Hedge funds : courtesans of capitalism / Peter Temple.

Format:

Book

Author/Creator:

Temple, Peter.

Language:

English

Subjects (All):

Hedge funds.

Hedge funds--United States.

United States.

Capitalism.

Physical Description:

viii, 271 pages ; 24 cm

Other Title:

Hedge funds : the courtesans of capitalism

Place of Publication:

Chichester ; New York : J. Wiley, [2001]

Summary:

Like the courtesans of a bygone age, hedge funds cater to the wealthy and project an aura of mystery and excitement. But as the Long Term Capital Management debacle showed, their activities affect us all. Far from neutralising risk, as their name might suggest, some are simply vehicles for large-scale speculation - raiding currencies, disrupting bond markets, and embarrassing governments. This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.

Contents:

1 Courtesans of capitalism 1

2 Masters of the Universe 21

3 Speculators and hedgers 45

4 Rogues, philosophers and philanthropists 69

5 The Archimedes of Greenwich 89

6 Toxic waste and vultures 113

7 Highwaymen of the global economy 133

8 The hedge fund in your bank 153

9 Finance's four-letter word 171

10 Dance of the seven veils 189

11 Attaining respectability 211

12 Taming Archimedes 229.

Notes:

Includes bibliographical references (pages [245]-262) and index.

ISBN:

0471899739

OCLC:

45750302