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- Product code: 11054
- ISBN: 0712662596,
ISBN13: 9780712662598,
428 pages, paperback
Published by Random House, 5th edition, 2003
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Rating: 2.7/5 (3 votes cast)
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Description of How to Read the Financial Pages |
An updated edition of the business bestseller written for the layman - which City firms buy as well.
- What are stock markets, currency markets, commodities markets? How do they operate?
- What are derivatives, and why is the financial world getting steamed up about them? Could they cause a financial system crash?
- What is meant by insider dealing? Why is it illegal?
- Who are the main players in the world of money? What do stock brokers, market makers, merchant bankers and underwriters do?
- What sparked the boardroom pay and perks explosion? Are shareholders benefiting too?
Stripping away the mystique from the world of investment and finance, How to Read the Financial Pages is a layman's guide to reading and understanding the financial press and the markets and events it covers. Assuming no financial knowledge, Michael Brett provides a valuable explanation of the workings of the financial world - from money markets to commodity markets, privatisation to takeover bids. With an extensive glossary of financial terms - what is a traded option, a leveraged buy out or a hedge fund? - this book will help you through the financial columns to a better comprehension of the language of markets and money.
This new 5th edition is comprehensively revised and updated.
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Contents of How to Read the Financial Pages |
Introduction
1. First principles
2. Money flows and the money men
3. Companies and their accounts
4. The investment ratios
5. Refining the figurework
6. Equities and the Stock Exchange
7. What moves share prices?
a: In 'normal' times
b: In the crash of '87
8. Stockmarket launches
9. Issuing more shares - and buying shares back
10. Bidders, victims and lawmakers
11. Venture Capital and Leveraged Buy-outs
12. Pay, perks and reverse capitalism
13. Government bonds and company bonds
14. Banks, borrowers and bad debts
15. The money markets
16. Foreign exchange and the Euro
17. International Money: the euromarkets
18. Financial derivatives and commodities
19. Insurance and Lloyd's after the troubles
20. Commercial property and market crashes
21. Savings, pooled investments and tax shelters
22. Supervising the City
23. Print and the internet: the financial pages
Tailpiece: How to read between the lines
Glossary and index
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