Doug Henwood's engaging book is a razor-sharp dissection of the world of high finance. Henwood has the natural-born teacher's ability to make the obscure transparent. - Gary Mongiovi, The Nation. If Karl Marx wrote as well as Doug Henwood, who knows what course history might have taken? - - James Grant, author of The Trouble with Prosperity.
A scathing dissection of the wheeling and dealing in the world's greatest financial center. Spot rates, zero coupons, blue chips, futures, options on futures, indexes, options on indexes. To these questions Wall Street answers an emphatic yes. Its author Doug Henwood is a notorious scourge of the stock exchange in the pages of his acerbic publication Left Business Observer. The Newsletter has received wide acclamation from . it's tragic that you exist.
Doug Henwood (born December 7, 1952) is an American journalist, economic analyst, and financial trader who writes frequently about economic affairs. This was followed in 1997 by Wall Street (Verso Books), in which Henwood described the workings of high finance, and then by After the New Economy (The New Press, 2003), an analysis of the 1990s boom and bust. Henwood's most recent book is My Turn: Hillary Clinton Targets the Presidency (Seven Stories Press, 2016).
Doug Henwood's engaging book is a razor-sharp dissection of the world of high finance.
With compelling clarity, Henwood dissects the world's greatest financial center, laying open the Intricacies of how, and for whom, the market works. The Wall Street which emerges is not a pretty sight. Hidden from public view, the markets are poorly regulated, badly managed, chronically myopic and often corrupt. And though, as Henwood reveals, their activity contributes al With compelling clarity, Henwood dissects the world's greatest financial center, laying open the Intricacies of how, and for whom, the market works.
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Doug Henwood has a talent, remarkable as it is rare among observers of the financial scene, for making the obscure clear, the complicated simple and the arcane understandable. His irreverent take on Wall Street is a provocative challenge to conventional wisdom that's great fun to read. Alan Abelson, Barron's columnist. That figure - which captures most of the world’s financial action with the .
Doug Henwood's engaging book is a razor-sharp dissection of the world of high finance Henwood has the natural-born teacher's ability to make the obscure transparent.