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Unlike some other reproductions of classic texts (1) We have not
used OCR(Optical Character Recognition), as this leads to bad
quality books with introduced typos. (2) In books where there are
images such as portraits, maps, sketches etc We have endeavoured to
keep the quality of these images, so they represent accurately the
original artefact. Although occasionally there may be certain
imperfections with these old texts, we feel they deserve to be made
available for future generations to enjoy.
Originally developed for an undergraduate course taught by the
author at New York U., this text discusses the theory and practice
of investment banking. Coverage includes such topics as the market
making functions of investment banking, regulatory changes in the
new-issues process, and the institutionalization of security
markets. The volume conclu
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