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Product details
File Size: 1721 KB
Print Length: 972 pages
Page Numbers Source ISBN: 0735544352
Simultaneous Device Usage: Up to 4 simultaneous devices, per publisher limits
Publisher: Aspen Publishers; 3rd edition (May 12, 2011)
Publication Date: May 12, 2011
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B0050JYATS
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Amazon Best Sellers Rank:
#1,047,389 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
This book could not be any better or have a more qualified author. Joel Seligman, co-author of the most authoritative treatise on US securities regulation, first wrote this text in the 1980s. Since then, during decades of close involvement with the SEC and US regulation, Prof. Seligman has updated the contents and refined the narrative. The story of a regulator whose job it is to supervise people with direct access to the persons (Congress) holding the purse strings to the same regulator's budget tells us not only something about America, but about anyone who sets out to regulate the financial industry.
This is a great work of historical research on Wall Street that reads like a novel. The time period concerned is the end of the Roaring Twenties continuing through the Great Depression. As the public outrage grows to find the causes of, and the men responsible for the Stock Market Crssh become more strident, politicians and attorneys come forth to investigate. And the characters that come forth are very real, and very interesting. On the opposite side, the financiers are also very interesting, although they don't believe that they share any responsibility for their actions, or the results of same. Similarities between characters in this book, and the major players from the last Wall Street Crisis make the latter much more understandable. Some archetypes are a part of the American Society, and Wall Street itself.I haven't found a book like this one; it stands alone in the depth and breath of the era addressed within. To find it still available is quietly reassuring.
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