'A truly gripping narrative... The fact that Tett is able to reproduce such raw private communications is a tribute to her journalistic abilities' Dominic Lawson, Sunday Times

'Her blow-by-blow story is an impressive piece of detective work. She pulls back the curtain on a closed, unaccountable world of finance' Will Hutton, Guardian

In the mid 1990s, at a vast hotel complex on a private Florida beach, dozens of bankers from JP Morgan gathered for what was to become a legendary off-site meeting. It was a wild weekend. But among the drinking, nightclubbing and fist-fights lay a more serious purpose - to assess the possibility of building a business around the new-fangled concepts of credit derivatives.

The group at the heart of this revolution was an intense team, made up of individuals with a supreme sense of loyalty to each other and to the bank - for years, nothing could break them apart. But when, finally, the team dispersed, the innovations spread far beyond their original intentions, producing perversions in the mortgage market that ultimately culminated in disaster.

Part real-life thriller, part investigation and exposé, this searing narrative takes us deep inside the shadowy world of complex finance - a perfect storm for the credit crunch

• We started tracking this book on March 13, 2011.
• This book was £4.99 when we started tracking it.
• The price of this book has changed 15 times in the past 5,528 days.
• The current price of this book is £2.99 last checked 9 hours ago.
• This lowest price this book has been offered at in the past year is £1.99.
• The lowest price to date was £1.99 last reached on March 28, 2019.
• This book has been £1.99 one time since we started tracking it.
• The highest price to date was £7.49 last reached on October 17, 2015.
• This book has been £7.49 one time since we started tracking it.

• Politics & Social SciencesSocial SciencesSociology

• Publication Date: May 14, 2009
• Text-to-Speech: Disabled
• Lending: Disabled
• Print Length: 305 Pages
• File Size: 631 KB