A demon of our own design : markets, hedge funds, and the perils of financial innovation / Richard Bookstaber.
Material type: TextPublication details: Hoboken, N.J. : J. Wiley, c2007.Description: xii, 276 p. ; 24 cmISBN:- 9780471227274 (cloth)
- 0471227277 (cloth)
- HG4530 .B66 2007
Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
---|---|---|---|---|---|---|---|
Books (30-Day Checkout) | Nash Library General Stacks | HG4530.B66 2007 | 1 | Available | 33710001129647 |
Includes bibliographical references and index.
Introduction: the paradox of market risk -- The demons of '87 -- A new sheriff in town -- How Salomon rolled the dice and lost -- They bought Salomon, then they killed it -- Long-term capital management rides the leverage cycle to hell -- Colossus -- Complexity, tight coupling, and normal accidents -- The brave new world of hedge funds -- Cockroaches and hedge funds -- Hedge fund existential -- Conclusion : built to crash?