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A Demon of Our Own Design: Markets, Hedge Funds, and the Perils

Condition:
Good
Slight Creasing To Spine and Wear To Edges Of Pages
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Last updated on Mar 16, 2024 00:06:11 SGTView all revisionsView all revisions

Item specifics

Condition
Good
A book that has been read but is in good condition. Very minimal damage to the cover including scuff marks, but no holes or tears. The dust jacket for hard covers may not be included. Binding has minimal wear. The majority of pages are undamaged with minimal creasing or tearing, minimal pencil underlining of text, no highlighting of text, no writing in margins. No missing pages. See all condition definitionsopens in a new window or tab
Seller Notes
“Slight Creasing To Spine and Wear To Edges Of Pages”
Book Title
A Demon of Our Own Design: Markets, Hedge Funds, and the Perils
ISBN
9780471227274
Publication Year
2007
Type
Textbook
Format
Hardcover
Language
English
Publication Name
A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation
Item Height
237mm
Author
Richard Bookstaber
Publisher
John Wiley & Sons Inc
Item Width
159mm
Subject
Accounting
Item Weight
486g
Number of Pages
288 Pages

About this product

Product Information

Inside markets, innovation, and risk Why 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 Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man?s attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.

Product Identifiers

Publisher
John Wiley & Sons Inc
ISBN-13
9780471227274
eBay Product ID (ePID)
94500071

Product Key Features

Author
Richard Bookstaber
Publication Name
A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation
Format
Hardcover
Language
English
Subject
Accounting
Publication Year
2007
Type
Textbook
Number of Pages
288 Pages

Dimensions

Item Height
237mm
Item Width
159mm
Item Weight
486g

Additional Product Features

Title_Author
Richard Bookstaber
Country/Region of Manufacture
United States

Item description from the seller

Business seller information

Value Added Tax Number:
  • GB 724498118
The_Book_Fountain

The_Book_Fountain

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