Description
In this insightful and counterintuitive defense, acclaimed financial journalist William D. Cohan argues that Wall Street, despite its flaws, remains an essential engine of the global economy. Drawing on his extensive experience as both a former investment banker and a critical observer, Cohan reveals how the complex financial mechanisms of Wall Street are intrinsically linked to the everyday conveniences and economic stability we often take for granted. He contends that while the excesses leading up to the 2008 crisis warrant scrutiny, the relentless vitriol directed at the industry overlooks its vital role in providing capital and facilitating growth. This book offers a nuanced perspective, urging readers to understand and improve Wall Street's function rather than simply condemn it, ultimately highlighting the dire consequences of carelessly curtailing its essential contributions to our modern lives.
Available Editions
paperback
Random House
Published Feb 28, 2017
193 pages
ISBN: 9780399590702
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Details
First Published
2017
Language
eng
Content Warnings
Content and trigger warnings for Why Wall Street Matters by William D. Cohan.