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FIASCO is the first book to take on the derivatves trading industry?the most highly charged and risky sector of the stock market. More importantly, it is a blistering indictment of the largely unregulated market in derivatives and serves as a warning to unwary investors about real fiascos, which have cost billions of dollars.
About: An assistant professor of law who was once a young derivatives salesman at Morgan Stanley shares his insight into the volatile and competitive world of complex securities, including the annual drunken skeet-shooting event called Fiasco.
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