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

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Random House, 2000 - Business & Economics - 264 pages
10 Reviews
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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LibraryThing Review

User Review  - rivkat - LibraryThing

While a better title might be “When Hubris Failed,” Lowenstein still tells an engaging and comprehensible story of fools who thought they were too smart to go broke, and turned out to be too big to ... Read full review

LibraryThing Review

User Review  - Carmenere - LibraryThing

This book is aptly named as it delivers just what the title implies. Young John Meriwether began his career as a high school math teacher. After only one year of teaching he enrolled in the University ... Read full review

Contents

THE FALL OF LONGTERM CAPITAL MANAGEMENT
121
Notes 23
221
Index
253
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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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