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Focusing on major financial failures, this book delves into the significant derivatives disasters of the past fifty years, detailing the cases of Metallgesellschaft, Barings Bank, Long Term Capital Management, and others. It reveals how flawed financial engineering and reckless speculation led to substantial losses and bankruptcies. By examining the stories of these institutions, the book uncovers the complexities of the derivatives market and the consequences of unchecked risk-taking and rogue trading.
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GLOBAL DERIVATIVE DEBACLES (2ND ED), Laurent L Jacque
- Lingua
- Pubblicato
- 2015
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