Author: Michael Szenberg
- Trading books are a form of accounting ledger that contains records of all tradeable financial assets of a bank.
- Trading books are subject to gains and losses that affect the financial institution directly.
- Losses in a bank’s trading book can have a cascading effect on the global economy, such as those that occurred during the 2008 financial crisis.
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Samuelsonian Economics and the Twenty-First Century
Edited by Michael Szenberg, Lall Ramrattan, andAron A. Gottesman
- Illuminates and critically assesses Paul A. Samuelson’s voluminous and groundbreaking contributions to the field of economics
- Includes contributions from leading eminent scholars
- Accessible to a wide readership, as it provides technical and non-technical narrative
Michael Szenberg (born 1934) is a professor emeritus and past Chairman of the Finance and Economics department at Pace University’s Lubin School of Business.He was the editor of The American Economist
In addition, he has been interviewed by BBC-TV, Time Magazine, Newsweek, The New York Times, The Wall Street Journal, Xinhua News Agency (China), Gazeta USA, TV Tokyo, and many other journalistic outlets regarding international economic matters. He is the author of many scholarly articles and encyclopedia entries such as in the International Encyclopedia of Social Sciences, and the Encyclopedia of Quantitative Finance.
Szenberg has resided on three different continents. He graduated from Long Island University (Summa Cum Laude) in 1963 and received his PhD in Economics from the City University of New York in 1970. Michael Szenberg also graduated from the US Air Force Aeronautics School where he was the Captain of the school’s cadets.
He served as the Editor-in-Chief of The American Economist, 1972 – 2011.
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