Infectious Greed (Ebook)
How Deceit and Risk Corrupted the Financial Markets
'Sparkling ... a breathtaking chronicle of greed and stupidity on an operatic scale ... a compelling portrait of corruption on the scale of the last days of Rome..' Robert Peston
First published in 2003, Infectious Greed examined how our greed-driven culture led to the generation of massive profits, but also to unprecedented levels of risk, widespread deception, and high profile disasters like Enron and Worldcom. In the wake of the 2008-9 financial crisis, Partnoy's analysis of how major companies obscured the reality from shareholders by disguising risk and side-stepping regulations, is more pertinent than ever. Beginning in the mid-1980s with the introduction of the first proto-derivatives, Partnoy gives an intelligent and thorough account of the dangerous manipulations that have and continue to come to light.
Reviews for Infectious Greed
William Leith Evening Standard
Don't blink, it's better to delay. Take your time, perhaps even procrastinate. In short, wait.
'An enthralling cautionary tale of the recurring excesses of global finance … The author displays a vivid touch in describing the Swedish parven…
Huge bestseller about the cut-throat trading world returns with gripping new material.