Download When Genius Failed Book

When Genius Failed PDF
By:Roger Lowenstein
Published on 2001-01-18 by Random House

DOWNLOAD HERE !

“A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist

This Book was ranked at 4 by Google Books for keyword Free Capitalism.

Book ID of When Genius Failed's Books is UxnPgZsfsSgC, Book which was written byRoger Lowensteinhave ETAG "IeoHi+3PlEY"

Book which was published by Random House since 2001-01-18 have ISBNs, ISBN 13 Code is 9780375506444 and ISBN 10 Code is 0375506446

Reading Mode in Text Status is true and Reading Mode in Image Status is true

Book which have "288 Pages" is Printed at BOOK under CategoryBusiness and Economics

Book was written in en

eBook Version Availability Status at PDF is true and in ePub is true

Book Preview

DOWNLOAD NOW !

Download When Genius Failed PDF Free

Download When Genius Failed Book Free

Download When Genius Failed Free

Download When Genius Failed PDF

Download When Genius Failed Book

How to Download When Genius Failed Book

How to Download When Genius Failed

How to Download When Genius Failed pdf

How to Download When Genius Failed free

Free Download When Genius Failed