Fiasco: Blood In The Water On Wall Street by Frank PartnoyFiasco: Blood In The Water On Wall Street by Frank Partnoy

Fiasco: Blood In The Water On Wall Street

byFrank Partnoy

Paperback | March 24, 2009

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A classic of its kind, Frank Partnoy’s best-selling FIASCO takes readers inside the rollicking world of derivatives on Wall Street during the mid-1990s. The book tracks Partnoy’s success as a young Morgan Stanley employee who quickly becomes steeped in a culture that treats client as targets to be “blown up” or have their faces “ripped off.” A decade later FIASCO remains one of the most damning and prescient pictures of the speculative frenzies that grip Wall Street and the victims they can leave in their wake. In Partnoy’s case they include well-publicized losses at Orange County, Barings, and Procter & Gamble, among others. A new epilogue written for this edition brings Partnoy’s story—as well as the story of derivatives—up to the present.
Frank Partnoy is the author of Infectious Greed and The Match King. He has written for the Financial Times, the New York Times, and Portfolio. He teaches law at the University of San Diego, where he lives.
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Title:Fiasco: Blood In The Water On Wall StreetFormat:PaperbackDimensions:272 pages, 8.25 × 5.5 × 0.75 inPublished:March 24, 2009Publisher:WW NortonLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0393336816

ISBN - 13:9780393336818

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Editorial Reviews

It’s hard to imagine a better explanation of how clients can be misled into believing that these sophisticated hedging instruments are safe investments. — Worth