عنوان

F.I.A.S.C.O. :

0140278796

9780140278798

b703933

F.I.A.S.C.O. :

[Book]

the inside story of a Wall Street trader /

Frank Partnoy.

New York :

Penguin,

©1999.

283 pages ;

20 cm

"Fixed Income Annual Sporting Clays Outing."

1. Better Opportunity -- 2. House of Cards -- 3. Playing Dice -- 4. Mexican Bank Fiesta -- 5. F.I.A.S.C.O. -- 6. Queen of RAVs -- 7. Don't Cry for Me, Argentina -- 8. Odd Couple -- 9. Tequila Effect -- 10. MX -- 11. Sayonara.

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"Fiasco is an insider's diary, a shocking education in the jungle of high finance in the 1990s from New York to Tokyo. It tracks the progress of a young Morgan Stanley salesman as he learns the ropes of this sophisticated and ruthless web, where billions of dollars are lost in the creation and trading of securities so unlikely and so complicated that almost nobody understands them." "Frank Partnoy presents a world filled with feral "rocket scientists" - the clever masterminds who persuade unsuspecting victims to buy derivatives (whose value is linked to or "derived" from some other security). These salesman often joke about their creations as weapons of mass destruction; and, in fact, the clients are often "blown up" or have their "faces ripped off." Against such well-trained salesmen, buyers often don't stand a chance, and the actual fiascos involve well-publicized losses at Orange County, Barings, Procter & Gamble and many others." "Frank Partnoy's book is partly comical and brims with incredible characters, but his revelations should stir fear in anyone who owns mutual funds, stocks, or even insurance."--BOOK JACKET.

FIASCO : the inside story of a Wall Street trader

Inside story of a Wall Street trader

Morgan Stanley & Co-- History.

Morgan Stanley Dean Witter (Firme)

Morgan Stanley & Co.

Derivative securities-- Corrupt practices.

Derivative securities.

Instruments dérivés (Finances)-- États-Unis-- Histoire.

Instruments dérivés (Finances)-- Pratiques déloyales.

Derivative securities.

Instruments financiers.

Spéculation.

Partnoy, Frank.

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[Book]

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