FIASCO: Blood in the Water on Wall Street

Blood in the Water on Wall Street

Business & Finance, Finance & Investing, Finance, Investments & Securities
Cover of the book FIASCO: Blood in the Water on Wall Street by Frank Partnoy, W. W. Norton & Company
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Author: Frank Partnoy ISBN: 9780393115345
Publisher: W. W. Norton & Company Publication: January 18, 2010
Imprint: W. W. Norton & Company Language: English
Author: Frank Partnoy
ISBN: 9780393115345
Publisher: W. W. Norton & Company
Publication: January 18, 2010
Imprint: W. W. Norton & Company
Language: English

“Applies an intelligent, clinical eye to [an] excruciatingly complex corner of the financial world.” —New York Times

A classic of its kind, Frank Partnoy’s best-selling FIASCO takes readers inside the rollicking world of derivatives on Wall Street during the mid-1990s. The book tracks Partnoy’s success as a young Morgan Stanley employee who quickly becomes steeped in a culture that treats client as targets to be “blown up” or have their faces “ripped off.” A decade later FIASCO remains one of the most damning and prescient pictures of the speculative frenzies that grip Wall Street and the victims they can leave in their wake. In Partnoy’s case they include well-publicized losses at Orange County, Barings, and Procter & Gamble, among others. A new epilogue written for this edition brings Partnoy’s story—as well as the story of derivatives—up to the present.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

“Applies an intelligent, clinical eye to [an] excruciatingly complex corner of the financial world.” —New York Times

A classic of its kind, Frank Partnoy’s best-selling FIASCO takes readers inside the rollicking world of derivatives on Wall Street during the mid-1990s. The book tracks Partnoy’s success as a young Morgan Stanley employee who quickly becomes steeped in a culture that treats client as targets to be “blown up” or have their faces “ripped off.” A decade later FIASCO remains one of the most damning and prescient pictures of the speculative frenzies that grip Wall Street and the victims they can leave in their wake. In Partnoy’s case they include well-publicized losses at Orange County, Barings, and Procter & Gamble, among others. A new epilogue written for this edition brings Partnoy’s story—as well as the story of derivatives—up to the present.

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