The Life Story Of Michael Jackson
The maze story of Ilya Petrov, senior copywriter and creative director. Part One
GlobalLogic Bolsters Continued Growth with New J.P. Morgan-led Credit Facility
Making Office Cubicles: The Inside Story from a Former Factory Worker
Visual Gold! The New Revolution of Content Marketing [Infographic]
Deictic Elements in Kate Chopin's The Story of an Hour. A ...
Shop online for 2 States The Story Of My Marriage by Chetan Bhagat
Gold Secrets The Original World of Warcraft Gold Guide Now Updated for Cataclysm.pdf
The Story of My Daughter 'til Now
The Story Of Rama And Sita
Drawing on exclusive access to J.P. Morgan CEO Jamie Dimon and a tightly bonded team of bankers known on Wall Street as the "Morgan Mafia," as well as in-depth interviews with dozens of other key players, including Treasury Secretary Timothy Geithner, Tett brings to life in gripping detail how the Morgan team's bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly out of control.
The deeply reported and lively narrative takes readers behind the scenes, to the inner sanctums of elite finance and to the secretive reaches of what came to be known as the "shadow banking" world. The story begins with the intense Morgan brainstorming session in 1994 beside a pool in Boca Raton, where the team cooked up a dazzling new idea for the exotic financial product known as credit derivatives. That idea would rip around the banking world, catapult Morgan to the top of the turbocharged derivatives trade, and fuel an extraordinary banking boom that seemed to have unleashed banks from ages-old constraints of risk.
But when the Morgan team's derivatives dream collided with the housing boom, and was perverted -- through hubris, delusion, and sheer greed -- by titans of banking that included Citigroup, UBS, Deutsche Bank, and the thundering herd at Merrill Lynch -- even as J.P. Morgan itself stayed well away from the risky concoctions others were peddling -- catastrophe followed. Tett's access to Dimon and the J.P. Morgan leaders who so skillfully steered their bank away from the wild excesses of others sheds invaluable light not only on the untold story of how they engineered their bank's escape from carnage but also on how possible it was for the larger banking world, regulators, and rating agencies to have spotted, and heeded, the terrible risks of a meltdown.
A tale of blistering brilliance and willfully blind ambition, Fool's Gold is both a rare journey deep inside the arcane and wildly competitive world of high finance and a vital contribution to understanding how the worst economic crisis since the Great Depression was perpetrated.
Use coupon below to get discount at eCampus.com!
$3 off textbook orders over $75
$4 off textbook orders over $90
$5 off textbook orders over $100
Copy the coupon code before clicking the button!
|Amazon US||Paperback||$0.01 - $16.00|
Captain Kidd's Gold: The True Story of an Adventurous Sailor Boy
Betrayal: The True Story of J. Edgar Hoover And the Nazi Saboteurs Captured During WWII
Mamma Mia! How Can I Resist You?; The Inside Story of Mamma Mia!â„¢ and the Songs of ABBAÂ®
Kirkus Review: A young mayor is pivotal in the revival of boomtown Miami Beach in the 1980s, all the while indulging his large appetites for money, power and sex. In this compelling, well-written ...
Spy tells, for the first time, the full, authoritative story of how FBI agent Robert Hanssen, code name grayday, spied for Russia for twenty-two years in what has been called the “worst ...
The Ford Cosworth DFV engine first appeared at the Dutch Grand Prix in 1967, powering the Lotus 49s of Graham Hill and Jim Clark. Hill claimed pole position, and Clark won the race – a ...
One of the biggest questions of the financial crisis has not been answered until now. What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global ...
Is China a rogue donor, as some media pundits suggest? Or is China helping the developing world pave a pathway out of poverty, as the Chinese claim? In the last few years, China's aid program has ...
Based on previously classified documents and on interviews with former secret police officers and ordinary citizens, The Firm is the first comprehensive history of East Germany's secret police, ...
On June 10th, 2002, Attorney General John Ashcroft announced that the US had captured a known terrorist who was exploring a plan to explode a "dirty bomb" on American soil. That alleged ...