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Frank Partnoy, a former high-flying derivatives salesman, gives a vivid and shocking account of the vicious competition, raw machismo and dirty tricks at work in the riskiest sector of the stock market. Billions of dollars worth of securities are traded - and lost - in this amazing arena. Derivatives trading has also played a huge part in the global credit crunch that is the biggest story in the world today. This edition includes a sensational new chapter covering this, and all the other latest scandals.
Frank Partnoy, a former high-flying derivatives salesman, gives a vivid and shocking account of the vicious competition, raw machismo and dirty tricks at work in the riskiest sector of the stock market. Billions of dollars worth of securities are traded - and lost - in this amazing arena. Derivatives trading has also played a huge part in the global credit crunch that is the biggest story in the world today. This edition includes a sensational new chapter covering this, and all the other latest scandals.
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Preface 1 A Better Opportunity 2 The House of Cards 3 Playing Dice 4 A Mexican Bank Fiesta 5 F.I.A.S.C.O. 6 The Queen of RAVs 7 Don’t Cry for Me, Argentina 8 The Odd Couple 9 The Tequila Effect 10 MX 11 Sayonara Epilogue Postscript
Preface 1 A Better Opportunity 2 The House of Cards 3 Playing Dice 4 A Mexican Bank Fiesta 5 F.I.A.S.C.O. 6 The Queen of RAVs 7 Don’t Cry for Me, Argentina 8 The Odd Couple 9 The Tequila Effect 10 MX 11 Sayonara Epilogue Postscript
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