Traders, Guns & Money: Knowns and unknowns in the dazzling world of derivatives

Liar’s Poker with more lies and more insight,Traders, Guns & Money is a sensational insider’s view of the business of trading and marketing derivatives for a living.  It reveals the nature of the business, the players and how the real money is made and lost.  An accessible companion, a wise counsel and a great read.

• A sensational and controversial first-person account of the business of derivatives trading and the financial products industry.

• Offers a true insider’s view.

• Funny and poignant, written in a wry and wickedly comic style.

• Reveals how shareholders, clients, regulators, and the tax paying ordinary public bear most of the risk in the trading rooms.

• Reveals the story of how one set of clients discovered the perils of unknowns in a derivatives deal. 

• Traders, Guns & Money cleverly weaves together: the dazzling world of derivatives and how to work out what you know, don't know and need to know; an insider’s, expert witness account of the rise and rules of the world of derivatives and the astonishing story of how one set of clients discovered the perils of unknowns in a derivatives deal. 
• Benchmark: Liar’s Poker 0340767006.Das now offers more lies and is set in today’s derivatives market, and Traders Gun's and Money is written not by a journalist but by a world-famous insider.

Table of Contents

Prologue

1. Financial WMDs - derivatives demagoguery

2. Beautiful Lies - the 'sell' side      

3. True Lies - the 'buy' side

4. Show Me The Money - greed lost and regained

5. The Perfect Storm - risk management by the numbers

6. Super Models - derivatives algorithms

7. Games Without Frontiers - the inverse world of structured products

8. Share and Share Alike - derivative inequity

9. Credit Where Credit Is Due - fun with CDS and CDO

Epilogue