Logotipo librería Marcial Pons
Confidence game

Confidence game
how a hedge fund manager called Wall Street's bluff

  • ISBN: 9780470648278
  • Editorial: Bloomberg Press
  • Lugar de la edición: Chichester. Reino Unido
  • Encuadernación: Cartoné
  • Medidas: 24 cm
  • Nº Pág.: 336
  • Idiomas: Inglés

Papel: Cartoné
36,62 €
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Resumen

The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and the New York Times and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets. * Unravels the story of the credit crisis through an engaging and human drama * Draws on unprecedented access to one of Wall Street's best-known investors * Shows how excessive leverage, dangerous financial models and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster Confidence Game is a real-world "Emperor's New Clothes," a tale of widespread delusion and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression. Christine Richard is a reporter with Bloomberg News whose work has been recognized by The New York Press Club and The Newswomen's Club of New York.

Resumen

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