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When Genius Failed: The Rise and Fall of Long-Term Capital Management

In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall.

Từ khóa: Popular Economics, Banks and Banking, tài chính ngân hàng, Theory Economics, Economics Finance, kinh tế tài chính

122 p tieuhoa 02/01/2013 349 2

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