Book picks similar to
The Scam by Debashis Basu
business
economics
non-fiction
scam
Crisis Economics: A Crash Course in the Future of Finance
Nouriel Roubini - 2010
Renowned economist Nouriel Roubini electrified his profession and the larger financial community by predicting the current crisis well in advance of anyone else. Unlike most in his profession who treat economic disasters as freakish once-in-a-lifetime events without clear cause, Roubini, after decades of careful research around the world, realized that they were both probable and predictable. Armed with an unconventional blend of historical analysis and global economics, Roubini has forced politicians, policy makers, investors, and market watchers to face a long-neglected truth: financial systems are inherently fragile and prone to collapse. Drawing on the parallels from many countries and centuries, Nouriel Roubini and Stephen Mihm, a professor of economic history and a "New York Times Magazine" writer, show that financial cataclysms are as old and as ubiquitous as capitalism itself. The last two decades alone have witnessed comparable crises in countries as diverse as Mexico, Thailand, Brazil, Pakistan, and Argentina. All of these crises-not to mention the more sweeping cataclysms such as the Great Depression-have much in common with the current downturn. Bringing lessons of earlier episodes to bear on our present predicament, Roubini and Mihm show how we can recognize and grapple with the inherent instability of the global financial system, understand its pressure points, learn from previous episodes of "irrational exuberance," pinpoint the course of global contagion, and plan for our immediate future. Perhaps most important, the authors-considering theories, statistics, and mathematical models with the skepticism that recent history warrants explain how the world's economy can get out of the mess we're in, and stay out. In Roubini's shadow, economists and investors are increasingly realizing that they can no longer afford to consider crises the black swans of financial history. A vital and timeless book, "Crisis Economics" proves calamities to be not only predictable but also preventable and, with the right medicine, curable."
Lucifer’s Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy
Bradley C. Birkenfeld - 2016
He wined and dined ultrawealthy clients whose millions of dollars were hidden away from business partners, spouses, and tax authorities. As his client list grew, Birkenfeld lived a life of money, fast cars, and beautiful women, but when he discovered that UBS was planning to betray him, he blew the whistle to the US Government. The Department of Justice scorned Birkenfeld’s unprecedented whistle-blowing and attempted to silence him with a conspiracy charge. Yet Birkenfeld would not be intimidated. He took his secrets to the US Senate, the Securities and Exchange Commission, and the Internal Revenue Service, where he prevailed. His bombshell revelations helped the US Treasury recover over $15 billion (and counting) in back taxes, fines, and penalties from American tax cheats. But Birkenfeld was shocked to discover that at the same time he was cooperating with the US Government, the Department of Justice was still doggedly pursuing him. He was arrested and served thirty months in federal prison. When he emerged, the Internal Revenue Service gave him a whistle-blower award for $104 million, the largest such reward in history. A page-turning real-life thriller, Lucifer’s Banker is a fascinating behind-the-scenes look at the secret Swiss high-net worth banking industry and a harrowing account of our government’s justice system. Readers will follow Birkenfeld and share his outrage with the incompetence and possible corruption at the Department of Justice, and they will cheer him on as he “hammers” one of the most well-known and powerful banks in the world.
Bull by the Horns: Fighting to Save Main Street from Wall Street and Wall Street from Itself
Sheila Bair - 2012
Bull By The Horns: Fighting To Save Main Street From Wall Street, by Bair, Sheila
New Ideas from Dead Economists: An Introduction to Modern Economic Thought
Todd G. Buchholz - 1989
Featuring brand new sections on the remarkable shifts in the world economy, this economic study is a relevant, entertaining, and fascinating guide for those seeking both a solid lesson on the development of economic theory throughout the past two hundred years and a balanced perspective of our current economic state on the brink of the millennium.By applying age-old economic theories to contemporary issues, Todd Buchholz helps readers to see how the thoughts and writings of the great economists of the past have vital relevance to the dilemmas affecting all our lives today.
