France's performance in the 2002 World Cup brought back painful memories of a time when France was a weak contender in world and European football -- a time when national or club teams rarely won, and the French were renowned for having little interest in the game. Today, football plays a unique role in French society. French players and coaches are highly sought after abroad and the national team has chalked up significant recent victories, including a World Cup and European Championship. This book is the first in English to examine the extraordinary cultural, economic, and political history behind French football's development throughout the twentieth century and up to the present day. It focuses on the past twenty years and concludes with a discussion of the fallout from the World Cup 2002.
This book is based on A Trading Desk's View of Market Quality, a conference hosted by the Zicklin School of Business on April 30, 2002. The text includes the edited transcripts of each panel as well as separate presentations by two distinguished industry officials, Joel Steinmetz, who at the time was Senior Vice President, Equities, Instinet Corporation, and Laura Unger, formerly Acting Chairperson and Commissioner of the U.S. Securities and Exchange Commission. This book is not simply a historical record of the conference. It is also an exposition of the complex issues raised by the industry experts and speakers in attendance. Therefore, we introduced new material from foll- up interviews with many of the panelists so that the final result would be a more valuable document. Our intention was to examine the discussions with a critical eye, then modify or expand various sections to reflect contemporary conditions. In addition, we have included a paper by Ozenbas, Schwartz and Wood (see Chapter 8, page 151) that provides further analysis on the connection between market quality and intra-day 1 volatility that was noted several times during the conference. During the production process, we worked with the panelists, and took pains not to put words in their mouths. They have all approved the final draft of the manuscript, and we thank them for their assistance and patience.
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