Separating Fools from Their Money

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A01=Scott B. MacDonald
Author_Scott B. MacDonald
Bank Ceo
Bernie Madoff
business ethics education
Category=JKVK
Category=KCX
Category=KCZ
Credit Mobilier
economic history research
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Erie Stock
Federal Aviation Administration
Feeder Funds
financial malfeasance
Financial Scandals
Grand Central Hotel
Hedge Funds
High Frequency Trading
Jane E. Hughes
Junk Bond
Junk Bond Investments
Junk Bond Market
Major Financial Scandal
Marine National Bank
market manipulation
MBS
MF Global
Michael Milken
Middle West Utilities
OCC
Samuel Insull
securities law violations
systemic risk in finance
Teapot Dome
USA Patriot Act
Volcker Rule
white collar crime
Young Man

Product details

  • ISBN 9781412855006
  • Weight: 453g
  • Dimensions: 152 x 229mm
  • Publication Date: 30 Jan 2015
  • Publisher: Taylor & Francis Inc
  • Publication City/Country: US
  • Product Form: Paperback
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What do Michael Milken and Martha Stewart have in common? What was the most outrageous party thrown by a financial baron of the twentieth century? Which US war hero president became party to, and victim of, an unabashed con man known as the Napoleon of Wall Street?

These questions and more are discussed in Separating Fools from Their Money. The authors trace the history of financial scandals beginning with young republic days through the Enron/WorldCom debacle of modern times. Informative and entertaining, this book reveals human nature in all of its dubious shades of grey. It also exposes themes common to all financial scandals, which remain astonishingly unchanged over time—greed, hubris, media connections, self-interested politicians, and booms-gone-bust, to name a few.

This second edition features a new preface and introduction, plus three new chapters, which address the financial panic of 2008, post-panic scandals, and the "princes of Ponzi." This book's accessible writing will interest the casual business reader as well as the seasoned investor.

Scott B. MacDonald is a senior managing director and head of research at MC Asset Management Holdings, LLC. His numerous books include European Destiny, Atlantic Transformations; A History of Credit and Power in the Western World; and Asia's Rise in the 21st Century. Jane E. Hughes is a director at Social Finance US. She is an adjunct professor at Simmons College School of Management and Boston College Carroll School of Management. Hughes co-authored, with Scott B. MacDonald, International Banking and, with Scott B. MacDonald and David Leith Crum, New Tigers and Old Elephants.

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