Read How To Be a Rogue Trader: A Penguin Special from Portfolio

How To Be a Rogue Trader: A Penguin Special from Portfolio

Mariet Westermann

4.9/5 (23567 ratings)

Description:A compelling, topical e-book on the motives and patterns of rogue traders, and the investment banking system that hosts them, by John Gapper of the "Financial Times." Nick Leeson at Barings. Jerome Kerviel at Societe Generale. John Rusnak at Allied Irish Banks. And now the thirty-one-year-old Kweku Adoboli, a director on a derivatives desk who allegedly ran up $2.3 billion in losses at UBS. These are the rogue traders who have bought banks to their knees and global financial systems to a halt. Each time, the banks declare themselves to be innocent victims of a fraud. But why do traders keep on committing apparently senseless crimes, with little benefit apart from higher bonuses and an enormous risk of ending up in prison? And why do banks, which should have learned the tricks of the traders, keep being deceived? In this short e-book, the "Financial Times" associate editor John Gapper unlocks the mystery by delving into the evolutionary risk-taking instincts of both humans and animals--from yellow-eyed junco sparrows in Arizona to honeybees. He reveals how banks encourage their traders to evade risk limits and shows how the rogue traders merely mimic the strategies used by their firms to seem more profitable than they really are. A rogue trader is often an outsider who starts in a lowly role and secretly gambles with a bank's money in a bid to become a star. Gapper traces patterns of behaviour and personality that could be used to catch them before disaster strikes. But do the banks really want to? And are the rogue traders just the symptoms of a financial system gone rogue?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 How To Be a Rogue Trader: A Penguin Special from Portfolio. To get started finding How To Be a Rogue Trader: A Penguin Special from Portfolio, 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.

Pages: —

Format: PDF, EPUB & Kindle Edition

Publisher: Portfolio

Release: 2011

ISBN: 110157092X

Description: A compelling, topical e-book on the motives and patterns of rogue traders, and the investment banking system that hosts them, by John Gapper of the "Financial Times." Nick Leeson at Barings. Jerome Kerviel at Societe Generale. John Rusnak at Allied Irish Banks. And now the thirty-one-year-old Kweku Adoboli, a director on a derivatives desk who allegedly ran up $2.3 billion in losses at UBS. These are the rogue traders who have bought banks to their knees and global financial systems to a halt. Each time, the banks declare themselves to be innocent victims of a fraud. But why do traders keep on committing apparently senseless crimes, with little benefit apart from higher bonuses and an enormous risk of ending up in prison? And why do banks, which should have learned the tricks of the traders, keep being deceived? In this short e-book, the "Financial Times" associate editor John Gapper unlocks the mystery by delving into the evolutionary risk-taking instincts of both humans and animals--from yellow-eyed junco sparrows in Arizona to honeybees. He reveals how banks encourage their traders to evade risk limits and shows how the rogue traders merely mimic the strategies used by their firms to seem more profitable than they really are. A rogue trader is often an outsider who starts in a lowly role and secretly gambles with a bank's money in a bid to become a star. Gapper traces patterns of behaviour and personality that could be used to catch them before disaster strikes. But do the banks really want to? And are the rogue traders just the symptoms of a financial system gone rogue?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 How To Be a Rogue Trader: A Penguin Special from Portfolio. To get started finding How To Be a Rogue Trader: A Penguin Special from Portfolio, 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.

Special Offer | $0.00

Special Offer! | $0.00

How To Be a Rogue Trader: A Penguin Special from Portfolio

How To Be a Rogue Trader: A Penguin Special from Portfolio

More Books

A Worldly Art: The Dutch Republic, 1585-1718

A Worldly Art: The Dutch Republic, 1585-1718

Johannes Vermeer 1632-1675

Johannes Vermeer 1632-1675

Rembrandt (Phaidon Art and Ideas)

Rembrandt (Phaidon Art and Ideas)

Worldly Art, 1585-1718 by Westermann, Mariët (1996) Paperback

Worldly Art, 1585-1718 by Westermann, Mariët (1996) Paperback

The Amusements of Jan Steen: Comic Painting in the Seventeenth Century

The Amusements of Jan Steen: Comic Painting in the Seventeenth Century

Art and Home: Dutch Interiors in the Age of Rembrandt by Mariet Westermann (2001-01-01)

Art and Home: Dutch Interiors in the Age of Rembrandt by Mariet Westermann (2001-01-01)

Sound, Silence, and Modernity in Dutch Pictures of Manners: The Watson Gordon Lecture 2007 by Mariet Westermann (2010-01-08)

Sound, Silence, and Modernity in Dutch Pictures of Manners: The Watson Gordon Lecture 2007 by Mariet Westermann (2010-01-08)

Art and Home: Dutch Interiors in the Age of Rembrandt by Mariet Westermann (2002-07-15)

Art and Home: Dutch Interiors in the Age of Rembrandt by Mariet Westermann (2002-07-15)

Worldly Art, 1585-1718

Worldly Art, 1585-1718