Cover page of second edition
The City: Inside the Great Expectation Machine.
Book explaining what happens inside the City of London and its role in a world of global financial markets, institutional investment in stock markets and investment banking.
What This Book is All About
The City and the Stock Market
What's New About the Second Edition?
Fully updated and extended to take account of events in the last two years
What Others Have Said About It
Reviews of the first edition and endorsements of the second edition
Chapter headings and subheadings
About The Author
Tony Golding---biographical and contact details
How It Came to Be Written
What stimulated the writing of this book
How To Order
How to order "The City" over the Web
Useful Links
Useful websites for those interested in institutional investment and investment banking
"The internet bubble - why stock market booms happen". Talk given at Warwick University, February 2004.
The causes of the internet boom and the parallels in economic history.

The City: Inside the Great Expectation Machine.

Myth and Reality in Institutional Investment and the Stock Market

By Tony Golding

Second edition, published September 2002 (Financial Times Prentice Hall). List price 12.99.


The City of London is such a dominant and pervasive part of British life. Yet few understand fully what it does and how it exerts its influence on quoted companies, both large and small. "The City:Inside the Great Expectation Machine" demystifies the world of the major investment institutions, explaining how the fund managers controlling pension funds, insurance funds and unit trusts, who dominate stock market trading and ownership, make their decisions.

Based on over two decades of first-hand experience, "The City: Inside The Great Expectation Machine" offers everyone, whatever their knowledge base, genuinely fresh and original insights into the closed and closely connected worlds of institutional investment and investment banking.

What This Book Is All About---Page 1

What's New About The Second Edition?---Page 2

What Others Have Said About It---Page 3

Contents---Page 4

About The Author---Page 5

How It Came To Be Written---Page 6

How To Order---Page 7

Useful Links---Page 8

Internet bubble lecture at Warwick University---page 9


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