FOOL'S GOLD: HOW THE BOLD DREAM OF A SMALL TRIBE AT J.P. MORGAN WAS CORRUPT ED BY WALL STREET GREED AND UNLEASHED A CATASTROPHE

FOOL'S GOLD: HOW THE BOLD DREAM OF A SMALL TRIBE AT J.P. MORGAN WAS CORRUPT ED BY WALL STREET GREED AND UNLEASHED A CATASTROPHE

By: Tett, Gillian

Price: ¥550.00

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Book Condition: Very Good


A copy that has been read, but is in excellent condition. Pages are intact and not marred by notes or highlighting. The spine remains undamaged. From award-winning Financial Times journalist Gillian Tett, who enraged Wal l Street leaders with her news-breaking warnings of a crisis more than a ye ar ahead of the curve, Fool's Gold tells the astonishing unknown story at t he heart of the 2008 meltdown. Drawing on exclusive access to J.P. Morgan CEO Jamie Dimon and a tightly bo nded team of bankers known on Wall Street as the "Morgan Mafia," as well as in-depth interviews with dozens of other key players, including Treasury S ecretary Timothy Geithner, Tett brings to life in gripping detail how the M organ team's bold ideas for a whole new kind of financial alchemy helped to ignite a revolution in banking, and how that revolution escalated wildly o ut of control. The deeply reported and lively narrative takes readers behind the scenes, t o the inner sanctums of elite finance and to the secretive reaches of what came to be known as the "shadow banking" world. The story begins with the i ntense Morgan brainstorming session in 1994 beside a pool in Boca Raton, wh ere the team cooked up a dazzling new idea for the exotic financial product known as credit derivatives. That idea would rip around the banking world, catapult Morgan to the top of the turbocharged derivatives trade, and fuel an extraordinary banking boom that seemed to have unleashed banks from age s-old constraints of risk. But when the Morgan team's derivatives dream collided with the housing boom, and was perverted--through hubris, delusion, and sheer greed--by titans of ba.

Title: FOOL'S GOLD: HOW THE BOLD DREAM OF A SMALL TRIBE AT J.P. MORGAN WAS CORRUPT ED BY WALL STREET GREED AND UNLEASHED A CATASTROPHE

Author Name: Tett, Gillian

Categories: General Non-Fiction,

Publisher: Free Press: 2009

ISBN Number: 1439100756

ISBN Number 13: 9781439100752

Binding: Paperback

Book Condition: Very Good

Seller ID: RWARE0000047083