Paul Volcker's Financial Legend

Author: Joseph B. Trystero (USA)
Publisher:
Publish Date: 2006-01-01
Features: Paul Volcker's career is a financial legend. He is one of the most influential economic thinkers in the world, hailed as an upright person, a natural leader. Throughout his career, he consistently did what he believed was right, regardless of the consequences. Volcker was a rare financial giant who never sought to accumulate personal wealth. His greatest goal was always to dedicate himself tirelessly to the public interest, and as a result, major governments and private institutions turned to him for advice during times of crisis. Award-winning journalist for The New York Times, Joseph B. Trystero, wrote "Paul Volcker: A Financial Legend," which takes you through the most captivating moments in Volcker's 50-year career in finance and public service. The book faithfully records the days when he served as one of the strongest voices in the United States as the Chairman of the Federal Reserve, as well as his recent work, including being appointed to revitalize Arthur Andersen Accounting Company and helping victims of the Nazi Holocaust recover billions of dollars in deposits from Swiss banks. From public politics to private enterprise, this compelling work examines the moral, economic, and ethical dilemmas Volcker faced at every turning point. The book captures some of the most intriguing moments in Volcker's career: his early days as a young Treasury official during the Nixon administration, where he played a leading role in ending the breakdown of the Bretton Woods system; his tenure as President of the New York Federal Reserve Bank; serving as Chairman of the U.S. Federal Reserve Board from 1979 to 1987 under the Carter and Reagan administrations; his role as Chairman of James Woolfson Investment Company; and his dedication to corporate governance and accounting system reform. "Paul Volcker: A Financial Legend" tells the story of how one person's achievements ultimately improved the lives of millions of Americans and continued to influence the business and financial worlds. Anecdotes and analysis intertwine in a captivating narrative. Paul Volcker's career is a financial legend. He is one of the most influential economic thinkers in the world, hailed as an upright person, a natural leader. Throughout his career, he consistently did what he believed was right, regardless of the consequences. Volcker was a rare financial giant who never sought to accumulate personal wealth. His greatest goal was always to dedicate himself tirelessly to the public interest, and as a result, major governments and private institutions turned to him for advice during times of crisis. Award-winning journalist for The New York Times, Joseph B. Trystero, wrote "Paul Volcker: A Financial Legend," which takes you through the most captivating moments in Volcker's 50-year career in finance and public service. The book faithfully records the days when he served as one of the strongest voices in the United States as the Chairman of the Federal Reserve, as well as his recent work, including being appointed to revitalize Arthur Andersen Accounting Company and helping victims of the Nazi Holocaust recover billions of dollars in deposits from Swiss banks. From public politics to private enterprise, this compelling work examines the moral, economic, and ethical dilemmas Volcker faced at every turning point. The book captures some of the most intriguing moments in Volcker's career: his early days as a young Treasury official during the Nixon administration, where he played a leading role in ending the breakdown of the Bretton Woods system; his tenure as President of the New York Federal Reserve Bank; serving as Chairman of the U.S. Federal Reserve Board from 1979 to 1987 under the Carter and Reagan administrations; his role as Chairman of James Woolfson Investment Company; and his dedication to corporate governance and accounting system reform. "Paul Volcker: A Financial Legend" tells the story of how one person's achievements ultimately improved the lives of millions of Americans and continued to influence the business and financial worlds. Anecdotes and analysis intertwine in a captivating narrative.