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[HTTP] Confidence Game: How a Hedge Fund Manager Called Wall Street

Posted on 2010-10-13




Name:[HTTP] Confidence Game: How a Hedge Fund Manager Called Wall Street
ASIN/ISBN:0470648279
File size:12 Mb
Publish Date: 2010
ISBN: 0470648279, 1576603377
Pages: 335 pages
File Type: PDF
File Size: 12 MB
Other Info: Bloomberg
   [HTTP] Confidence Game: How a Hedge Fund Manager Called Wall Street

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Confidence Game: How a Hedge Fund Manager Called Wall Street抯 Bluff by Christine S. Richard

The collapse of America抯 credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street抯 Bluff is the story of Bill Ackman抯 six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and the New York Times and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets.

Unravels the story of the credit crisis through an engaging and human drama

Draws on unprecedented access to one of Wall Street抯 best-known investors

Shows how excessive leverage, dangerous financial models and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster

Confidence Game is a real-world 揈mperor抯 New Clothes,?a tale of widespread delusion and one dissenting voice in the era leading up to the worst financial disaster since the Great Deion.

Christine Richard is a reporter with Bloomberg News whose work has been recognized by The New York Club and The Newswomen抯 Club of New York.

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