Author: Gordon Winter
Publisher:
ISBN:
Category : History
Languages : en
Pages : 662
Book Description
Inside BOSS
Author: Gordon Winter
Publisher:
ISBN:
Category : History
Languages : en
Pages : 662
Book Description
Publisher:
ISBN:
Category : History
Languages : en
Pages : 662
Book Description
The Ampleforth Journal
Author:
Publisher:
ISBN:
Category : Benedictine movement (Anglican Communion)
Languages : en
Pages : 562
Book Description
Publisher:
ISBN:
Category : Benedictine movement (Anglican Communion)
Languages : en
Pages : 562
Book Description
The Number That Killed Us
Author: Pablo Triana
Publisher: John Wiley & Sons
ISBN: 1118171543
Category : Business & Economics
Languages : en
Pages : 263
Book Description
A critical look at the risk measurement tool that has repeatedly hurt the financial world The Number That Killed Us finally tells the "greatest story never told": how a mysterious financial risk measurement model has ruled the world for the past two decades and how it has repeatedly, and severely, caused market, economic, and social turmoil. This model was the key factor behind the unleashing of the cataclysmic credit crisis that erupted in 2007 and which the effects are still being felt around the world. The Number That Killed Us is the first and only book to thoroughly explain this hitherto-uncovered phenomenon, making it the key reference for truly understanding why the malaise took place. The very number financial institutions and regulators use to measure risk (Vale at Risk/VaR) has masked it, allowing firms to leverage up their speculative bets to unimaginable levels. VaR sanctioned and allowed the monstrously geared toxic punts that sank Wall Street, and the world, during the latest crisis. We can confidently say that VaR was the culprit. In The Number That Killed Us, derivatives expert Pablo Triana takes you through the development of VaR and shows how its inevitable structural flaws allowed banks to take on even greater risks. The precise role of VaR in igniting the latest crisis is thoroughly covered, including in-depth analysis of how and why regulators, by falling in love with the tool, condemned us to chaos. Uncritically embraced worldwide for way too long, VaR is, in the face of such destruction, just starting to be examined as problematic, and in this book Triana (long an open critic of the tool's role in encouraging mayhem) uncovers exactly why it makes our financial world a more dangerous place. If we care for our safety, we should let VaR go. Contains controversial analysis of the hotly debated risk metric Value at Risk (VaR) and its central role in the credit crisis Denounces the role of regulators and academics in forcing the presence of the inevitably malfunctioning in financeland Describes how bonus-hungry traders can use VaR as an alibi to take on the most reckless of bets Reveals how the most recent financial crisis will simply repeat itself if the problems behind VaR are not unmasked Pablo Triana is also the author of Lecturing Birds on Flying The very risk measurement tool that was intended to contain risk allowed financial firms to blindly take on more. The model that was supposed to save us condemned us to misery. The Number That Killed Us reveals how this has happened and what needs to be done to correct the situation.
Publisher: John Wiley & Sons
ISBN: 1118171543
Category : Business & Economics
Languages : en
Pages : 263
Book Description
A critical look at the risk measurement tool that has repeatedly hurt the financial world The Number That Killed Us finally tells the "greatest story never told": how a mysterious financial risk measurement model has ruled the world for the past two decades and how it has repeatedly, and severely, caused market, economic, and social turmoil. This model was the key factor behind the unleashing of the cataclysmic credit crisis that erupted in 2007 and which the effects are still being felt around the world. The Number That Killed Us is the first and only book to thoroughly explain this hitherto-uncovered phenomenon, making it the key reference for truly understanding why the malaise took place. The very number financial institutions and regulators use to measure risk (Vale at Risk/VaR) has masked it, allowing firms to leverage up their speculative bets to unimaginable levels. VaR sanctioned and allowed the monstrously geared toxic punts that sank Wall Street, and the world, during the latest crisis. We can confidently say that VaR was the culprit. In The Number That Killed Us, derivatives expert Pablo Triana takes you through the development of VaR and shows how its inevitable structural flaws allowed banks to take on even greater risks. The precise role of VaR in igniting the latest crisis is thoroughly covered, including in-depth analysis of how and why regulators, by falling in love with the tool, condemned us to chaos. Uncritically embraced worldwide for way too long, VaR is, in the face of such destruction, just starting to be examined as problematic, and in this book Triana (long an open critic of the tool's role in encouraging mayhem) uncovers exactly why it makes our financial world a more dangerous place. If we care for our safety, we should let VaR go. Contains controversial analysis of the hotly debated risk metric Value at Risk (VaR) and its central role in the credit crisis Denounces the role of regulators and academics in forcing the presence of the inevitably malfunctioning in financeland Describes how bonus-hungry traders can use VaR as an alibi to take on the most reckless of bets Reveals how the most recent financial crisis will simply repeat itself if the problems behind VaR are not unmasked Pablo Triana is also the author of Lecturing Birds on Flying The very risk measurement tool that was intended to contain risk allowed financial firms to blindly take on more. The model that was supposed to save us condemned us to misery. The Number That Killed Us reveals how this has happened and what needs to be done to correct the situation.
A History of Cumberland
Author: Richard Saul Ferguson
Publisher:
ISBN:
Category : Cumberland (England)
Languages : en
Pages : 328
Book Description
Publisher:
ISBN:
Category : Cumberland (England)
Languages : en
Pages : 328
Book Description
A History of Westmorland
Author: Richard Saul Ferguson
Publisher:
ISBN:
Category : Cumbria (England)
Languages : en
Pages : 332
Book Description
Publisher:
ISBN:
Category : Cumbria (England)
Languages : en
Pages : 332
Book Description
The Selected Letters of Ezra Pound, 1907-1941
Author: Ezra Pound
Publisher: New Directions Publishing
ISBN: 9780811201612
Category : Literary Collections
Languages : en
Pages : 388
Book Description
Originally published in 1950 under title: The letters of Ezra Pound, 1907-1941.
Publisher: New Directions Publishing
ISBN: 9780811201612
Category : Literary Collections
Languages : en
Pages : 388
Book Description
Originally published in 1950 under title: The letters of Ezra Pound, 1907-1941.
Testamenta Karleolensia
Author: Carlisle, England (Diocese)
Publisher:
ISBN:
Category : Wills
Languages : la
Pages : 216
Book Description
Publisher:
ISBN:
Category : Wills
Languages : la
Pages : 216
Book Description
The Annenbergs
Author: John E. Cooney
Publisher: Simon & Schuster
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 456
Book Description
"This is the colorful and dramatic biography of two of America's most controversial entrepreneurs: Moses Louis Annenberg, 'the racing wire king, ' who built his fortune in racketeering, invested it in publishing, and lost much of it in the biggest tax evasion case in United States history; and his son, Walter, launcher of TV Guide and Seventeen magazines and former ambassador to Great Britain."--Jacket.
Publisher: Simon & Schuster
ISBN:
Category : Biography & Autobiography
Languages : en
Pages : 456
Book Description
"This is the colorful and dramatic biography of two of America's most controversial entrepreneurs: Moses Louis Annenberg, 'the racing wire king, ' who built his fortune in racketeering, invested it in publishing, and lost much of it in the biggest tax evasion case in United States history; and his son, Walter, launcher of TV Guide and Seventeen magazines and former ambassador to Great Britain."--Jacket.
Fresh from the Farm 6pk
Author: Rigby
Publisher:
ISBN: 9781418914219
Category :
Languages : en
Pages : 0
Book Description
Publisher:
ISBN: 9781418914219
Category :
Languages : en
Pages : 0
Book Description