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Hedge hogs the cowboy traders behind wall street's largest hedge fund disaster / Barbara T. Dreyfuss.

Dreyfuss, Barbara (Author).
E-book E-book (c2013.)
Description: 1 online resource (xxvii, 285 p.)
Publisher: New York : Random House, c2013.

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  • ISBN: 0679605010 (electronic bk.)
  • ISBN: 9780679605010 (electronic bk.)
  • Edition: 1st ed.
Bibliography, etc.: Includes bibliographical references and index.
Contents: Going all in -- The man from Calgary -- Lone Star gambler -- A fund for everyone -- Amaranth -- Widow maker -- Pitching to grandma -- The $100 million man -- King of gas -- Paying the (inflated) tab -- "Gonna get our faces ripped off" -- Pump and dump -- $6 billion squeeze -- "You're done".
Summary: -- Hedge Hogs Using emails, instant messages, court testimony, and exclusive interviews, securities analyst turned investigative reporter Barbara T. Dreyfuss charts the colliding paths of these two charismatic traders who dominated the speculative energy market. We follow Brian Hunter, the Canadian farm boy and elbows-out high school basketball star, as he achieves phenomenal early success, only to see his ambition, greed, and hubris precipitate his downfall. Set in relief is the journey of John Arnold, whose mild manner, sophisticated tastes, and low profile belied his own ferocious competitive streak. As the two clash, hundreds of millions of dollars in pension and endowment money is imperiled, with devastating public consequences. -- -- -- --Bloomberg "A telling insider's story on how hedge funds are playing high-stakes poker for massive personal profits and stealing the American Dream from average families . . . This is a case study that cries out for tougher crackdowns on the derivatives game. -- "-- -- Named One of the Top 10 Business & Economics Books of the Season by -- From the Hardcover edition.
Source of Description:
Description based on print version record.
Citation: Dreyfuss, Barbara. "Hedge hogs the cowboy traders behind wall street's largest hedge fund disaster." New York : Random House, 2013.
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