Wall Street: The Markets, Mechanisms and Players (The Economist Series)

This detailed guide looks at every aspect of Wall Street's activities, explaining how they work, how much they matter, and who does what. It reports on and analyzes the highs and lows in Wall Street's development and the regular occurrence of financial scandals. It examines the crisis in Wall Street that followed the collapse of the technology boom and the attacks on the World Trade Center. In short, it provides a complete overview of how Wall Street works and why it is important. "Wall Street is the world's leading financial centre. What it does and how it fares has a huge impact on the American economy and also on that of the rest of the world. But what exactly is Wall Street? How has it developed? What does it do? How does it work? Who works in it? And who watches over it?" "This guide looks at every aspect of Wall Street's activities, explaining how much they matter and who does it. It reports on and analyses the highs and lows in Wall Street's development and the regular occurrence of financial scandals. It examines the crisis in Wall Street that followed the collapse in the technology boom and the attacks on the World Trade Center. In short, it provides a complete overview of Wall Street's workings and its importance."--Jacket Wall Street is the world's leading financial centre. What it does and how it fares has a huge impact on the American economy and also on that of the rest of the world. But what exactly is Wall Street? How has it developed? What does it do? How does it work? Who works in it? And who watches over it? This detailed guide looks at every aspect of Wall Street's activities, explaining how much they matter and who does what. It reports on and analyses the highs and lows in Wall Street's development and the regular occurence of financial scandals. It examines the crisis in Wall Street that followed the collapse in the technology boom and the attacks on the World Trade Centre. In short, it provides a complete overview of Wall Street's workings and its importance.