Includes bibliographical references (pages 255-274) and index.
Contents
Innovation. The derivatives dream ; Dancing around the regulators ; The dream team ; The cuffs come off ; Merger mania -- Perversion. Innovation unleashed ; Mr. Dimon takes charge ; Risky business ; Leveraging lunacy ; Tremors -- Disaster. First failures ; Panic takes hold ; Bank run ; Bear blows up ; Free fall.
Summary
Traces the relationship between a team of JP Morgan banking gurus and the current financial crisis, documenting their invention of a bold variety of allegedly risk-free investments that sparked a frenzy in the banking world and may have directly contributed to the market crash.