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Confidence Game : How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

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Eye-opening insight into the 2008 credit crisis.

This book offers an in-depth look at the events leading up to the 2008 credit crisis through the perspective of one of Wall Street's best-known investors, Bill Ackman. It provides an engaging and human drama that gives readers unprecedented access to the complex web of events that led to the financial meltdown. The book's most unique and distinctive feature lies in its ability to unravel the story of the catastrophe through one dissenting voice in the era, making it an informative and eye-opening read for those interested in understanding the dynamics of Wall Street and global finance.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.
Sale

Confidence Game : How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

Regular price $12.59 Now $8.81 Save 30%
Unit price
per
ISBN: 9781118010419
Publisher: Bloomberg Press
Date of Publication: 2011-03-29
Format: Paperback
Related Topics: Finance, Biography, Finance
Goodreads rating: 4.13
(rated by 845 readers)

Description

An expose on the delusion, greed, and arrogance that led to America's credit crisisThe collapse of America's 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's Bluff is the story of Bill Ackman's 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 "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 dramaDraws on unprecedented access to one of Wall Street's best-known investorsShows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disasterConfidence Game is a real world "Emperor's New Clothes," a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression.
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Eye-opening insight into the 2008 credit crisis.

This book offers an in-depth look at the events leading up to the 2008 credit crisis through the perspective of one of Wall Street's best-known investors, Bill Ackman. It provides an engaging and human drama that gives readers unprecedented access to the complex web of events that led to the financial meltdown. The book's most unique and distinctive feature lies in its ability to unravel the story of the catastrophe through one dissenting voice in the era, making it an informative and eye-opening read for those interested in understanding the dynamics of Wall Street and global finance.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.