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When Genius Failed: The Rise and Fall of Long-Term Capital Management

Written by
Roger Lowenstein Roger Lowenstein


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Website: Amazon
Description: With a new Afterword addressing today’s financial crisis A BUSINESS WEEK BEST BOOK OF THE YEAR In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise ... (more)
Manufacturer: Random House Trade Paperbacks
Release date: 9 October 2001
ISBN-10 : 0375758259 | ISBN-13: 9780375758256
Tags: Risk (1), Markets (1)
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