Confidence Game:How a Hedge Fund Manager Called Wall Street's Bluff
by Christine S. Richard
Price: N6950
Product Code: 1336041204
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Number of Pages: 336
Binding: Paper Back
Publisher: John Wiley & Sons
ISBN: 0470648279
ISSN: 978-0470648278
Availability: Delivered within 6 - 22 working days
Summary: The collapse of America′s credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street′s Bluff is the story of Bill Ackman′s six–year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets.