Codes of Finance: Engineering Derivatives in a Global Bank
English | 304 pages | ISBN-10: 0691151504 | PDF | 3.64 MB
The financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. Codes of Finance takes read
ers behind the scenes of the equity derivatives business at one of the world's leading investment banks before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instruments--and of how they ultimately created havoc
inside and outside the bank.