1.

Record Nr.

UNINA9910962854603321

Autore

Moynihan Brendan

Titolo

Financial origami : how the Wall Street model broke / / Brendan Moynihan

Pubbl/distr/stampa

Hoboken, NJ, : Bloomberg Press, 2011

ISBN

9786613027023

9781118030325

111803032X

9781283027021

128302702X

9781118030301

1118030303

Descrizione fisica

1 online resource (192 p.)

Collana

Bloomberg ; ; v.140

Classificazione

BUS027000

Disciplina

332.601

Soggetti

Financial engineering

Financial risk

Global Financial Crisis, 2008-2009

Securities industry - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di contenuto

Financial Origami: How the Wall Street Model Broke; Contents; Author's Note; Introduction; Chapter 1: Fold Sides to Center; Chapter 2: Result, Turn Over; Chapter 3: Fold Sides to Center, Again; Chapter 4: Fold Tip to Point; Chapter 5: Fold Point Back; Chapter 6: Fold in Half; Chapter 7: Pull Neck Upright; Chapter 8: Pull Head to Suitable Angle; Chapter 9: Complete; Epilogue; Notes; About the Author; Index

Sommario/riassunto

An in-depth look at the failure of Wall Street's ""proven"" financial models Origami is the Japanese art of folding paper into intricate and aesthetically attractive shapes. As such, it is the perfect metaphor for the Wall Street financial engineering model, which ultimately proved to be the underlying cause of the 2008 financial crisis. In Financial Origami, Brendan Moynihan describes how the Wall Street business model evolved from a method to transfer risk into a method for



manufacturing risk. Along the way, this timely book skillfully dissects financial engineering and addresses