Banking Basics
by Michelle ~ October 13th, 2008
One of the upsides of the financial crisis (if there are in fact any good points) is that it’s providing a good opportunity for people to learn about economic concepts like interbank loans and credit default swaps.
Need some data? Head on over to amazon.com. The first economic-related book to come up in the bestsellers list is The Snowball: Warren Buffett and the Business of Life at #8. You don’t have to scroll down far to see the next: The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means by George Soros at #12. Thomas Friedman’s new book, Hot, Flat, and Crowded: Why We Need a Green Revolution–and How It Can Renew America is right below at #13. Still within the top 20, The Little Book of Bull Moves in Bear Markets: How to Keep Your Portfolio Up When the Market is Down (Little Books. Big Profits) comes in at #19.
If you’re an audio learner instead of a visual learner, then I’d suggest Marketplace from American Public Media. Here’s the link to Marketplace’s complete coverage of the financial crisis.
Other links:
- Wikipedia: Financial Markets
- Wikipedia: Bond Market
- Wikipedia: Stock Market
- Wikipedia: Foreign Exchange Market
- Wikipedia: Derivatives Market
- Wikipedia: Commodity Market
- Wikipedia: Spot Market
March 12th, 2010 at 6:44 am
Man I love the stock market, I’ve been becoming quite obsessed lately.