{"product_id":"stewardship-lessons-learned-from-the-lost-culture-of-wall-street-hardback-9781118190197","title":"Stewardship; Lessons Learned from the Lost Culture of Wall Street (Hardback) 9781118190197","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eStewardship\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eLessons Learned from the Lost Culture of Wall Street\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eJohn G. Taft (Author), John C. Bogle (Foreword by), Charles D. Ellis (Afterword by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781118190197, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 23 March 2012\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e240 pages\u003cbr\u003e23.6 x 16 x 2.3 cm, 0.426 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eA compelling argument for why stewardship of wealth and service to others should be our highest financial priority\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eStewardship\u003c\/i\u003e is the journey of financial insider John Taft towards understanding and affirming the importance of stewardship—which he has come to define as \"serving others\"—as a core principle for the financial services industry, the global financial system, and society at large.\u003c\/p\u003e \u003cp\u003eBy defining the attributes of authentic stewardship, this book presents a path forward by analyzing the success of Canadian banks in weathering the financial crisis; evaluates the effectiveness of global financial reform efforts in making the financial system safer, sounder, and more secure; offers wealth management prescriptions for individual investors; evaluates the potential of ESG (environmental, social, and governance) investment processes as a way to instill stewardship behaviors among corporate CEOs (particularly at financial services firms); and, ultimately, calls for a return to stewardship's core principles as the key to not only minimizing the scope and consequences of future failures, but also to addressing other societal challenges.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eArgues for a return towards stewardship, with financial services companies doing right by their customers\u003c\/li\u003e \u003cli\u003eAnalyzes the response of Canadian banks to the financial crisis to provide meaningful advice for investors and businesses alike\u003c\/li\u003e \u003cli\u003eInspired by Taft's experience running one of the largest wealth management firms in the country during the financial crisis and his direct participation in subsequent legislative and regulatory efforts to rewrite the rules under which the U.S. securities industry operates\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFrom the man who made the decision to reimburse clients affected by the collapse of a money market mutual fund comes a compelling look at why financial service companies should start doing what's right for their customers.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eForeword xi\u003c\/p\u003e \u003cp\u003eIntroduction xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Core Principles: The Ground Beneath Our Feet 1\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—Learning from Failure: Acquainted with Grief 7\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Finance Run Amok: Selfishness Trumps Stewardship 9\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—Occupying Wall Street: Too Rich and Too Poor 19\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Stewardship Defined: Feeding Your Flock First 23\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—Greed, Glorious Greed 32\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 World’s Safest Banking System: Canada, the New Switzerland 35\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—Americans Are from Mars, Canadians Are from Venus 47\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Making the System Stronger: In Defense of Dodd-Frank and Basel III 51\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—Too Small to Save? 74\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Making the Investor Safer: In Defense of New Fiduciary Rules 77\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—An Obligation of Honor 84\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 To Investors Standing on the Wings: Prepare for the Next Crisis 87\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—Predatory Volatility 109\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Environmental, Social, and Governance Investing: Could It Be the Answer? 113\u003cbr\u003e\u003c\/b\u003e\u003ci\u003eInterlude—It’s a Long Life: The Trouble with Short-Termism 129\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Communities, Caring, and Commitment: Reconnecting with Our Stewardship Responsibilities 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAfterword 145\u003c\/p\u003e \u003cp\u003eAppendix A Balanced Financial Regulation 147\u003c\/p\u003e \u003cp\u003eAppendix B Basel III Regulatory Accord 151\u003c\/p\u003e \u003cp\u003eAppendix C Creating a Clear Path Forward 161\u003c\/p\u003e \u003cp\u003eNotes 165\u003c\/p\u003e \u003cp\u003eGlossary of Selected Financial and Regulatory Reform Terminology 179\u003c\/p\u003e \u003cp\u003eAuthor’s Guide to Supplemental Readings 191\u003c\/p\u003e \u003cp\u003eAdditional Sources 197\u003c\/p\u003e \u003cp\u003eAcknowledgments 203\u003c\/p\u003e \u003cp\u003eAbout the Author 205\u003c\/p\u003e \u003cp\u003eIndex 207\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Business \u0026amp; management [\u003ca title=\"See our other books on Business \u0026amp; management\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Business%20\u0026amp;%20management%20%5BKJ%5D%22\"\u003eKJ\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52511738233112,"sku":"9781118190197","price":17.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781118190197_261255.jpg?v=1786609272","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/stewardship-lessons-learned-from-the-lost-culture-of-wall-street-hardback-9781118190197","provider":"Freshly Printed Books","version":"1.0","type":"link"}