Confidence Game by Christine S Richard
Confidence Game is a tale about the dangerous delusions that humbled the largest financial institutions and plunged countries into recession. Its heart is the story of how hedge fund manager Bill Ackman warned that MBIA Inc. , a little-known insurance company, had guaranteed nearly a trillion dollars of debt.
"This a riveting account of a tenacious investor, incompetent/apathetic regulators & analysts and a company that hid information, deceived investors and used every connection it had in its attempts to silence himAt points this reads like a John Grisham novel except it actually happened. For me, this is the best of the melt down books to date hands down." Todd Sullivan, valueplays.net, April 2010 " ... Ackman s pursuit of MBIA spanned the two major crises of capitalism of the last decade, from the earlier era of corporate fraud prosecutions epitomized by Enron and its off-balance-sheet special purpose vehicles (SPVs), to the late credit debacle stemming from the collapse of the CDO house of cards." The Hedge Fund Law Report, May 2010
Christine S. Richard has covered financial markets in Washington, Hong Kong, Singapore, and New York. Her work on the bond insurers received awards from the Society of American Business Editors and Writers, the Deadline Club, the Newswoman's Club of New York, the New York Press Club, the New York State Society of Certified Public Accountants, and the National Association of Real Estate Editors. Her articles were included in a series on the municipal bond market that was nominated by Bloomberg News in 2007 for the Pulitzer Prize. She lives in Frenchtown, New Jersey, with her husband and their daughter.
| SKU | Unavailable |
| ISBN 13 | 9780470648278 |
| ISBN 10 | 0470648279 |
| Title | Confidence Game |
| Author | Christine S Richard |
| Series | Bloomberg |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | John Wiley and Sons Ltd |
| Year published | 2010-05-28 |
| Number of pages | 352 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |