|
|
Article: You need a friend; Wall Street; Wall Street, past and present.(Books and Arts)(Review)
- Article from:
- The Economist (US)
- Article date:
- June 30, 2001
- Author:
CopyrightCOPYRIGHT 2001 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Pied Pipers of Wall Street: How Analysts Sell You Down the River.
The Last Partnerships: Inside the Great Wall Street Money Dynasties.
Wall Street People: True Stories of Today's Masters and Moguls.
SUDDENLY things are going badly for Wall Street, and they could soon get worse. As the market turns, business has dried up, especially the lucrative underwriting of initial public offerings ( IPO s) of shares and advising on mergers and acquisitions. More ominously, in Washington, DC, politicians are sensing a growing appetite to punish somebody for the downturn, and Wall Street may be the ideal scapegoat, just as it has been before.
...