Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace (McGraw-Hill/Irwin Series in Finance, Insurance, and Real Est)

Peter S. Rose

1 Ok review and introduction
The book has a lot of detailed historical information about the financial systems. Unfortunatly the author pay too much attention to history and not enough on practical fundementals. There are several errors and steps deleted in the book. Plus not enough examples are provided in comparrison to the problems assigned. Even my professor stated that the 7th edition had plenty of problems that won't be resolved until the 12-13th edition.

Multinational Business Finance, 10th Edition

Q: Where's the Lone Ranger take his garbage?
A: To the dump, to the dump, to the dump dump dump!

Q: What's the Pink Panther say when he steps on an ant hill?
A: Dead ant, dead ant, dead ant dead ant dead ant...

A Severe Strain on the Credulity
As a method of sending a missile to the higher, and even to the
highest parts of the earth's atmospheric envelope, Professor Goddard's rocket
is a practicable and therefore promising device. It is when one considers the
multiple-charge rocket as a traveler to the moon that one begins to doubt...
for after the rocket quits our air and really starts on its journey, its
flight would be neither accelerated nor maintained by the explosion of the
charges it then might have left. Professor Goddard, with his "chair" in
Clark College and countenancing of the Smithsonian Institution, does not
know the relation of action to re-action, and of the need to have something
better than a vacuum against which to react... Of course he only seems to
lack the knowledge ladled out daily in high schools.
-- New York Times Editorial, 1920