Why? BECAUSE THAT'S HOW WALL STREET WANTS IT"[T]he always irreverent author of the Reformed Broker blog has written an excellent narrative that shares all of your broker's dirty little secrets. Much like Michael Lewis' Liar's Poker captured the essence of 1980s institutional Wall Street, Brown's Backstage Wall Street recreates the boiler room retail brokerage culture of the 1990s and early 2000s in vivid color." --FORBES "With a smirk, a lashing wit, and an appropriate irreverence, Joshua Brown gives voice to what all investment professionals are--or should be--secretly thinking."--MICHAEL SANTOLI, Barron's columnist"The pages of this book are filled with colorful expos�s of misconduct in the way Wall Street presents and sells itself (and its financial products offerings!). . . . Run don't walk to read Brown's chronicles of deception [perpetrated by] those wonderful folks on Wall Street, who nearly bankrupted the world's fi nancial system a few short years ago."--DOUGLAS A. KASS, Seabreeze Partners Management, Inc."Everything you've ever read about Wall Street is a total lie. Everyone is lying to you every day. Until you read this book."--JAMES ALTUCHER, Formula Capital and author of I Was Blind but Now I See"Joshua wants Wall Street to be awesome. You can feel it every day on his amazing blog and in this great book. He is happy to shout when Wall Street drives him crazy. I guarantee you will enjoy this book that describes the action behind the business of Wall Street and his own experiences along the way."--HOWARD LINDZON, Lindzon Capital and founder of StockTwitsJoshua Brown may be the funniest writer on finance today, but Backstage Wall Street could make you cry more than laugh. The buffoons, manipulators, and incompetents Brown parades before us are the stewards of our retirement accounts....What's important is that investors understand the choices before them. Backstage Wall Street goes a long way to taking us backstage, while making us laugh in the process.--BARRON'SAbout the Book: Wall Street is very good at one thing: convincing you to act against your own interests. And there's no one out there better equipped with the knowledge and moxie to explain how it all works than Josh Brown. A man The New York Times referred to as "the Merchant of Snark" and Barron's called "pot-stirring and provocative," Brown worked for 10 years in the industry, a time during which he learned some hard truths about how clients are routinely treated--and how their money is sent on a one-way trip to Wall Street's coffers.Backstage Wall Street reveals the inner workings of the world's biggest money machine and explains how a relatively small confederation of brilliant, sometimes ill-intentioned people fuel it, operate it, and repair it when necessary--none of which is for the good of the average investor.Offering a look that only a long-term insider could provide (and that only a "reformed" insider would want to provide), Brown describes:THE PEOPLE--Why retail brokers always profit--even if you don't THE PRODUCTS--How funds, ETFs, and other products are invented as failsafe profit generators--for the inventors alone THE PITCH--The marketing schemes designed for one thing and one thing only: to separate you from your moneyIt's that bad . . . but there's a light at the end of the tunnel. Brown gives you the knowledge you need to make the right decisions at the right time.Backstage Wall Street is about seeing reality for what it is and adjusting your actions accordingly. It's about learning who and what to steer clear of at all times. And it's about setting the stage for a bright financial future--your own way.

    8.45 p.m. Torpedoed by a Pakistani submarine, the INS Khukri sank within minutes. Along with the ship, 178 sailors and eighteen officers made the supreme sacrifice. Last seen calmly puffing on his cigarette, Captain Mahendra Nath Mulla, captain of the Khukri, chose to go down with his ship. This defining moment of the 1971 war between India and Pakistan is the basis of Major General Ian Cardozo’s attempt to understand what happened that day and why.General Cardozo brings fresh insight into the hellish ordeal by including the heartfelt accounts of the survivors and of the members of their families. These accounts transform the stereotypical understanding of the incident; they also supplement it. We glimpse fear, trauma and death first-hand. In the annals of war writing, General Cardozo humanises this cataclysmic event as never before.

    Gokhale provides the most intimate and sweeping account yet of Team Narendra Modi's approach to national security and foreign policy initiatives. Drawing on internal memos, as yet classified information, meeting notes and hundreds of hours of interviews with key players in the national security team, Gokhale brings alive inside stories of decision-making at the highest levels in the government. Painstakingly researched, the book details hitherto unknown aspects of the planning and execution of the surgical strikes, revamping of New Delhi's policy towards China and Pakistan, India's renewed global policy focus on Middle East, Prime Minister Modi's attempt to leverage the Indian diaspora worldwide and his attention to smallest of details besides focusing on some small but far-reaching steps taken to secure India in every possible way -on land, space, cyber and maritime domains.

