Infectious Greed (Ebook)

How Deceit and Risk Corrupted the Financial Markets

Frank Partnoy

'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.

Publication date: 03/09/2010


ISBN: 9781847651372

ISBN 10 / ASIN: B0041G68UA

Imprint: Profile Books

Subject: Business & Management, Current Affairs, Politics & Economics

Reviews for Infectious Greed

'A sweeping account...Exemplary'

William Leith Evening Standard

'Partnoy's account of what happened within these companies will send a shiver down the spine of anyone with a humble investment in a unit or investment trust'

 The Scotsman

'Illuminating ... Partnoy tells a complicated story with verve and clarity.'

 Sunday Telegraph

Frank Partnoy

Frank Partnoy

Frank Partnoy was a trader at Morgan Stanley before turning from gamekeeper to poacher and becoming professor of law and finance at the University of San Diego. He is one of the world's leading experts on the complexities of modern finance and financial market regulation and writes regularly for the Financial Times. He is the author ofF.I.A.S.C.O. [9781846682384], The Match King [9781861979384] and Infectious Greed [9781846682933].

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