Newsletter   Secure Checkout   Shopping Cart (0 Items)  
Search:    Welcome Guest! Save up to 30-40% on most items with our awesome everyday discounts!

Wall Street Capitalism: The Theory of the Bondholding Class [Paperback]

By E. Ray Canterbery (Author)
Our Price $ 16.80  
Retail Value $ 24.00  
You Save $ 7.20  (30%)  
Item Number 167897  
Buy New $16.80
Out Of Stock!
Currently Out Of Stock
Currently unavailable...

Item description for Wall Street Capitalism: The Theory of the Bondholding Class by E. Ray Canterbery...

This book goes behind the headlines of the Wall Street Journal to unmask the "bondholding class". Insulated from criticism by a self-serving ideology, the bondholders have redefined the indicators of economic well-being decidedly in Wall Street's favor. Created out of the fiscal folly of Reaganomics, fortified by Federal Reserve officials, and patronized by the Clinton Administration, the bondholding class invented the "Goldilocks economy" (never too hot, never too cold). As this powerful class has amassed the greatest wealth in history, ordinary Americans have been losing ground to the ensuing global financial turbulence. In a tour de force, Ray Canterbery shows how the evaporation of personal savings - "the Angels share" - is as necessary to Wall Street capitalism as it is damaging to growth and wages on Main Street.

Promise Angels is dedicated to bringing you great books at great prices. Whether you read for entertainment, to learn, or for literacy - you will find what you want at!

Item Specifications...

Studio: World Scientific Publishing Company
Pages   340
Est. Packaging Dimensions:   Length: 8.52" Width: 6.01" Height: 0.9"
Weight:   1.14 lbs.
Binding  Softcover
Release Date   Sep 15, 2000
Publisher   World Scientific Publishing Company
ISBN  9810238517  
ISBN13  9789810238513  

Availability  0 units.

More About E. Ray Canterbery

Register your artisan biography and upload your photo! Are You The Artisan or Author behind this product?
Improve our customers experience by registering for an Artisan Biography Center Homepage.

Product Categories

1Books > Subjects > Business & Investing > Economics > Comparative
2Books > Subjects > Business & Investing > Economics > General
3Books > Subjects > Business & Investing > Finance
4Books > Subjects > Business & Investing > General
5Books > Subjects > Business & Investing > Investing > Bonds
6Books > Subjects > Professional & Technical > Accounting & Finance > Finance > General
7Books > Subjects > Professional & Technical > Accounting & Finance > Finance

Similar Products

Reviews - What do customers think about Wall Street Capitalism: The Theory of the Bondholding Class?

Dubyah's new clothes  May 10, 2001
This excellent, accessible, and extremely well documented integration of the economics, administrative infrastructure and politics of the economy is a must read. Canterbery clearly deflates current politically correct talking point that Dubyah's skewed tax cut is in any meaningful way related to "capital formation". With only 5% of the transactions in the stock and bond market attributable to the "primary" capital raising markets (i.e. IPOs and new treasury debt) the churning of the remaining 95% of the secondary market is the "overhead" that's necessary to achieve "efficient" pricing for capital. That's like a shop owner who has to sustain $95 in operating overhead to keep his store open in order to make $5 in sales.

Witty, insightfully integrative and deadly accurate, this is a must read.

Deconstructing the Myth of the "Millionaire Next Door"  Sep 19, 2000
The past decade of financial euphoria has slowly built in the public's mind the myth of the "millionaire next door," and the belief that democratic redistribution, through capital markets accessible to all, existed. This book, owing to a thorough analysis of the US capital markets, definitely draws an accurate and realistic picture of who the real "winners" are. The answer is explosive and the statements fully backed up with data. If you want to have a better understanding of how the Fed, the government, and the markets have been creating this "dream come true," this book is definitely a must read.
Making Capitalism Work  Jul 6, 2000
This book explains why the health of the stock market is not equivalent to the health of the economy. The Wall Street bull has transferred enoumous amounts of wealth from the bottom 95% to the top 5% of the population. The result is an economy that is producing goods and services at a rate that is well below its capacity to produce, reducing the standard of living of all but those few who are winning the speculative Wall Street lottery. The book is written in an engaging style with plenty of data to back up the claims. A very important book for a very crucial time in the economic history of the US.
On the right track...  May 22, 2000
If you want to try to understand what's going on in the financial markets, especially the role played by the Fed, then this is the book to read. Extremely stimulating, with interesting statistics to firm up the author's arguments.

Write your own review about Wall Street Capitalism: The Theory of the Bondholding Class

Ask A Question or Provide Feedback regarding Wall Street Capitalism: The Theory of the Bondholding Class

Item Feedback and Product Questions
For immediate assistance call 888.395.0572 during the hours of 10am thru 8pm EST Monday thru Friday and a customer care representative will be happy to help you!

Help us continuously improve our service by reporting your feedback or questions below:

I have a question regarding this product
The information above is incorrect or conflicting
The page has misspellings or incorrect grammar
The page did not load correctly in my browser or created an error.

Email Address:
Anti Spam Question. To combat spammers we require that you answer a simple question.
What color is the sky?
Leave This Blank :
Do Not Change This Text :

Add This Product Widget To Your Website

Looking to add this information to your own website? Then use our Product Widget to allow you to display product information in a frame that is 120 pixels wide by 240 pixels high.

    Copy and paste the following HTML into your website and enjoy!

Order toll-free weekdays 10am thru 10pm EST by phone: 1-888-395-0572 (Lines are closed on holidays & weekends.)
Customer Service | My Account | Track My Orders | Return Policy | Request Free Catalog | Email Newsletter

Gift Certificates
RSS Feeds
About Us
Contact Us
Terms Of Use
Privacy Policy