A unifying framework uses a few core principles to organize readers' thinking then examines the models as real-world scenarios from a practitioner's perspective. By analyzing these applications, readers develop the critical-thinking and problem-solving skills necessary to respond to challenging situations in their future careers. Introduction: Why Study Financial Markets and Institutions?; Overview of the Financial System. Fundamentals of Financial Markets: What Do Interest Rates Mean and What Is Their Role in Valuation?; Why Do Interest Rates Change?; How Do Risk and Term Structure Affect Interest Rates?; Are Financial Markets Efficient? Central Banking and the Conduct of Monetary Policy: Structure of Central Banks and the Federal Reserve System; Conduct of Monetary Policy: Tools, Goals, Strategy, and Tactics. Financial Markets: The Money Markets; The Bond Market; The Stock Market; The Mortgage Markets; The Foreign Exchange Market; The International Financial System. Fundamentals of Financial Institutions: Why Do Financial Institutions Exist?; What Should Be Done About Conflicts of Interest? A Central Issue in Business Ethics. The Financial Institutions Industry: Banking and the Management of Financial Institutions; Commercial Banking Industry: Structure and Competition; Savings Associations and Credit Unions; Banking Regulation; The Mutual Fund Industry; Insurance Companies and Pension Funds; Investment Banks, Security Brokers and Dealers, and Venture Capital Firms. The Management of Financial Institutions: Risk Management in Financial Institutions; Hedging with Financial Derivatives. On the Web: Finance Companies. For all readers interested in financial markets and institutions.

    Kennedy, the meaning and the legacy of his presidency are as much the subject of controversy as are the facts of his murder. Was JFK a tool of the Eastern Establishment - of the corporate and banking elites - or was he their bitterest enemy? Did his policies - domestic and international, implemented and unfulfilledserve to continue the domination of the powers-that-be, or did he attempt, and in many cases effect, a break with America's aristocracy? In this intriguing and penetrating analysis, Don Gibson does not simply replay the standard commentaries on the Kennedy presidency, many of which are ill-informed, even if well-meaning. Gibson looks at what JFK himself said, wrote, and did, contrasting that with the words and actions of his enemies-the Wall Street Journal, Fortune magazine, and the corporate and banking magnates themselves, who, as this book shows, truly despised the President. The current conventional wisdom depicts Kennedy as a cautious, even a conservative president, a Tory Democrat committed to the status quo and to the Establishment. But this book makes a compelling case to the contrary, suggesting that President Kennedy was always willing to do battle for his policies, even in the face of vicious attacks. With its clear and lively style, this book is a revelation to the general reader and to the specialist. It also contains strikingly original insights into environmental elitism. It adds a new and important dimension to the ongoing debate over the Kennedy presidency. --This text refers to an out of print or unavailable edition of this title.