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Fiasco

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Behind-the-scenes look at Wall Street's trading floor.

Fiasco is a must-read for anyone considering a career in finance or curious about the derivatives trading industry. Frank Partnoy provides a shocking exposé of the industry's dark side, with a rare glimpse into the offices and trading floor of Morgan Stanley. The book's most unique and distinctive feature is the annual drunken skeet-shooting competition, FIASCO, which serves as a metaphor for the cutthroat and competitive culture of the industry. If you want to learn about the risks and consequences of investing in derivatives, Fiasco is an eye-opening account that could save you billions of dollars.

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

Fiasco

Regular price ₱622.80 Now ₱436.05 Save 30%
Unit price
per
ISBN: 9780140278798
Authors: Frank Partnoy
Date of Publication: 1999-02-01
Format: Paperback
Related Topics: Finance, Biography, Memoir, Finance
Goodreads rating: 3.92
(rated by 2141 readers)

Description

FIASCO is the shocking story of one man's education in the jungles of Wall Street. As a young derivatives salesman at Morgan Stanley, Frank Partnoy learned to buy and sell billions of dollars worth of securities that were so complex many traders themselves didn't understand them. In his behind-the-scenes look at the trading floor and the offices of one of the world's top investment firms, Partnoy recounts the macho attitudes and fiercely competitive ploys of his office mates. And he takes us to the annual drunken skeet-shooting competition, FIASCO, where he and his colleagues sharpen the killer instincts they are encouraged to use against their competitiors, their clients, and each other. FIASCO is the first book to take on the derivatves trading industry, the most highly charged and risky sector of the stock market. More importantly, it is a blistering indictment of the largely unregulated market in derivatives and serves as a warning to unwary investors about real fiascos, which have cost billions of dollars.
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Behind-the-scenes look at Wall Street's trading floor.

Fiasco is a must-read for anyone considering a career in finance or curious about the derivatives trading industry. Frank Partnoy provides a shocking exposé of the industry's dark side, with a rare glimpse into the offices and trading floor of Morgan Stanley. The book's most unique and distinctive feature is the annual drunken skeet-shooting competition, FIASCO, which serves as a metaphor for the cutthroat and competitive culture of the industry. If you want to learn about the risks and consequences of investing in derivatives, Fiasco is an eye-opening account that could save you billions of dollars.

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.