Fool's gold : the inside story of J.P. Morgan and how Wall Street greed corrupted its bold dream and created a financial catastrophe / Gillian Tett.

By: Tett, GillianMaterial type: TextTextPublisher: New York : Free Press, 2010, c2009Edition: 1st Free Press paperback edDescription: xviii, 301 p. ; 22 cmISBN: 9781439100134 (pbk.); 1439100136 (pbk.); 9781439100752 (ebk.); 1439100756 (ebk.)Subject(s): Credit derivatives -- United States -- History | Housing -- United States -- Finance | Financial crises -- United States | J.P. Morgan & CoDDC classification: 332.64/570973 LOC classification: HG6024.U6 | T48 2010
Contents:
The derivatives dream -- Dancing around the regulators -- The dream team -- The cuffs come off -- Merger mania -- Innovation unleashed -- Mr. Dimon takes charge -- Risky business -- Leveraging lunacy -- Tremors -- First failures --Panic takes hold -- Bank run -- Bear blows up -- Free fall.
Summary: Traces the relationship between a team of JP Morgan banking gurus and the current financial crisis, documenting their invention of a bold variety of allegedly risk-free investments that sparked a frenzy in the banking world and may have directly contributed to the market crash.
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Item type Current library Call number Copy number Status Notes Date due Barcode
Books Books Female Library
HG6024 .U6 T48 2010 (Browse shelf (Opens below)) 1 Available STACKS 51952000100515
Books Books Main Library
HG6024 .U6 T48 2010 (Browse shelf (Opens below)) 1 Available STACKS 51952000130857

"Updated with new preface and afterword" -- Cover.

Includes bibliographical references (p. 263-282) and index.

The derivatives dream -- Dancing around the regulators -- The dream team -- The cuffs come off -- Merger mania -- Innovation unleashed -- Mr. Dimon takes charge -- Risky business -- Leveraging lunacy -- Tremors -- First failures --Panic takes hold -- Bank run -- Bear blows up -- Free fall.

Traces the relationship between a team of JP Morgan banking gurus and the current financial crisis, documenting their invention of a bold variety of allegedly risk-free investments that sparked a frenzy in the banking world and may have directly contributed to the market crash.

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