Wall Street Meat: My Narrow Escape from the Stock Market Grinder
Andy Kessler - 2003
All you have is your reputation. Taint it and someone else will fill your shoes. Longevity comes from maintaining that reputation.Ask Jack Grubman, the All-Star telecom analyst from Salomon Smith Barney; uber-banker Frank Quattrone at CS First Boston; Morgan Stanley's Mary "Queen of the Net" Meeker; or Merrill Lynch's Henry Blodget.Well, they probably won't tell you anything. But have I got some great stories for you.Successful hedge fund manager Andy Kessler looks back on his years as an analyst on Wall Street and offers this cautionary tale of the intoxicating forces loose in the world of finance that overwhelmed sober analysis.
Security Analysis: Principles and Technique
Benjamin Graham - 1934
No investment book in history had either the immediate impact, or the long-term relevance and value, of its first edition in 1934. By 1951, seventeen years past its original publication and more than a decade beyond its revised and acclaimed 1940 second edition, authors Benjamin Graham and David Dodd had seen business and investment markets travel from the depths of Depression to the heights of recovery, and had observed investor behavior during both the calm of peacetime and the chaos of World War II.The prescient thinking and insight displayed by Graham and Dodd in the first two editions of Security Analysis reached new heights in the third edition. In words that could just as easily have been written today as fifty years ago, they detail techniques and strategies for attaining success as individual investors, as well as the responsibilities of corporate decision makers to build shareholder value and transparency for those investors.The focus of the book, however, remains its timeless guidance and advice--that careful analysis of balance sheets is the primary road to investment success, with all other considerations little more than distractions. The authors had seen and survived the Great Depression as well as the political and financial instabilities of World War II and were now better able to outline a program for sensible and profitable investing in the latter half of the century.Security Analysis: The Classic 1951 Edition marks the return of this long-out-of-print work to the investment canon. It will reacquaint you with the foundations of value investing--more relevant than ever in tumultuous twenty-first century markets--and allow you to own the third installment in what has come to be regarded as the most accessible and usable title in the history of investment publishing.
Delhi Anti-Hindu Riots 2020, The Macabre Dance of Violence Since December 2019: An OpIndia Report
Nupur J. Sharma - 2020
However, as is perhaps not very politically correct to point out, Islam as a religion calls Muslims to be a part of Ummah, which is to say, that all Muslims belong to the same theological ‘country’ regardless of political borders.That coupled with the intrinsic need of the Left to forever consider the Muslims as the victims, even under imaginary circumstances led to massive riots and violence in India. The perceived wrong here was that CAA left Muslims out, however, the truth was the CAA had nothing to do with Indians at all, let alone Indian Muslims.Another excuse for the rampant violence was that the proposed NRC would snatch away the citizenship of Muslims. That too, was a shameless canard. The NRC, when implemented and drafted, would be aimed to identify and deport Illegal Immigrants, and not Indian Citizens. No country in the world wantonly accepts indiscriminate influx of illegals, but the Left and Islamist nexus burnt the country because that is exactly what it expected of India.While many people wish to look at the Delhi Riots 2020 in isolation, the events that started right from the 1st December 2019 proves otherwise. It proves that the violence was a concerted effort to push Anarchy and Chaos in India. It proves that the Delhi Riots was no anti-Muslim pogrom, it was indeed, a well-oiled plan to tame ‘kafirs’.
The Rise and Fall of American Growth: The U.S. Standard of Living Since the Civil War
Robert J. Gordon - 2016
Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the headwinds of rising inequality, stagnating education, an aging population, and the rising debt of college students and the federal government, and that we must find new solutions. A critical voice in the most pressing debates of our time, The Rise and Fall of American Growth is at once a tribute to a century of radical change and a harbinger of tougher times to come.
You Can Be a Stock Market Genius: Uncover the Secret Hiding Places of Stock Market Profits
Joel Greenblatt - 1997
And now, in this highly accessible guide, he’s going to show you how to do it, too. You’re about to discover investment opportunities that portfolio managers, business-school professors, and top investment experts regularly miss—uncharted areas where the individual investor has a huge advantage over the Wall Street wizards. Here is your personal treasure map to special situations in which big profits are possible, including: -Spin-offs -Restructurings -Merger Securities -Rights Offerings -Recapitalizations -Bankruptcies -Risk Arbitrage Prepared with the tools from this guide, it won’t be long until you’re a stock market genius!
