Inside Wall StreetBeard Books, 2000 - 288 páginas |
Dentro del libro
Resultados 6-10 de 63
Página 30
... institution was not officially recog- nized in the rules and bylaws for another half century . The specialist system enabled the Exchange to handle a far larger volume of trading than had been possible under the auction procedure ...
... institution was not officially recog- nized in the rules and bylaws for another half century . The specialist system enabled the Exchange to handle a far larger volume of trading than had been possible under the auction procedure ...
Página 37
... institution in the securities structure , and rumors of difficulties there sparked several minor panics in the i86os and 1870s , in which scores of small brokerages collapsed . Conservative brokerages content to act as middlemen had ...
... institution in the securities structure , and rumors of difficulties there sparked several minor panics in the i86os and 1870s , in which scores of small brokerages collapsed . Conservative brokerages content to act as middlemen had ...
Página 39
... institutions would require services that could not be provided in their areas , and so they became the ... institution . All monetary power seemed to emanate from Manhattan . Approximately $ 52 billion in bank clearances was recorded in ...
... institutions would require services that could not be provided in their areas , and so they became the ... institution . All monetary power seemed to emanate from Manhattan . Approximately $ 52 billion in bank clearances was recorded in ...
Página 41
... institutions , so recently reformed and still in the process of changing , would thrive . In 1877 a N.Y.S.E. seat changed hands for $ 4,500 , in addition to which the new member had to pay a $ 1,500 initiation fee . Five years later the ...
... institutions , so recently reformed and still in the process of changing , would thrive . In 1877 a N.Y.S.E. seat changed hands for $ 4,500 , in addition to which the new member had to pay a $ 1,500 initiation fee . Five years later the ...
Página 43
... institutions lasted for close to a century , growing and adapting along the way , but rarely undergoing a major transformation . Then , when cracks appeared along the seams , their great- grandchildren rushed to patch up the old system ...
... institutions lasted for close to a century , growing and adapting along the way , but rarely undergoing a major transformation . Then , when cracks appeared along the seams , their great- grandchildren rushed to patch up the old system ...
Contenido
22 | |
44 | |
67 | |
NYSEUpstairs | 91 |
Research | 116 |
Options for the Amex | 140 |
SEC | 164 |
The Investment Bankers | 193 |
Institutions | 217 |
Images | 242 |
Coda | 265 |
For Further Reading | 273 |
Bibliography | 275 |
Index | 281 |
Términos y frases comunes
accounts alter American American Stock Exchange Amex analysts assets bankers Batten bonds brokerages bull market capital central market century City clients commercial banks commission houses companies Corporation created Curb curbstone brokers deal decade decline Dow Theory early economic electronic executive financial district firms floor function Glass-Steagall Act individuals industry institutions interest investment banks investors issues J. P. Morgan Journal journalists knew Kolton late leaders listed lower Manhattan major managers manipulations market makers marketplace Merrill Lynch million shares mutual funds NASDAQ Needham newspapers O-T-C dealers operations options trading organization portfolio president prior purchase reform registered representative reports securities markets sell situation specialist system speculators Stock Exchange Streeters Third Market ticker tion transactions trust U.S. Steel underwriting Vanderbilt volume Wall Street wanted Washington Weeden William Batten York
Pasajes populares
Página 119 - The market is always to be considered as having three movements, all going on at the same time. The first is the narrow movement from day to day. The second is the short swing, running from two weeks to a month or more; the third is the main movement, covering at least four years in its duration.
Página 198 - UNTERMYER: Is not commercial credit based primarily upon money or property? MORGAN: No, sir: the first thing is character.
Página 123 - It deals not only with methods of analyzing individual issues, but also with the establishment of general principles of selection and protection of security holdings. Hence much emphasis has been laid upon distinguishing the investment from the speculative approach, upon setting up sound and workable tests of safety, and upon an understanding of the rights and true interests of investors in senior securities and owners of common stocks.
Página 175 - ... although many specific recommendations for improvements in rules and practices are made in the Report of the Special Study, the report demonstrates that neither the fundamental structure of the securities markets nor of the regulatory pattern of the securities acts requires dramatic reconstruction. The report should not impair public confidence in the securities markets, but should strengthen it as suggestions for raising standards are put into practice.
Página 175 - At the outset we emphasize that, although many specific recommendations for improvements in rules and practices are made in the Report of the Special Study, the report demonstrates that neither the fundamental structure of the securities markets nor of the regulatory pattern of the securities acts requires dramatic reconstruction.
Página 193 - This squalid mess is due to nothing but Governor Roosevelt's own weakness and timidity. . . . The trouble with Franklin D. Roosevelt is that his mind is not very clear, his purposes are not simple, and his methods are not direct.
Página 176 - We are challenged to elevate our sights — to concern ourselves with new areas of cooperation before we concern ourselves with new areas of control." He suggested to the regulatory agencies that they develop new cooperation with business rather than concentrating on new controls over business. OPPOSITION TO 8. 985 We want to register our opposition to Senate bill 985 for several specific reasons. I will just give general...
Página 120 - ... time after such top or bottom has been made. Sometimes people are able to guess when prices are at the top or at the bottom, but such...