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Author Partnoy's Book Reviews

F.I.A.S.C.O.: The Inside Story of a Wall Street Trader
This is a disturbing account of one man working for Morgan Stanley in the world of high-stakes, high-risk finance known as derivatives. The author takes great care to sufficiently explain the concepts behind derivatives, including the specifics in such blow-ups in the early to mid 90's involving Orange County, P & G, and Mexico. ...