Financial Origami: How the Wall Street Model Broke - Bloomberg (Hardback)
  • Financial Origami: How the Wall Street Model Broke - Bloomberg (Hardback)
zoom

Financial Origami: How the Wall Street Model Broke - Bloomberg (Hardback)

(author)
£22.99
Hardback 192 Pages / Published: 01/04/2011
  • We can order this

Usually dispatched within 1 week

  • This item has been added to your basket
An in-depth look at the failure of Wall Street's "proven" financial models

Origami is the Japanese art of folding paper into intricate and aesthetically attractive shapes. As such, it is the perfect metaphor for the Wall Street financial engineering model, which ultimately proved to be the underlying cause of the 2008 financial crisis.

In Financial Origami, Brendan Moynihan describes how the Wall Street business model evolved from a method to transfer risk into a method for manufacturing risk. Along the way, this timely book skillfully dissects financial engineering and addresses how it's often a mechanism to evade regulatory constraints, provide institutional investors with customized products, and, of course, generate revenue for financial engineers.

Reveals how Wall Street's financial engineering business model morphed into something destructiveHighlights how the origami model worked well in the comparatively stable years of the early 2000s, when there was less risk to transferDiscusses how Wall Street began manufacturing risk by creating products that multiplied risk exposures and encouraged subprime lending

With the collapse of Lehman Brother the Wall Street business model effectively broke. But there are many lessons to be learned from what has transpired, and Financial Origami will show you what they are.

Publisher: John Wiley & Sons Inc
ISBN: 9781118001813
Number of pages: 192
Weight: 396 g
Dimensions: 235 x 161 x 18 mm

You may also be interested in...

Candlestick Charting for Dummies
Added to basket
Rich Dad's Guide to Investing
Added to basket
£14.99   £10.49
Paperback
The Stock Market Explained
Added to basket
One Up On Wall Street
Added to basket
Moneyball
Added to basket
£11.99
Paperback
The Financial Times Guide to Investing
Added to basket
More Money Than God
Added to basket
Shares Made Simple
Added to basket
£13.99
Paperback
Fooled by Randomness
Added to basket
Investing in Shares For Dummies
Added to basket
The Economist Guide to Commodities
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.