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    Why Wall Street Matters
    Unavailable
    Why Wall Street Matters
    Unavailable
    Why Wall Street Matters
    Audiobook4 hours

    Why Wall Street Matters

    Written by William D. Cohan

    Narrated by Rob Shapiro

    4.5/5

    ()

    Currently unavailable

    Currently unavailable

    About this audiobook

    A timely, counterintuitive defense of Wall Street and the big banks as the invisible-albeit flawed-engines that power our ideas, and should be made to work better for all of us

    Maybe you think the banks should be broken up and the bankers should be held accountable for the financial crisis in 2008. Maybe you hate the greed of Wall Street but know that it's important to the proper functioning of the world economy. Maybe you don't really understand Wall Street, and phrases such as "credit default swap" make your eyes glaze over. Maybe you are utterly confused by the fact that after attacking Wall Street mercilessly during his campaign, Donald Trump has surrounded himself with Wall Street veterans. But if you like your smart phone or your widescreen TV, your car or your morning bacon, your pension or your 401(k), then-whether you know it or not-you are a fan of Wall Street.

    William D. Cohan is no knee-jerk advocate for Wall Street and the big banks. He's one of America's most respected financial journalists and the progressive bestselling author of House of Cards. He has long been critical of the bad behavior that plagued much of Wall Street in the years leading up to the 2008 financial crisis, and because he spent seventeen years as an investment banker on Wall Street, he is an expert on its inner workings as well.

    But in recent years he's become alarmed by the cheap shots and ceaseless vitriol directed at Wall Street's bankers, traders, and executives-the people whose job it is to provide capital to those who need it, the grease that keeps our economy humming. In this brisk, no-nonsense narrative, Cohan reminds us of the good these institutions do-and the dire consequences for us all if the essential role they play in making our lives better is carelessly curtailed.

    Praise for William D. Cohan

    "Cohan writes with an insider's knowledge of the workings of Wall Street, a reporter's investigative instincts and a natural storyteller's narrative command."-The New York Times

    "[Cohan is] one of our most able financial journalists."-Los Angeles Times

    "A former Wall Street man and a talented writer, [Cohan] has the rare gift not only of understanding the fiendishly complicated goings-on, but also of being able to explain them in terms the lay reader can grasp."-The Observer (London)

    Editor's Note

    Nuanced perspective…

    William D. Cohan uniquely sees both sides of the stock market: As a former investment banker and respected financial journalist who has frequently criticized the excesses of Wall Street, he nonetheless believes in the necessity of the institutions for a well-functioning society. It’s a fascinating and nuanced read that does a great job of countering the current waves of contempt without implying that the finance sector should have a free pass.

    LanguageEnglish
    PublisherPenguin Random House Audio
    Release dateFeb 28, 2017
    ISBN9781524774233
    Unavailable
    Why Wall Street Matters
    Author

    William D. Cohan

    William D. Cohan is the bestselling author of Money and Power, House of Cards, and The Last Tycoons. He has appeared on The Daily Show, Charlie Rose, CBS This Morning, ABC Evening News, Good Morning America, and more. He has also been featured on numerous NPR programs, including Marketplace, Diane Rehm, Leonard Lopate, and Studio 360 with Kurt Anderson. In addition to being media savvy, Cohan is himself a Duke alum who worked on Wall Street for seventeen years.

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