Risk Takers
eBook - ePub

Risk Takers

Uses and Abuses of Financial Derivatives, Fourth Edition

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Risk Takers

Uses and Abuses of Financial Derivatives, Fourth Edition

About this book

Risk Takers: Uses and Abuses of Financial Derivatives bridges the gap between theory and practice, making the often mysterious world of derivative finance both accessible and engaging. Through clear explanations and real-world stories, John Marthinsen reveals how derivatives can be wielded to create or destroy value. Written in an approachable, non-technical style, the book vividly brings financial events to life, offering valuable insights into their causes, consequences, and lasting implications for markets and regulators.

This updated edition features in-depth analyses of the Archegos Capital Management collapse, driven by reckless use of total return swaps, and the Greensill Capital debacle, rooted in the misuse of supply chain finance through reverse and future factoring, and their pivotal roles in the downfall of Credit Suisse, once Switzerland's second-largest bank. These and other real-life case studies enable even beginners to grasp the causes and effects of major derivative failures, while financial experts will find the analyses both rigorous and thought-provoking.

Risk Takers stands out for its clarity, depth, and breadth, illuminating how derivative failures connect to broader financial and economic issues. It offers timely lessons on how unchecked financial innovation can escalate into systemic crises when risk management fails.

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Yes, you can access Risk Takers by John E. Marthinsen in PDF and/or ePUB format, as well as other popular books in Business & Commodities. We have over one million books available in our catalogue for you to explore.

Information

Publisher
De Gruyter
Year
2025
eBook ISBN
9783111554303
Topic
Business
Subtopic
Commodities
Index
Business

Table of contents

  1. Title Page
  2. Copyright
  3. Contents
  4. Frontmatter
  5. Dedication
  6. Contents
  7. Chapter 1 Primer on Derivatives
  8. Chapter 2 Employee Stock Options A User’s Guide
  9. Chapter 3 Roche Holding: The Company, Its Financial Strategy, and Bull Spread Warrants
  10. Chapter 4 The Three Amigos and Their Strategy
  11. Chapter 5 Metallgesellschaft AG Illusion of Profits and Losses, Reality of Cash Flows
  12. Chapter 6 Swaps that Shook an Industry Procter & Gamble Versus Bankers Trust
  13. Chapter 7 Orange County The Largest Municipal Failure in U.S. History
  14. Chapter 8 Barings Bank PLC Leeson’s Lessons
  15. Chapter 9 Long-Term Capital Mismanagement “JM and the Arb Boys”
  16. Chapter 10 Amaranth Advisors LLC Using Natural Gas Derivatives to Bet on the Weather
  17. Chapter 11 SociĂ©tĂ© GĂ©nĂ©rale and Rogue Trader JĂ©rĂŽme Kerviel
  18. Chapter 12 AIG: Two Roads to Ruin
  19. Chapter 13 JPMorgan Chase and the “London Whale”
  20. Chapter 14 Greensill Capital’s Supply-Chain Debacle: A Fintech Mirage
  21. Chapter 15 Archegos Capital Management: A Total Return Swap Catastrophe
  22. Index
  23. Index