A First-Class Catastrophe
The Road to Black Monday, the Worst Day in Wall Street History by Diana B. Henriques
- Published: Aug 19, 2020
The definitive account of the crash of 1987, a cautionary tale of how the U. S. financial system nearly collapsed-from the bestselling author of The Wizard of Lies Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell... read more
A First-Class Catastrophe - PDF free download eBook
Looking for file firstclass-catastrophe.pdf to download for free? Use our search system and download the ebook for computer, smartphone or online reading. Also, you can buy a paper edition of A First-Class Catastrophe for only $32.00. Links to the on-line stores you'll find on this page.
Details of A First-Class Catastrophe
- Exact title of the book
- A First-Class Catastrophe
- Book author
- Diana B. Henriques
- Henry Holt and Co.
- Sep 19, 2017
- PDF, FB2, EPUB, MOBI
- File size (in PDF)
- 3744 kB
Some brief overview of book
The definitive account of the crash of 1987, a cautionary tale of how the U. S. financial system nearly collapsed-from the bestselling author of The Wizard of Lies Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell 22.
6 percent almost twice as bad as the worst day of 1929 equal to a one-day loss of nearly 5,000 points today. Black Monday was more than seven years in the making and threatened nearly every U. S. financial institution.
Drawing on superlative archival research and dozens of original interviews Diana B. Henriques weaves a tale of missed opportunities, market delusions, and destructive actions that stretched from the "silver crisis" of 1980 to turf battles in Washington, a poisonous rivalry between the New York Stock Exchange and the Chicago Mercantile Exchange, and the almost-fatal success of two California professors whose idea for reducing market risk spun terribly out of control. As the story hurtles forward, the players struggle to forestall a looming market meltdown and unexpected heroes step in to avert total disaster.
For thirty years, investors, regulators, and bankers have failed to heed the lessons of 1987, even as the same patterns have resurfaced, most spectacularly in the financial crisis of 2008. A First-Class Catastrophe offers a new way of looking not only at the past, but at our financial future as well.
Download Firstclass Catastrophe as e-book
Press the button start search and wait a little while. Using file-sharing servers API, our site will find the e-book file in various formats (such as PDF, EPUB and other). Please do not reload the page during the search. A typical file search time is about 15-20 seconds.
A First-Class Catastrophe
Free service that helps find an e-book in automatic mode on private file-sharing servers.