Fool's Gold

Fool's Gold

How the Bold Dream of A Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed A Catastrophe

Book - 2009
Average Rating:
3
Rate this:
Traces the relationship between a team of JP Morgan banking gurus and the current financial crisis, documenting their invention of a bold variety of allegedly risk-free investments that sparked a frenzy in the banking world and may have directly contributed to the market crash.
Published: New York : Free Press, 2009.
Edition: 1st Free Press hardcover ed.
ISBN: 9781416598572
141659857X
Branch Call Number: 332.6609 TET
Characteristics: x, 293 p. ;,24 cm.

Opinion

From the critics


Community Activity

Comment

Add a Comment

f
fdb045
Jul 29, 2015

Excellent book explaining financial derivatives; their history and abuse.

rdelrosso2001 Dec 10, 2014

Very clear and concise explanation of how derivatives "got on steroids", and combined with a lack of regulation pushed the economy into Recession and almost another Great Depression.

I hope the Fed Chairwoman and others in power read this book.

s
StarGladiator
Jun 04, 2013

[Update 2014: From 2008 to this very week of November, 2014, JPMorgan Chase, or Chase, has been fined repeatedly for various types of financial fraud, completely invalidating everything in this book, showing Ms. Tett to be a complete farce and fraudster for ever writing such completely fictional nonsense. For the very latest on Chase and their massive, massive securities fraud, please see Matt Taibbi's latest article: http://www.rollingstone.com/politics/news/the-9-billion-witness-20141106 and, http://jpmadoff.com/ [Among the six or seven banks now found guilty of LIBOR rigging: JPMorgan Chase, of course!]

Age

Add Age Suitability

There are no ages for this title yet.

Summary

Add a Summary

There are no summaries for this title yet.

Notices

Add Notices

There are no notices for this title yet.

Quotes

Add a Quote

There are no quotes for this title yet.

Explore Further

Browse by Call Number Find Series Titles and Similar Books With Novelist

Recommendations

Subject Headings

  Loading...

Find it at DBRL

  Loading...
[]
[]
To Top