Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff
4.5/5
()
Currently unavailable
Currently unavailable
About this ebook
The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the Wall Street Journal and New York Times, and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets.
- Unravels the story of the credit crisis through an engaging and human drama
- Draws on unprecedented access to one of Wall Street's best-known investors
- Shows how excessive leverage, dangerous financial models, and a blind reliance on triple-A credit ratings sent Wall Street careening toward disaster
Confidence Game is a real world "Emperor's New Clothes," a tale of widespread delusion, and one dissenting voice in the era leading up to the worst financial disaster since the Great Depression.
Related to Confidence Game
Titles in the series (37)
The Cul-de-Sac Syndrome: Turning Around the Unsustainable American Dream Rating: 3 out of 5 stars3/5Bonds: The Unbeaten Path to Secure Investment Growth Rating: 4 out of 5 stars4/5The Hard Times Guide to Retirement Security: Practical Strategies for Money, Work, and Living Rating: 0 out of 5 stars0 ratingsThe Quest for Alpha: The Holy Grail of Investing Rating: 0 out of 5 stars0 ratingsFine Art and High Finance: Expert Advice on the Economics of Ownership Rating: 0 out of 5 stars0 ratingsEndless Appetites: How the Commodities Casino Creates Hunger and Unrest Rating: 3 out of 5 stars3/5Investing in REITs: Real Estate Investment Trusts Rating: 0 out of 5 stars0 ratings201 Great Ideas for Your Small Business Rating: 0 out of 5 stars0 ratingsIn Too Deep: BP and the Drilling Race That Took it Down Rating: 0 out of 5 stars0 ratingsWhen Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry Rating: 0 out of 5 stars0 ratingsTrillion Dollar Economists: How Economists and Their Ideas have Transformed Business Rating: 4 out of 5 stars4/5The Cycle of the Gift: Family Wealth and Wisdom Rating: 0 out of 5 stars0 ratingsFinancial Origami: How the Wall Street Model Broke Rating: 0 out of 5 stars0 ratingsSteal These Ideas!: Marketing Secrets That Will Make You a Star Rating: 3 out of 5 stars3/5The Crisis of Crowding: Quant Copycats, Ugly Models, and the New Crash Normal Rating: 0 out of 5 stars0 ratingsThe Dragon Network: Inside Stories of the Most Successful Chinese Family Businesses Rating: 0 out of 5 stars0 ratingsChina's Superbank: Debt, Oil and Influence - How China Development Bank is Rewriting the Rules of Finance Rating: 4 out of 5 stars4/5Zombie Banks: How Broken Banks and Debtor Nations Are Crippling the Global Economy Rating: 0 out of 5 stars0 ratingsAttacks on the Press: Journalism on the World's Front Lines Rating: 0 out of 5 stars0 ratingsThe New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything Rating: 4 out of 5 stars4/5The Mystery of Market Movements: An Archetypal Approach to Investment Forecasting and Modelling Rating: 0 out of 5 stars0 ratingsJapanization: What the World Can Learn from Japan's Lost Decades Rating: 3 out of 5 stars3/5Family Trusts: A Guide for Beneficiaries, Trustees, Trust Protectors, and Trust Creators Rating: 5 out of 5 stars5/5The Voice of the Rising Generation: Family Wealth and Wisdom Rating: 0 out of 5 stars0 ratingsHess: The Last Oil Baron Rating: 5 out of 5 stars5/5A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan Rating: 5 out of 5 stars5/5Complete Family Wealth Rating: 0 out of 5 stars0 ratingsReckoning to Revival: How American Workers Rebuilt an Industry Rating: 0 out of 5 stars0 ratingsRoad to Power: How GM's Mary Barra Shattered the Glass Ceiling Rating: 4 out of 5 stars4/5The Fix: How Bankers Lied, Cheated and Colluded to Rig the World's Most Important Number Rating: 3 out of 5 stars3/5
Related ebooks
