The First Crash by Richard Dale
Throws light on the debate about investor rationality by re-examining the story of the South Sea Bubble from the standpoint of investors and commentators during and preceding the fateful Bubble year. This book describes the trading techniques of London's Exchange Alley (which included 'modern' transactions such as derivatives).
"Richard Dale.. picks a scholarly but readable path through the events that led to the collapse of shares in the infamous South Sea Company in 1720. Only the purblind could fail to draw some important parallels between the events of that year and the bubbles of the more recent past, not least the dot.com mania of five years ago."--Jonathan Davis, The Independent
Richard Dale is Emeritus Professor of International Banking at Southampton University, United Kingdom. His books include "Risk & Regulation in Global Securities Markets"; "International Banking Deregulation"; and "The Regulation of International Banking". He has been a Parliamentary advisor in the United Kingdom on financial regulatory policy and has testified before U.S. Congressional Committees on regulatory issues.
| SKU | Unavailable |
| ISBN 13 | 9780691119717 |
| ISBN 10 | 0691119716 |
| Title | The First Crash |
| Author | Richard Dale |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Princeton University Press |
| Year published | 2004-10-17 |
| Number of pages | 192 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |