Description
.a distinctly timely book… Traders, Guns & Money tries to reach out to the mathematically challenged to explain how the world of derivatives “really” works.’ Gillian Tett, Financial Times
`…a scalpel of a book that pulls back the skin on the derivatives and risk management industry to expose the blood, guts and circulatory system underneath…’Nina Mehta, Financial Engineering News
`… a beginner’s guide to the often unsavoury and murky world of trading … a surprisingly gripping account…’Money Week
`… more rivetting than The Da Vinci Code … in the mould of Liar’s Poker … an insider’s account of how derivatives markets work…’ Goola Warden, The Edge, Singapore
`The sexier side of finance … at last… a convincing picture of what life is like in today’s modern financial industry.’ Corporate Financier
`… a page-turning quality more reminiscent of a John Grisham novel.’ JASSA, Finsia
Traders, Guns & Money is a wickedly comic expose of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people’s money.
A sensational insider’s view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis.