The second half of this book sets out several more sophisticated treatments of the response of a single metal surface to electromagnetic radiation. The relations between general forms of the response functions and additional boundary conditions are discussed for a variety of phenomenological models, the HD, the specular reflection model, the "dielectric approximation", the "semi-classical infinite barrier" model and several others. Also, microscopic surface response calculations based on a quantum mechanical model containing a surface potential for the electrons are presented and their relationships to the HD and the SCIB model are illustrated. Finally, we deal with two surface response functions d±(m) and dll(m), which contain the integrated effect of spatial dispersion and surface properties on measurable quantities such as reflection coefficient or surface plasmon dispersion. Their relation to measurements as well as to microscopic or phenomenological response calculations is discussed."--Pages v-vi
An entertaining summary of the broad reshaping of U.S. corporate finance in the last decade and a half. The late 1980s saw a huge wave of corporate leveraging. The U.S. financial landscape was dominated by a series of high-stakes leveraged buyouts as firms replaced their equity with new fixed debt obligations. Cash-financed acquisitions and defensive share repurchases also decapitalized corporations. This trend culminated in the sensational debt-financed bidding for RJR-Nabisco, the largest leveraged buyout of all time, before dramatically reversing itself in the early 1990s with a rapid return to equity.This entertaining summary of the broad reshaping of U.S. corporate finance in the last decade and a half looks at three major issues: why corporations leveraged up in the first place, why and how the leverage wave came to an end, and what policy lessons are to be drawn.Using the Minsky-Kindleberger model as a framework, the authors interpret the rise and fall of leveraging as a financial market mania. In the course of chronicling the return to equity in the 1990s, they address a number of important corporate finance questions: How important was the return to equity in relieving corporations' debt burdens? How did the return to equity affect the ability of young high-tech firms to finance themselves without selling out to foreign firms?
The rich have always been different from you and me, but this revealing and funny journey through “Richistan” entertainingly shows that they are more different than ever. Richistanis have 400-foot-yachts, 30,000-square-foot homes, house staffs of more than 100, and their own “arborists.” They’re also different from Old Money, and have torn down blue-blood institutions to build their own shining empire. Richistan is like the best travel writing, full of colorful and interesting stories providing insights into exotic locales. Robert Frank has been loitering on the docks of yacht marinas, pestering his way into charity balls, and schmoozing with real estate agents selling mega-houses to capture the story of the twenty-first century’s nouveau riche: House-training the rich. People with new wealth have to be taught how to act like, well, proper rich people. Just in the nick of time, there’s been a boom in the number of newly trained butlers—“household managers”—who will serve just the right cabernet when a Richistani’s new buddies from Palm Beach stop by. “My boat is bigger than your boat.” Only in Richistan would a 100-foot-boat be considered a dinghy. Personal pleasure craft have started to rival navy destroyers in size and speed. Richistan is also a place where friends make fun of those misers who buy the new girlfriend a mere Mercedes SLK. “You want my money? Prove that you’re helping the needy!” Richistanis are not only consuming like crazy, they’re also shaking up the establishment’s bureaucratic, slow-moving charity network, making lean, results-oriented philanthropy an important new driving force. Move over, Christian Coalition. Richistanis are more Democratic than Republican, “fed up and not going to take it anymore,” and willing to spend millions to get progressive-oriented politicians elected. “My name is Mike and I’m rich.” Think that money is the answer? Think again as Robert Frank explores the emotional complexities of wealth. And, as Robert Frank reveals, there is not one Richistan but three: Lower, Middle, and Upper, each of which has its own levels and distinctions of wealth —the haves and the have-mores. The influence of Richistan and the Richistanis extends well beyond the almost ten million households that make up its population, as the nonstop quest for status and an insatiable demand for luxury goods reshapes the entire American economy.
The third volume in the epic military aviation series focuses on the Allied invasion of North Africa during World War II. This work of WWII history takes us to November 1942 to explain the background of the first major Anglo-American venture: Operation Torch, the invasion of French North Africa. Describing the fratricidal combat that followed the initial landings in Morocco and Algeria, it then considers the unsuccessful efforts to reach northern Tunisia before the Germans and Italians could get there to forestall the possibility of an attack from the west on the rear of the Afrika Korps forces, then beginning their retreat from El Alamein. The six months of hard fighting that followed, as the Allies built up the strength of their joint air forces and gradually wrested control of the skies from the Axis, are recounted in detail. The continuing story of the Western Desert Air Force is told, as it advanced from the east to join hands with the units in the west. Also covered are the arrivals over the front of American pilots and crew, the P-38 Lightning, the Spitfire IX, and the B-17 Flying Fortress—and of the much-feared Focke-Wulf Fw 190. The aerial activities over Tunisia became one of the focal turning points of World War II, yet are frequently overlooked by historians. Here, the air-sea activities, the reconnaissance flights, and the growing day and night bomber offensives are examined in detail.
A comprehensive summary of experiments on Compton scattering from the proton and neutron performed at the electron accelerator MAMI. The experiments cover a photon energy range from 30 MeV to 500 MeV. The reader is introduced to the theoretical concepts of Compton scattering, followed by a description of the experiments on the proton, their analysis and results.
The authors of Bloody April 1917 present a new volume of facts, photos, and analysis covering aerial combat in the last days of the Great War. Fifteen months after the events of April 1917, more battles had been fought, won and lost on both sides, but now the American strength was feeding in to France with both men and material. With the mighty push on the French/American Front at St. Mihiel on September 12 and then along the Meuse-Argonne Front from the 26th, once more masses of men and aircraft were put into the air. They were opposed by no less a formidable German fighter force than had the squadrons in April 1917, although the numbers were not in their favor. Nevertheless, the German fighter pilots were able to inflict an even larger toll of British, French, and American aircraft shot down, making this the worst month for the Allied flyers during the whole of World War I—and this just a mere six weeks from the war’s bloody finale. This book analyzes the daily events throughout September with the use of lists of casualties and claims from both sides. It also contains seven detailed appendices examining the victory claims of all the air forces that fought during September 1918. Although it is difficult to pinpoint exactly who was fighting who high above the trenches, by poring over maps and carefully studying almost all the surviving records, the picture slowly begins to emerge with deadly accuracy. Black September 1918 is a profusely illustrated and essential reference piece to understanding one of the crucial months of war in the skies.
Corporate Bonds: Structures & Analysis covers every aspect of corporate bonds, including bond structures, credit analysis, and investment strategies. This book discusses state-of-the-art technology for valuing corporate bonds, as well as innovative new products such as step-up notes and range notes. Complete with contributions from today's top financial experts, Corporate Bonds is the definitive reference for this vital market.
The second half of this book sets out several more sophisticated treatments of the response of a single metal surface to electromagnetic radiation. The relations between general forms of the response functions and additional boundary conditions are discussed for a variety of phenomenological models, the HD, the specular reflection model, the "dielectric approximation", the "semi-classical infinite barrier" model and several others. Also, microscopic surface response calculations based on a quantum mechanical model containing a surface potential for the electrons are presented and their relationships to the HD and the SCIB model are illustrated. Finally, we deal with two surface response functions d±(m) and dll(m), which contain the integrated effect of spatial dispersion and surface properties on measurable quantities such as reflection coefficient or surface plasmon dispersion. Their relation to measurements as well as to microscopic or phenomenological response calculations is discussed."--Pages v-vi
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