Fiasco: The Inside Story Of A Wall Street Trader by Frank PartnoyFiasco: The Inside Story Of A Wall Street Trader by Frank Partnoy

Fiasco: The Inside Story Of A Wall Street Trader

byFrank Partnoy

Paperback | February 1, 1999

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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 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.

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: The Inside Story Of A Wall Street TraderFormat:PaperbackDimensions:288 pages, 7.7 × 5 × 0.66 inPublished:February 1, 1999Publisher:Penguin Publishing GroupLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0140278796

ISBN - 13:9780140278798

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Reviews

Rated 4 out of 5 by from Read like a novel except it actually happened fascinating read into what happened in the world of finance
Date published: 2017-04-17

Table of Contents

Preface
1 A Better Opportunity
2 The House of Cards
3 Playing Dice
4 A Mexican Bank Fiesta
5 F.I.A.S.C.O.
6 The Queen of RAVs
7 Don’t Cry for Me, Argentina
8 The Odd Couple
9 The Tequila Effect
10 MX
11 Sayonara
Epilogue
Postscript

From Our Editors

Frank Portnoy’s high-stress, adrenaline-charged experiences on the floor in a dynamic Wall Street company makes for compelling reading. Handling the high-stakes industry of derivatives, Portnoy learned the shocking ins and outs of the competitive and often venomous world of investment firms. His insider knowledge and hair-raising exposé of the ugly attitudes behind the big bucks makes Fiasco a terrific look at high-powered business.