When Genius Failed: The Rise and Fall of Long-Term Capital Management

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Random House, 2000 - Business & Economics - 264 pages
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A distinguished financial journalist chronicles the dramatic rise and fall of Long Term Capital Management, a hundred-billion-dollar hedge fund that had to be rescued from collapse by the controversial Federal Reserve buyout, and the implications of the high-stakes financial manipulatons. 100,000 first printing.

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When genius failed: the rise and fall of Long-Term Capital Management

User Review  - Not Available - Book Verdict

This is a marvelous, unauthorized chronicle of the rise, fall, and re-emergence of Long-Term Capital Management, a private hedge fund that in September 1998 benefited from a Federal Reserve ... Read full review

Review: When Genius Failed: The Rise And Fall Of Long Term Capital Management

User Review  - Heather - Goodreads

A frustrating read. While the financial reportage is first-rate, the narrative is as dry as the hedge fund's mathematical formulae. The personal, human sides of the story - the aspects that had me up ... Read full review


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About the author (2000)

Roger Lowenstein, author of the bestselling Buffett: The Making of an American Capitalist, reported for The Wall Street Journal for more than a decade, and wrote the Journal's stock market column "Heard on the Street" from 1989 to 1991 and the "Intrinsic Value" column from 1995 to 1997. He now writes a column in Smart Money magazine, and has written for The New York Times and The New Republic, among other publications. He has three children and lives in Westfield, New Jersey.

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