FOR IMMEDIATE RELEASE

MANHATTAN COLLEGE PROFESSOR CHARLES R. GEISST WRITES BOOK THAT EXAMINES DECADES OF CONFLICT BETWEEN FINANCIERS AND POLITICIANS

Bestselling author’s new book recounts the power plays and political pressures that have shaped the U.S. financial world.

RIVERDALE, N.Y. – Dr. Charles R. Geisst, professor of economics and finance at Manhattan College, is the author of Undue Influence: How the Wall Street Elite Put the Financial System at Risk. Released in November by John Wiley & Sons, Undue Influence is Dr. Geisst’s latest book to dissect the complex worlds of business and finance.

In Undue Influence, Dr. Geisst examines the individuals and events that have shaped the U.S. financial system – for better or for worse – over the last 85 years. Beginning with the rise of the Wall Street elite in the early twentieth century, financial historian and bestselling author Dr. Geisst takes readers on an unforgettable journey that mixes money, power and politics.  Geisst also discusses how laws such as the Glass-Steagall Act and the Securities Act of 1933 created a safety net to protect America’s financial system against undue influence by Wall Street and its constituents. Filled with in-depth insights and practical lessons, Undue Influence explains why, in the brave new world of financial services, the risks may be greater than ever before.

Publishers Weekly calls Undue Influence “engaging” and says, “Geisst provides a lucid guide to the financial issues involved and a colorful account of decades-long political debates and legislative wranglings, while raising troubling questions about the direction of public policy.”

Dr. Geisst, who has taught economics and finance at Manhattan College for nearly 20 years, is the author of 14 other books, including last year’s Deals of the Century: Wall Street, Mergers and The Making of Modern America, Wheels of Fortune: The History of Speculation from Scandal to Respectability and the bestsellers Wall Street: A History and 100 Years of Wall Street. Often requested by the media for his commentary and expertise on current financial issues, Dr. Geisst previously worked as a capital markets analyst and investment banker and has consulted for the Hudson Institute, JP Morgan Co. and S. G. Warburg Co. His trade and professional articles have appeared in numerous magazines and newspapers including the Wall Street Journal, the International Herald Tribune, Newsday and Euromoney.

Manhattan College was founded in 1853 upon the Lasallian heritage of excellence in teaching inspired by St. John Baptist de La Salle.  Manhattan College is an independent, Catholic, coeducational institution of higher learning offering more than 40 major programs of study in the areas of arts, business, education, engineering and science.  For more information about the College, visit www.manhattan.edu.

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