SKU: 77077466950

Demon of Our Own Design P

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Demon of Our Own Design PInside markets, innovation, and risk Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street from Morgan Stanley to Salomon and Citigroup and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier

Inside markets, innovation, and risk

Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street-from Morgan Stanley to Salomon and Citigroup-and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man's attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.



Binding Type: Paperback
Publisher: John Wiley & Sons
Published: 12/01/2008
ISBN: 9780470393758
Pages: 278
Weight: 0.79lbs
Size: 8.96h x 6.02w x 0.80d
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SKU: 77077466950

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Isaiah M. Espinoza
Port Orchard, US
★★★★★ 4
Worth It
Format: Kindle
This devotional takes pieces of the book, The Meaning of Marriage and then delves deeper into the text. It follows with a short discussion and a thought for prayer. Worth the buy so you and your spouse can read together and discuss.
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Reviewed in the United States on December 31, 2024
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Gail A.
Boise, US
★★★★★ 5
FANTASIC
Format: Hardcover
TIM KELLER AND HIS WIFE CO WROTE THIS BOOK AND I REALLY LOVED IT. MAINSTREAM COUPLES MAY NOT BUT I AM CHRISTIAN AND WANTED TO BRING THE BEST TO OUR MARRIAGE AND TIM KELLER IS A SUPER GREAT WRITER AND SO IS KATHY KELLER. GREAT BOOK FOR ANY MARRIAGE. SUGGESTED THIS BOOK TO A SINGLE PERSON WE KNOW WHO IS ALSO CHRISTIAN.
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Reviewed in the United States on March 27, 2026
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Mackenzie Bailey
San Leandro, US
★★★★★ 5
Incredible Devotional
Format: Hardcover
I read Reason for Marriage and it was one of my all time favorite books! Tim Keller was a brilliant author. My husband does not read at all, but I wanted him to experience the value of this book. The devotional has been short enough for him to stay focused and thought provoking enough for him to contribute to the conversation. Really insightful and thoughtful topics. I love that they don’t just breeze through all different topics but dive really deep into each one and spend multiple days digging deeper and deeper. Highly recommend!
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Reviewed in the United States on March 4, 2024
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E A Petersen
Louisville, US
★★★★★ 5
Best Gift
Format: Hardcover
Such a great gift for newly weds or anniversaries!
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Reviewed in the United States on February 14, 2026
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Shaundra
Lowell, US
★★★★★ 5
I'm glad I chose these women vitamins!!!
I chose these women's vitamins because I don't like swallowing pills much at all and they are easy to swallow,plus they are a great vitamin supplement. Consistency is the key and it's a big bottle which is great for the price. I love these vitamins and I feel the difference in my body. These aren't just vitamins that get urinated out,they are absorbed. Be sure to follow directions for use on the bottle for best results.
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Reviewed in the United States on February 22, 2026

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