Overview
How I Caused the Credit Crunch traces seven years at the forefront of the credit markets - a tale from the heart of the bewildering banking maelstrom whose catastrophic collapse has plunged the world towards the worst recession since the 1930s. Tetsuya Ishikawa's story reveals how a young Oxford graduate finds himself in command of vast sums of other people's money; how a novice to the mysteries of hedge funds, subprime mortgages and CDOs can fix complex deals for billions of dollars in exclusive bars, brothels and trading floors of London, New York, Frankfurt and Tokyo, and reap the benefits in a colossal annual bonus and an international luxury lifestyle. Ishikawa's book deftly explains the arcane financial instruments now grimly associated with the credit crunch. It is both a tale of lost innocence and an expose of the disturbing truth of the collective folly, frailty and greed at the heart of the banking crisis.
Full Product Details
Author: Tetsuya Ishikawa
Publisher: Icon Books
Imprint: Icon Books
Dimensions:
Width: 12.90cm
, Height: 2.80cm
, Length: 19.80cm
Weight: 0.272kg
ISBN: 9781848310674
ISBN 10: 1848310676
Pages: 368
Publication Date: 02 April 2009
Audience:
General/trade
,
General
Format: Paperback
Publisher's Status: Active
Availability: Temporarily unavailable
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.
Reviews
'Anticipate brisk sales - this book succeeds as a lesson on the credit mess.' -- Bloomberg How I Caused the Credit Crunch' is worth reading.' -- Sathnam Sanghera, Times 'Sets a high standard for others to follow.' -- Creditflux 'If you liked 'Liar's Poker,' Michael Lewis' seminal book on the financial excesses of the 1980's, then this book is for you.' -- Uk Analyst 'Taking the bestseller lists by storm... Ishikawa's book is a vital reminder that financial markets are not the workings of cold mechanical forces, but of warm flesh and blood.' -- Transforming Business 'Told in a riveting manner. The narrative promises to grip the reader.' -- Daksesh Parikh, Business India
`Anticipate brisk sales - this book succeeds as a lesson on the credit mess.' -- Bloomberg ``How I Caused the Credit Crunch' is worth reading.' -- Sathnam Sanghera, Times `Sets a high standard for others to follow.' -- Creditflux `If you liked `Liar's Poker,' Michael Lewis' seminal book on the financial excesses of the 1980's, then this book is for you.' -- Uk Analyst `Taking the bestseller lists by storm.... Ishikawa's book is a vital reminder that financial markets are not the workings of cold mechanical forces, but of warm flesh and blood.' -- Transforming Business `Told in a riveting manner. The narrative promises to grip the reader.' -- Daksesh Parikh, Business India
Author Information
Tetsuya Ishikawa, Japanese by birth, grew up in London and attended Eton College before reading Philosophy, Politics and Economics at Oxford University. Throughout his banking career, which included Goldman Sachs, Morgan Stanley and ABN AMRO, he structured, syndicated and sold Credit Derivative, CDO and Securitisation (including subprime) products to investors globally. He was made redundant by Morgan Stanley in May 2008. He currently lives in London with his wife and children.