The Alpha Masters: Unlocking the Genius of the World's Top Hedge Funds Rating: 4 out of 5 stars4/5The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History Rating: 4 out of 5 stars4/5The House of Dimon: How JPMorgan's Jamie Dimon Rose to the Top of the Financial World Rating: 4 out of 5 stars4/5Merchants of Debt: KKR and the Mortgaging of American Business--The Full Version Rating: 4 out of 5 stars4/5Exile on Wall Street: One Analyst's Fight to Save the Big Banks from Themselves Rating: 4 out of 5 stars4/5Den of Thieves Rating: 4 out of 5 stars4/5Merchants of Debt: KKR and the Mortgaging of American Business--The Condensed Version Rating: 3 out of 5 stars3/5Damsel in Distressed: My Life in the Golden Age of Hedge Funds Rating: 5 out of 5 stars5/5The Fix: How Bankers Lied, Cheated and Colluded to Rig the World's Most Important Number Rating: 3 out of 5 stars3/5Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy Rating: 4 out of 5 stars4/5Invest Like a Dealmaker: Secrets from a Former Banking Insider Rating: 3 out of 5 stars3/5The Liar's Ball: The Extraordinary Saga of How One Building Broke the World's Toughest Tycoons Rating: 4 out of 5 stars4/5Beat the Crowd: How You Can Out-Invest the Herd by Thinking Differently Rating: 5 out of 5 stars5/5The Most Dangerous Trade: How Short Sellers Uncover Fraud, Keep Markets Honest, and Make and Lose Billions Rating: 5 out of 5 stars5/5The Aggressive Conservative Investor Rating: 4 out of 5 stars4/5The New Tycoons: Inside the Trillion Dollar Private Equity Industry That Owns Everything Rating: 4 out of 5 stars4/5Fooling Some of the People All of the Time, A Long Short (and Now Complete) Story, Updated with New Epilogue Rating: 4 out of 5 stars4/5The Rise and Fall of Bear Stearns Rating: 5 out of 5 stars5/5The Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the JunkBond Rating: 4 out of 5 stars4/5Diary of a Hedge Fund Manager: From the Top, to the Bottom, and Back Again Rating: 3 out of 5 stars3/5Confessions of a Wall Street Insider: A Cautionary Tale of Rats, Feds, and Banksters Rating: 4 out of 5 stars4/5Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism Rating: 4 out of 5 stars4/5The Taking of Getty Oil: Pennzoil, Texaco, and the Takeover Battle That Made History Rating: 4 out of 5 stars4/5The Turnaround Kid: What I Learned Rescuing America's Most Troubled Companies Rating: 4 out of 5 stars4/5Hedgehogging Rating: 3 out of 5 stars3/5Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase Rating: 4 out of 5 stars4/5
Finance & Money Management For You
The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5The Great Reset: And the War for the World Rating: 4 out of 5 stars4/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions Rating: 3 out of 5 stars3/5How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Rating: 5 out of 5 stars5/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5The Richest Man in Babylon Rating: 4 out of 5 stars4/5Built to Last: Successful Habits of Visionary Companies Rating: 4 out of 5 stars4/5The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance Rating: 4 out of 5 stars4/5The Total Money Makeover by Dave Ramsey: Summary and Analysis Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Rating: 4 out of 5 stars4/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/523 Things They Don't Tell You about Capitalism Rating: 4 out of 5 stars4/5The Physics of Wall Street: A Brief History of Predicting the Unpredictable Rating: 4 out of 5 stars4/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5The Freedom Shortcut: How Anyone Can Generate True Passive Income Online, Escape the 9-5, and Live Anywhere Rating: 5 out of 5 stars5/5Strategy Skills: Techniques to Sharpen the Mind of the Strategist Rating: 4 out of 5 stars4/5
Reviews for Confidence Game
14 ratings2 reviews
- Rating: 5 out of 5 stars5/5This kept me up all night. I applaud the story telling, suspense and outcome.
1 person found this helpful
- Rating: 5 out of 5 stars5/5One of the most interesting and captivating Wall Street stories I've ever read.
1 person found this helpful