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|  | Author: Richard Bookstaber
Publisher: Wiley
List Price: $16.95
Buy New: $9.60
as of 11/24/2009 02:11 CST details
You Save: $7.35 (43%)
New (36) Used (18) from $5.33
Seller: --textbooksrus--
Rating:  64 reviews
Sales Rank: 55063
Languages: English (Original Language), English (Unknown), English (Published)
Media: Paperback
Pages: 304
Number Of Items: 1
Shipping Weight (lbs): 0.8
Dimensions (in): 8.9 x 5.9 x 0.9
ISBN: 0470393750
Dewey Decimal Number: 332
EAN: 9780470393758
ASIN: 0470393750
Publication Date: December 10, 2008
Availability: Usually ships in 1-2 business days
Condition: Ships SAME or NEXT business day. We Ship to APO/FPO addr. Choose EXPEDITED shipping and receive in 2-5 business days. See our member profile for customer support contact info.
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| Customer Reviews:
Showing reviews 11-15 of 64
 A demon of our own design February 9, 2009
Fred A. Kisiel (Carlsbad, ca United States)
2 out of 5 found this review helpful
Describes today's economic crisis in layman terms. The book includes definitions of derivatives that I was aware of but not quite sure how they fit into current problems. Highly recommended for those who want to know more than what is heard through the airwaves or in print.
excellent overview of risk management January 28, 2009
rwk (Portland, Oregon)
1 out of 4 found this review helpful
I really liked this book. It is easy reading and offers the best coverage I have seen of sources of financial risk. I bought the book mostly looking for insight into the current financial crisis, but I found much more that I can use well beyond the latest fiasco.
Fascinating book...well worth the read January 28, 2009
Ev Nucci
2 out of 4 found this review helpful
I found Rick's book fascinating. For a Ph.D from MIT, I thought he did a great job communicating issues less sophisticated readers could understand. He walks you through his career from Salomon Brothers to the Hedge Fund World, he shares his mistakes as well as his colleagues, and he invites you to learn from his foresight of financial modeling products; then his hindsight of financial engineering on Wall Street and its ramifications in the world. Well worth the read.
Rare insider's view December 15, 2008
misterbeets (Safe Harbor, MD USA)
3 out of 7 found this review helpful
The author's point of view is surprisingly neutral. He has nothing to sell except his belief that the changes in the markets over the last twenty years have increased susceptibility to huge price drops. This is due to the need to sell into a falling market, a common feature of hedging strategies based on derivatives such as market indexes. He exposes so many sophisticated schemes used by professionals that amateurs ought to be afraid to ever trade again. However, he says nothing about the credit bubble that undoubtedly existed at the time the book was written, and whose bursting showed that risk reduction strategies above work only when not widely used.
 Pretty complex, but interesting December 13, 2008
J. Bennett (Sunny California)
0 out of 1 found this review helpful
There were a lot of interesting side stories. In fact I liked them better than the financial stuff. Great context for blow ups in markets. A little too much technical detail for me in the long run.
Showing reviews 11-15 of 64
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