Infectious Greed
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Infectious Greed : How Deceit and Risk Corrupted the Financial Markets

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Description

First published in 2003, Infectious Greed examined how our greed-driven culture led to the generation of massive profits, but also to unprecedented levels of risk, widespread deception, and high profile disasters like Enron and Worldcom. In the wake of the 2008-9 financial crisis, Partnoy's analysis of how major companies obscured the reality from shareholders by disguising risk and side-stepping regulations, is more pertinent than ever. Beginning in the mid-1980s with the introduction of the first proto-derivatives, Partnoy gives an intelligent and thorough account of the dangerous manipulations that have and continue to come to light.

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Product details

  • Paperback | 496 pages
  • 129 x 198 x 31mm | 340g
  • Profile Books Ltd
  • London, United Kingdom
  • 1846682932
  • 9781846682933
  • 513,688

Review quote

A sweeping account...Exemplary -- William Leith Evening Standard Partnoy's account of what happened within these companies will send a shiver down the spine of anyone with a humble investment in a unit or investment trust The Scotsman Illuminating ... Partnoy tells a complicated story with verve and clarity. Sunday Telegraph

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About Frank Partnoy

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.

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