Wall Street Comes to Main Street. Andy Serwer.
by Serwer, Andy; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2005Article 33Business. Publisher: Fortune, 2004ISSN: 1522-3191;.Subject(s): American Stock Exchange | Computers -- Investment use | Fortune 500 | Investments | New York Stock Exchange | Stockholders | Technological innovations | Wall StreetDDC classification: 050 Summary: "Over the 50 years since the FORTUNE 500 first appeared, Wall Street has changed dramatically in almost every way--from radical advances in technology to an explosion in the volume of trading to the proliferation of financial products. One thing that has stayed the same, though, is the cyclical nature of the business. Fluctuating between soaring, exuberant bull markets and bone-crushing, anguishing bears, cycles are the Street's overlay, governing all. And it's almost certainly true that neither technological breakthrough nor regulatory oversight will ever mitigate them." (FORTUNE) This article reflects on "how the investing world transformed itself from an elitist club to really big business--and changed the way FORTUNE 500 companies operate."Item type | Current location | Call number | Status | Date due |
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High School - old - to delete | REF SIRS 2005 Business Article 33 (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2005.
Originally Published: Wall Street Comes to Main Street, May 3, 2004; pp. 132+.
"Over the 50 years since the FORTUNE 500 first appeared, Wall Street has changed dramatically in almost every way--from radical advances in technology to an explosion in the volume of trading to the proliferation of financial products. One thing that has stayed the same, though, is the cyclical nature of the business. Fluctuating between soaring, exuberant bull markets and bone-crushing, anguishing bears, cycles are the Street's overlay, governing all. And it's almost certainly true that neither technological breakthrough nor regulatory oversight will ever mitigate them." (FORTUNE) This article reflects on "how the investing world transformed itself from an elitist club to really big business--and changed the way FORTUNE 500 companies operate."
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