Traders, Guns and Money: Knowns and unknowns in the dazzling world of derivatives Revised edition (Financial Times (Prentice Hall))
| Author | : | |
| Rating | : | 4.64 (980 Votes) |
| Asin | : | 0273731963 |
| Format Type | : | paperback |
| Number of Pages | : | 384 Pages |
| Publish Date | : | 2015-02-18 |
| Language | : | English |
DESCRIPTION:
In the original version of Traders, Guns and Money, Satyajit Das provided a highly prescient insight into the structure and risk of the world financial system exposing the problems that are becoming readily apparent. This does not improve the overall stability and security of the financial system but exposes it to increased risk of a "crash".. A sensational insider’s view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis. Traders Guns and Money is a wickedly comic exposé of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people’s money. In a 2006 speech – The Coming Credit Crash – Das argued that: "an informed analysis … shows that risk is not better spread but more leveraged and (arguably) more concentrated…. This worldwide bestseller reveals the truth about derivatives: those financial tools memorably described by Warren Buffett as ‘financial weapons of mass destruction’. Traders, Guns and Money will introduce you to the players and the practices and reveals how the real money is made and lost.The global financial crisis took almost everyone by surprise and even now new problems keep appearing and solutions continue to be elusive
EXTREME MONEY: THE MASTERS OF THE UNIVERSE AND THE CULT OF RISK, the new title from bestselling author Satyajit Das, is now available to pre-order on . must read for all CEOs, CFOs, bankers and anyone who cares about what banks are doing with their money.’Lara Wozniak, financeasia ‘…an amusing, down-to-earth look behind the scenes of the derivatives market….There were several times I laughed out loud….’runningofthebools.typepad‘ a scalpel of a book’ Financial E
Prior to this he worked in the Commonwealth Bank of Australia, Citicorp Investment Bank and Merrill Lynch Capital Markets. He was the treasurer for the TNT Group on Australia for six years. He is the author of Swap Financing and has published widely on financial derivatives, corporate finance, treasury and risk management. He has
Steven H Propp said A REVEALING PRE-"A REVEALING PRE-2008 FINANCIAL CRISIS PORTRAIT OF DERIVATIVES, AND THE INDUSTRY THAT SELLS THEM" according to Steven H Propp. Sanyajit Das is a financial analyst who had written many books on derivatives and related topics, such as Extreme Money: Masters of the Universe and the Cult of Risk, Risk Management and Financial Derivatives, Credit Derivatives, Swap and Derivative Financing, etc. He has also revised this 2006 book [see: Revised edition.He wrote. 008 FINANCIAL CRISIS PORTRAIT OF DERIVATIVES, AND THE INDUSTRY THAT SELLS THEM. Sanyajit Das is a financial analyst who had written many books on derivatives and related topics, such as Extreme Money: Masters of the Universe and the Cult of Risk, Risk Management and Financial Derivatives, Credit Derivatives, Swap and Derivative Financing, etc. He has also revised this "A REVEALING PRE-2008 FINANCIAL CRISIS PORTRAIT OF DERIVATIVES, AND THE INDUSTRY THAT SELLS THEM" according to Steven H Propp. Sanyajit Das is a financial analyst who had written many books on derivatives and related topics, such as Extreme Money: Masters of the Universe and the Cult of Risk, Risk Management and Financial Derivatives, Credit Derivatives, Swap and Derivative Financing, etc. He has also revised this 2006 book [see: Revised edition.He wrote. 006 book [see: Revised edition.He wrote. MG Prichard said Great insight into the world of derivatives. This book made me realise how much half knowledge of derivatives I possessed prior to reading. But then I am not an expert, just a casual market participant (gulp).Does it matter? Even to an occasional observer of banks and financial systems (and therefore everything else that follows), I think it behoves us to appreciate the con. The wizard of oz, Satyajit Das Benedetto Ahagon Many times I was ready to let this one go. Glad I persisted. It was worth reading, but I cannot say that he is successful in what he endeavors to achieve. You get only a brief glimpse into the world of derivatives. He loses a great opportunity in his example of an embedded reverse floating interest rate swap. All he had to say wa