||3 of 3 people found the following review helpful.| Roger Lowenstein’s book contains an extraordinary amount of detail. ...|By Richard Bobb|Roger Lowenstein’s book contains an extraordinary amount of detail. There’s nothing wrong with that.
The gist of the story is that no amount of financial modelling can overcome a “black swan” event, even though the term “black swan” was|.com |On September 23, 1998, the boardroom of the New York Fed was a tense place. Around the table sat the heads of every major Wall Street bank, the chairman of the New York Stock Exchange, and representatives from numerous European banks, each of whom had be
With a new Afterword addressing today’s financial crisis
A BUSINESS WEEK BEST BOOK OF THE YEAR
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...
[PDF.qj10] When Genius Failed: The Rise and Fall of Long-Term Capital Management Rating: 4.85 (560 Votes)
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You can specify the type of files you want, for your device.When Genius Failed: The Rise and Fall of Long-Term Capital Management | Roger Lowenstein. Which are the reasons I like to read books. Great story by a great author.