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A Demon of Our Own Design

Markets, Hedge Funds, and the Perils of Financial Innovation

A Demon of Our Own Design( )
Author: Bookstaber, Richard
ISBN:978-0-470-13498-6
Publication Date:Jun 2007
Publisher:John Wiley & Sons, Incorporated
Imprint:Wiley
Book Format:Ebook
List Price:Contact Supplier contact
Book Description:

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...
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