it developed and the implications that it had to the general economic status of America and other countries across the globe.

This ...

The Dag Hammarskjöld Foundation supports a “Development Dialogue” series in order to encourage and promote dialogue, communication and debate on subjects between North and South global divisions. In June 2012 the Foundation published a book edited by the Civil Society Reflection Group on Global Development Perspectives titled No Future without Justice. The civil society reflection group was established in the fall of 2010 and is comprised of members of a variety of civil society organizations (CSOs). At first the group came together informally in order to discuss the numerous global crises that are happening simultaneously. By November of 2010 the group ...

The Turkish Economy after the Global and Financial Crisis by Dani Rodrik is an article that clarifies how Turkey has encountered three financial crises. Turkey has gone through three monetary catastrophes since it unlocked up its investment interpretation in 1989. The first occurrence was in 1994 when a mistaken effort to keep local interest charges low led to an unexpected capital leakage. The other one was in 2001, when a petty political catastrophe threw the survival of an exchange ratio centered a steady program into inquiry. It also led to a huge pulling out of funds. The third occurred in 2008 as an ...

‘Globalization and its discontents’ is a book written with a sharp wit to provoke the reader into keenly reading and analyzing the whole book. The book is written to illuminate the truth about globalization and the major problems brought about by the whole process of globalization and market liberalization.
The author of the book has vast experience in dealing with world economics having worked at the US economic control body and the IMF. His book appears to draw most of its contents from personal experience while working at the top positions in the institutions.
The main argument of the ...

Globalization can be defined as the increasing relationships in the globe concerning culture, economical activities and political influences. In economics, economic globalization refers to the unrestricted movement of goods and services across the national borders with little or no barriers. It has been argued that economic globalization can result in economic growth in developing and developed countries through specialization, reduced labor and technology importation and comparative advantage. Critics have challenged the idea of globalization by claiming that the people encouraging globalization only looks exaggerates the advantages and underestimates the costs of globalization. It is in this perspective that we ...

The book Wolf by the Ears authored by John Van Atta explicitly describes the events of the sectional conflict that proliferated to the American Civil War and later triggered the balkanizing war over Missouri statehood (Atta 30). The author notes that the Louisiana territory purchase was organized to position it entirely on the Northwest of Ohio and West of Mississippi; however, the Missouri crisis bore a strategic significance based on anti-and pro slavery movements. In particular, the congressional representatives from North supported the expansion of slavery, while those from South expressed outrage and fired sectional attack to the Northerners. ...

Introduction

Democracy is the instances in which the majority people of a state always have their way. In democratic state people are entitled to their own freedoms of expression. For a country to be a democratic there are many challenges that they always face. These are challenges that always oppressive to those that are in the forefront fighting for these democracies. Those that are in power always find ways to stop a state from being democratic due to their own selfish motives. In Europe, it was not an easy journey to democracy. There were many challenges that they faced while they tried to bring ...

On the brink: Inside the race to stop the collapse of the global financial system is an account of the events that took place prior to and during the global financial crisis and the federal governments’ efforts to save some of the major banks in the united states. It zips through Paulson’s career (with a political stint as an aide in the Nixon White House) and then concentrates on his extraordinary 30 months in treasury. When Hank Paulson (the then chairman and Chief Executive Officer at Goldman Sachs) joined the Bush administration as the treasury secretary of state July ...

The book chosen for review is considered to be one of the most important for understanding the complicated system of derivatives and general reasons of economic crisis. When genius failed: the rise and fall of long-term capital management is the book written by financial journalist Roger Lowenstein who has written articles for the "Wall Street Journal" for more than two years. He has published three books and also initiated various publications for "Smart Money" and "The New York Times". The work When genius failed: the rise and fall of long-term capital management provides readers with fundamental basis for deep ...

“The Jungle” is a novel by Upton Sinclair, an American Socialist with the intention to address the plight of meat packers in the hands of the beef trust. The setting of the novel is in Chicago; a town where Upton traveled while he was just twenty-six years old with the grand vision to help in sensitizing and pushing for better working conditions of the meat workers. The meat industry seemed to weave together all the misfortunes experienced by all other workers in the American society in the early 1900s.
Upton's novel The Jungle was first published in 1906 and became a ...

In his compelling book “31 Days: The Crisis That Gave Us the Government We Have Today,” Barry Werth sheds new light on the four weeks after President Richard M. Nixon resigned and departed from the White House in 1974, and the ongoing effects of that period. After Nixon’s departure when Gerald Ford reluctantly assumed presidency, the country was reeling from Watergate scandal. President Ford desperately needed to prove himself by stabilizing the nation, deciding whether his disgraced predecessor would be pardoned, and establishing his own administration. All in all, Werth’s book highlights the burden of the demanding ...

