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About this product
- DescriptionThe events of 9/11 presented the financial industry with the greatest operational crisis in its history. Key officials were killed; others could t be located. Primary and backup sites were unavailable or inadequate. Massive amounts of critical data were lost, and there was a crushing inability to communicate, locate or verify information. It was t kwn for a time which firms could participate in the markets and to what degree, r was it clear to what extent certain markets had been damaged and when they should reopen. Nor could the human impact of the 9/11 events be divorced from the business issues. Those grappling to restore the markets had to cope with their own feelings of anxiety, shock and loss, and to deal with a uniquely horrific blend of personal and professional difficulties. This book tells of the regeneration of the U.S. markets, day by day, immediately following 9/11, with a focus on the U.S. Government securities market. The bottom line is that 9/11 brought the most important financial market in the world - the one looked to by investors globally for safety in times of trouble - to the brink of paralysis. The crisis was ultimately resolved through the willpower and wisdom of groups of disparate individuals, accompanied by an unprecedented climate of cooperation among fierce competitors that embodied the American spirit at its finest.
- Author BiographyJeff Ingber is a native New Yorker and a graduate of Queens College and NYU Law School. He has worked in the financial industry for over three decades, including holding senior positions with Citigroup and The Depository Trust & Clearing Corporation. Jeff currently is a Senior Vice President with The Federal Reserve Bank of New York.
- Author(s)Jeff Ingber
- PublisherJeffrey Ingber
- Date of Publication22/05/2012
- FormatPaperback / softback
- SubjectManagement & Business: General
- Country of PublicationUnited States
- ImprintJeffrey Ingber
- Content Noteblack & white illustrations
- Weight449 g
- Width152 mm
- Height229 mm
- Spine18 mm
- Format DetailsTrade paperback (US),Unsewn / adhesive bound
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