Fools Gold

Download or read book Fool's Gold written by Gillian Tett and published by Simon and Schuster. This book was released on 2009-05-12 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: From award-winning Financial Times journalist Gillian Tett, who enraged Wall Street leaders with her news-breaking warnings of a crisis more than a year ahead of the curve, Fool’s Gold tells the astonishing unknown story at the heart of the 2008 meltdown. Drawing on exclusive access to J.P. Morgan CEO Jamie Dimon and a tightly bonded team of bankers known on Wall Street as the “Morgan Mafia,” as well as in-depth interviews with dozens of other key players, including Treasury Secretary Timothy Geithner, Gillian Tett brings to life in gripping detail how the Morgan team’s bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly out of control. The story begins with the intense Morgan brainstorming session in 1994 beside a pool in Boca Raton, where the team cooked up a dazzling new idea for the exotic financial product known as credit derivatives. That idea would rip around the banking world, catapult Morgan to the top of the turbocharged derivatives trade, and fuel an extraordinary banking boom that seemed to have unleashed banks from ages-old constraints of risk. But when the Morgan team’s derivatives dream collided with the housing boom—and was perverted through hubris, delusion, and sheer greed by titans of banking that included Citigroup, UBS, Deutsche Bank, and Merrill Lynch—catastrophe followed. Tett’s access to Dimon and the J.P. Morgan leaders who so skillfully steered their bank away from the wild excesses of others sheds invaluable light not only on the untold story of how they engineered their bank’s escape from carnage, but also on how possible it was for the larger banking world, regulators, and rating agencies to have spotted, and heeded, the terrible risks of a meltdown. A tale of blistering brilliance and willfully blind ambition, Fool’s Gold is both a rare journey deep inside the arcane and wildly competitive world of high finance and a vital contribution to understanding how the worst economic crisis since the Great Depression was perpetrated.

Download or read book Fool's Gold written by Gillian Tett and published by Free Press. This book was released on 2010-04-13 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: From award-winning Financial Times journalist Gillian Tett, who enraged Wall Street leaders with her news-breaking warnings of a crisis more than a year ahead of the curve, Fool’s Gold tells the astonishing unknown story at the heart of the 2008 meltdown. Drawing on exclusive access to J.P. Morgan CEO Jamie Dimon and a tightly bonded team of bankers known on Wall Street as the “Morgan Mafia,” as well as in-depth interviews with dozens of other key players, including Treasury Secretary Timothy Geithner, Tett brings to life in gripping detail how the Morgan team’s bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly out of control. The deeply reported and lively narrative takes readers behind the scenes, to the inner sanctums of elite finance and to the secretive reaches of what came to be known as the “shadow banking” world. The story begins with the intense Morgan brainstorming session in 1994 beside a pool in Boca Raton, where the team cooked up a dazzling new idea for the exotic financial product known as credit derivatives. That idea would rip around the banking world, catapult Morgan to the top of the turbocharged derivatives trade, and fuel an extraordinary banking boom that seemed to have unleashed banks from ages-old constraints of risk. But when the Morgan team’s derivatives dream collided with the housing boom, and was perverted—through hubris, delusion, and sheer greed—by titans of banking that included Citigroup, UBS, Deutsche Bank, and the thundering herd at Merrill Lynch—even as J.P. Morgan itself stayed well away from the risky concoctions others were peddling—catastrophe followed. Tett’s access to Dimon and the J.P. Morgan leaders who so skillfully steered their bank away from the wild excesses of others sheds invaluable light not only on the untold story of how they engineered their bank’s escape from carnage but also on how possible it was for the larger banking world, regulators, and rating agencies to have spotted, and heeded, the terrible risks of a meltdown. A tale of blistering brilliance and willfully blind ambition, Fool’s Gold is both a rare journey deep inside the arcane and wildly competitive world of high finance and a vital contribution to understanding how the worst economic crisis since the Great Depression was perpetrated.

Download or read book Only His written by Susan Mallery and published by HQN Books. This book was released on 2011-09-27 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: When she lands her dream job only to discover that her new boss is the man who broke her heart, Nevada Hendrix, despite the attraction that still lingers between them, refuses to mix business with pleasure.