Book Review - How to Be a People Helper

General Subject Matter: Biblical Self-Help
Price: $11.75
ISBN: 9780842313858

In How to Be a People Helper, Collins (1995) seeks to use Biblical principles and acts of kindness and consideration in order to increase our sensitivity to others' needs. In writing this book, Collins hopes to inspire paraprofessionals (those who are not experts or professionally trained, but have taken workshops or have some experience in Biblical counseling) to have the tools to effectively help others. The book is also written from the perspective of these paraprofessionals, in order to provide information as to how to relate to others and ...

When the Genius Failed-The Rise &Fall of Long Term Capital Management (LTCM) provides in depth insight into the world of hedge funds (Lowenstein, 2001). It outlines useful lessons to investors by illustrating the way capital markets can be severe on individuals and entities that have reduced capital markets to precise mathematical and scientific analysis. The text explores who the leading characters are, how they grew, marketed and managed the long term funds, and the factors that led to their collapse. Ideally, the author attempts to make complex financial concepts and structures easy to understand. The book provides examples suggesting ...

The book titled “When Genius Failed: The Rise and Fall of Long-Term Capital Management”, written by one of the famous financial journalists, Roger Lowenstein gives an account of how the 1998 collapse of Long-Term Capital Management (LTCM), a hedge fund panicked the financial markets . The author explains in his book about how banks relied on various brand names that have been established LTCM through its partners and how lenders were ignorant to the assets and strategies of LTCM. He illustrates several examples that suggest the models, strategies and trades used by LTCM, thereby offering valid reasons as to how ...

"Thе Lіmіts of Pаrtnеrshіp. U.S.-Russіаn Rеlаtіons іn thе Twеnty-Fіrst Cеntury":

Book Review

Introduction
In the introduction to the book The limits of partnership: U.S.-Russian relations in the twenty-first century, Angela Stent mentions in passing the reason the United States remains interested in Russia.
Every American administration since 1992 has recognized that a key interest in dealing with Russia has been to prevent it from that a key interest in dealing with Russia has been to prevent it from acting as a spoiler in areas where the United States ...

Section I: progressive review of JFK and the Unspeakable: Why He died and why it Matters

It was anthropologist Mary Douglas who observed that Human is at heart, creatures of denial, they crave for stability especially when their notions are threatened, rearrange the way they conceive issues and deny the challenges. In her book, JFK and the unspeakable: Why He Died and Why It Matter, Douglas offers an incisive and searing diagnosis of the various ills that marked the death of once an American icon and human activist John F. Kennedy. In an articulate voice, the well known anthologist, advocate and writer in different universities offers a compressive scanning on the episodes that marked the termination ...

[Writers Name]

Joseph E. Stiglitz surely knows a thing or two about International Economics. The Nobel Laureate Columbia University Economics Profe.ssor, who served from 1995 to 1997 under US President Bill Clinton as the Chairman of the Council of Economic Advisers, and then from 1997 to 2000 as the Vice President and Chief Economist at the World Bank, debates in detail, the effect that globalization has had on the world.
Globalization, as a process, is the coming together of countries. It all but eliminates the needs for boundaries, making countries interconnected. The resulting effects are increased trade, better communication, and ...

Introduction

In the book, “Radical Ecology: The Search for a Livable World,” Merchant has essentially written a handy introduction to the ecological problems as well as issues from a radical viewpoint. Capra (1996) agrees that ecological thinking emerged simultaneously in a number of disciplines in first half of the century particularly in 1920s. The ecological thinking was pioneered by the biologists, who stressed the opinion of living organisms as the integrated wholes a fact shared by Merchant. In Radical Ecology, Merchant manages to incorporate major topics of concern like social ecology, deep ecology, science and worldviews, ecofeminism, spiritual ecology, among other important topics, all of ...

This book is the great work of a renowned scholar throughout the field that deals with weapons of the nuclear origin and also international relations. The book tries to examine the crisis of order emerging due to existence of mass destruction weapons. Therefore the book is majorly skewed towards the issue of nuclear power and if there could be any measures aimed to control the impasse caused by this problem.
The book cites that the key problem regarding the international order originated in the period of nineteenth century, a time when new sciences were coming about, industrialization was also on ...

