Infectious Greed

Infectious Greed

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First published in 2003, Infectious Greed examined how our greed-driven culture led to the generation of massive profits, but also to unprecedented levels of risk, widespread deception, and high profile disasters like Enron and Worldcom. In the wake of the 2008-9 financial crisis, Partnoy's analysis of how major companies obscured the reality from shareholders by disguising risk and side-stepping regulations, is more pertinent than ever. Beginning in the mid-1980s with the introduction of the first proto-derivatives, Partnoy gives an intelligent and thorough account of the dangerous manipulations that have and continue to come to light.... in 1990, the year the investment bank did Ciscoa#39;s IPOa€”the Initial Public Offering in which the privately owned technology firm first sold shares to the general public. ... John Mack, and a run-in with a Morgan Stanley technology research analyst who had rated one of Quattronea#39;s clients a ... 8 Then he promptly quit to join CS First Bostona€”Allen Wheata#39;s firma€”taking along the best bankers from his group, anbsp;...

Title:Infectious Greed
Author: Frank Partnoy
Publisher:Profile Books - 2010

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