Billions of dollars worth of securities are traded - and lost - in the stock market. Derivatives trading has also played a huge part in the global credit crunch. This title includes a chapter covering this, and all the other scandals. It gives an account of the vicious competition, raw machismo and dirty tricks at work in this amazing arena.
In this behind-the-scenes look at one of the world's top Wall Street investment firms, Partnoy recounts his experience during the annual drunken skeet-shooting competition where he and his colleagues sharpen the killer instincts they're encouraged to use against competitors, clients, and each other.