Carter, Jimmy. Keeping Faith: Memoirs of a President. New York: Bantam Books, 1982.
Jimmy Carter’s term as the U.S. President was essentially a time between two reigns, a bridge and carried the country from the end if its concern with Watergate scandal to the advent of Reagan revolution (Elston 3). Carter arrived in Washing from Georgia in 1977 as an outsider who conformed to the political odds to secure an elective position in the first place. He left office after four years, still largely an outsider, after a shocking electoral defeat in which he lost 44 out of 50 states. Keeping ...

Fletcher, Bill, and Fernando Gapasin. Solidarity divided: the crisis in organized labor and a new
path toward social justice. Berkeley: University of California Press, 2008.

In Bill Fletcher's book Solidarity Divided: The Crisis in Organized Labor and a New Path Toward Social Justice, the authors delve into the intricacies of the US labor trade union movement. Today, the struggle for labor and union rights is ongoing and extremely complex; the authors examine the various issues that are causing the complexity and advocate for a greater sense of social justice. The purpose for writing this book is to win the war for ...

Book Review: The Leadership Challenge by Barry Z. Posner and James M. Kouzes

First written in 1987 by two authors considered to be experts in the field of leadership, The Leadership Challenge has gone to become one the most trusted voices on the subject of leadership as well as an all time best seller leadership book. One of the reasons for this is that the authors, Barry Z. Posner and James M. Kouzes, in the true spirit of leadership, have churned out regular revisions to their original work, continuously adding to and improving upon content based on the ongoing changes in the corporate environment. The classic’s fourth edition has been released ...

Introduction

Casino Capitalism is a vivid description of the international financial markets, their behavior, and the economic strength they yield to various entities. The book goes on to describe the advantages of international financial markets and some of the evils associated with the same. The author, Susan Strange was a former student of the British international relations studies; she is mostly renowned for her contributions to the creation of the international political economy. Apart from her major publication of the Casino Capitalism in 1986, she also published other books, namely: States and Markets (1988), The Retreat of the State (1996) ...

Time and again, the history of consumer debt in the United States has been given the time and attention of many researchers although not too many have looked into the state of personal debts in the country and its evolution. In his book, Louis Hyman attempts to resolve this case, looking back into the personal credit of the Americans for the past 200 years. Hyman checks the four connecting themes: the many that consumers make their purchases, the institutions that grant personal loans, the government’s role in personal financing, and the development of technology that has paved the ...

This paper describes the social movements that Blacks participated in during the period from 1900 to date. It tackles the ways in which the movements can be described as one long civil rights movement, and also how were they distinct movements. The paper further assesses their goals and the manner in which they have effected change in the United States. The paper also points out prominent civil rights activists that played an important role in spearheading the civil rights movements.
Most of the black social movements from 1900 to date have basically been fighting against racism. The 20th Century ...

Book Report

Thomas R.M believes that studying and understanding the growth and development of a child is helpful to train the young on how to live well. Children differ in emotional growth, physical, social and cognitive patterns. Children differ even if they are identical twins. Think of a child; you will find out that their response to the play, affection, people, and objects be it living or non-living in their environment is very different. In this book, Thomas R.M helps us to understand children better by discussing the principles of child development, the brain growth, and development of a child. He ...

BOOK REVIEW

Book Review
Politics has always remained a subject of intense study. Students of political science, brought up on the ideals of Western Civilizational thought, right from Plato to Westphalia, have starry-eyed notions about how the world’s largest democracy, the USA, functions. A close corollary is an intense curiosity about the goings-on behind the curtains in Washington, arguably the biggest seat of power of democracy in the modern world. It is this world that Mark Leibovich (2013) writes about in his book ‘This Town: Two Parties and a Funeral- Plus, Plenty of Valet Parking!’ and the outcome is a ...

The book When genius failed: the rise and fall of long-term capital management created by Roger Lowenstein, popular financial journalist, helps reader to understand the general reasons of economic crisis. It is important to mention that the author had gained great experience in the sphere of fund market analysis before he wrote the book to be discussed. He worked for "Wall Street Journal" and wrote article for well-known magazines and newspapers initiating reports on finance. The analysis of LTCM was conducted by the author. This company had a great impact within the financial market that is why Lowenstein accepted ...

(The Big Short: Inside the Doomsday Machine by, Michael Lewis.)
The group of people that the book focuses on shows how they sold bonds to investors that were packaged as a safe bet. It shows the great lengths they went to in order to lure in investors, although they knew in actual fact the bonds were extremely risky investments. The group were also aware that in case of a Global Financial Crisis, the government would bail them out, and thus, they could get away with trading in this way.
In a way the author shows readers that this kind ...

