Unseen Wall Street of 1969-1975 : And Its Signficance for Today.

Intro -- Contents -- Preface -- Acknowledgments -- Some of the People of Historical Importance Who Appear in this Book -- How Members of The New York Stock Exchange Gained the Right to Sell Shares in Their Firms to the General Public Despite the Opposition of a Majority of the Members -- How the Central Certificate System Was Introduced and Other Early Bumbling with Computers -- The Hair-Raising Way Brokerage Accounts Came to Be Insured -- The Desirability of Permanent Capital -- Negotiating a Merger -- Obstacles to the Merger -- How and Why Ross Perot Saved The New York Stock Exchange from Possible Collapse -- How The New York Stock Exchange Came Closer- Much, Much Closer- to Collapse the Second Time -- How a Giant Investment Firm Very Nearly Went Bankrupt in 1971, Potentially Causing Investors to Lose Millions of Dollars Despite the Existence of the Securities Investors Protection Corporation -- The Importance of Management Style -- The Reality of U.S. Government Employment -- How the U.S. Government Has Tried to Prevent Insider Trading- And Why It Has Failed -- The Twists and Turns toward the Reorganization of The New York Stock Exchange -- How NYSE Commissions, Traditionally Fixed and High, Became Competitive and Low, Despite the Opposition of Most Members of The New York Stock Exchange -- An Unintended Consequence of the Imposition of Competitive Commission -- Rates: A Boom in Soft Dollars -- How a Defiant Stockbroker Virtually Single- Handedly Enabled All Members of The New York Stock Exchange to Sell Annuities -- The Biggest Stock Fraud in the District Attorney's Memory -- A Cliff-Hanging Merger Meeting -- Deja Vu -- How and Why Discrimination Based on Class and Religion Declined on Wall Street -- The Different Reasons for the Decline in Racial and Gender Discrimination on Wall Street -- Significance.

Aftermath: The Perils of Partnerships -- Appendix -- Notes -- Selected Bibliography -- Index.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.