Carnival on Wall Street: Global Financial Markets in the 1990s - Softcover

With high-flying acrobats like Cisco and Lucent, IPO sideshows such as China.com, and tantalizing tales of rags to riches, Wall Street in the 1990s was a massive global carnival affecting billions of people throughout the world.

Now you have the opportunity to examine the roots of the blind faith in free markets, globalization, technology, and financial models that both fueled and ultimately doomed global financial markets in the 1990s. Authors Jane Hughes and Scott MacDonald guide you through the factors—financial, economic, and political—at work in the Wall Street stock market bubble. Both entertaining and easy-to-read, CARNIVAL ON WALL STREET takes an applied approach that brings this fascinating decade to life through intriguing anecdotes about real people and real events.

Along the way, you’ll gain fascinating insights into such questions as:

• Why did the tech bubble burst?
• Did the bull market of the ‘90s resemble familiar historical patterns?
• Why did the U.S. economy boom during the ‘90s, wile Germany and France only experienced moderate growth?
• How can markets and their institutions regain the trust that was lost in corporate scandals?
• How is the backlash against globalization affecting the conduct of capital markets?