000			02623pam a2200289 a 4500
003			CO-NeUS
005			20180209102710.0
008			061109s2007 nju b 001 0 eng
020			_a9780471227274
040			_aDLC _cDLC _dBAKER _dUKM _dBTCTA _dC#P _dCO-NeUS _bEspañol
041			_aeng
082	0	0	_a332.645 _222 ed. _bB724a
100	1		_aBookstaber, Richard M. _931908
245	1	2	_aA demon of our own design _bmarkets, hedge funds, and the perils of financial innovation / Richard Bookstaber. _cRichard Bookstaber.
264			_aHoboken, N.J. _bWiley _c©2007.
300			_axii, 276 páginas _c24 cm.
504			_aIncluye referencias bibliográficas (p. 261-270) e índice.
505	0	0	_gCh. 1. _tIntroduction : the paradox of market risk -- _gCh. 2. _tThe demons of '87 -- _gCh. 3. _tA new sheriff in town -- _gCh. 4. _tHow Salomon rolled the dice and lost -- _gCh. 5. _tThey Bought Salomon, then they killed it -- _gCh. 6. _tLong-term capital management rides the leverage cycle to hell -- _gCh. 7. _tColossus -- _gCh. 8. _tComplexity, tight coupling, and normal accidents -- _gCh. 9. _tThe brave new world of hedge funds -- _gCh. 10. _tCockroaches and hedge funds -- _gCh. 11. _tHedge fund existential -- _tConclusion : built to crash?
520	1		_a"In A Demon of Our Own Design, Richard Bookstaber paints a vivid picture of a financial world that is ever edging toward disaster. As a hedge fund 'rocket scientist,' Bookstaber provides an insider's perspective to the tumultuous management decisions made by some of the worlds most powerful financial figures from Warren Buffett to Sandy Weill to John Meriwether, as well as recounting his own contribution to market calamities. He designed some of the complex options and derivatives that, combined with the globalization of the world's markets and the ever-increasing speed of transactions, allow markets to slide out of control. And he explains why the best efforts of institutions on the front lines to create safeguards, manage risk, and regulate the markets may end up contributing to instability. Bookstaber argues that many of the financial innovations and regulations that are supposed to level the playing field instead make the markets more dangerous for all the players, big and small."--BOOK JACKET.
650		0	_aHedge funds. _9112128
650		0	_aRisk management _9130760
650		0	_aRiesgo (economia) _9130665
650		0	_aGestión del riesgo (economía) _9111697
650		0	_aFondo de cobertura _vInstrumento de inversión alternativa _9110922
856	4	1	_3Table of contents only _uhttp://www.loc.gov/catdir/toc/ecip073/2006034368.html
942			_cCG
999			_c35588 _d35588