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A behindthescenes account of the derivatives business at a major investment bankThe financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. In Codes of Finance, Vincent Antonin Lpinay, a former employee of one of the worlds leading investment banks, takes readers behind the scenes of the equity derivatives business at the bank before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instrumentsand of how they ultimately created havoc inside and outside the bank.
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