Haverhill Public Library

Why Wall Street matters, William D. Cohan

Label
Why Wall Street matters, William D. Cohan
Language
eng
Bibliography note
Includes bibliographical references (pages 153-154)
Index
no index present
Literary Form
non fiction
Main title
Why Wall Street matters
Nature of contents
bibliography
Oclc number
956623792
Responsibility statement
William D. Cohan
Summary
"Anti-bank sentiment has reached a boiling point in America. What started with Occupy Wall Street and Bill Maher satirically calling for the death of Wall Street bankers has culminated with Bernie Sanders pushing the dissolution of the big banks into the official 2016 Democratic platform. But in Cohan's estimation, that sentiment is not only woefully ill-informed, but dangerously naive. Starting with what Wall Street literally is and what it actually does, Cohan swiftly debunks all of the misinformed arguments against it while acknowledging the problems that fuel those feelings. We can be mad at the greed and excess, but at the end of the day, Wall Street is the capital in capitalism, and when its working right, is the invisible engine that powers the ideas we have and the lives we love"--, Provided by publisher
Table Of Contents
What is Wall Street? -- The beginning -- What are banks? -- Crises -- The story of the central bank -- What we can learn from the Great Depression -- The problem with going public -- Innovation -- Why Wall Street matters
Content
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