Book Review

Joyce Appleby, a renowned scholar and professor emeritus at the University of California, has authored numerous books and articles with a unique focus on historiography. Her literal works thus include her thoughts regarding capitalism, liberalism and on the American republic. This manuscript will thus focus on one of her literal works, “The Relentless Revolution- A history of Capitalism”. This book offers insights regarding the rise of capitalism globally and its mutation over time. According to Appleby, capitalism is a breakaway from several circumstances which have occurred over time and as such, it has to be interpreted as a historical ...

9-2) Beer and marijuana are substitute goods, i.e. when the demand for one goes up, it is expected that the demand for the other is likely to go down, as most people would consume either of the two products. When marijuana gets legalized, the distributors would fear that their sales would decline. So beer distributors are likely to oppose the legislation regarding legalizing marijuana.
On the other hand, snack food and marijuana are generally considered to be complementary products, i.e. the demand for one of them increases the demand for the other. This way, when marijuana gets legalized, snack ...

“Chain Her by One Foot: The Subjection of Women in Seventeenth-Century New France” exhaustively exposes how the advent of the Europeans disrupted the feminine roles, responsibilities and way of life in the native America. The author, Karen Anderson, who has served the government and the people of Scotland at different capacities, as the commissioner of Royal Fine arts, chair of Architecture and Design and founding partner of Anderson Bell Christie is the convener of the Saltire Housing Design Award Panel. Her eloquence in communication and professionalism in architecture has enabled her handle several community based projects that specifically involve ...

Following the American Psychological Association’s Guidelines

The book, “Nickel and Dime” by Gary Soto is once again proof that the author knows how to weave seemingly pointless stories together in order to prove something greater. The novel is a highlight reel of America’s consumerist tendencies, pack mentality, and how we force those we believe do not belong to the sidelines even when they so desperately want to be a part of what we are building. Many of the characters included in the novel appear to be criminals on the surface, desperate for what may not be theirs for the taking. Society paints them in this way, ...

Book Review of “Is China Buying the World”

As China grows to become the world’s largest economy, catching up with even the United States in the coming decade, it is important to understand the strategic growth objectives of the Chinese economy. Several authors have written books and research papers on the Asian Tiger, and the country is setting the pace of its economic growth. From becoming the manufacturing hub of the world at the end of the last millennium, China is now looking to expand its presence beyond its shores (Mitter, 2008). In the last decade, Chinese companies have begun acquiring companies and assets such as ...

Introduction

In every country, literature is a sort of mirror that reflects all changes in society. The Shanghai Express by Zhang Henshui is a good example of Chinese literature and helps us to understand the nature of Chinese modernization. This social and psychological portrait of modern China pays special attention to the issues of gender, class, and modernization.

Modern and traditional China

Each country that has a period of modernization, experiences the same problem of the conflict between traditions and modern patterns. China's response to European model of modernization produced turmoil and chaos. China demonstrated the specificity of its national spirit and responded with feebleness. The author ...

(An Application of the Seven Major Sources of Economic Progress)

Authors: William Seyfried & Rollins College

- Article Summary
The article ‘Employment Intensity of Economic Growth’ seeks to examine the relationship between economic growth, as measured by the GDP, and employment levels, with the main focus being on the margin countries of Europe known as PIIGS (Portugal, Ireland, Italy, Greece and Spain). It pertains to research done between 1999 and 2012 to study unemployment growth rates and GDP after the financial crisis proved that the peripheral countries were in a dire financial state.
The financial crunch immensely reduced the availability of financing, and hence ...

In her book, "My Fight for a New Taiwan: One Woman's Journey from Prison to Power", Lu Hsiu-lien details a long history of Taiwan, one that is primarily dominated by Chinese Empire. She states that much of Taiwan's history was developed in the shadow of its large neighbor to the northwest, China. In her book, she paints a picture of present-day Taiwan as well and maps a course for the future of the small island nation.
Taiwan's traditions are rooted in Confucianism, a type of philosophy that can trace its origins to China about three millennia ago, a philosophy promulgated by Confucius which underlies ...

Book Review of

“The Hot Zone” written by Richard Preston is a non-fiction English book published by Anchor in 1995. It contains 420 pages and based on Richard Preston article “Crisis in the Hot Zone.” It is a thriller that deals with the source and occurrences relating to viral hemorrhagic fever especially Ebola viruses and Marburg viruses. The filo viruses, Ebola Virus called EBOV, Sudan Virus called SUDV, Marburg Virus called MARV and Ravn Virus called RAVV are the agents of level four of Biosafety. They are enormously hazardous to humans due to being very contagious and with an extraordinary casualty rate. There is ...

