Panic! : The Story of Modern Financial Insanity (Hardcover)

Author: Lewis, Michael

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The Story of Modern Financial Insanity

A masterful account of today's money culture, showing how the underpricing of risk leads to catastrophe.

When it comes to markets, the first deadly sin is greed. Michael Lewis is our jungle guide through five of the most violent and costly upheavals in recent financial history: the crash of '87, the Russian default (and the subsequent collapse of Long-Term Capital Management), the Asian currency crisis of 1999, the Internet bubble, and the current sub-prime mortgage disaster. With his trademark humor and brilliant anecdotes, Lewis paints the mood and market factors leading up to each event, weaves contemporary accounts to show what people thought was happening at the time, and then, with the luxury of hindsight, analyzes what actually happened and what we should have learned from experience.

Specifications

Publisher W W Norton & Co Inc
Mfg Part# 9780393065145
SKU 208067396
Format Hardcover
ISBN10 0393065146
Release Date 11/1/2008
Product Attributes
Book Format Hardcover
Number of Pages 0391
Publisher W. W. Norton & Company
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