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BOOK OF THE MONTH
MY LIFE IN FULL
Indra K. Nooyi
699

An intimate and powerful memoir by the trailblazing former CEO of PepsiCo

For...(+)

Author Spotlight

Anuradha Roy is the author of An Atlas of Impossible Longing, The Folded Earth and Sleeping ...(+)

  Anuradha Roy  
 
 
 
Fool's Gold
Gillian Tett

Classification : Sociology
Pub Date : Jun 03, 2009
Imprint : Little, Brown
Page Extent : 352
Binding : PB
ISBN : 9781408701676
Price : 899

About the book
In the mid 1990s, at a vast hotel complex on a private Florida beach, dozens of bankers from JP Morgan gathered for what was to become a legendary off-site meeting. It was a wild weekend. But among the drinking, nightclubbing and fist-fights lay a more serious purpose - to assess the possibility of building a business around the new-fangled concepts of credit derivatives.

The group at the heart of this revolution was an intense team, made up of individuals with a supreme sense of loyalty to each other and to the bank - for years, nothing could break them apart. But when, finally, the team dispersed, the innovations spread far beyond their original intentions, producing perversions in the mortgage market that ultimately culminated in disaster.

Part real-life thriller, part investigation and exposé, this searing narrative takes us deep inside the shadowy world of complex finance - A PERFECT STORM for the credit crunch

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Gillian Tett
Gillian Tett is Assistant Editor for the FINANCIAL TIMES where she has worked for fifteen years. In 2008 she won the British Press Award for the Financial Journalist of the Year. She often appears on...(+)
Books by Gillian Tett
Fool's Gold (PB)
The Silo Effect (PB)
The Silo Effect: Why putting everything in its place isn't such a bright idea (PB)