OCTAVIA BUTLER’S KINDRED

Kindred is a 1976 novel by Octavia butler. The novel is a combination of African American literature and science fiction. This is because the book tells the story of slavery from the perspective of 1976 woman. The novel also entails elements of fantasy as it involves time travel and of course acts of heroism by the time traveler.
Dana is a young African American woman who has just moved into her new apartment with her husband Kevin in California. On the ninth of June 1976 as Dana is busy unpacking in their new apartment she suddenly gets dizzy. Her vision gets ...

Book review of ‘Childhood and Society’ by Erik Erikson – Book review, Literary and Psychological Analysis, Reflections on reading the book

[The author’s name]

Abstract

This paper will present you with the book review of ‘Childhood and Society’ by Erik Erikson. The review will focus on the analysis of its context in literary and psychological terms, its contribution to the field of psychology as well as on the reflections deriving from its reading. A short presentation of the book’s structure will be given providing you with a highlight of the basic elements of each chapter. Emphasis will be given on the psychological theory developed in this book on behalf of Erik Erikson, a widely acknowledged psychologist and psychoanalyst who has developed ...

Chapter 1: Learning Objectives

- Define development, focusing on three elements of its scientific study.
Development is the scientific study of people’s lifespan changes, that is, from conception (womb) to death (tomb). It focuses on the systematic changes that occur over time among all individuals, and which explain continuities and discontinuities in life.
- List and describe the basic steps of the scientific method.
- Posing of the problem is done based on prior research, theory or observation.
- Formulating of a hypothesis refers to an educated prediction, which can be verified or tested.
- Testing of the ...

Part 2

Rodrik portrays globalization as problematic and continues to claim that it leads to a problem of triangulation. He asserts that the countries cannot pursue all their internal activities without external interference. This is a case of a trilemma where nations are unable to afford national autonomy, democracy and economic liberty at the same time. This is because trade affects the internal structures of countries and also exerts political influence in the countries administrations.
Globalization has suffered many hitches since it was introduced. The author cites the collapse of the gold standard of the 1914 due to economic problems. This was because ...

Literature:

Memoirs of a Proud Father
“Is he really my son?” I sometimes wonder at the ways of my son, Amir. I had been so different as a child. The best kite flyer, tall and athletic and loved as a football hero! While my son seems to be hiding behind his mother’s books all the time. He doesn’t even enjoy watching football, let alone play it. I observe with a sinking heart that he is easily bullied, and Hassan, who is only living as a servant’s son, defends him and protects him. The most disgusting habit of his is to cry, ...

Remembering the Great Depression in the Rural South by Kenneth Bindas is an impressive book and the most intriguing thing about it is the diversity of the individuals that Bindas interviewed. The major theme in the book is the tender balance of austere poverty and bounteous selflessness. By using thematic presentation in his book, Bindas has interwoven a hail of voices and has run interpretive analysis. He has done this in order to skillfully demonstrate not only the crisis and destitution that was involved in the Depression but also the clear “collective consciousness” that left a lasting mark on the ones ...

America’s Vaguest Conflict

Donald Hickey’s history of the War of 1812 closely examines the international diplomatic incidents and political infighting that shaped what would essentially become America’s second war for survival. The international situation, dominated by the conflict between Britain and France, complicated the exchange of commerce between the new American republic and Great Britain. Hickey’s account of the prelude to war, and the war’s prosecution, reveals that the war’s desultory outcome, which ended in America’s survival, was remarkable in itself considering the incompetent military and administrative performance of the Americans.

Keywords: Donald Hickey, War of ...

Book Review: Thirteen Days by Robert Kennedy

Thirteen days is a book based on the actual thirteen days between October sixteenth and October twenty eighth in the year nineteen sixty two. It is a period of time when the world stood at the blink of nuclear war that could have caused total obliteration of the Earth. This period was branded with the name ‘Cuban missile crisis of nineteen sixty two’. President John F. Kennedy selected a team of specialist to manage the tense situation created by this threat. The book offers an in-depth account of the meetings of this Executive Committee (ExComm) as told by Robert Kennedy. He was ...

The Rise and Fall of Long-Term Capital Management

Bestselling author Roger Lowenstein masterfully tells the story of Long-Term Capital Management – one of the most illustrious hedge funds of its day. A financial market power that made Merrill Lynch’s “thundering herd” seem like a bunch of noisy kids at its heyday, today LTCM is a case study of greed, hubris, and the marriage of academia and Wall Street. If you have ever wondered how top scholars and Nobel prize winners, who are on the cutting edge of human understanding of the workings of financial markets, would perform as hedge fund managers, the story of LTCM gives you the answer.

The Rise of Long-Term Capital Management

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