- Shopping Bag ( 0 items )
Posted June 14, 2009
A book for our times
The collective GDP of the entire world is something like 65-70 trillion dollars, but the amount of money involved in derivatives trades is something like 400-600 trillion dollars. Yet we read in the papers that insiders of the banking industry are resistant to regulation of derivatives.
Derivatives are difficult for the layman to understand, but this insider's book on the derivatives industry gives us a basic understanding of how easily derivatives can be misused and abused, and how in this Great Recession so many of us are paying the price for that abuse.
Investment bankers may not want you to read this book, but I do.
1 out of 1 people found this review helpful.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.
Posted November 9, 2013
Posted January 2, 2010
No text was provided for this review.