What They Do With Your Money How the Financial System Fails Us and How to Fix It
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Auteur:
Stephen Davis
Jon Lukomnik
Co-auteur:
Stephen Davis
David Pitt-Watson
- Engels
- Hardcover
- 9780300194418
- 24 mei 2016
- 296 pagina's
Stephen Davis
Stephen Davis’s many acclaimed books include the Rolling Stones history
Old Gods Almost Dead as well as the New York Times bestsellers
Walk This Way (with Aerosmith),
Fleetwood (with Mick Fleetwood), and the Led Zeppelin history
Hammer of the Gods.
Samenvatting
A call to reboot capitalism and preserve $85 trillion in retirement savings for their owners-not for use as the financial industry's ATM Each year we pay billions in fees to those who run our financial system. The money comes from our bank accounts, our pensions, our borrowing, and often we aren't told that the money has been taken. These billions may be justified if the finance industry does a good job, but as this book shows, it too often fails us. Financial institutions regularly place their business interests first, charging for advice that does nothing to improve performance, employing short-term buying strategies that are corrosive to building long-term value, and sometimes even concealing both their practices and their investment strategies from investors. In their previous prizewinning book, The New Capitalists, the authors demonstrated how ordinary people are working together to demand accountability from even the most powerful corporations. Here they explain how a tyranny of errant expertise, naive regulation, and a misreading of economics combine to impose a huge stealth tax on our savings and our economies. More important, the trio lay out an agenda for curtailing the misalignments that allow the financial industry to profit at our expense. With our financial future at stake, this is a book that analysts, economists, policy makers, and anyone with a retirement nest egg can't afford to ignore.
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- Hardcover
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- 24 mei 2016
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- 296
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- Hoofdauteur
- Stephen Davis
- Tweede Auteur
- Jon Lukomnik
- Co Auteur
- David Pitt-Watson
- Hoofduitgeverij
- Yale University Press
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- 147 mm
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- 25 mm
- Product lengte
- 213 mm
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- 148 mm
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- 30 mm
- Verpakking lengte
- 215 mm
- Verpakkingsgewicht
- 493 g
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- 9780300194418
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