
This work tells the story of the Securities and Exchange Commission's battle for and against Wall Street during the 1980s. Based on a Pulitzer Prize-winning series in "The Washington Post", the book is built around the exploits of John Shad, a man who rose from humble beginnings in Utah to become a wealthy financier and chairman of the SEC during the deregulatory period of Reaganomics. Shad's freemarket policies fuelled the great bull market while planting some of the seeds for the 1987 stock market crash. This tale of how the SEC tried, and frequently failed, to protect ordinary investors from unscrupulous financiers embraces all the big business stories that made headlines during the 1980s.
This work investigates how the Securities and Exchange Commission navigated the tension between market deregulation and investor protection during the volatile financial climate of the 1980s. Authors David A. Vise and Steve Coll, both experienced journalists, utilize their Pulitzer Prize-winning reporting from The Washington Post to construct a detailed account of the era. The narrative centers on John Shad, the SEC chairman whose tenure reflected the broader ideological shifts of Reaganomics and the subsequent consequences for the American financial system.
What You Will Find
Scope Limits
Experts and readers frequently cite this work as a definitive journalistic account of the 1980s financial landscape. The prose is noted for its accessibility, making complex regulatory battles understandable for a general audience while maintaining high standards of investigative rigor.
Page Count:
384
Publication Date:
1992-01-01
Publisher:
Collier Books
ISBN-10:
0020081626
ISBN-13:
9780020081623
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