7 books on the list
Sort by
Latest Recommendations First
Layout
The financial crisis has been blamed on reckless bankers, irrational exuberance, government support of mortgages for the poor, financial deregulation, and expansionary monetary policy. Specialists in banking, however, tell a story with less emotional resonance but a better correspondence to the evidence: the crisis was sparked by the international ...
Matt Levine
2023-01-12T14:22:00.000Z"Hell is empty, and all the devils are here." -Shakespeare, The TempestAs soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?According to Bethany M...
Matt Levine
2023-01-12T14:22:00.000Z
Slapped by the Invisible Hand
The Panic of 2007 (Financial Management Association Survey and Synthesis)
Originally written for a conference of the Federal Reserve, Gary Gorton's "The Panic of 2007" garnered enormous attention and is considered by many to be the most convincing take on the recent economic meltdown. Now, in Slapped by the Invisible Hand, Gorton builds upon this seminal work, explaining how the securitized-banking system, the nexus of f...
Matt Levine
2023-01-12T14:22:00.000ZThe time was the 1980s. The place was Wall Street. The game was called Liar’s Poker. Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for...
Matt Levine
2018-09-21T20:11:30.000ZOne of the finest, most compelling accounts of what happened to corporate America and Wall Street in the 1980s.New York Times Book ReviewA #1 New York Times bestseller and arguably the best business narrative ever written, Barbarians at the Gate is the classic account of the fall of RJR Nabisco. An enduring masterpiece of investigative journalism b...
Matt Levine
2018-09-21T20:11:30.000ZAlso recommended by
Scott KuporThe First Book from "n+1"--an Essential Chronicle of Our Financial Crisis HFM: Where are you going to buy protection on the U.S. government's credit? I mean, if the U.S. defaults, "what bank" is going to be able to make good on that contract? Who are you going to buy that contract from, the Martians? n+1: When does this begin to feel like less of a...
Matt Levine
2018-09-21T20:08:00.000ZDestined to become a market classic, Dynamic Hedging is the only practical reference in exotic options hedgingand arbitrage for professional traders and money managers Watch the professionals. From central banks to brokerages to multinationals, institutional investors are flocking to a new generation of exotic and complex options contracts and deri...
Matt Levine
2015-01-03T21:10:32.000Z