Confidence Game

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

Business & Finance, Finance & Investing, Finance
Cover of the book Confidence Game by Christine S. Richard, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Christine S. Richard ISBN: 9780470873304
Publisher: Wiley Publication: March 25, 2010
Imprint: Bloomberg Press Language: English
Author: Christine S. Richard
ISBN: 9780470873304
Publisher: Wiley
Publication: March 25, 2010
Imprint: Bloomberg Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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.

More books from Wiley

Cover of the book An Executive's Guide to Fundraising Operations by Christine S. Richard
Cover of the book A Companion to the Archaeology of the Roman Republic by Christine S. Richard
Cover of the book A Companion to Greek and Roman Sexualities by Christine S. Richard
Cover of the book ICWIM 5, Proceedings of the International Conference on Heavy Vehicles by Christine S. Richard
Cover of the book Sound Visualization and Manipulation by Christine S. Richard
Cover of the book Building Websites All-in-One For Dummies by Christine S. Richard
Cover of the book The Anti-Corruption Handbook by Christine S. Richard
Cover of the book Financial Management and Accounting Fundamentals for Construction by Christine S. Richard
Cover of the book iPad and iPhone For Musicians For Dummies by Christine S. Richard
Cover of the book Secrets and Lies by Christine S. Richard
Cover of the book The Romantic Poetry Handbook by Christine S. Richard
Cover of the book Writing Fiction For Dummies by Christine S. Richard
Cover of the book Green and Sustainable Advanced Materials by Christine S. Richard
Cover of the book Culture in Networks by Christine S. Richard
Cover of the book Manual of Construction Project Management by Christine S. Richard
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy