Codes of Finance: Engineering Derivatives in a Global Bank

5c4ed7c8ca9ad.jpeg Author Vincent Antonin Lépinay
Isbn 9780691151502
File size 3.6MB
Year 2011
Pages 312
Language English
File format PDF
Category Economics

Book Description:

The financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. In Codes of Finance, Vincent Antonin Lépinay, a former employee of one of the world's leading investment banks, takes readers behind the scenes of the equity derivatives business at the bank before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instruments--and of how they ultimately created havoc inside and outside the bank.



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