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The Wall Street Journal Guide to the End of Wall Street as We Know It: What You Need to Know about the Greatest Financial Crisis of Our Time--And How

by Dave Kansas

The Wall Street Journal Guide to the End of Wall Street as We Know It: What You Need to Know about the Greatest Financial Crisis of Our Time--And How Cover

 

Synopses & Reviews

Publisher Comments:

We're in the midst of the greatest financial crisis of our time. Do you know what really happened? Are you prepared for what's to come?

When every headline delivers bad news, and each morning market bell seems to usher in yet another bank debacle, stock market plunge or dire warning about the end of access to credit; threats to our savings and security; and the collapse of the entire financial system as we know it. . . . It's hard to keep up.

But we can't afford to be in the dark just because we can no longer bear to turn on the news.

Written by seasoned financial writer Dave Kansas, The Wall Street Journal Guide to the End of Wall Street as We Know It makes sense of the madness, revealing how the crisis is affecting our financial lives and what steps we should take to inform and protect ourselves. This comprehensive, practical and accessible book delivers:

  • An inside look at the financial wizardry, easy money and overconfidence that drove the subprime crisis, credit crunch and market meltdown
  • An analysis of the New World Order—the banking behemoths, the government's role—and how it will affect Main Street
  • A look at what's safe: a rundown of which investments are protected and which aren't and how fund protection has changed
  • Individual investor strategies: stocks, bonds, retirement and real estate (and whether you should think seriously about "the mattress")

From the most authoritative source for business and economic news and written by one of the most trusted voices in financial reporting, The Wall Street Journal Guide to the End of Wall Street as We Know It is the only book you'll need to navigate the storm ahead.

Review:

"LIMNED WITH BASIC ECONOMIC PRINCIPLES AND RATIONAL ANALYSIS, THIS FINANCIAL GUIDE FROM A FORMER EDITOR AT THE WALL STREET JOURNAL SHOULD DISAPPOINT FANS OF THE SOPHISTICATED BUSINESS BROADSHEET AS WELL AS THOSE DRAWN BY THE ALARMIST TITLE. KANSAS WASTES NO TIME IN CONCEDING THAT, YES, WALL STREET 'PRACTICALLY DESTROYED ITSELF IN AN ORGY OF DELUSION AND GREED AND TRANSFORMED ITSELF INTO SOMETHING ELSE ENTIRELY,' BUT SPREADS RESPONSIBILITY FAR AND WIDE. AS SUCH, SIDEBARS PROFILING SPECIFIC PEOPLE, ORGANIZATIONS AND PRACTICES READ LIKE CLUES IN A MURDER MYSTERY: DID THE FED, LED BY ALAN GREENSPAN, KILL THE ECONOMY WITH AN 'EASY-MONEY POLICY'? WAS IT THE BIG BANKS, WHO 'MAGICALLY TRANSFORMED SUBPRIME MORTGAGE DEBT INTO SOMETHING FAR MORE ATTRACTIVE'? OR ARE OVEREAGER FIRST-TIME HOMEOWNERS TO BLAME? IF KANSAS KNOWS, HE'S NOT TELLING. THOUGH HE DISPENSES SOME HELPFUL INVESTMENT ADVICE ('PAY YOURSELF FIRST,' 'DIVERSIFICATION IS VITAL,' 'ALWAYS TAKE ADVANTAGE OF FREE MONEY'), IT'S NOTHING THAT WOULDN'T HAVE BEEN JUST AS APPLICABLE PRE-RECESSION; FURTHER, HE OFFERS NO ASSURANCE THAT INDIVIDUALS CAN PREVENT ANOTHER CRISIS, NO MATTER HOW RESPONSIBLY THEY HANDLE THEIR MONEY." Publishers Weekly (Copyright Reed Business Information, Inc.)

Synopsis:

The definitive guide for Main Street readers who want to make sense of what′s happening on Wall Street, and better understand how we got here and what we need to know to in days to come. Written by seasoned financial writer Dave Kansas, this official Wall Street Journal guide will be filled with practical information, revealing what the crisis means for reader′s financial lives, and what steps they should be taking now to inform and protect themselves.

