Free PDF Fool Gold How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe

You can download in the form of an ebook: pdf, kindle ebook, ms word here and more softfile type. Free PDF Fool Gold How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe, this is a great books that I think are not only fun to read but also very educational.
Book Details :
Published on: 2009-05-12
Released on:
Original language: English

From award-winning Financial Times journalist Gillian Tett, who enraged Wall Street leaders with her newsbreaking warnings of a crisis more than a year ahead of the curve, Fool's Gold tells the astonishing unknown story at the heart of the 2008 meltdown.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. IEPE / CdG - Instituto de Estudos de Pol tica Econ mica Instituto de Estudos de Poltica Econmica. O Instituto de Estudos de Poltica Econmica/Casa das Garas (IEPE/CdG) foi constitudo em 30 de outubro de 2003 ... Investment Books: The Best Recommended List The End of Wall Street By Roger Lowenstein. Too Big to Save? How to Fix the U.S. Financial System by Robert Pozen. This is an in depth book about financial reform in ... Gates of Vienna After being taken down twice by Blogger within a single week we got the message: Its Time To Go. Gates of Vienna has moved to a new address: Future Prophecies Revealed Dreams and visions of the future prophecies of Enoch to Dumitru Duduman both Catholic and Protestant ancient to modern Chase Bank - Wikipedia Chase traces its history back to the founding of The Manhattan Company by Aaron Burr on September 1 1799 in a house at 40 Wall Street: After an epidemic of yellow ...
Ebook BookWorking With Narrative in Emotion-Focused Therapy Changing Stories Healing Lives
0 Response to "Get BookFool Gold How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe"
Post a Comment