The Money Noose
In 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act. MF Global was bankrupt less than a year after the law’s passage. The Money Noose is a general accounting of the facts that led to MF Global’s collapse, as well as the story of the major players involved. This book is designed to tell how things came to an abrupt end and how can investors protect themselves from this outcome. The best answer is education. With The Money Noose, investors will be fully aware of everything involved in the investment process, and that includes an understanding of seg funds.
“Skyrm makes complex financial scenarios accessible to all interested readers in an informative and entertaining manner. We can all learn something from this book.”
— Thomas Peterffy, Chairman, CEO, and President of Interactive Brokers
“Skyrm put together the story of MF Global like no one else could in providing the ultimate autopsy covering destructive financial engineering that’s played such a big role in our capital markets.”
— Lawrence G. McDonald, New York Times best selling author of A Colossal Failure of Common Sense
“God is in the details...first come the reporters, then the lawyers. Skyrm’s book is the necessary antidote. Only someone who has ‘done’ it can explain it. Perhaps the best ‘counterfactual’ rationale for reading The Money Noose: If John Corzine had been able to before, there would likely have been no after.”
— Stan Jonas, Managing Partner, Axiom Management partners