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Traders, Guns and Money

Knowns and Unknowns in the Dazzling World of Derivatives

By Satyajit Das

(9)

| Paperback | 9780273731962

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Book Description

A sensational insider's view of the business of trading and marketing derivatives,this revised edition explains the frighteningly central role that derivatives ...

1 Review

1 person find this helpful

Fantastic book on those who are interested in how traders make money by taking advantage of innocent, ignorant, desperate clients. Over the years, investment banks constantly create structured products to help troubled clients prolong the inevitable financial loss, without warning them the real ris ... (continue)

Fantastic book on those who are interested in how traders make money by taking advantage of innocent, ignorant, desperate clients. Over the years, investment banks constantly create structured products to help troubled clients prolong the inevitable financial loss, without warning them the real risks. Although these products become increasingly complex, the principle is the same - package securities with embedded options, giving the client a false feeling they have purchased a high yielding, safe financial product. The book gives good and practical examples. Very funny too. Highly recommended, especially those who are being sold such products!

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tonyhk said on Mar 16, 2008 | Add your feedback