||1 of 1 people found the following review helpful.| Nimble, brilliant, virtuoso performance|By Phil O.|This book has a pretty novel approach of following a financial product around, through all the changes and personnel and firm frameworks that it touches on. This is quite effective. I wish I could describe this book as well as the author describes countless nuanced things. The author's (and reader's) point of view moves||"The first in-depth anthropological study of how banks invent new financial products. . . . Lépinay spent nearly two years in a huge French bank . . . And his study is both highly revealing and slightly farcical."--The Guardian|
The financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. In Codes of Finance, Vincent Antonin Lépinay, a former employee of one of the world’s leading investment banks, takes readers behind the scenes of the equity derivatives business at the bank before the crisis, providing a detailed firsthand account of the creation, mark...
[PDF.ci33] Codes of Finance: Engineering Derivatives in a Global Bank Rating: 3.84 (559 Votes)
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