Fools Gold

From award-winning Financial Times journalist Gillian Tett, who enraged Wall Street leaders with her news-breaking warnings of a crisis more than a year ahead of the curve, Fool’s Gold tells the astonishing unknown story at the heart of the 2008 meltdown. Drawing on exclusive access to J.P. Morgan CEO Jamie Dimon and a tightly bonded team of bankers known on Wall Street as the “Morgan Mafia,” as well as in-depth interviews with dozens of other key players, including Treasury Secretary Timothy Geithner, Tett brings to life in gripping detail how the Morgan team’s bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly out of control. The deeply reported and lively narrative takes readers behind the scenes, to the inner sanctums of elite finance and to the secretive reaches of what came to be known as the “shadow banking” world. The story begins with the intense Morgan brainstorming session in 1994 beside a pool in Boca Raton, where the team cooked up a dazzling new idea for the exotic financial product known as credit derivatives. That idea would rip around the banking world, catapult Morgan to the top of the turbocharged derivatives trade, and fuel an extraordinary banking boom that seemed to have unleashed banks from ages-old constraints of risk. But when the Morgan team’s derivatives dream collided with the housing boom, and was perverted—through hubris, delusion, and sheer greed—by titans of banking that included Citigroup, UBS, Deutsche Bank, and the thundering herd at Merrill Lynch—even as J.P. Morgan itself stayed well away from the risky concoctions others were peddling—catastrophe followed. Tett’s access to Dimon and the J.P. Morgan leaders who so skillfully steered their bank away from the wild excesses of others sheds invaluable light not only on the untold story of how they engineered their bank’s escape from carnage but also on how possible it was for the larger banking world, regulators, and rating agencies to have spotted, and heeded, the terrible risks of a meltdown. A tale of blistering brilliance and willfully blind ambition, Fool’s Gold is both a rare journey deep inside the arcane and wildly competitive world of high finance and a vital contribution to understanding how the worst economic crisis since the Great Depression was perpetrated.

Fool's Gold: The Life and Legacy of Vancouver's Official Town Fool is the second release in Jesse Donaldson's 49.2: Tales from the Off Beat, an ongoing series dedicated to celebrating the eccentric and unusual aspects of Vancouver.In Fool's Gold, Donaldson explores the legacy of Joachim Foikis. On April 1, 1968, a tall, bespectacled, 35-year-old former social worker named Joachim Foikis received $3,500 from the Canada Council for the Arts in order to finance a unique, self-imposed mission unseen since Elizabethan England: reinvent the vanished tradition of "Town Fool."The 35-year-old Foikis, who held two university degrees (one in economics from the University of Berlin, and the other in literature from the University of British Columbia), was already well known throughout the city for his off-kilter antics. His aim, according to interviews with The Sun and The Province, was "to spread joy and confusion" while at the same time "mock the four pillars of society: money, status, respectability, and conformity."Praise for Donaldson's previous book, This Day in Vancouver: "Donaldson combed through archives all around the city and consulted with experts of all stripes to put together the book. The result is a fascinating read - it's everything you never knew about Vancouver and didn't think to ask. Once you flip through this book, you'll never look at the city the same way again." (The Province)

"Eureka!" In an age of open-mindedness, many believers accept too much with too little discernment, resulting in great confusion and compromise. But God's Word makes it clear that not everything that glitters is gold. False teaching is at every turn, and the temptation to embrace it is great. As God's people we are called to sift through the overwhelming number of traditions and trends and use the truth of Scripture to determine which are the true treasures-and which are "fool's gold." General editor John MacArthur and the contributors of this uncompromising book define the principles of biblical discernment and use them to address several contemporary Christian issues. They provide straightforward, biblical critiques of some popular but unfortunate Christian trends, such as watered-down preaching and doctrinally questionable best-selling books. Dr. MacArthur ends with a practical plan for cultivating discernment in the Christian life. It is the duty of every Christian-not just pastors and elders-to follow the biblical command to cling to what is good and to reject what is not. This book will equip you with a foundation for biblical discernment that will enable you to make careful distinctions in your thinking about truth.

