Infectious Greed: How Deceit and Risk Corrupted the Financial Markets - Softcover

Partnoy, Frank

Softcover

ISBN 10: 1586487841 ISBN 13: 9781586487843

Publisher: Public Affairs, 2009

Synopsis

As the global financial crisis unfolds people everywhere are seeking to understand how markets devolved to this perilous, volatile state. In this dazzling and meticulously researched work of financial history, first published in 2003, and now thoroughly revised and updated, law professor and financial expert Frank Partnoy tells the story of how ?classical” Wall Street securities like stocks and bonds were quietly eclipsed by ever more ?quantum” products like derivatives. He documents how, starting in the mid-1980s, each new level of financial risk and complexity obscured the sickness of corporate America, and how Wall Street’s evlving paradigm moved farther and farther beyond the understanding?and regulation?of ordinary investors and government overseers, leading inevitably to disaster.

About this title

About the Author

Frank Partnoy is the author of The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals, and F.I.A.S.C.O.: Blood in the Water on Wall Street. A graduate of Yale Law School, he is currently the George E. Barrett professor of law and finance at the University of San Diego.

Edition details

• Publisher: Public Affairs
• Publication date: 2009
• Language: English
• ISBN 10: 1586487841
• ISBN 13: 9781586487843
• Binding: Paperback
• Number of pages: 473