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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Detalles Bibliográficos
Otros Autores: Bookstaber, Richard M., 1950- author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Hoboken, New Jersey : John Wiley & Sons, Inc 2007.
Edición:1st edition
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009626985306719
Tabla de Contenidos:
  • A DEMON OF OUR OWN DESIGN; CONTENTS; ACKNOWLEDGMENTS; ABOUT THE AUTHOR; CHAPTER 1: INTRODUCTION: THE PARADOX OF MARKET RISK; CHAPTER 2: THE DEMONS OF '87; CHAPTER 3: A NEW SHERIFF IN TOWN; CHAPTER 4: HOW SALOMON ROLLED THE DICE AND LOST; CHAPTER 5: THEY BOUGHT SALOMON, THEN THEY KILLED IT; CHAPTER 6: LONG-TERM CAPITAL MANAGEMENT RIDES THE LEVERAGE CYCLE TO HELL; CHAPTER 7: COLOSSUS; CHAPTER 8: COMPLEXITY, TIGHT COUPLING, AND NORMAL ACCIDENTS; CHAPTER 9: THE BRAVE NEW WORLD OF HEDGE FUNDS; CHAPTER 10: COCKROACHES AND HEDGE FUNDS; CHAPTER 11: HEDGE FUND EXISTENTIAL; CONCLUSION: BUILT TO CRASH?
  • NOTESINDEX;