MARC Record from marc_columbia

LEADER: 02598cam a2200397Ia 4500
001 15593714
005 20220830114627.0
008 110411t20112000nyua b 001 0 eng d
035 $a(OCoLC)ocn712021990
040 $aSPP$beng$cSPP$dOCLCF$dWEX$dOCLCO$dUX1$dOCLCQ$dCIB$dSISMU$dOCLCQ$dCSJ$dOCLCQ$dUOK
019 $a1057018353
020 $a0375758259$q(pbk.)
020 $a9780375758256$q(pbk.)
035 $a(OCoLC)712021990$z(OCoLC)1057018353
043 $an-us---
050 4 $aHG4930$b.L69 2011
082 14 $a332.6
049 $aZCUA
100 1 $aLowenstein, Roger.
245 10 $aWhen genius failed :$bthe rise and fall of Long-Term Capital Management /$cRoger Lowenstein.
250 $aRandom House Trade pbk. ed.
260 $aNew York :$bRandom House Trade Paperbacks,$c2011, ©2000.
300 $axxi, 272 pages :$billustrations ;$c20 cm
336 $atext$btxt$2rdacontent
337 $aunmediated$bn$2rdamedia
338 $avolume$bnc$2rdacarrier
500 $aIncludes new afterward by the author addressing today's financial crisis.
504 $aIncludes bibliographical references (pages 245-260) and index.
520 $aIn this business classic-now with a new Afterword in which the author draws parallels to the recent financial crisis-Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term{8217}s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term{8217}s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later.
505 0 $aThe rise of long-term capital management -- The fall of long-term capital management.
650 0 $aHedge funds$zUnited States.
650 7 $aHedge funds.$2fast$0(OCoLC)fst00954442
651 7 $aUnited States.$2fast$0(OCoLC)fst01204155
710 2 $aLong-term Capital Management (Firm)
852 00 $boff,bus$hHG4930$i.L69 2011g
852 00 $bbus$hHG4930$i.L69 2011g