We use cookies to provide essential features and services. By using our website you agree to our use of cookies .

×

Warehouse Stock Clearance Sale

Grab a bargain today!


Extreme Money
By

Rating
Hurry - Only 2 left in stock!

Product Description
Product Details

Table of Contents

Prologue: Hubris

Sub-prime dialects

Best in show

The Physical Impossibility of Death in the Mind of Someone Living

Retreat

Swiss inquisitions

Idea of an investment

Ambush

Mega presentations

Fording streams

Liquidity and leverage

Democracy of greed

Pick and pay

Black Sea real estate

Life on the margin

Racing days

Dr Doom

Extreme money

 

 

Part 1 Faith

1          Mirror of the times

Some kinda money

Trading places

The invention of money

Barbarous relic

The real thing

The Hotel New Hampshire

Collapse

Money machines

Debt clock

Money is nothing

The mirrored room

 

2          Money changes everything

Mrs Watanabe goes to Wall Street

FX Beauties Club

Plutonomy

Trickling down, trading up

I shop, therefore I must be!

Spend it like Beckham!

Golden years

Tax avoidance

Japanese curse

The god of our time

 

3          Business of business

Limited consciences

A brilliant daring speculation

Dirty tricks

Marriages and separations

The house that Jack built

Capital ideas

WWJD – watch what Jack did!

Business dealings

 

4          Money for sale

It’s a wonderful bank!

Pass the parcel

Loan frenzy

Plastic fantastic money

Casino banking

Confidence tricks

The Citi of money

Sign of the times

 

5          Yellow brick road

Monumental money

The battle of the ‘pond’

Cool Britannia

Barbarian invasions

Unlikely centres

El-Dollardo economics

The unbalanced bicycle

Foreign treasure

Fool’s gold

Liquidity vortex

 

6          Money honey

Printing it

Column inches

Video money

Studs, starlets

Financial porn

Speedy money

Literary money

Money for all

 

 

Part 2 Fundamentalism

7          Los Cee-Ca-Go boys

Dismal science

Chicago Interpretation

Economic politics

Academic warfare

The Gipper and the Iron Lady

Political economy

New old deal

The monetary lens

Unstable stability?

 

8          False gods, fake prophecies

Mystery of price

Demon of chance

Corporate M&Ms

Risk taming

Slow and quick money

Corporate practice

Everything is just noise

Perfect worlds

Financial fundamentalism

Fata morgana

 

 

Part 3 Alchemy

9          Learning to love debt

Fixed floor coverings

By the bootstraps

Leverage for everything

Cutting to the bone

Professor Jensen goes to Wall Street

Drowning by numbers

Censored loans

High opportunity bonds

Fallen angels

Junk people

Milken’s mobsters

The sweet envy of bankers

Thank you for borrowing

One bridge too far

National treasure

 

10      &n

About the Author

Satyajit Das is an internationally respected expert in finance with 33 years’ experience. He has worked for the “sell side” (Citicorp Investment Bank and Merrill Lynch), the “buy side” (as Treasurer of the TNT Group), and as a consultant advising banks, investors, corporations, and central banks worldwide. Das is the author of many highly regarded standard reference books on derivatives and risk management. In 2006, he published the international bestseller Traders, Guns & Money, an extraordinary insider’s account of the world of derivatives trading. In Traders and in a series of speeches in 2006 entitled - The Coming Credit Crash, Das anticipated many of the problems that became apparent in the financial crisis and are still affecting the global economy. He was recently featured in Charles Ferguson’s 2010 Oscar®-winning documentary Inside Job and the 2009 BBC documentary Tricks with Risk.

Reviews

Long listed for Financial Times/ Goldman Sachs Business Book of the Year 2011   Listed in Bloomberg’s Top Business Books of the Year 2011   One of ninemsn.com.au’s best business books of 2011   "…a powerful book…highly readable and informative…Anyone who decodes the ratings of the three major agencies so amusingly – CCC means "Russian roulette with five bullets in the chamber" and D means "scrape your brains off the wall and place in a plastic bag"- demands to be read."
Lindsay Tanner, former Australian Minister of Finance inThe Monthly, August 2011 " While the run-up to the global financial crisis has been well documented, Das provides his own unique insights."
Luke Faulkner, Hedge Funds Review, August 2011 "...virtually in a category of its own – part history, part book of financial quotations, part cautionary tale, part textbook. It contains some of the clearest charts about risk transfer you will find anywhere. ...Others have laid out the dire consequences of financialisation ("the conversion of everything into monetary form", in Das’s phrase), but few have done it with a wider or more entertaining range of references...[Extreme Money] does... reach an important, if worrying, conclusion: financialisation may be too deep-rooted to be torn out. As Das puts it – characteristically borrowing a line from a movie, Inception – "the hardest virus to kill is an idea".  
Andrew Hill "Eclectic Guide to the Excesses of the Crisis" Financial Times, 17 August 2011 “an idiosyncratic yet withering analysis of how 30 years of financial alchemy and excessive credit have plunged us into what feels like a slow-motion depression… addresses, one by one, the overarching themes of the great credit boom and bust of the late 20th century. Black humor is Das’ natural medium, and he gave me a rueful chuckle every few pages. You know that a writer is hard to pigeonhole when the advance praise compares him to both Candide and Hunter S. Thompson. I prefer to view Das as a modern-day Ishmael with an attitude, a weathered seaman who has witnessed firsthand the crazed hunt of hedge-fund captains for alpha, the great whale of superior investment returns. … I could only endorse the conclusion. “There is no simple, painless solution” to the fix we’re in, Das writes. “The world has to reduce debt, shrink the financial part of the economy, and change the destructive incentive structures in finance. Individuals in developed countries have to save more and spend less.”
Doomsday Debt Machine Roars as Wizard Das Chides Buffett: Books, By James Pressley, Sep 19 2011 “ a fast paced ride...Das manages to be both an insider and outsider – much of what he covers is based on first hand experience...there’s no of the faux glamour that infuses many otherwise critical books on finance.... this is a thoughtful, interesting and unusual book that deserves to jostle for shelf space alongside classics such as Charles Kindleberger’s Manias, Panics and Crashes and Devil Take The Hindmost by Edward Chancellor. It is well worth a read by anyone seeking to grasp the broader impact of the recent crisis."
Chris Sholto Heaton, Money Week, November 2011   “...Mr Das has a keen eye for an anecdote ....   give[s] the reader plenty of chances to chuckle at the hubris he reveals.. the views of people like Mr Das were consistently ignored in the run-up to the debt crisis..” More luck than judgment,

Ask a Question About this Product More...
 
Look for similar items by category
Item ships from and is sold by Fishpond World Ltd.

Back to top