Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff PDF (Adobe DRM) download by Christine S. Richard

Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

Bloomberg Press
Publication date: March 2010
ISBN: 9780470873281
Digital Book format: PDF (Adobe DRM)

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An expose on the delusion, greed, and arrogance that led to America's credit crisis

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 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.

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Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff PDF (Adobe DRM) download by Christine S. Richard
Bloomberg Press, March 2010
ISBN: 9780470873281
EAN:  9780470873281
PDF (Adobe DRM)
eBook price: $11.99
Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff ePub (Adobe DRM) download by Christine S. Richard
Bloomberg Press, March 2010
ISBN: 9780470873304
EAN:  9780470873304
ePub (Adobe DRM)
eBook price: $11.99