Wall Street Bank Involvement With Physical Commodities

Author : Carl Levin
Publisher :
ISBN 13 : 9781457864902
Total Pages : 403 pages
Book Rating : 4.08/5 ( download)

DOWNLOAD NOW!

Download or read book Wall Street Bank Involvement with Physical Commodities written by Carl Levin and published by . This book was released on 2014-12-24 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Senate has been investigating case histories on the workings of the commodities markets, to ensure well-functioning markets with market-based prices, effective hedging tools, and safeguards against market manipulation, conflicts of interest, and excessive speculation. This is the report of an investigation of the recent rise of banks and bank holding companies as major players in the physical markets for commodities and related businesses. It presents case studies of three major U.S. bank holding companies, Goldman Sachs, JPMorgan Chase, and Morgan Stanley, that over the last decade were the largest bank holding company participants in physical commodity activities. The report shows how the tradition of separating banks from commerce is eroding, and along with it, protections from risks and potentially abusive conduct. It also shows how the Federal Reserve has taken insufficient steps to address this problem. Tables and figures. This is a print on demand report.

Author : United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Permanent Subcommittee on Investigations
Publisher :
ISBN 13 :
Total Pages : 1774 pages
Book Rating : 4.63/5 ( download)

DOWNLOAD NOW!

Download or read book Wall Street Bank Involvement with Physical Commodities written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Permanent Subcommittee on Investigations and published by . This book was released on 2014 with total page 1774 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.70/5 ( download)

DOWNLOAD NOW!

Download or read book Wall Street Bank Involvement with Physical Commodities, S.Hrg.113-501, November 20 and 21, 113-2 written by and published by . This book was released on 2015* with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Permanent Subcommittee on Investigations
Publisher :
ISBN 13 :
Total Pages : 3054 pages
Book Rating : 4.40/5 ( download)

DOWNLOAD NOW!

Download or read book Wall Street Bank Involvement with Physical Commodities written by United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Permanent Subcommittee on Investigations and published by . This book was released on 2014 with total page 3054 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Maureen O'Hara
Publisher : W. W. Norton & Company
ISBN 13 : 0393285529
Total Pages : 224 pages
Book Rating : 4.29/5 ( download)

DOWNLOAD NOW!

Download or read book Something for Nothing: Arbitrage and Ethics on Wall Street written by Maureen O'Hara and published by W. W. Norton & Company. This book was released on 2016-10-25 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: From a leading financial economist, a searching examination of the ethics of modern finance. In 2001, Goldman Sachs structured a complex financial contract so that its client, the government of Greece, would appear to have far less debt than it actually did. When news of this transaction came out years later, the inevitable question arose: Even though Goldman’s actions were legal, were they ethically wrong? Is modern finance itself inherently unethical? In Something for Nothing, financial economist Maureen O’Hara explains that one of the key innovations of modern finance is its reliance on arbitrage, the practice of taking advantage of a price difference between two or more markets to generate profits and remove inefficiencies. When done correctly, arbitrage can create value at little or no cost (in effect, getting “something for nothing”); but it can also be an exploitative tool. In a lucid, insightful discussion of the ethics of arbitrage in modern finance, O’Hara reveals how the rules can often be stretched into still-legal yet highly unethical business practices. Examining key cases in clear and persuasive prose, O’Hara illuminates various aspects of financial ethics, from the Goldman Greek transaction to Lehman Brothers’ attempt to cover up its debt, JPMorgan Chase’s maneuvers in California’s energy markets, Bernie Madoff’s trading strategies in the 1980s, high-frequency trading practices, and toxic loans in France. Ultimately, O’Hara turns to philosophy and religion to argue for a new, humanistic approach to ethics in the financial industry. She makes a strong case for a way forward: fewer rules and more standards to foster a morally responsible outlook. Fearlessly raising the questions at the moral heart of our financial system, Something for Nothing is a masterful treatise on the ethics of modern finance.

Author : Rana Foroohar
Publisher : Currency
ISBN 13 : 0553447254
Total Pages : 402 pages
Book Rating : 4.55/5 ( download)

DOWNLOAD NOW!

Download or read book Makers and Takers written by Rana Foroohar and published by Currency. This book was released on 2017-09-12 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is Wall Street bad for Main Street America? "A well-told exploration of why our current economy is leaving too many behind." —The New York Times In looking at the forces that shaped the 2016 presidential election, one thing is clear: much of the population believes that our economic system is rigged to enrich the privileged elites at the expense of hard-working Americans. This is a belief held equally on both sides of political spectrum, and it seems only to be gaining momentum. A key reason, says Financial Times columnist Rana Foroohar, is the fact that Wall Street is no longer supporting Main Street businesses that create the jobs for the middle and working class. She draws on in-depth reporting and interviews at the highest rungs of business and government to show how the “financialization of America”—the phenomenon by which finance and its way of thinking have come to dominate every corner of business—is threatening the American Dream. Now updated with new material explaining how our corrupted financial sys­tem propelled Donald Trump to power, Makers and Takers explores the confluence of forces that has led American businesses to favor balance-sheet engineering over the actual kind, greed over growth, and short-term profits over putting people to work. From the cozy relationship between Wall Street and Washington, to a tax code designed to benefit wealthy individuals and corporations, to forty years of bad policy decisions, she shows why so many Americans have lost trust in the sys­tem, and why it matters urgently to us all. Through colorful stories of both “Takers,” those stifling job creation while lining their own pockets, and “Makers,” businesses serving the real economy, Foroohar shows how we can reverse these trends for a better path forward.

Author : Ronald P. Formisano
Publisher : JHU Press
ISBN 13 : 1421417405
Total Pages : 268 pages
Book Rating : 4.00/5 ( download)

DOWNLOAD NOW!

Download or read book Plutocracy in America written by Ronald P. Formisano and published by JHU Press. This book was released on 2015-09-15 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: This data-driven book offers insight into the fallacy of widespread opportunity, the fate of the middle class, and the mechanisms that perpetuate income disparity.

Author : Lawrence Jacobs
Publisher : Oxford University Press, USA
ISBN 13 : 0197573126
Total Pages : 305 pages
Book Rating : 4.29/5 ( download)

DOWNLOAD NOW!

Download or read book Fed Power written by Lawrence Jacobs and published by Oxford University Press, USA. This book was released on 2021-03 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lawrence Jacobs and Desmond King's Fed Power is the first sustained examination of the Fed as a potent political institution that systematically provides concealed advantages to a privileged few. The authors trace the Fed's historic development from the fiery tug-of-war over monetary policy during the 19th century to its current position as the most important institution in the American economy, possessing unparalleled capacity and autonomy to intervene inprivate markets.

Author :
Publisher :
ISBN 13 :
Total Pages : 898 pages
Book Rating : 4.62/5 ( download)

DOWNLOAD NOW!

Download or read book Minnesota Law Review written by and published by . This book was released on 2015 with total page 898 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author :
Publisher : DIANE Publishing
ISBN 13 : 1437984673
Total Pages : 646 pages
Book Rating : 4.75/5 ( download)

DOWNLOAD NOW!

Download or read book Wall Street and the Financial Crisis: Anatomy of a Financial Collapse written by and published by DIANE Publishing. This book was released on 2011 with total page 646 pages. Available in PDF, EPUB and Kindle. Book excerpt: