Financial Origami : How the Wall Street Model Broke
(Book)
Author
Published
Hoboken, New Jersey : Wiley, [2011], Ã2011.
Physical Desc
xvii, 170 pages : ill. ; 24 cm.
Status
Description
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Copies
Location | Call Number | Note | Status |
---|---|---|---|
West Routt Library District - NONFICTION | 332.601 MOY | 00017518 | On Shelf |
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More Details
Published
Hoboken, New Jersey : Wiley, [2011], Ã2011.
Format
Book
Street Date
1103.
Language
English
Notes
General Note
Includes index.
Description
"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 how it's often a mechanism to evade regulatory constraints, provide institutional investors with customized products, and, of course, generate revenue for financial engineers. Reveals how Wall Street's financial engineering business model morphed into something destructive Highlights how the origami model worked well in the comparatively stable years of the early 2000s, when there was less risk to transfer Discusses how Wall Street began manufacturing risk by creating products that multiplied risk exposures and encouraged subprime lending With the collapse of Lehman Brother the Wall Street business model effectively broke. But there are many lessons to be learned from what has transpired, and Financial Origami will show you what they are"--,Provided by publisher.
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Citations
APA Citation, 7th Edition (style guide)
Moynihan, B. (20112011). Financial Origami: How the Wall Street Model Broke . Wiley.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Moynihan, Brendan. 20112011. Financial Origami: How the Wall Street Model Broke. Wiley.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Moynihan, Brendan. Financial Origami: How the Wall Street Model Broke Wiley, 20112011.
MLA Citation, 9th Edition (style guide)Moynihan, Brendan. Financial Origami: How the Wall Street Model Broke Wiley, 20112011.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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