The Money Machine: How the City Works (3rd Edn) (Penguin Business Library) - Softcover
Intended for the lay reader, this book explains the workings of the London Stock Exchange, banks and pension funds, building societies, foreign exchanges and all those institutions that make up that nebulous body, "The City". The actions of these bodies have a major effect of the life of everyone, but most people have only the haziest idea how they work. This is a guide to high finance: it explains the means by which billions of pounds are borrowed and invested every day. It shows how the Foreign Exchange works and why interest rates fluctuate. The reader of this book will learn what "tombstones" are, what the FT 100 share index tells you, the difference between "forward cover" and "hedging" and what dollar denominated payments are.
"synopsis" may belong to another edition of this title.
Review:
If you are looking for an immediately practical book, then the best basic guide continues to be THE MONEY MACHINE. -- FINANCIAL TIMES
Philip Coggan's excellent primer on the City.
-- LONDON REVIEW OF BOOKS, John Lanchester
About the Author:
Philip Coggan's excellent primer on the City.
-- LONDON REVIEW OF BOOKS, John Lanchester
Philip Coggan has been a journalist for the Financial Times since 1986, including spells as a Lex columnist, personal finance editor and economics correspondent.
"About this title" may belong to another edition of this title.
- PublisherPenguin
- Publication date1995
- ISBN 10 0140233997
- ISBN 13 9780140233995
- BindingPaperback
- Edition number3
- Number of pages224
- Rating
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The Money Machine: How the City Works (3rd Edn) (Penguin Business Library)
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The Money Machine: How the City Works (Penguin Business Library)
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(1995)
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ISBN 13: 9780140233995
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Book Description Paperback. Condition: Used; Good. Dispatched, from the UK, within 48 hours of ordering. This book is in good condition but will show signs of previous ownership. Please expect some creasing to the spine and/or minor damage to the cover. Inscription on the first page, typically just a name but may include a dedication or a brief personal message. Seller Inventory # CHL9369090
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The Money Machine: How the City Works (3rd Edn) (Penguin Business Library)
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Penguin 26/01/1995
(1995)
ISBN 10: 0140233997
ISBN 13: 9780140233995
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Book Description Condition: Very Good. Shipped within 24 hours from our UK warehouse. Clean, undamaged book with no damage to pages and minimal wear to the cover. Spine still tight, in very good condition. Remember if you are not happy, you are covered by our 100% money back guarantee. Seller Inventory # 6545-9780140233995
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