About the productDetails| Number Of Pages | 334 |
| Year | 2006 |
| Publisher | Ft Pr |
| Isbn/Issn | 9780273704744 |
| Author | Satyajit Das |
| Cover Type | Soft Cover |
| Language | English |
DescriptionAbout our used conditions ratings:·Like New: An apparently unread copy in excellent condition. The dust cover is intact, and the pages are clean and not marred by notes or folds of any kind.·Very Good: A copy that has been read, but remains in excellent condition. May have writing on the inside cover but pages are unmarred.·Good: A copy that has been read, but remains in clean condition. All pages and covers are intact. The spine may show signs of wear. Pages can include limited notes and highlighting, and the copy can include "From the library of" labels or previous owner inscriptions. Traders Guns and Money is a wickedly comic expose of the culture, games and pure deceptions played out every day in trading rooms around the world. And played out with other people's money. A sensational insider's view of the business of trading and marketing derivatives, this revised edition explains the frighteningly central role that derivatives and financial products played in the global financial crisis. This worldwide bestseller reveals the truth about derivatives: those financial tools memorably described by Warren Buffett as financial weapons of mass destruction'. Traders, Guns and Money will introduce you to the players and the practices and reveals how the real money is made and lost. The global financial crisis took almost everyone by surprise and even now new problems keep appearing and solutions continue to be elusive. In the original version of Traders, Guns and Money , Satyajit Das provided a highly prescient insight into the structure and risk of the world financial system exposing the problems that are becoming readily apparent. In a 2006 speech The Coming Credit Crash Das argued that: "an informed analysis shows that risk is not better spread but more leveraged and (arguably) more concentrated. This does not improve the overall stability and security of the financial system but exposes it to increased risk of a "crash." " 1.5 pounds