Real World Banking and Finance

Edited by Doug Orr, Marty Wolfson, and Chris Sturr

real world banking cover
Edition:
6th
Date of publication:
November 2010
ISBN:
978-1-878585-77-6
Pages:
291
Price:
$32.95


  • Chapter 1: Money, The Federal Reserve, and the Economy
    • 1.1 The Money Supply Ellen Frank
    • 1.2 What is Money? Doug Orr
    • 1.3 The Discount Rate Ellen Frank
    • 1.4 Focus on the Fed Doug Orr and Ellen Frank
    • 1.5 Transforming the Fed Robert Pollin
    • 1.6 Big Lies About Central Banking Joseph Stiglitz
    • 1.7 Pushing on Strings Gerald Friedman
    • 1.8 Is the Fed a Conspiracy? Arthur MacEwan
    • 1.9 Bernanke’s Bad Teachers Gerald Friedman
  • Chapter 2: The Banking and Finance Industry
    • 2.1 Financialization: A Primer Ramaa Vasudevan
    • 2.2 (Mis)Understanding a Banking Industry in Transition William K. Black
    • 2.3 The Sad Future of Banking William K. Black
    • 2.4 Not Too Big Enough Rob Larson
    • 2.5 Bonanzas as Usual Rob Larson
    • 2.6 Private Equity Exposed Orlando Segura, Jr.
    • 2.7 Hedge Funds Arthur MacEwan
    • 2.8 What Were the Bankers Thinking? Arthur MacEwan
    • 2.9 No Expense Too Great: A History of the Savings and Loan Bailout Dorene Isenberg and Vince Valvano
  • Chapter 3: Mortgages, Consumer Credit, and Predatory Lending
    • 3.1 America’s Growing Fringe Economy Howard Karger
    • 3.2 Three Million Americans Are Debt Poor Steven Pressman and Robert Scott
    • 3.3 The Homeownership Myth Howard Karger
    • 3.4 How to Stop the Foreclosures Fred Moseley
    • 3.5 The Community Reinvestment Act: A Law That Works Jim Campen
    • 3.6 Lending Insights: Hard Proof That Banks Discriminate Jim Campen
    • 3.7 Update on Mortgage Lending Discrimination Jim Campen
    • 3.8 A Matter of Life and Debt: The Impact of Predatory Lending on the Black Community Jabulani Leffal
    • 3.9 Flame Broiled Shark David Swanson
  • Chapter 4: The Financial Crisis
    • 4.1 The Greed Fallacy Arthur MacEwan
    • 4.2 Crisis and Neoliberal Capitalism David Kotz
    • 4.3 From Tulips to Mortage-Backed Securities Gerald Friedman
    • 4.4 Derivatives and Deregulation Marty Wolfson
    • 4.5 Dealing with a Rotten Tooth Arthur MacEwan
    • 4.6 Ponzi Schemes and Speculative Bubbles Arthur MacEwan
    • 4.7 The Bailout of Fannie Mae and Frveddie Mac Fred Moseley
    • 4.8 Time for Permament Nationalization! Fred Moseley
    • 4.9 The Bailouts Revisited Marty Wolfson
  • Chapter 5: The Stock Market
    • 5.1 The Great Stock Illusion Ellen Frank
    • 5.2 Stock Volatility Ellen Frank
    • 5.3 Teaching About Stocks for Fun and Propaganda Mark Maier
    • 5.4 Who Gets Those Trillions? Arthur MacEwan
    • 5.5 Labor’s Capital Adria Scharf
    • 5.6 Dow’s Rebound after Recession Inconsequential for Most Americans Sylvia Allegretto
    • 5.7 Socially Responsible Investing Comes of Age Steve Fahrer
  • Chapter 6: Retirement Finance
    • 6.1 Empire and Entitlements Arthur MacEwan
    • 6.2 Social Security Q & A: Separating Fact from Fiction Doug Orr
    • 6.3 African Americans and Social Security William E. Spriggs
    • 6.4 The Social Security Administration’s Cracked Crystal Ball John Miller
    • 6.5 The Myth of the Social Security Trust Fund Ellen Frank
    • 6.6 Go Ahead and Lift the Cap John Miller
    • 6.7 Hard Work at an Advanced Age Amy Gluckman
    • 6.8 When Bad Things Happen to Good Pensions Teresa Ghilarducci
    • 6.9 No More Savings! Ellen Frank
  • Chapter 7: The International Financial System
    • 7.1 The Giant Pool of Money Arthur MacEwan
    • 7.2 W(h)ither the Dollar? Katherine Sciacchitano
    • 7.3 Tax Havens and the Financial Crisis Rachel Keeler
    • 7.4 Unfettered Capital Wreaks Havoc Ellen Frank
    • 7.5 Export Credit Agencies: International Corporate Welfare Danielle Knight
    • 7.6 U.S. Banks and the Dirty Money Empires James Petras
    • 7.7 Learning from the Southeast Asian Crisis John Miller
    • 7.8 George Bush’s Favorite Vultures Greg Palast
    • 7.9 Microcredit and Women’s Poverty Susan F. Feiner and Drucilla K. Barker
  • Contributors