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Confidence Game: How a Hedge Fund Manager Called Wall Street´s Bluff




Preis:
21.07 EUR*
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Versand:0.00 EUR Versandkostenfrei innerhalb von Deutschland
Partner:buecher.de
Hersteller:Wiley & Sons (Richard, Christine S.)
Stand:2015-08-04 03:50:33

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Produktbeschreibung

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.


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