SKU: 77077466950

Demon of Our Own Design P

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Demon of Our Own Design PInside markets, innovation, and risk Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street from Morgan Stanley to Salomon and Citigroup and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier

Inside markets, innovation, and risk

Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street-from Morgan Stanley to Salomon and Citigroup-and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man's attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.



Binding Type: Paperback
Publisher: John Wiley & Sons
Published: 12/01/2008
ISBN: 9780470393758
Pages: 278
Weight: 0.79lbs
Size: 8.96h x 6.02w x 0.80d
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SKU: 77077466950

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john jeffrey elliott
Omaha, US
★★★★★ 1
TOO SMALL
Size: Medium, Color: Blue
Nice socks, but they are way too small. Says they fit size 6 - 10. I kept 3 ( I wear size 8) and gave 3 to my daughter (size 8.5). We both agreed that they were just too small.
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Reviewed in the United States on May 12, 2026
M
Verified Purchase
Mar Gee
Belleville, US
★★★★★ 5
Style and comfort
Size: Medium, Color: Black
Exactly what I was looking for. Style and sock thickness and comfort.
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Reviewed in the United States on December 14, 2025
A
Verified Purchase
Amazon Customer
Bozeman, US
★★★★★ 5
Comfortable
Size: Medium, Color: Blue
So comfortable! They stay up perfectly love love love
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Reviewed in the United States on December 7, 2025
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Lassiter Denton
Houston, US
★★★★★ 5
Great quality.
Size: Large, Color: (001) Black / Black / White
Thickness and comfort are great. Quality is great and the same I would expect if I bought at the branded storefront.
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Reviewed in the United States on March 11, 2026
J
Verified Purchase
Joseph Pratt
West Palm Beach, US
★★★★★ 5
Great product.
Size: Small, Color: (001) Black / Black / White
🙏🙏🙏
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Reviewed in the United States on May 16, 2026

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