    All of us are affected by its ups and downs - global recession, rise in interest rates, or hike in food prices. But do we understand the principles at work and how and why they really affect us?Day to day economics is an enjoyable, accessible, and extremely user-friendly book that explains modern day Indian economy to the layperson. In this relevant book, Professor Deodhar explains the role of the government and its involvement in different aspects of the economy; the need for the RBI and its functions; and how taxes, stock markets and recession work. Day to Day Economics will help you go beyond the facts and figures in the budget and connect the trends to your daily life. As with all IIMA business books, it comes illustrated with numerous Indian examples and case studies making this the ultimate rookie's guide to the Indian economy.

    Based on the present political situation in Kashmir valley.

    In its journey from coalition politics to single-party hegemony, it has emerged as a very different entity from the one that first came to power in 1998. Veteran journalist Saba Naqvi—who has spent two decades covering the BJP—tells the story from the party’s founding in 1980 to its two stints in power. Shades of Saffron: From Vajpayee to Modi is both a first-person account of racy events as they unfolded in the nation’s history, and a work that raises larger analytical points about the BJP’s growth. It examines the role of the RSS cadre and its equations with elected leaders, the calibration of ideology, the issue of political finance and the social expansion of the party, as also the cults of personality that would emerge around, first, Atal Bihari Vajpayee and then, more forcefully, around Narendra Modi. The book provides a riveting account of the party’s difficult journey from ‘untouchability’ (when allies were unwilling to join) to its presumed ‘invincibility’ today. Naqvi’s long-standing equations with members of the party, developed over two decades of consistently fair reporting, delivers a narrative full of insights that are both fresh and deep, and anecdotes that are as lively as they are telling. In revealing hitherto unknown aspects, and reminding readers of the bigger picture, Shades of Saffron is a deep dive into the contemporary history of a party that keeps reinventing itself.

    An inquiry is promptly launched and Ravi, the suspect is placed under an elaborate regime of surveillance. The investigation subsequently throws up a huge amount of evidence, showing the suspect stealing sensitive data. As panic sets in, investigators acrimoniously debate whether to allow the suspect to walk free or physically force him to own up his crime. For Jeevnathan, the problem also is how to keep the tiring watchers going and persuade an edgy Chief to stay on course. As the story enters 96th Day, paradoxical consequences follow.Loosely inspired by a true incident that took place in 2004 when a senior intelligence officer suspected of being a spy for decades vanished, the story also treats us to a rare insight into the state of security awareness of employees in the Agency, constrains in conducting aggressive operations, pitfalls in liaison relationship, competing interests of intelligence services, hazards in co-ordination of intelligence inputs and the Kashmir imbroglio.

    This book brings together some of his nastiest and most irreverent pieces. Witty, sharp and brutally honest, this collection is certain to delight and provoke readers of all ages.

    But satisfactory answers have been hard to find for lack of adequate data and clear guiding theories. In Capital in the Twenty-First Century, Thomas Piketty analyzes a unique collection of data from twenty countries, ranging as far back as the eighteenth century, to uncover key economic and social patterns. His findings will transform debate and set the agenda for the next generation of thought about wealth and inequality.Piketty shows that modern economic growth and the diffusion of knowledge have allowed us to avoid inequalities on the apocalyptic scale predicted by Karl Marx. But we have not modified the deep structures of capital and inequality as much as we thought in the optimistic decades following World War II. The main driver of inequality—the tendency of returns on capital to exceed the rate of economic growth—today threatens to generate extreme inequalities that stir discontent and undermine democratic values. But economic trends are not acts of God. Political action has curbed dangerous inequalities in the past, Piketty says, and may do so again.

    Rabindranath cannot shake off the disquiet in his heart after the death of his wife Mrinalini. Happiness and well-being elude him. His daughters and daughter-in-law struggle hard to cope with incompatible marriages, ill health and the stigma of childlessness. The extended family of Jorasanko is steeped in debt and there is talk of mortgaging one of the houses. Even as Rabindranath deals with his own financial problems and strives hard to keep his dream of Santiniketan alive, news reaches him that he has been awarded the Nobel Prize for literature. Will this be a turning point for the man, his family and their much-celebrated home?Daughters of Jorasanko sequel to the bestselling novel Jorasanko explores Rabindranath Tagore’s engagement with the freedom movement and his vision for holistic education, brings alive his latter-day muses Ranu Adhikari and Victoria Ocampo and maps the histories of the Tagore women, even as it describes the twilight years in the life of one of the greatest luminaries of our times and the end of an epoch in the history of Bengal.

