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Author Tett, Gillian.

Title Fool's gold : how the bold dream of a small tribe at J.P. Morgan was corrupted by Wall Street greed and unleashed a catastrophe / Gillian Tett.

Publication Info. New York : Free Press, 2009.

Item Status

Location Call No. Status OPAC Message Public Note Gift Note
 Moore Stacks  HG6024.U6 T48 2009    Available  ---
Edition 1st Free Press hardcover ed.
Description x, 293 pages ; 24 cm
Bibliography 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.
Subject Credit derivatives -- United States -- History.
Credit derivatives.
United States.
History.
Housing -- United States -- Finance.
Housing.
Finance.
Financial crises -- United States.
Financial crises.
J.P. Morgan & Co.
J.P. Morgan & Co.
ISBN 9781416598572 : $26.00
141659857X