Three Numbers
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The collapse of OptionSellers.com, where 290 clients lost a collective $150 million, was not a 'rogue wave' as its founder claimed. It was the predictable result of the Complexity Illusion-the pervasive belief that sophisticated strategies equal safety. This book chronicles how Wall Street manufactures confusion, from the disastrous interest rate swaps that bankrupted Jefferson County, Alabama, ...
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E-book
epub
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6.49 £
The collapse of OptionSellers.com, where 290 clients lost a collective $150 million, was not a 'rogue wave' as its founder claimed. It was the predictable result of the Complexity Illusion-the pervasive belief that sophisticated strategies equal safety. This book chronicles how Wall Street manufactures confusion, from the disastrous interest rate swaps that bankrupted Jefferson County, Alabama, ...
Read more
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