From the Age of Derivatives into the New Millennium

Originally published in 2002, this book covers the crisis in the savings and loan industry in the 1980s, insider trading scandals and the growth of derivative financial instruments.

Originally published in 2002, this volume focuses on the growth of derivatives, the savings and loan crisis, the merger mania of the 1980s, the accompanying insider trading scandals, and the battle with inflation. This history then reviews the market run-up in the 1990s and the rebirth of finance that was being strongly pushed by the Internet economy as the third millennium began.

Autorentext

Jerry W. Markham is a professor of law at Florida International University in Miami, USA, where he teaches corporate and international business law.

Inhalt

Part 1: Financial Turmoil 1. Interest Rates and Other Concerns 2. Commissions and Scandals 3. New Economic Policy and New York City 4. Derivatives Expand 5. Interest Rates Again Part 2: Markets Merge 1. Derivatives Continue Their Growth 2. Hostages, Repos and Other Matters 3. Mergers and Insider Trading 4. Banking Woes 5. REITs and Asset-Backed Debt Part 3: Finance Falters 1. The Stock Market Crash of 1987 2. The S&L Crisis and Banking Scandals 3. Stock Markets and Brokers 4. The Crisis in Derivatives Part 4: American Finance Rebounds 1. Markets and Broker-Dealers 2. Insurance Troubles 3. Banking Growth 4. The Market Boom 5. International Finance and Derivatives Part 5: The Century Closes 1. Internet Money and Trading 2. Banking Consolidation 3. Market Ups and Downs 4. Market Bubbles and Changes 5. Into the Millennium.