A corporate raider threatens a hostile takeover of a mom and pop company. The last third of the book insightfully addresses reform, which, refreshingly, kay stresses is not the same as regulation. Free shipping and pickup in store on eligible orders. Michael brandon and amy burke in other people s money. However todays finance involves passing other people s money around rather than contributing anything to the real economy. I had read quite a number of books about financial crises but this is the. Other peoples money and how the bankers use it wikipedia. Access a free summary of other peoples money, by john kay and 20000 other business, leadership and nonfiction books on getabstract. The other opm provides largetoinfinite returns, creates incredible velocity of money, and requires a high financial intelligence. The real business of finance by john kay at indigo. Inside the housing crisis and the demise of the greatest real estate deal ever m ade. It was based on the play of the same name by jerry sterner. Other peoples money should be read by everyone concerned with preventing the next crisis.
The film adaptation was directed by award winner norman jewison, and written by alvin sargent. The patriarch of the company enlists the help of his wifes daughter. Touching on the significant role that numerous historical figures played in shaping american bankingincluding alexander hamilton, james madison, benjamin franklin, henry clay, daniel webster, and louis brandeis other peoples money is an engaging guide to the heated political fights that surrounded banking in early america as well as to. I liked this book because it gives an overview of the banking industry which i have not seen in other books and articles i have read, especially regarding the crisis. In 1914, the articles were collected in book form and published under the title other people s money and how the bankers use it. During the great depression, people turned to brandeis once again. Other peoples money johns hopkins university press books. Brandeis central thesis was that the large banking houses were colluding with businessmen to create trusts in americas major industries. Other peoples money free summary by john kay getabstract. Danny devito explaining value investing benjamin graham style other people s money. Other people s money was reissued in an inexpensive edition, and many. In other peoples money, economist and ft columnist john kay. Shortlisted for the orwell prize 2016we all depend on the finance sector. In just over three years, real estate giant tishman speyer and.
The main function of whole finance industry is supposed to arrange for payment services, and connect savers with borrowers mainly buying houses. Other peoples money, by john kay the new york times. Other people s money and how the bankers use it 1914 is a collection of essays written by louis brandeis first published as a book in 1914, and reissued in 1933. Of all published articles, the following were the most read within the past 12 months. A financial times book of the year, 2015an economist best boo.