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Item Details
| Title:
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FOOL'S GOLD
HOW UNRESTRAINED GREED CORRUPTED A DREAM, SHATTERED GLOBAL MARKETS AND UNLEASHED A CATASTROPHE |
| By: |
Gillian Tett |
| Format: |
Electronic book text |
| List price:
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£9.98 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
0748112219 |
| ISBN 13: |
9780748112210 |
| Publisher: |
LITTLE, BROWN BOOK GROUP |
| Pub. date: |
14 May, 2009 |
| Pages: |
352 |
| Description: |
Inside the financial crisis as the bankers themseves rode the boom and fell with the crash, from the first UK journalist to predict it |
| Synopsis: |
In the mid 1990's, at a vast hotel complex on a private Florida beach, dozens of bankers from JP Morgan gathered for what was to become a legendary off-site meeting. It was a wild weekend. But among the drinking, nightclubbing and fist-fights lay a more serious purpose - to assess the possibility of building a business around the new-fangled concepts of credit derivatives. The group at the heart of this revolution was an intense team, made up of individuals with a supreme sense of loyalty to each other and to the bank - for years, nothing could break them apart. But when, finally, the team dispersed, the innovations spread far beyond their original intentions, producing perversions in the mortgage market that ultimately culminated in disaster. Part real-life thriller, part investigation and expose, this searing narrative takes us deep inside the shadowy world of complex finance and derivatives. |
| Publication: |
UK |
| Imprint: |
Abacus |
| Prizes: |
Winner of Spear's Book Awards: Financial Book of the Year 2009 |
| Returns: |
Non-returnable |
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