Liar's Poker

Great book, worthwile read (I read this some yrs ago). Michael Lewis is a great writer (for baseball fans and fans of statistics I recommend Moneyball). Also any of the other great books by Michael Lewis. Also try Den of Thieves by James B. Stewart
 
another great read:
When Genius Failed : The Rise and Fall of Long-Term Capital Management by Roger Lowenstein (Paperback - Oct 9, 2001)
 
littlea1 said:
I was at Bankers Trust when the whole LTCM happened. It was scary!!!
Who would have thought it possible right? They have Scholes and Merton (of the famous Black-Scholes-Merton equation) on board. Derman mentioned this in his book. A loss of 4.6 bil is enormous.
Do you guys still remember Nick Leeson, the one guy that brought down the Barings Bank with his trading of future contracts? Baring Bank is the Queen's personal bank I heard.
This is a very interesting discussion, if it has more posts, i'll move it over to Quantnet hub forum.
 
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