Guardians of the Galaxy meets The Hobbit in this rollicking fantasy adventure. It's not easy to live in a world ruled by dragons. The taxes are high and their control is complete. But for one group of bold misfits, it's time to band together and steal back some of that wealth. No one said they were smart.

Get cozy with this heartwarming holiday story! #1 New York Times bestselling author Susan Mallery welcomes you back to Fool’s Gold, California for a classic heartwarming tale for the holidays! The cheer in Fool's Gold, California, is bringing out the humbug in dancer Evie Stryker. An injury has forced her to return home to her estranged family. So she won't add to the awkward scenario by falling for the charms of her brother's best friend, no matter how tempting he is. When she's recruited to stage the winter festival, she vows to do as promised, then move on, anywhere but here. Jaded lawyer Dante Jefferson is getting used to the town he now calls home, but the pounding of little dancers' feet above his office is more than he can take. When he confronts their gorgeous teacher, he's unprepared for their searing attraction. Evie is his best friend's sister—off-limits unless he's willing to risk his heart. Dante has always believed that love is dangerous, but that was before he had to reckon with the magic of a certain small town, where miracles do seem to happen…. Previously published. Read more in the Fool’s Gold series: Book 1: Chasing Perfect Book 2: Almost Perfect Book 3: Finding Perfect Book 4: Only Mine Book 5: Only Yours Book 6: Only His Book 7: Summer Days Book 8: Summer Nights Book 9: All Summer Long Book 10: A Fool’s Gold Christmas And even more books available in the Fool’s Gold series!

When she lands her dream job only to discover that her new boss is the man who broke her heart, Nevada Hendrix, despite the attraction that still lingers between them, refuses to mix business with pleasure.

The stereotype of the "angel investor" is a retired wealthy entrepreneur who sees potential, asks tough questions, takes a large stake, and in a few years makes a massive return in an IPO. This outsider fills the gap between the venture capitalist and the professional investor, swooping in with cash and expertise to bring dreams to fruition. Unfortunately, Shane observes, this figure bears no relationship to reality. In Fool's Gold, he draws on hard data from the Federal Reserve and other sources to paint the first reliable group portrait of the lionized angel investors. Surprisingly, he finds that they are fewer, contribute less, and involve themselves in fewer start-ups than the conventional wisdom suggests. Most angels typically still have their day jobs, make investments of $10,000 or less, and take little or no role in assisting entrepreneurs build their companies. Few of the companies they put money into arrive at IPOs, let alone massive returns. But angels can play a critical role, he writes, if the fantasy is abandoned by all concerned. Drawing on his rich store of data, Shane offers recommendations to entrepreneurs and angels alike for the most productive use of angel investing, and suggests how policymakers can encourage it. Particularly promising are angel groups, which pool knowledge and money for wiser and more productive investments. In groups, angels can rely on each other's expertise, share the labor of performing due diligence, and generally insure that their money is being placed--and used--wisely. Fostering the formation of such groups may be the single most important thing that government can do to boost angel investing. Massively researched and briskly written, Fools' Gold offers the first real resource on this misunderstood aspect of our entrepreneurial system.

All that glitters may well be gold in the third book in the Order of Darkness series from #1 New York Times bestselling author Philippa Gregory. Tasked to expose a coin counterfeiting scheme, Luca and Isolde travel to Venice just in time for Carnival. Amid the masks, parties, and excitement, the romantic attraction between the two reaches a new intensity that neither can deny. Their romance is interrupted by the arrival of the alchemist, who may be the con artist they’ve been looking for. But as Luca starts to investigate the original charge, the alchemist reveals his true goal—he plans to create the Philosopher’s Stone, a mystical substance said to be capable of turning base metals into gold and producing the elixir of life. With pounds of undocumented gold coins and an assistant who claims to be decades older than she appears, all evidence points to the possibility that the alchemist has succeeded in his task. But as Luca and Isolde get closer to the truth, they discover that reality may be more sinister than they ever could have imagined.