- Copyright 2006
- Dimensions: 6x9
- Pages: 352
- Edition: 1st
-
Book
- ISBN-10: 0-273-70474-5
- ISBN-13: 978-0-273-70474-4
Liars Poker with more lies and more insight,Traders, Guns & Money is a sensational insiders 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 insiders 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 insiders, 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: Liars Poker 0340767006.Das now offers more lies and is set in todays 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