Description: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 disasterConfidence 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff. To get started finding Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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0470873302
Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff
Description: 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 disasterConfidence 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.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff. To get started finding Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.