By Roger Lowenstein When Genius Failed: The Rise and Fall of Long Term Capital Management
Roger Lowenstein
EAN: | 8601406781948 |
Publisher: | Fourth Estate |
Published: | 19 January, 2001 |
Editions: |
11 other editions
of this product
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By Roger Lowenstein When Genius Failed: The Rise and Fall of Long Term Capital Management
Roger Lowenstein
John Meriwether, a famously successful Wall Street trader, spent the 1980s as a partner at Salomon Brothers, establishing the best-and the brainiest-bond arbitrage group in the world. A mysterious and shy midwesterner, he knitted together a group of Ph.D-certified arbitrageurs who rewarded him with filial devotion and fabulous profits. Then, in 1991, in the wake of a scandal involving one of his traders, Meriwether abruptly resigned. For two years, his fiercely loyal team-convinced that the
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