Book Specs
Binding
Trade Paper
Publisher
Penguin UK
Published on
May 25, 2006
Edition
1st Edition
Dimensions
5.12x0.67x7.76 Inches
Weight
0.44 Pounds
About the Book
In today's big money game the investment banks are the masters of the universe, notching up vast profits and wielding huge global influence. But do they now have too much power?
Financial insider Philip Augar reveals the secrets of the money men- the conflicts of interest inherent in acting simultaneously for sellers, buyers and themselves; how enormous returns are concealed by dividing the spoils between shareholders and executives; how bankers have managed to switch their business risks away from themselves to their customers; and why we are paying the price.