A former Drexel Burnham employee chronicles the firm's ascent, Michael Milkin's activities with the firm, and the company's eventual downfall
The titles in this series, all previously published by BPP Training, are now available in entirely updated and reformatted editions. Each offers an international perspective on a particular aspect …
A series of studies developed at Salomon Brothers Inc. that is based on the concept of shortfall risk, which is the risk of failing to earn the minimum return that an investment manager regards as …
Emerging economies have been the beneficiaries of sharply increased volumes of international capital inflows in the past decade. These inflows have eased foreign financing constraints and offered t…
With the collapse of the Bretton Woods system, any pretense of a connection of the world's currencies to any real commodity has been abandoned. Yet since the 1980s, most central banks have abando…
With Asian markets and currencies in retreat, past over optimism on Asia has been replaced by unequivocal pessimism. Asia has been turned into a financial and economic desert. The future is hopeles…
This text analyzes the entire financial system and its component parts with an expanded discussion of the trend toward globalization of financial markets and institutions. It also discusses all maj…
How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegg…
The Foreign Exchange and Money Markets Guide has also been expan- ded to include the closely related money markets such as the com- mercial paper and Eurocommercial paper markets, national money ma…
xpert advice and timely techniques for surviving and thriving within currency markets Rapid movements in currency markets have been a common occurrence in recent years, often to the detriment of t…