Lyt når som helst, hvor som helst

Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis

  • Lyt og læs så meget du har lyst til
  • Opdag et kæmpe bibliotek fyldt med fortællinger
  • Eksklusive titler + Mofibo Originals
  • Opsig når som helst
Start tilbuddet
DK - Details page - Device banner - 894x1036

Exile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves

2 Anmeldelser

4.5

Længde
6T 38M
Sprog
Engelsk
Format
Kategori

Økonomi & Business

In Exile on Wall Street, star banking analyst Mike Mayo reveals for the first time the dirty details of his ongoing battle with Wall Street firms to come clean and proves that all the factors leading to the financial crisis -- dodgy accounting, the separation of risk from reward, outsized executive pay -- are still happening. From Citigroup announcing in July 2010 that it would increase its assets by 5 percent (which Mayo deemed near impossible) to being banned from speaking to media by Deutsche Bank in 2008 for his negative view of the banking sector, Mayo provides a glimpse into the true inner workings of Wall Street firms and claims it's just as bad today as it was pre-crash. He analyzes the regulation and fallout stemming from the crash and points out the holes that still exist in the system, particularly pertaining to the relationships analysts have with the companies they cover. In addition to outlining what he sees happening today on the Street, Mayo chronicles some of his most outrageous adventures: being escorted out of the building from Lehman in the 90s after giving notice (Mayo didn't understand that his analysis came second to supporting the firm's investment bankers and their deals); being let go from Credit Suisse after Mayo put a sell rating on the entire banking sector in May 1999; and being named the "CEO-killer" for asking CEOs if it was time they were replaced. To wrap up the book Mayo provides a solution to Wall Street's messy antics in his "ABC" system; "A" stands for better Accounting practices, "B" stands for Bankruptcy and allowing banks to fail when they can't cut it, and "C" stands for Capital, meaning companies should be required to keep more of their assets in reserve, reducing their overall leverage and giving them more of a cushion if (and when) their bets turn bad.

© 2020 Ascent Audio (Lydbog): 9781663704030

Release date

Lydbog: 20. juli 2020

Andre kan også lide...

  1. The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences William D. Cohan
  2. Supermoney Adam Smith
  3. Debt, Deficits, and the Demise of the American Economy Jeff Cox
  4. The Global Debt Trap: How to Escape the Danger and Build a Fortune Claus Vogt
  5. Bitcoin And Blockchain For Beginners: Bitcoin, Bitcoin Mining And Blockchain Basics Boris Weiser
  6. Fatal Risk: A Cautionary Tale of AIG's Corporate Suicide Roddy Boyd
  7. Confessions of a Radical Tax Protestor: An Inside Expose of the Tax Resistance Movement Larry R. Williams
  8. Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics Herman Cain
  9. Factor Investing For Dummies James Maendel, BFA
  10. DeFi(Decentralized Finance), Bitcoin And Cryptocurrency Trading And Investing For Beginners: Advanced Techniques On Lending, Borrowing, Investing & Trading On DeFi Platforms And Binance Boris Weiser
  11. Circle of Friends: The Massive Federal Crackdown on Inside Trading---and Why the Markets Always Work Against the Little Guy Charles Gasparino
  12. Rattiner’s Secrets of Financial Planning: From Running Your Practice to Optimizing Your Client's Experience Jeffrey H. Rattiner
  13. The Fundamentals of Hedge Fund Management: How to Successfully Launch and Operate a Hedge Fund Daniel A. Strachman
  14. Life in the Financial Markets: How They Really Work And Why They Matter To You Daniel Lacalle
  15. China's Rise and the New Age of Gold: How Investors Can Profit from a Changing World Stephen Leeb
  16. Excess Returns: A comparative study of the methods of the world's greatest investors Frederik Vanhaverbeke
  17. The Panic of 1907, 2nd Edition: Heralding a New Era of Finance, Capitalism, and Democracy Sean D. Carr
  18. JPMorgan's Fall and Revival: How the Wave of Consolidation Changed America's Premier Bank Nicholas P. Sargen
  19. Rigged Money: Beating Wall Street at Its Own Game Lee Munson
  20. Beyond Banks: Technology, Regulation, and the Future of Money Dan Awrey
  21. Broken Bargain: Bankers, Bailouts, and the Struggle to Tame Wall Street Kathleen Day
  22. Good for the Money: My Fight to Pay Back America Bob Benmosche
  23. Private Equity Finance Made Easy: Step by Step Private Equity Finance, Fundraising, Valuation & PE Deals Guide For Startup Founders, Entrepreneurs, Fund Managers & Investment Bankers Umran Nayani
  24. Modern Economics Ben Bailey
  25. The Federal Reserve and the Financial Crisis Ben S. Bernanke
  26. Essays on the Great Depression Ben S. Bernanke
  27. Corporatizing American Health Care: How We Lost Our Health Care System Robert W. Derlet
  28. Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank Weijian Shan
  29. The Bombardier Story: From Snowmobiles to Global Transportation Powerhouse Larry MacDonald
  30. The Energy Wars – The Future of Renewable Energy & Sustainability: How Solar, Wind, and Nuclear Are Shaping the Battle for a Greener Future James Nemeth
  31. Management Divided: Contradictions of Labor Management Matt Vidal
  32. Yellen: The Trailblazing Economist Who Navigated an Era of Upheaval Jon Hilsenrath
  33. A Banker's Journey: How Edmond J. Safra Built A Global Financial Empire Daniel Gross
  34. That's China: A British entrepreneur versus the Chinese propaganda machine Mark Kitto
  35. Car Crazy: The Battle for Supremacy between Ford and Olds and the Dawn of the Automobile Age G. Wayne Miller
  36. Taming the Risk Hurricane: Preparing for Major Business Disruption David Hillson
  37. Plagues Upon the Earth: Disease and the Course of Human History Kyle Harper
  38. Billionaires in World Politics Peter Hagel
  39. Generation Gap: Why the Baby Boomers Still Dominate American Politics and Culture Kevin Munger
  40. The Great U.S.-China Tech War Gordon G. Chang
  41. The Law Frederic Bastiat
  42. Fortress London: Why we need to save the country from its capital Sam Bright
  43. Upper Hand: The Future of Work for the Rest of Us Sherrell Dorsey

Vælg dit abonnement

  • Over 600.000 titler

  • Download og nyd titler offline

  • Eksklusive titler + Mofibo Originals

  • Børnevenligt miljø (Kids Mode)

  • Det er nemt at opsige når som helst

Flex

For dig som vil prøve Mofibo.

89 kr. /måned
  • 1 konto

  • 20 timer/måned

  • Gem op til 100 ubrugte timer

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Prøv gratis
Den mest populære

Premium

For dig som lytter og læser ofte.

129 kr. /måned
  • 1 konto

  • 100 timer/måned

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Unlimited

For dig som lytter og læser ubegrænset.

149 kr. /måned
  • 1 konto

  • Ubegrænset adgang

  • Eksklusivt indhold hver uge

  • Fri lytning til podcasts

  • Ingen binding

Start tilbuddet

Family

For dig som ønsker at dele historier med familien.

Fra 179 kr. /måned
  • 2-6 konti

  • 100 timer/måned pr. konto

  • Fri lytning til podcasts

  • Kun 39 kr. pr. ekstra konto

  • Ingen binding

2 konti

179 kr. /måned
Start tilbuddet