Derivatives trading has played a huge part in the global credit crunch that is the biggest story in the world. This book gives a vivid and shocking account of the vicious competition, raw machismo and dirty tricks at work in the riskiest sector of the stock market. It includes a chapter covering this, and various other scandals.
Frank Partnoy is the George E. Barrett Professor of Law and Finance at the University of San Diego School of Law. His books include F.I.A.S.C.O., Infectious Greed, and The Match King. His next book, Wait, will examine snap decision making. Professor Partnoy writes regularly for The New York Times and the Financial Times, and has appeared on numerous media programs, including 60 Minutes, The NewsHour, and The Daily Show with Jon Stewart. He has degrees in mathematics and economics from The University of Kansas, and a J.D. from Yale Law School.