    More than four million homes were lost to foreclosures. Is it a coincidence that the United States witnessed a dramatic rise in household debt in the years before the recession—that the total amount of debt for American households doubled between 2000 and 2007 to $14 trillion? Definitely not. Armed with clear and powerful evidence, Atif Mian and Amir Sufi reveal in House of Debt how the Great Recession and Great Depression, as well as the current economic malaise in Europe, were caused by a large run-up in household debt followed by a significantly large drop in household spending. Though the banking crisis captured the public’s attention, Mian and Sufi argue strongly with actual data that current policy is too heavily biased toward protecting banks and creditors. Increasing the flow of credit, they show, is disastrously counterproductive when the fundamental problem is too much debt. As their research shows, excessive household debt leads to foreclosures, causing individuals to spend less and save more. Less spending means less demand for goods, followed by declines in production and huge job losses. How do we end such a cycle? With a direct attack on debt, say Mian and Sufi.  More aggressive debt forgiveness after the crash helps, but as they illustrate, we can be rid of painful bubble-and-bust episodes only if the financial system moves away from its reliance on inflexible debt contracts. As an example, they propose new mortgage contracts that are built on the principle of risk-sharing, a concept that would have prevented the housing bubble from emerging in the first place. Thoroughly grounded in compelling economic evidence, House of Debt offers convincing answers to some of the most important questions facing the modern economy today: Why do severe recessions happen? Could we have prevented the Great Recession and its consequences? And what actions are needed to prevent such crises going forward?

    Vasudeva was in a quandary as to how much money would satisfy all his needs. And Jinadatta hoped that his father-in-law would help him out of bankruptcy. These tales told by Jain monks in ancient times are as relevant today as they were long ago.

    Shilling explains in clear language and compelling logic why the world economy will struggle for several more years and what investors can do to protect and grow their wealth in the difficult times ahead. The investment strategies that worked for last 25 years will not work in the next 10 years. Shilling advises readers to avoid broad exposure to stocks, real estate, and commodities and to focus on high-quality bonds, high-dividend stocks, and consumer staple and food stocks. Written by one of today's best forecasters of economic trends-twice voted by Institutional Investor as Wall Street's top economist Clearly explains what to invest in, what to avoid, and how to cope with a deflationary, slow-growth economy Demonstrates how Shilling has been consistently right about major economic trends since he began forecasting in the early 1980s Filled with in-depth insights and practical advice, this timely guide lays out a convincing case for why investors need to be prepared for a long period of weak growth and deflation-not inflation-and what you can do to prosper in the difficult times ahead.

    These are stories of ordinary people whom you have met - at work, during the daily commute, in your friend circles, or on social media. However, the stories have a twist or an element of thrill to them. They rip open the sheath of mundane lives and present you with raw, poignant, and profound vignettes of urban life. These stories attempt to capture the dramatic flipside of the banal existence of everyday people. As the editor defines them… The stories are the perfect mix of sensationalism out of the mundane, exhibitionism of what has been undercover, and the simple refinement of human thought perspectives. The words sway and dance, tantalizingly just out of reach, trying to entice the reader into that false lull of security until a twist comes that makes them wonder, ‘What did I just read?’

    He is undoubtedly one of India's most successful captains, one who moulded a new team when India was at its lowest ebb, reeling from the betting scandal. There can be no argument about his cricketing genius, right from the time he scored a Test century at Lord's to the time he led India to the 2003 World Cup final. But the world of cricketing fans is divided into those who adore him fiercely and despise him greatly. He could be arrogant on occasion: Ganguly allegedly refused to carry the drinks as a twelfth man. He constantly challenged authority. Greg Chappell discarded him from the team during his stint as coach. Ganguly cared little for convention: remember the bare-chested celebration at an Indian win? Yet, in all the years of his roller-coaster ride through Indian cricket, no one questioned the man's utter devotion to the game or his team. In this account of one of India's greatest cricketers, shot through with intimate details, Saptarshi Sarkar tackles controversies around the legendary cricketer head on. Racy and gripping, Sourav Ganguly: Cricket, Captaincy and Controversy investigates the big events in Dada's interesting career. It probes the symbiotic relationship between the man and the cricketer. What was Ganguly thinking before a match? Why did he demand that the grass be trimmed just before start of play at the Nagpur pitch? What was the Indian dressing room like? What was that Greg Chappell chapter all about? An unflinching biography of a man who never shied away from controversies, this is as much a ready reckoner for Sourav Ganguly fans as it is an examination of a crucial era in Indian cricket.