Lombard Street
Subtitle: a description of the money market
By: Walter Bagehot
Series: Wiley investment classics
Publisher: John Wiley; J. Wiley
Published: 1999
Place of publication: New York
Language: eng
Number of pages: 359
Subjects: Banks and banking -- England -- London.; Banks and banking -- Great Britain.; Finance -- England -- London.; Finance -- Great Britain.
Description: "The English precursor to Wall Street, London's Lombard Street is the original district of finance and the birthplace of the money market. Fast-paced and highly-charged, it is a hotbed of financial activity whose impact is felt not just nationally, but globally." "The chef d'oeuvre of Walter Bagehot, Lombard Street began as a series of articles the esteemed essayist and financial advisor had written for the Economist during the 1850s. First published in book form in 1873, it is a vivid description of the money market that seamlessly brings together theoretical analyses, historical anecdotes, and incisive commentary on sociology, politics, and the Street's various personalities." "Perhaps most importantly, Lombard Street features Bagehot's prescription for crisis management, which after nearly 150 years, remains the formula of choice for containing - and curtailing - financial crises."--Jacket.
Notes: Originally published: New York : Scribner, Armstrong, 1873. With new foreword.