Traders, Guns & Money: Knowns and unknowns in the dazzling world of derivatives (平装) 0273704745

I had been in derivatives for over 25 years. Many traders hadn't been born when I stumbled accidentally into the arcane world of derivatives trading. The Indonesians were at the fag end of that career. How did I get there? I had followed the money. I had ridden the tide and currents of financial markets. I had not known very much then. Even now I only knew the many unknowns. How did I get here? It was a very long story. Send Traders, Guns and Money is that story..

Warren Buffet once labelled derivatives financial weapons of mass destruction. Unlike the military kind, financial WMD are not hard to find. Many great companies use them. These businesses use derivatives to make money or protect them from risk. Its a simple case of greed or fear. Or is it?

In derivatives, whoever you are, there are things that you dont know that you dont know. These are the real risks of derivatives. Theyre generally left to the client to discover. So, if youre entering the dazzling world of derivatives, ask yourself this: What do I know? What do I need to know? What dont I know? What am I doing?

You can find the answers in Traders, Guns Money, a sensational and controversial first-person account of the business of derivatives trading and the financial products industry in the spirit of Liars Poker. It is a true insiders view of the business of trading and marketing derivatives for a living. It details the nature of the business, the players, how money is made and lost, and the deceptions that underlie the entire process.

Funny and poignant, and written in a wry and wickedly comic style, the book provides the ordinary reader with an insight into the seeming madness that underlies financial markets and the out-of-control process that is trading in complex financial products that few understand.

Traders, Guns Money throws light on the culture, games, and pure deceptions played out every day in trading rooms around the world, and played out with other peoples money. It describes the processes by which a small group of gifted, if a