HIGH FINANCE

Otto H. Kahn

Print List Price: NRS 250.00

KaKha Price: Free (100% Discount)

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A Brief Description

Publication Date: 2015-08-18

File Size: 278 KB

Print Length: 22 pages

Publisher: Muncha Media

Language: English

Full Description

The term "high finance" derives its origin from the French "haute finance," which in France as elsewhere in Europe designates the most eminently respectable, the most unqualifiedly trustworthy amongst financial houses. 

Why has that term, in becoming acclimated in this country, gradually come to suggest a rather different meaning?

Why does there exist in the United States, alone amongst the great nations, a widespread attitude of suspicion, indeed in many quarters, of virtual hostility, toward the financial community and especially toward the financial activities which focus in New York, the country's financial capital? 

There are a number of causes and for some of them finance cannot be absolved from responsibility. But the primary underlying and continuing cause is lack of clear appreciation of what finance means and stands for and is needed for. And from this there has sprung a veritable host of misconceptions, prejudices, superstitions and catch-phrases.

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