The Essays of Warren Buffett: Lessons for Investors and Managers
Lawrence A. Cunningham - 2002
have gained an enormously valuable informal education. The letters distill in plain words all the basic principles of sound business practices.
The Lover Boy of Bahawalpur : How the Pulwama Case was Cracked
Rahul Pandita - 2021
Forty Indian soldiers are dead. But when the NIA probes the bombing they hit one dead end after another. Who were the actual masterminds of this audacious strike? It seemed impossible to find out. In this thrilling and deeply reported book, The award-winning author and journalist Rahul Pandita tells the story of how a team of extraordinary NIA sleuths cracks the case one jigsaw piece at a time. Against all odds, they manage to connect the dots between a seemingly routine troublemaker put in preventive detention at the time of the abrogation of article 370, a mobile phone full of lustful messages recovered after an encounter that killed a terrorist and the pulwama attack itself. The sinister roots of the strike, they would discover, are several decades deep and can be traced to one man – Masood Azhar – and the empire of terror he created in Kashmir. In this book we enter the terrifying world of radical Islamists and secret militant operations, of intelligence agencies and elite counterterrorism units. With never-before-published details about the Pulwama case, the resultant Balakot strike and the arcane world of terror groups, this is one of the most significant works on Kashmir and terrorism in recent times.
Mastani
Kusum Choppra - 2012
Historical novel that explodes all the myths that surround Mastani who was the second wife of Peshwa Baji Rao I in Central India in the 1700s.
Sanghi Who Never Went To A Shakha
Rahul Roushan - 2021
Back then he was seen just as a founder-editor of the news satire website with no special interest in politics or ideology.The first time Rahul Roushan was called a Sanghi, he felt deeply offended. After all, he held a Bachelor’s degree in Mathematics from Patna University, a post-graduate diploma in journalism from IIMC in New Delhi, an MBA from IIM Ahmedabad and was a self-made media entrepreneur.Sanghi literally means someone who is a member of the right-wing RSS (Rashtriya Swayamsevak Sangh) or its affiliates, but the ‘liberals’ use the term liberally to deride those who differ with their political and ideological stand, or those who wear Hinduism on their sleeves. This book analyses why Hindutva as an ideology is no longer anathema and what brought about this change. Why did a country that was ruled for decades by people espousing Nehruvian secularism suddenly began to align with the ‘communal politics’ of the Bharatiya Janata Party (BJP)?The book is the story of this transformation. This is not an autobiography, though it could read like one in parts. It is not even a collection of intellectual essays, though it could read like one in parts. It is the retelling of some historical events and how those events impacted the journey of Rahul Roushan and countless people like him. The book looks at factors like education, media, technology and obviously, electoral politics, which played a key role in this transformation. The book also touches upon some of the personal experiences of the author, both as a media entrepreneur and a journalist.In author's words, ‘This book will be of special interest to readers who just want to badmouth me and the book, but I really hope the same people make an earnest effort to also understand what changed India and all those Sanghis who never went to any shakha.’
Born to Steal: When the Mafia Hit Wall Street
Gary Weiss - 2003
Hood brokers. Monthly million dollar paychecks. Thirty-six hour cocaine binges. Rocky themed pep rallies. Run-ins with Mafia thugs toting Mac 10 machine pistols. This was the life of Louis Pasciuto, a fast talking Staten Island kid who, from the age of 19 to 25, moved stocks for 17 different brokerage houses - most of the time without a fake license. This inside account of the Mafia's infiltration of Wall Street details Louis' career as the consummate liar, selling phantom stocks to naive Americans and leading a lifestyle worthy of Caligula. To avoid a long prison sentence, Pasciuto eventually became state witness. Now, Gary Weiss shares the inside story of Wall Street's notorious chop houses, best known as the crooked Mob-run brokerages, where rampant thievery netted several billion dollars from gullible investors.
Stocks for the Long Run
Jeremy J. Siegel - 1994
Provides a portrait of the stock market with the strategies, tools, and techniques investors need to maintain their focus and achieve meaningful stock returns over time.