About the Author

Dave Kansas is Editor at Large of FiLife.com, a new online personal finance joint venture between Dow Jones and IAC Corp. Prior to that, Kansas spent four years as editor of The Wall Street Journal's Money &Investing section and was editor in chief of TheStreet.com during its formative years, and he is the author of two previous books, The Wall Street Journal's Complete Money &Investing Guidebookand TheStreet.com Guide to Investing in the Internet Era. He and his wife, Monica, live in New York City.

Product Details

ISBN:
9780061788406
Author:
Kansas, Dave
Publisher:
HarperBusiness
Author:
by Dave Kansas
Author:
Cravath, Lynne Woodcock
Author:
Murphy, Stuart J.
Subject:
Personal Finance - Money Management
Subject:
Investments & Securities - General
Subject:
Investments
Subject:
Stocks
Subject:
Financial crises -- United States.
Subject:
Stocks -- United States.
Subject:
Concepts - Counting
Subject:
Business - Personal Finance
Edition Description:
Trade PB
Series:
MathStart 3
Publication Date:
20090131
Binding:
TRADE PAPER
Grade Level:
from 2
Language:
English
Illustrations:
Y
Pages:
224
Dimensions:
8.04x5.48x.52 in. .35 lbs.
Age Level:
from 7

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The Wall Street Journal Guide to the End of Wall Street as We Know It: What You Need to Know about the Greatest Financial Crisis of Our Time--And How Used Trade Paper
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Product details 224 pages HarperBusiness - English 9780061788406 Reviews:
"Publishers Weekly Review" by , "LIMNED WITH BASIC ECONOMIC PRINCIPLES AND RATIONAL ANALYSIS, THIS FINANCIAL GUIDE FROM A FORMER EDITOR AT THE WALL STREET JOURNAL SHOULD DISAPPOINT FANS OF THE SOPHISTICATED BUSINESS BROADSHEET AS WELL AS THOSE DRAWN BY THE ALARMIST TITLE. KANSAS WASTES NO TIME IN CONCEDING THAT, YES, WALL STREET 'PRACTICALLY DESTROYED ITSELF IN AN ORGY OF DELUSION AND GREED AND TRANSFORMED ITSELF INTO SOMETHING ELSE ENTIRELY,' BUT SPREADS RESPONSIBILITY FAR AND WIDE. AS SUCH, SIDEBARS PROFILING SPECIFIC PEOPLE, ORGANIZATIONS AND PRACTICES READ LIKE CLUES IN A MURDER MYSTERY: DID THE FED, LED BY ALAN GREENSPAN, KILL THE ECONOMY WITH AN 'EASY-MONEY POLICY'? WAS IT THE BIG BANKS, WHO 'MAGICALLY TRANSFORMED SUBPRIME MORTGAGE DEBT INTO SOMETHING FAR MORE ATTRACTIVE'? OR ARE OVEREAGER FIRST-TIME HOMEOWNERS TO BLAME? IF KANSAS KNOWS, HE'S NOT TELLING. THOUGH HE DISPENSES SOME HELPFUL INVESTMENT ADVICE ('PAY YOURSELF FIRST,' 'DIVERSIFICATION IS VITAL,' 'ALWAYS TAKE ADVANTAGE OF FREE MONEY'), IT'S NOTHING THAT WOULDN'T HAVE BEEN JUST AS APPLICABLE PRE-RECESSION; FURTHER, HE OFFERS NO ASSURANCE THAT INDIVIDUALS CAN PREVENT ANOTHER CRISIS, NO MATTER HOW RESPONSIBLY THEY HANDLE THEIR MONEY." Publishers Weekly (Copyright Reed Business Information, Inc.)
"Synopsis" by , The definitive guide for Main Street readers who want to make sense of what′s happening on Wall Street, and better understand how we got here and what we need to know to in days to come. Written by seasoned financial writer Dave Kansas, this official Wall Street Journal guide will be filled with practical information, revealing what the crisis means for reader′s financial lives, and what steps they should be taking now to inform and protect themselves.
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