{"product_id":"exile-on-wall-street-isbn-9781118115466","title":"Exile on Wall Street","description":"\u003cb\u003eAn insider points out the holes that still exist on Wall Street and in the banking system\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eExile on Wall Street\u003c\/i\u003e is a gripping read for anyone with an interest in business and finance, U.S. capitalism, the future of banking, and the root causes of the financial meltdown.\u003c\/p\u003e \u003cp\u003eAward winning, veteran sell side Wall Street analyst Mike Mayo writes about one of the biggest financial and political issues of our time – the role of finance and banks in the US. He has worked at six Wall Street firms, analyzing banks and protesting against bad practices for two decades.\u003c\/p\u003e \u003cp\u003eIn \u003ci\u003eExile on Wall Street,\u003c\/i\u003e Mayo:\u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cdiv\u003eLays out practices that have diminished capitalism and the banking sector\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eShares his battle scars from calling truth to power at some of the largest banks in the world and how he survived challenging the status quo to be credited as one of the few who saw the crisis coming\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eBlows the lid off the true inner workings of the big banks and shows the ways in which Wall Street is just as bad today as it was pre-crash.\u003c\/div\u003e \u003c\/li\u003e \u003cli\u003e \u003cdiv\u003eAnalyzes the fallout stemming from the market crash, pointing out the numerous holes that still exist in the system, and offers practical solutions.\u003c\/div\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWhile it provides an education, this is no textbook. It is also an invaluable resource for finance practitioners and citizens alike.\u003c\/p\u003e \u003cp\u003eIntroduction Watering Down the Wine 1\u003c\/p\u003e \u003cp\u003eChapter 1 “God’s Work” at the Fed 9\u003c\/p\u003e \u003cp\u003eChapter 2 The Big Time—or Something Like It 25\u003c\/p\u003e \u003cp\u003eChapter 3 Exile and Redemption 45\u003c\/p\u003e \u003cp\u003eChapter 4 The Professional Gets Personal 67\u003c\/p\u003e \u003cp\u003eChapter 5 The Crisis 81\u003c\/p\u003e \u003cp\u003eChapter 6 The Vortex 97\u003c\/p\u003e \u003cp\u003eChapter 7 Citi, Part I: A Long, Sad Saga 111\u003c\/p\u003e \u003cp\u003eChapter 8 Citi, Part II: The Plot Sickens 131\u003c\/p\u003e \u003cp\u003eChapter 9 A Better Version of Capitalism 145\u003c\/p\u003e \u003cp\u003eChapter 10 The Meaning of Life 165\u003c\/p\u003e \u003cp\u003eAcknowledgments 177\u003c\/p\u003e \u003cp\u003eAbout the Author 179\u003c\/p\u003e \u003cp\u003eNotes 181\u003c\/p\u003e \u003cp\u003eIndex 193\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003e    \u003cp\u003e\u003cb\u003eMIKE MAYO\u003c\/b\u003e is one of the top-ranked banking and finance analysts of the past twenty years. Mayo was the only analyst to testify during Senate Banking Committee hearings in 2002 on conflicts of interest on Wall Street, and in 2010, he testified again, this time as the first analyst to speak on the causes of the crisis. He has worked at Wall Street firms including UBS, Lehman Brothers, Credit Suisse, Prudential Securities, and Deutsche Bank. He currently serves as Managing Director at Credit Agricole Securities, which provides services in the United States for CLSA, a global boutique brokerage firm. In 2008, \u003ci\u003eFortune\u003c\/i\u003e named him one of \"Eight Who Saw the Crisis Coming.\"   \u003c\/p\u003e\u003cp\u003eFrom Mike Mayo, the star banking analyst once nicknamed the \"CEO killer,\" comes \u003ci\u003eExile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves\u003c\/i\u003e, the true story of a man who dared to speak out against the status quo on The Street. \u003c\/p\u003e\u003cp\u003eThe book centers around one truth: \u003ci\u003ethe financial crisis hasn't changed a thing.\u003c\/i\u003e Chronicling Mayo's time working first for the Federal Reserve in Washington and then with many of the biggest banks in the world, the book is packed with outrageous adventures—from management escorting him out of the Lehman Brothers building to getting fired from Credit Suisse for putting a sell rating on the entire banking sector to being banned from speaking to the media by Deutsche Bank because of his \"negative\" views. Wall Street has been playing dirty for years, and Mayo analyzes the fallout stemming from the market crash, pointing out the numerous holes that still exist in the system. \u003c\/p\u003e\u003cp\u003eOffering a remarkable look at the behind-the-scenes machinations of the biggest financial institutions, \u003ci\u003eExile on Wall Street\u003c\/i\u003e is a gripping read for anyone with an interest in business and finance, U.S. capitalism, the future of banking, and the root causes of the financial meltdown. It is also an invaluable resource for bankers, finance practitioners, and other industry professionals.   Mike Mayo is an old-style bank analyst—thorough, independent, honest—who never pulls his punches, whatever icons, public or private, may be wounded.\"\u003cbr\u003e —\u003cb\u003ePaul A. Volcker,\u003c\/b\u003e former chairman of the Federal Reserve  \u003c\/p\u003e\u003cp\u003e\"Exile on Wall Street offers Wall Street's rarest commodity: the truth about our nation's largest banks and how they almost toppled capitalism. If you want to know the sickening truth about the largest banks, read Mike Mayo's exposé.\"\u003cbr\u003e —\u003cb\u003eHarry Markopolos,\u003c\/b\u003e author of \u003ci\u003eNo One Would Listen\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\"Mike Mayo is one of the best financial analysts on Wall Street. He brings clarity to a world full of uncertainty.\"\u003cbr\u003e —\u003cb\u003eMaria Bartiromo,\u003c\/b\u003e leading financial commentator\u003c\/p\u003e \u003cp\u003e“Mike has long advocated for the investor. If only directors of business corporations with the legal and moral obligation to their shareholder base would emulate his diligence on their behalf, then good corporate governance would be restored. Every public company director ought read his book!”\u003cbr\u003e \u003cb\u003e—Thomas Garrott,\u003c\/b\u003e ex-CEO of National Commerce bank and an ex-director of SunTrust\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989184004325,"sku":"NP9781118115466","price":29.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118115466.jpg?v=1761783126","url":"https:\/\/k12savings.com\/es\/products\/exile-on-wall-street-isbn-9781118115466","provider":"K12savings","version":"1.0","type":"link"}