On Money and Markets: A Wall Street Memoir

 
9780071360494: On Money and Markets: A Wall Street Memoir

This is an intimate portrait of Henry Kaufman. one of the leading figures of the financial world. It includes history of finance and economic policy since World War II, an exploration and analysis of a dozwen leading subjects in finance and an in-depth look at the world's financial markets.

"synopsis" may belong to another edition of this title.

Review:

A giant among pundits, Henry Kaufman is the Wall Street legend who founded the science of Federal Reserve watching, now a popular spectator sport. In a career that spans the last 50 years, his views and forecasts have grown increasingly influential, and his pronouncements often move markets, earning him the sobriquet "Dr. Doom" because of his oft-expressed concern about financial excesses and the failure of regulators to take steps to prevent them from occurring. "Policy can not be predicated on the assumption that reasonable financial behavior is the norm," he writes. On Money and Markets is both a personal memoir and a historical retrospective in which he elaborates on these concerns and prescribes a reorganization of the IMF and the World Bank and the creation of a new international entity with oversight of major financial institutions and markets.

Kaufman believes himself "more sensitized than many native-born Americans to economic developments that might endanger the country--a concern that dates back to my formative years, when I listened to my grandfather's recitation of the German hyperinflation of the 1920s--how it contributed to the rise of Nazism and thus forced us to flee Germany." Starting as a $45-a-week bank credit analyst in 1949, Kaufman joined Salomon Brothers in 1962 to build a world-class research department, later becoming a senior partner and vice chairman. He was the first person at Salomon to hold a doctoral degree, beginning a trend in the financial community toward greater analytical sophistication, one that would broaden and deepen in later decades. When he began interest-rate analysis and forecasting, information on the Federal Reserve was rare, and his observations quickly gained a large audience of investors, fund managers, economists, and policymakers. He writes, "In spite of its imperfections, the Federal Reserve comes closer to being an independent and objective arbiter and policy body than any other institution in our economic democracy."

He concludes the book by looking backward a century for a sense of perspective on the role of finance in the modern world. Former Fed chairman Paul Volcker, Kaufman's contemporary, rightly suggests in the foreword that this book "should be prescribed reading for all whose future and fortunes are tied to the performance of our financial system." --Scott Harrison

From the Back Cover:

One of Wall Street's leading thinkers provides valuable insights into today's world financial markets.

"On Money and Markets should be prescribed reading for all those whose future and fortunes are tied to the performance of our financial system. But more than that, the book is an absorbing story, a saga of how one man, starting as a butcher's son in a German village and thrust as a refugee into the citadel of capitalism, could make an important contribution to the world of finance and to the educational and cultural life of the city at the center of that world."

­­Paul A. Volcker, from the Foreword

"Henry Kaufman's On Money and Markets is a fascinating journey with one of the financial community's most successful and respected figures. It is also a warmly human memoir of a young German immigrant who became a Wall Street icon."

­­Dr. Henry A. Kissinger

"On Money and Markets could not have come along at a better time. With penetrating insight and a wealth of experience, Henry Kaufman makes a powerful case for what is important and what is ephemeral in business and finance. Investors, policymakers, and busines leaders would do well to take notice."­­George Soros.

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Henry Kaufman
ISBN 10: 0071360492 ISBN 13: 9780071360494
New Quantity Available: 1
Seller
Castle Rock
(Pittsford, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97800713604941.0

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 28.11
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

2.

Kaufman, Henry
Published by McGraw-Hill Companies
ISBN 10: 0071360492 ISBN 13: 9780071360494
New Hardcover Quantity Available: 1
Seller
Orion Tech
(Grand Prairie, TX, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Companies. Hardcover. Book Condition: New. 0071360492 . Bookseller Inventory # HCI2557DBGG060217H1525P

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 39.42
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

3.

Kaufman, Henry; Volcker, Paul A. [Foreword]
Published by McGraw-Hill Companies (2000)
ISBN 10: 0071360492 ISBN 13: 9780071360494
New Hardcover Quantity Available: 1
Seller
Letusbegin
(Ossining, NY, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Companies, 2000. Hardcover. Book Condition: New. New Hardcover Inscribed by Author! Pristine unmarked pages, may have very slight warehouse wear, no remainder marks, still a great buy straight from warehouse unread, sealed in plastic, exact artwork as listed, Bookseller Inventory # 148170608099

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 36.04
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

4.

Kaufman, Henry
Published by McGraw-Hill Companies (2000)
ISBN 10: 0071360492 ISBN 13: 9780071360494
New Hardcover Quantity Available: 2
Seller
Murray Media
(North Miami Beach, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Companies, 2000. Hardcover. Book Condition: New. Bookseller Inventory # P110071360492

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 53.06
Convert Currency

Add to Basket

Shipping: US$ 2.99
Within U.S.A.
Destination, Rates & Speeds

5.

Henry Kaufman, Paul A. Volcker (Foreword)
Published by McGraw-Hill Companies (2000)
ISBN 10: 0071360492 ISBN 13: 9780071360494
New Hardcover Quantity Available: 1
Seller
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Companies, 2000. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0071360492

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 56.80
Convert Currency

Add to Basket

Shipping: US$ 3.99
Within U.S.A.
Destination, Rates & Speeds

6.

Henry Kaufman
Published by McGraw-Hill Companies (2000)
ISBN 10: 0071360492 ISBN 13: 9780071360494
New Hardcover Quantity Available: 1
Seller
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Companies, 2000. Hardcover. Book Condition: New. book. Bookseller Inventory # 0071360492

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 63.79
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

7.

Kaufman, Henry
Published by McGraw-Hill Companies
ISBN 10: 0071360492 ISBN 13: 9780071360494
New Hardcover Quantity Available: 1
Seller
Cloud 9 Books
(Wellington, FL, U.S.A.)
Rating
[?]

Book Description McGraw-Hill Companies. Hardcover. Book Condition: New. 0071360492 New Condition. Bookseller Inventory # NEW6.0026476

More Information About This Seller | Ask Bookseller a Question

Buy New
US$ 69.99
Convert Currency

Add to Basket

Shipping: US$ 4.99
Within U.S.A.
Destination, Rates & Speeds