Fiasco Blood In The Water On Wall Street

Download or read book FIASCO written by Frank Partnoy and published by Profile Books. This book was released on 2010-09-03 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.