Customer Reviews:
 Deja Vu December 3, 2008
Scary. Although LTCM rose and fell some time ago, it could be TODAY. Goes into high level of detail on the more obscure things in the capital markets. While not a quick read, an interesting one.
Great Read, Well Written December 3, 2008
This book was a great read, well written, and hard to put down. Highly recommend.
Arrogance and greed November 25, 2008
This story about Long-Term Capital Management seems like a precursor to today's subprime mortgage fiasco that has come so close to collapsing the world financial markets. While much smaller in scope to the problems we are facing today, the LTC story demonstrates one sad truth : the big Wall Street players take on inordinate amount of risks and if they risk collapse, it is ultimately the taxpayer who has to bail them out.
 Fun for everyone... October 7, 2008
This is a fascinating book about the collapse of one of the largest and most sophisticated hedge funds of all time. The book gives great insight to the hedge fund world, as run by Nobel prize winners and other mathematical geniuses, without being technical. Anyone with a passing interest in the world of finance is likely to enjoy this book.
When Genius Failed: The Rise and Fall of Long-Term Capital Management September 16, 2008
1 out of 1 found this review helpful
An excellent read & indeed very relevant in today's' times when we see fiascos in the financial markets repeated almost every day. I expect another book from Roger Lowenstein soon on Bear Stearns, Lehman, Merrill Lynch & the state of financial markets (today). God Bless Wall Street & God Bless America! Hail Lowenstein!
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