000			01927nam a2200265 a 4500
001			59898
005			20260219124033.0
020			_a9780300119718
040			_aAIS _dAIS
100			_aJohn C. Bogle
245			_aThe Battle for the Soul of Capitalism
082			_a330.12'2
260			_aUSA _bYale University Press _c2005
520			_aThere is no one better qualified to tell us about the failures of the American financial system and the grotesque abuses that have taken place in recent years than John Bogle, who as founder and former chief executive of the Vanguard mutual funds group has seen firsthand the innermost workings of the financial industry. A zealous advocate for the small investor for more than fifty years, Bogle has championed the restoration of integrity in industry practices. As an astute observer and commentator, he knows that a trustworthy business and financial complex is essential to America's continuing leadership in the world and to social and economic progress at home. This book tells not just a story about what went wrong but, more important, the story of why we lost our way and of how we can right our course. Bogle argues for a return to a governance structure in which owners' capital that has been put at risk is used in their interests rather than in the interests of corporate and financial managers. Given that ownership is now consolidated in the hands of relatively few large mutual and pension funds, the specific reforms Bogle details in this book are essential as well as practical. Every investor, analyst, Wall-Streeter, policy maker, and businessperson should read this deeply informed book.
655			_aBusiness
655			_aEconomics
655			_aFinance
655			_aNonfiction
655			_aPolitics
655			_aCorporations
655			_aMutual funds
655			_aCapitalism
655			_aInvestments
650			_aGlobal Citizenship (BIN1064-N)
999			_c59898 _d59898