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When Genius Failed

by Roger Lowenstein

Downloads
1K+
First published
2000
Pages
243
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About this book

Roger Lowenstein traces the creation and crisis of Long-Term Capital Management, the investment partnership assembled by John Meriwether and a team of traders and academics. Their confidence in mathematical approaches to risk and extensive borrowing becomes a financial problem with wider consequences. The account connects the fund's ambitions to the urgent involvement of major banks and the Federal Reserve.

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About the author

Roger Lowenstein - BDeBooks
Roger Lowenstein

Roger Lowenstein is an American financial journalist and writer. He graduated from Cornell University and reported for The Wall Street Journal for more than a decade, including two years writing its Heard on the Street column, 1989 to 1991. Born in 1954, he is the son of Helen and Louis Lowenstein of Larchmont, New York.

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Book facts

First published
2000
Reading time
About 8 hours
Pages
243
Language
English
Genre
Finance
Formats
PDF, EPUB, MOBI, Read online