Annual stress tests have become a regular part of the supervisors’ toolkit following the global financial crisis. We investigate their capital market implications in the United States by looking at price and trade reactions, information asymmetry and uncertainty indicators, and bank activities. The evidence we present supports the notion that there is important new information in stress tests, especially at times of financial distress. Moreover, public disclosure seems to help reduce informational asymmetries. Importantly, public disclosure of stress test results (and methodology) does not seem to have reduced private incentives to generate information or to have led to distorted incentives.

Wall Street today is focused laser-like on producing fast, huge profits principally for the benefit of financial firms top executives. The Money, the Mob and Wall Street is the story of Wade Simon, a standout basketball player from UNLV, who, after graduating from college, goes to work on Wall Street and eventually becomes the CEO of a Wall Street brokerage firm. There he is introduced to the world of fast-talking scam artists and white-collar criminals. The story takes you into the canyons of lower Manhattan and the backroom financial chop shops, where you will meet members of organized crime and their associates. You will see firsthand how the mob owns or controls brokerage firms on Wall Street through front men. You will meet Angelo Santinoan old-world Mafia don, who, after retiring from a life of street crime, became attracted to the easy money of Wall Streetand his partner, Albert Klinea Wall Street executive whose only goal in life was to make money, without regard for the people he had to cheat to accomplish that. The author has taken a serious subject and added his own sense of humor. The Money, the Mob and Wall Street allows you to see the dark side of the financial industry while taking you on a sometimes funny but adrenaline-filled ride through a neighborhood few of us ever get to see: Wall Street.

A Businessweek Bestseller "You fail to read F.I.A.S.C.O. at your peril." —Los Angeles Times F.I.A.S.C.O. is the best-selling account of Frank Partnoy's education in the jungle of high finance from 1993 to 1995. It follows the young Morgan Stanley salesman as he learns to navigate a marketplace where billions of dollars are made and lost in the creation and trading of derivatives, a type of security that almost nobody fully understands. Seen in relief against the financial meltdown of 2008, F.I.A.S.C.O. appears ever more prescient, and in a new epilogue written for this edition, Partnoy connects his story to the central role derivatives played in that crisis.

Every March, millions of Americans have their minds fixated on one thing: the NCAA men’s basketball tournament. From bracket pools in offices worldwide to students on campuses in all corners of the nation, “March Madness” takes the country by storm. From the “First Four” to the Final Four, collegiate heavyweights such as Duke and North Carolina, Kansas and Kentucky, Indiana and Michigan, Texas and UCLA mix it up with Cinderella underdogs such as VCU, George Mason, and Penn, reminding the world that anything is possible. The magic of the tournament and the purity of the amateur game keep fans coming back year after year. From the birth of the tournament in 1939 to the most recent on-court drama, The Ultimate Book of March Madness explores the stories—both the legendary and the forgotten—behind each year’s tournament, and author Tom Hager selects the 100 greatest games from tournament history. With insight from dozens of players and coaches, this book reveals the tension, strategy, and even the behind-the-scenes humor of the tournament’s history. Featuring a unique blend of storytelling, quotes, vintage photographs, and game descriptions, The Ultimate Book of March Madness provides the average hoops fan with a deeper understanding of the history of the Final Four, while providing true fanatics with memorable and amazing stories they’ve never heard before.

In this newly revised book, Harold L. Vogel examines the business economics of the major entertainment enterprises: movies, music, television programming, broadcasting, cable, casino gambling and wagering, publishing, performing arts, sports, theme parks, and toys and games. The seventh edition has been further revised and broadened and differs from its predecessors by restructuring and repositioning the previous Internet chapter, including new material on the economics of networks and advertising, adding a new section on policy implications, and further expanding the section on recent theoretical work pertaining to box-office behaviour. The result is a comprehensive up-to-date reference guide on the economics, financing, production, and marketing of entertainment in the United States and overseas. Investors, business executives, accountants, lawyers, arts administrators, and general readers will find that the book offers an invaluable guide to how entertainment industries operate.

All manners of gambling are becoming increasingly popular in our society. Whether a person places a bet on sports or gambles on a stock, he is making a decision on risk. Most people need much more information than they have to make good decisions on either. A majority of the book focuses on sports betting. Four in-depth winning models are demonstrated for MLB, NFL, NCAA Football and WNBA. In addition to methods for handicapping these sports, there are explanations of a variety of approaches to exploit sports market inefficiencies and incorrect assumptions of bookmakers. The approaches to stock betting challenges commonly accepted knowledge. How important is diversification? Are investors in individual stocks just gambling? Is maximizing your portfolio growth worth taking on added volatility? Is sports betting a better investment than stocks for some people? The approaches offered to risk taking, especially sports betting are ground breaking, with more fresh ideas than ever seen in a single coherent publication.

"Principles and Practice of Sport Management provides students with the foundation they need to prepare for a variety of sport management careers. Intended for use in introductory sport management courses at the undergraduate level, the focus of this text is to provide an overview of the sport industry and cover basic fundamental knowledge and skill sets of the sport manager, as well as to provide information on sport industry segments for potential employment and career opportunities"--

Twenty-four million people wager nearly $3 billion on college basketball pools each year, but few are aware that winning strategies have been developed by researchers at Harvard, Yale, and other universities over the past two decades. Bad advice from media sources and even our own psychological inclinations are often a bigger obstacle to winning than our pool opponents. Profit opportunities are missed and most brackets submitted to pools don’t have a breakeven chance to win money before the tournament begins. Improving Your NCAA® Bracket with Statistics is both an easy-to-use tip sheet to improve your winning odds and an intellectual history of how statistical reasoning has been applied to the bracket pool using standard and innovative methods. It covers bracket improvement methods ranging from those that require only the information in the seeded bracket to sophisticated estimation techniques available via online simulations. Included are: Prominently displayed bracket improvement tips based on the published research A history of the origins of the bracket pool A history of bracket improvement methods and their results in play Historical sketches and background information on the mathematical and statistical methods that have been used in bracket analysis A source list of good bracket pool advice available each year that seeks to be comprehensive Warnings about common bad advice that will hurt your chances Tom Adams’ work presenting bracket improvement methods has been featured in the New York Times, Sports Illustrated, and SmartMoney magazine.

The summers' blockbuster thriller! An investigative reporter unwittingly overhears a conversation between two men in a parking garage late at night in Washington, D.C. His subsequent life-threatening investigation propels him down a dark and twisted path leading to the Alliance, a rogue, extremely powerful and highly secretive organization that has been plotting for four decades to overthrow the Democratic Party. Forty years later they may have succeeded by orchestrating the strange whirlwind rise and eventual election of what everyone believes is the most liberal Democratic President in the history of the Country, Barack Obama, or is he? With the fate of the most powerful nation on Earth hanging in the balance and its two huge political machines set to win or lose everything can one man stay alive long enough to uncover the truth and get it out into the open? Time is running out as he races to save the Nation, its political system and its people from impending doom.