March 21, 2008 in Economy

Financial Jargon Buster

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With the financial markets in turmoil, business news is on the front pages, not just in the business section of newspapers. Furthermore, financial terms are being bandied around and it can be a bit difficult at times to follow the story without fully understanding the products and services provided by all these market makers (ie. commercial banks, investment banks, hedge funds, etc.).
Thus, for those of you in London, a good book to read is, All you need to know about the city: Who does what and why in London’s financial markets by Christopher Stoakes. I wouldn’t say that it is riveting, but it is written in plain conversational English and helps to demystify the city so that even novices like myself can start to understand what the heck is going on and just how everything connects.

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