Explore the essential exploration of ethics in finance with 'Something for Nothing' by Maureen O'Hara. This compelling book delves into the complex world of modern financial practices, particularly focusing on the notorious role of arbitrage. Published by W W Norton & Company in 2016, this brand new title (ISBN: 9780393285512) is essential for anyone seeking to understand the moral dilemmas that underpin our financial systems. O'Hara's insightful analysis covers significant events, such as the Lehman Brothers' collapse, raising crucial questions about legality versus morality. Gain a better grasp of how financial contracts manipulate appearances, as highlighted by the 2001 incident involving Goldman Sachs and the Greek government. The discourse on ethical finance is more relevant than ever, making 'Something for Nothing' a critical read for finance professionals, students, and anyone interested in the ethics of money. Free shipping is included with your order, and while we aim to deliver your book within 6 weeks, please remember that once your order is placed, cancellation is not possible.

Note: Shipping for this item is free. Please allow up to 6 weeks for delivery. Once your order is placed, it cannot be cancelled.

Condition: BRAND NEW
ISBN: 9780393285512
Year: 2016
Publisher: W W Norton & Company


Description:


In 2001, Goldman Sachs structured a financial contract to allow the Greek government to appear to have less debt than it actually did. Years later, when the Eurozone crisis erupted, Goldman's actions were seen to be technically legal but the inevitable question of whether they were ethically wrong arose. In Something for Nothing, Maureen O'Hara examines the murky moral universe of modern finance and its foundational technique: arbitrage. Examining key cases, including the Lehman Brothers' collapse, O'Hara reveals the ways arbitrage can transgress ethical lines.


In its assessment of the mechanics of markets today and its call for more transparent and sound financial practices, Something for Nothing powerfully engages with the moral decision-making inherent in the financial system.