Financial Origami: How the Wall Street Model Broke

Moynihan, Brendan

Published by Bloomberg Press
ISBN 10: 1118001818 / ISBN 13: 9781118001813
Used / Hardcover / Quantity Available: 0
Available From More Booksellers
View all  copies of this book

About the Book

We're sorry; this specific copy is no longer available. AbeBooks has millions of books. We've listed similar copies below.

Description:

1118001818 BRAND-NEW, Unread Copy in Perfect Condition. FAST UPS shipping (you'll receive your order within 1-5 business days after shipping in most cases*), this helps to ensure your order arrives in perfect condition. PLEASE NOTE: FedEx does not generally deliver to PO Boxes or APO addresses, so please be sure to give us a physical street address to deliver to; also, unfortunately, we cannot ship this item to Alaska or Hawaii. THANKS! *(this applies to domestic shipments within the continental US - other destinations may take longer). Bookseller Inventory #

About this title:

Book ratings provided by GoodReads:
3.53 avg rating
(15 ratings)

Synopsis: 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 destructive
  • Highlights how the origami model worked well in the comparatively stable years of the early 2000s, when there was less risk to transfer
  • Discusses 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.

From the Inside Flap:

The simplicity of Wall Street's business model is often masked by the supposed complexity of its innovations. While the "financially engineered" products that Wall Street peddles to investors may seem different, in reality, they are nothing more than financial origami—where the attributes of stocks, bonds, and derivatives are folded and refolded to form something that seems new. This is the perfect metaphor for how Wall Street works, and ultimately proved to be the underlying cause of the recent financial crisis.

Now, in Financial Origami, Brendan Moynihan—editor-at-large for Bloomberg News and a twenty-year market veteran—describes how the Wall Street business model has evolved from a method to transfer risk into a method for manufacturing risk. Page by page, he skillfully dissects financial engineering and addresses how financial origami, along with its inherent conflicts of interest, have allowed individuals as well as institutions to skirt regulations or taxes, sometimes meet investor needs, and always boost their profits.

But folding existing products into "new" ones is not the only financial origami performed in the world of finance. Other instances touched upon throughout the book include:

  • Industry refolding in the form of firms, once specializing in specific tasks within the risk-transfer business, now seeking to offer one-stop shopping for all financial services

  • Firms refolding their business charters from private partnerships to publicly traded, shareholder owned corporations

  • Altering the mortgage lending process by unfolding the mortgage market: unbundling the origination, funding, and servicing components so they could be carried out by separate companies

  • And much more

Along the way, this reliable resource explains the events that have shaped financial markets, firms, and products over the past forty years, and have hurt Wall Street over the past three. It also explores the evolution of Wall Street, shows the logical sequence of events that brought us to this point, and offers insights on how to fix some of the problems we face.

The Wall Street business model effectively broke. But there are many lessons to be learned from what has transpired, and this book will show you what they are—helping you avoid getting caught up in financial origami and the extreme of taking good ideas and running them into the ground.

"About this title" may belong to another edition of this title.

Bibliographic Details

Title: Financial Origami: How the Wall Street Model...
Publisher: Bloomberg Press
Binding: Hardcover
Book Condition: New

Top Search Results from the AbeBooks Marketplace

1.

Moynihan, Brendan
Published by Bloomberg Press
ISBN 10: 1118001818 ISBN 13: 9781118001813
Used Hardcover Quantity Available: 1
Seller
Motor City Books
(Brownstown, MI, U.S.A.)
Rating
[?]

Book Description Bloomberg Press. Hardcover. Book Condition: Fair. Bookseller Inventory # G1118001818I5N00

More Information About This Seller | Ask Bookseller a Question

Buy Used
£ 3.70
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

2.

Moynihan, Brendan
Published by Bloomberg Press
ISBN 10: 1118001818 ISBN 13: 9781118001813
Used Hardcover Quantity Available: 1
Seller
Free State Books
(Halethorpe, MD, U.S.A.)
Rating
[?]

Book Description Bloomberg Press. Hardcover. Book Condition: Very Good. Ex-Library Book - will contain Library Markings. This copy shows very minor wear. Bookseller Inventory # G1118001818I4N10

More Information About This Seller | Ask Bookseller a Question

Buy Used
£ 3.70
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

3.

