High Finance
| Author | : | |
| Rating | : | 4.82 (945 Votes) |
| Asin | : | B0060GDN2U |
| Format Type | : | |
| Number of Pages | : | 245 Pages |
| Publish Date | : | 2014-08-18 |
| Language | : | English |
DESCRIPTION:
Set over ten days in the run-up to the credit crisis, HIGH FINANCE opens a window on the investment banks and hedge funds that figure so prominently in modern markets. HIGH FINANCE comes with one important warning: it might just make you want to occupy Wall Street!HIGH FINANCE - a Wall Street novel by Eli Lederman. Want to know more about a world where marginal talents and dubious ethics reap richest rewards? Read this book. Jerry Klein trades exotic derivatives for a major New York investment bank, happily minting money while mechanically progressing through the ranks as a self-described “perfect robot.” When he’s promoted to managing director and appointed to a client-facing role, Jerry experiences his firm for the first time in the context of the wider financial system where, driven by intense competition for profits and pay, the bank and its traders cut corners to take ever-greater risks. While senior executives battle for power over businesses they no longer understand, the firm they’re meant to manage loses its way, and casual abuse of rules crosses into flagrant violation of law. As he navigates the rows and aisles of trading floors in a quest to understand a complex business with sky-high stakes, Jerry uncovers an insider trading scandal involving colleagues and prominent hedge funds
Since 2001, Eli has lived in England with his wife and three children. From 2007 to 2010, he was the chief executive of a pan-European stock market owned by several of the largest investment banks in the world. . During a fourteen year career at Morgan Stanley, half in New York and half in London, Eli w
Gripping stuff Having worked in the equity trading division of a large American investment bank, for me, High Finance made riveting if uncomfortable reading. The plot teems with egotistical, dysfunctional monsters and if anyone thinks the author has overdrawn them, believe me he hasn't. People like this not only exist, they have a nasty habit of elbowing their way to the corner office. Matt said Excellent Read - more fun and less depressing than the WSJ anyway. I am not a Wall Street insider but I've met and done business with enough of them to know how accurate the character portrayals are, And, more than that, most of them are interesting enough that you care about what they do and what happens to them as the plot unfolds. Plus it's well-written (almost literary - and that's a good thing) and funny. The Wall Street aspect is. Terrific A terrific read. The author skillfully and seamlessly wove his story full of financial jargon deftly explained without slowing the pace or seeming clunky. It is an excellent tale of a fascinating period of our resent past (and even pressent).
From 2007 to 2010, he was the chief executive of a pan-European stock market owned by several of the largest investment banks in the world. About the Author Eli Lederman was born in New York City in 1963. A graduate in physics from Brown University, he received a Ph.D at NYU before spending two years as a post-doctoral fellow at Harvard. During a fourteen year career at Morgan Stanley, half in New York and half in London, Eli was a managing director who established innovative new businesses in electronic trading and financial technology. He has been a landscaper and a lifeguard, prep cook and head cook, teacher and professor, semiconductor engineer and salesman; he has washed dishes and bused tables, painted houses, delivered flowers and tended