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In 2013, the average daily trading value was approximately 169 billion dollars at the New York Stock Exchange. Wall Street is very powerful, and very big business. Unfair, illegal, and dangerous practices can cripple entire economic systems, which is why several intelligent people call for a reform of Wall Street. This collection of essays peels back the layers of this complicated entity, debating several topics so that readers can evaluate more than one viewpoint. Readers will examine the causes of the global financial crisis of 2008-2009, and evaluate whether Wall Street needs financial reform. They will also examine whether financial reform legislation would be effective in the future.
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In 2013, the average daily trading value was approximately 169 billion dollars at the New York Stock Exchange. Wall Street is very powerful, and very big business. Unfair, illegal, and dangerous practices can cripple entire economic systems, which is why several intelligent people call for a reform of Wall Street. This collection of essays peels back the layers of this complicated entity, debating several topics so that readers can evaluate more than one viewpoint. Readers will examine the causes of the global financial crisis of 2008-2009, and evaluate whether Wall Street needs financial reform. They will also examine whether financial reform legislation would be effective in the future.