Infectious Greed
Infectious Greed is a riveting chronicle of the rise of dangerous financial instruments and the growing crisis in American business. This compelling narrative tells the story of the ascent of corporate financial structures that imperil the economic health of the country. Starting in the mid-1980s with the introduction of the first proto-derivatives, and taking us through such high-profile disasters as Barings Bank and Long Term Capital Management, this book traces a seamless progression to today's dangerous manipulations. It's an alarming story, but Infectious Greed offers a clear vision of how we can step back from the precipice.
“Ambitious . . . a useful book, bringing together details of half-forgotten scandals from the past fifteen years.”
— The New York Times Book Review
“Frank Partnoy knows the landscape from the inside . . . a good, snappy read.”