Brendan Moynihan
Published by Bloomberg Press (2011)
ISBN 10: 1118001818 ISBN 13: 9781118001813
Used First Edition Quantity Available: 1
Seller
Better World Books: West
(Reno, NV, U.S.A.)
Rating
[?]

Book Description Bloomberg Press, 2011. Book Condition: Good. 1st Edition. N/A. Ships from Reno, NV. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP87500529

More Information About This Seller | Ask Bookseller a Question

Buy Used
£ 3.70
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

4.

Brendan Moynihan
Published by Bloomberg Press (2011)
ISBN 10: 1118001818 ISBN 13: 9781118001813
Used First Edition Quantity Available: 2
Seller
Better World Books
(Mishawaka, IN, U.S.A.)
Rating
[?]

Book Description Bloomberg Press, 2011. Book Condition: Good. 1st Edition. N/A. Former Library book. Shows some signs of wear, and may have some markings on the inside. Bookseller Inventory # GRP69178244

More Information About This Seller | Ask Bookseller a Question

Buy Used
£ 3.70
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

5.

Moynihan, Brendan
Published by Bloomberg Press
ISBN 10: 1118001818 ISBN 13: 9781118001813
New Hardcover Quantity Available: 1
Seller
My Emporium
(Belvidere, IL, U.S.A.)
Rating
[?]

Book Description Bloomberg Press. Hardcover. Book Condition: New. 1118001818 Book is New. Bookseller Inventory # SKU1027913

More Information About This Seller | Ask Bookseller a Question

Buy New
£ 2.48
Convert Currency

Add to Basket

Shipping: £ 3.21
Within U.S.A.
Destination, Rates & Speeds

6.

Brendan Moynihan
ISBN 10: 1118001818 ISBN 13: 9781118001813
Used Quantity Available: 1
Seller
Castle Rock
(Pittsford, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: Good. Book Condition: Good. Bookseller Inventory # 97811180018134.0

More Information About This Seller | Ask Bookseller a Question

Buy Used
£ 7.40
Convert Currency

Add to Basket

Shipping: £ 3.21
Within U.S.A.
Destination, Rates & Speeds

7.

Moynihan, Brendan
Published by John Wiley & Sons
ISBN 10: 1118001818 ISBN 13: 9781118001813
New Hardcover Quantity Available: 1
Seller
Kennys Bookstore
(Olney, MD, U.S.A.)
Rating
[?]

Book Description John Wiley & Sons. Book Condition: New. 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. Series: Bloomberg. Num Pages: 192 pages, Illustrations. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 238 x 163 x 20. Weight in Grams: 358. . 2011. Hardcover. . . . . Books ship from the US and Ireland. Bookseller Inventory # 9781118001813

More Information About This Seller | Ask Bookseller a Question

Buy New
£ 10.80
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

8.

Moynihan, Brendan
Published by John Wiley & Sons (2011)
ISBN 10: 1118001818 ISBN 13: 9781118001813
New Hardcover Quantity Available: 1
Rating
[?]

Book Description John Wiley & Sons, 2011. Book Condition: New. 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. Series: Bloomberg. Num Pages: 192 pages, Illustrations. BIC Classification: KFFM. Category: (P) Professional & Vocational. Dimension: 238 x 163 x 20. Weight in Grams: 358. . 2011. Hardcover. . . . . . Bookseller Inventory # 9781118001813

More Information About This Seller | Ask Bookseller a Question

Buy New
£ 11.08
Convert Currency

Add to Basket

Shipping: FREE
From Ireland to U.S.A.
Destination, Rates & Speeds

9.

Brendan Moynihan
ISBN 10: 1118001818 ISBN 13: 9781118001813
New Quantity Available: 1
Seller
Castle Rock
(Pittsford, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: Brand New. Book Condition: Brand New. Bookseller Inventory # 97811180018131.0

More Information About This Seller | Ask Bookseller a Question

Buy New
£ 9.91
Convert Currency

Add to Basket

Shipping: £ 3.21
Within U.S.A.
Destination, Rates & Speeds

10.

ISBN 10: 1118001818 ISBN 13: 9781118001813
New Quantity Available: 3
Seller
BWB
(Valley Stream, NY, U.S.A.)
Rating
[?]

Book Description Book Condition: New. Depending on your location, this item may ship from the US or UK. Bookseller Inventory # 97811180018130000000

More Information About This Seller | Ask Bookseller a Question

Buy New
£ 14.07
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

There are 19 more copies of this book

View all search results for this book