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F.I.A.S.C.O.: The Inside Story of a Wall Street Trader

by Frank Partnoy

2020-12-31 15:18:04

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FIASCO is the shocking story of one man''s education in the jungles of Wall Street. As a young derivatives salesman at Morgan Stanley, Frank Partnoy learned to buy and sell billions of dollars worth of securities that were so complex many traders the... Read more
FIASCO is the shocking story of one man''s education in the jungles of Wall Street. As a young derivatives salesman at Morgan Stanley, Frank Partnoy learned to buy and sell billions of dollars worth of securities that were so complex many traders themselves didn''t understand them. In his behind-the-scenes look at the trading floor and the offices of one of the world''s top investment firms, Partnoy recounts the macho attitudes and fiercely competitive ploys of his office mates. And he takes us to the annual drunken skeet-shooting competition, FIASCO, where he and his colleagues sharpen the killer instincts they are encouraged to use against their competitiors, their clients, and each other.

FIASCO is the first book to take on the derivatves trading industry, the most highly charged and risky sector of the stock market. More importantly, it is a blistering indictment of the largely unregulated market in derivatives and serves as a warning to unwary investors about real fiascos, which have cost billions of dollars.

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Book Details

File size7.7 X 5 X 0.63 in
Print pages288
PublisherPenguin Publishing Group
Publication date February 28, 1999
LanguageEnglish
ISBN9780140278798
autor-image
Frank Partnoy
Author
Frank Partnoy is the George E. Barrett Professor of Law and Finance at the University of San Diego School of Law. His books include F.I.A.S.C.O., Infectious Greed, and The Match King. His next book,...

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