A demon of our own design markets, hedge funds, and the perils of financial innovation

Inside markets, innovation, and riskWhy do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street–from Morgan Stanley to Salomon and Citigroup–and a member of some of the world's largest hedge funds, from Moor...

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Bibliographic Details
Other Authors: Bookstaber, Richard M., 1950- author (author)
Format: eBook
Language:Inglés
Published: Hoboken, New Jersey : John Wiley & Sons, Inc 2007.
Edition:1st edition
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009626985306719
Description
Summary:Inside markets, innovation, and riskWhy do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street–from Morgan Stanley to Salomon and Citigroup–and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigrou
Item Description:Includes index.
Physical Description:1 online resource (290 p.)
Bibliography:Includes bibliographical references and index.
ISBN:9781118045589
9781280935138
9786610935130
9780470134986