Christine S. Richard: Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff


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An expose on the delusion, greed, and arrogance that led to America's credit crisis 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 Wall Street Journal and New York Times, 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. * Unravels the story of the credit crisis through an engaging and human drama * Draws on unprecedented access to one of Wall Street's best-known investors * Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster Confidence Game is a real world "Emperor's New Clothes," a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression.

Recalls the best of scientist/essayists like Richard Dawkins . . . and Stephen Jay Gould. Science and adventure are electrifying accomplices in Jules Verne's classic Twenty Thousand Leagues Under the Sea. This epic and enduring tale anticipates not just wonders such as electric light and submarine navigation, but the obsession with technology and travel that today so shapes our lives. It is Verne's inspired Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff ebook pdf foresight, combined with his extraordinary talent for storytelling, that continue to make this novel such a compelling read. The excitement this adventure caused around the world when it was first published 150 years ago can still be very easily imagined indeed in the 21st century.Illustrated by Edouard Riou, with an Afterword by David Stuart Davies. A follow-up to Haynes' hugely successful "U.S.S. Enterprise Manual", this book reveals the secrets of the Klingon Empire's formidable Bird of Prey starship. Taking the light B'rel-class scout as its main subject, this "Haynes Manual" contains brand new full-colour artwork, line art and photographs along with a comprehensive technical description and historic notes. Covering key technologies such as propulsion, weapons and the all-important cloaking device, this is the essential reference for all Klingon commanders, and their enemies.


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Author: Christine S. Richard
Number of Pages: 336 pages
Published Date: 15 Apr 2011
Publisher: John Wiley & Sons Inc
Publication Country: New York, United States
Language: English
ISBN: 9781118010419
Download Link: Click Here
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