Download or read book Fool's Gold? written by John MacArthur and published by Crossway. This book was released on 2007-05-01 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Eureka!" In an age of open-mindedness, many believers accept too much with too little discernment, resulting in great confusion and compromise. But God's Word makes it clear that not everything that glitters is gold. False teaching is at every turn, and the temptation to embrace it is great. As God's people we are called to sift through the overwhelming number of traditions and trends and use the truth of Scripture to determine which are the true treasures-and which are "fool's gold." General editor John MacArthur and the contributors of this uncompromising book define the principles of biblical discernment and use them to address several contemporary Christian issues. They provide straightforward, biblical critiques of some popular but unfortunate Christian trends, such as watered-down preaching and doctrinally questionable best-selling books. Dr. MacArthur ends with a practical plan for cultivating discernment in the Christian life. It is the duty of every Christian-not just pastors and elders-to follow the biblical command to cling to what is good and to reject what is not. This book will equip you with a foundation for biblical discernment that will enable you to make careful distinctions in your thinking about truth.

Download or read book A Fool's Gold Christmas written by SUSAN MALLERY and published by HarperCollins Australia. This book was released on 2012-11-01 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: No.1 New York Times bestselling author Susan Mallery welcomes you back to Fool's Gold, California for a classic heartwarming tale for the holidays! The unrelenting cheer in Fool's Gold, California, is bringing out the humbug in dancer Evie Stryker. Christmas miracles don't happen, at least not to her – and this year seems like no exception. She won't be seduced by the bad–boy charms of her brother's best friend. Even when she's recruited to stage Fool's Gold's winter festival, she vows to do as promised, then move forward with her life. Jaded lawyer Dante Jefferson is getting used to the backwater town he now reluctantly calls home, but he's unprepared for the attraction that sears him down to the soul. Evie his best friend's sister is off–limits – unless he's willing to risk his heart. Dante has always believed that love is the most dangerous force in the universe, but that was before he had to reckon with the magic of a certain small town, where miracles do seem to happen.

Download or read book Pyrite written by David Rickard and published by Oxford University Press. This book was released on 2015-04-08 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most people have heard of pyrite, the brassy yellow mineral sometimes known as fool's gold. Pyrite behaves like stone and shines like metal, and its dual nature makes it a source of both metals and sulfur. Despite being the most common sulfide mineral on the earth's surface, pyrite's bright crystals have attracted the attention of many different cultures, and its nearly identical visual appearance to gold has led to tales of fraud, trickery, and claims of alchemy. Pyrite occupies a unique place in human history: it became an integral part of mining culture in America during the 19th century, and it has a presence in ancient Sumerian texts, Greek philosophy, and medieval poetry, becoming a symbol for anything overvalued. In Pyrite, geochemist and author David Rickard blends basic science and historical narrative to describe the many unique ways pyrite is integral to our world. He explains the basic science of oxidation, showing us why the mineral looks like gold, and inspects death zones of present oceans where pyrite-related hydrogen sulfide destroys oxygen in the waters. Rickard analyzes pyrite's role in manufacturing sulfuric acid and discusses the significant appearance of the mineral in literature, history, and the development of societies. The mineral's influence extends from human evolution and culture, through science and industry, to our understanding of ancient, modern, and future earth environments. Energetic and accessible, Pyrite is the first book to show readers the history and science of a mineral that helped make the modern world.

Download or read book Finding Perfect written by Susan Mallery and published by HQN Books. This book was released on 2020-11-16 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: Return to Fool’s Gold, California with the 3rd book in this fan-favorite series from New York Times bestselling author Susan Mallery! Previously published. When Pia O’Brian’s best friend dies, Pia expects to inherit her cherished cat. Instead, the woman leaves Pia three frozen embryos. With a disastrous track record in the romance department and the parenting skills of a hamster, Pia doesn’t think she’s meant for motherhood. But determined to do the right thing, Pia decides to become a single mother. Only to meet a gorgeous, sexy hunk the very same day. A former foster-care kid now rich beyond his wildest dreams, Raoul Moreno runs a camp for needy children in Fool’s Gold, California. After his last relationship, Raoul thought he was done with women and commitment. Still, he can’t get sweet, sexy Pia out of his mind—and proposes a crazy plan. But can such an unconventional beginning really result in the perfect ending? Read more in the Fool’s Gold series: Book 1: Chasing Perfect Book 2: Almost Perfect Book 3: Finding Perfect Book 4: Only Mine Book 5: Only Yours Book 6: Only His Book 7: Summer Days Book 8: Summer Nights Book 9: All Summer Long Book 10: A Fool’s Gold Christmas And even more books available in the Fool’s Gold series!