Infectious Greed: How Deceit And Risk Corrupted The Financial Markets,Used

Infectious Greed: How Deceit And Risk Corrupted The Financial Markets,Used

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SKU: SONG0805072675
Brand: Brand: Times Books
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From the bestselling author of F.I.A.S.C.O., ariveting chronicle of the rise of dangerousfinancial instruments and the growing crisis in American businessThe stillunfolding financial story is terrifying. One by one, major corporations such as Enron, Global Crossing, and Worldcom are imploding all around us, prey to a greeddriven culture and dubious or illegal corporate finance and accounting. Our financial system has suddenly reached a perilous crossroads.In a compelling and disturbing narrative, Frank Partnoy brings to bear all of his skills and experience as a securities attorney, financial analyst, law professor, and bestselling author to tell the story of the rise of the trading instruments and corporate financial structures that now imperil the economic health of the country. Starting in the mid1980s with the introduction of the first protoderivatives, and taking us through such highprofile disasters as Barings Bank and Long Term Capital Management, Partnoy traces a seamless progression to today's dangerous manipulations. He documents how each new level of financial risk and complexity obscured the sickness of the company in question, and required ever more ingenious deceptions. The story becomes more alarming with each passing day, but Partnoy offers a clear vision of how we can step back from the precipice.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

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