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About Confidence Game
<p><b>An expos? on the delusion, greed, and arrogance that led to America's credit crisis</b><p>The 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 <i>Wall Street Journal</i> and <i>New York Times</i>, 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.<ul><li>Unravels the story of the credit crisis through an engaging and human drama<li>Draws on unprecedented access to one of Wall Street's best-known investors<li>Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening...
Detailed Information
| Author: | Christine S. Richard |
|---|---|
| Publication Year: | 2010 |
| Language: | other |
| File Size: | 0.6695 |
| Format: | |
| Price: | FREE |
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