[Online library] Financial Origami: How the Wall Street Model Broke (Bloomberg)






#2075920 in eBooks 2011-02-17 2011-02-17File Name: B004PGMI5U

2 of 2 people found the following review helpful. Good Financial EducationBy Chased VertuThis is an essential read for anyone interested in understanding the changes in markets/business since the 2008 crash. Cleverly laid out in a metaphor for folding paper the reader learns how equities, loans/bonds, and all kinds of 'insurance' derivatives are folded together to mitigate the risk of financial operatives. This book is a small price to pay to understand how "Wall Street" wants you to assume a'skillfully dissets financial engineering' Journal of Applied IT Investment ManagementFrom the Inside FlapThe simplicity of Wall Street's business model is often masked by the supposed complexity of its innovations. While the "financially engineered" products that Wall Street peddles to investorsAn in-depth look at the failure of Wall Street's "proven" financial models Origami is the Japanese art of folding paper into intricate and aesthetically attractive shapes. As such, it is the perfect metaphor for the Wall Street financial engineering model, which ultimately proved to be the underlying cause of the 2008 financial crisis. In Financial Origami, Brendan Moynihan describes how the Wall Street business model evolved from a method to transfer risk into a method for manufacturing risk. ...


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You can specify the type of files you want, for your gadget.Financial Origami: How the Wall Street Model Broke (Bloomberg)   |  Brendan Moynihan. Which are the reasons I like to read books. Great story by a great author.

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