[Read and download] Liquidated: An Ethnography of Wall Street (a John Hope Franklin Center Book)






 | #320191 in eBooks |  2009-06-22 |  2009-06-22 | File Name: B00EHNU5R4


||0 of 0 people found the following review helpful.| Good But Limited|By not me|Karen Ho is an anthropologist who worked briefly for an investment bank on Wall Street in the 1990s. Her work was cut short by a downsizing, but she later returned to Wall Street to do field research for a PhD. Her topic: the culture of investment banking. Much of her research was based on interviews with relatively junior analysts and associate|From Publishers Weekly|The timely question, What caused the current global financial crisis? provokes answers usually aimed at the level of institutions and the more abstract market logic. Ho's refreshing ethnography of the daily lives of Wall Street investment

Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of W...


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