Self-confidence Game, How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

An expose on the deception, greed, and conceit that caused America’s credit crisis The collapse of America’s credit markets in 2008 is rather potentially the greatest monetary catastrophe in U.S. history. Self-confidence Game: How a Hedge Fund Manager Called Wall Street’s Bluff is the story of Bill Ackman’s six-year project to caution that the $2.

5 trillion bond insurance coverage organization was a disaster waiting to take place. Branded a scams by the Wall Street Journal and New York Times, and examined by Eliot Spitzer and the Securities and Exchange Commission, Ackman later on made his financiers more than $1 billion when bond insurance providers began the collapse of the credit markets.

Unwinds the story of the credit crisis through an interesting and human drama Draws on extraordinary access to among Wall Street’s best-known financiers Shows how extreme utilize, unsafe monetary designs, and a blind dependence on triple-A credit rankings sent out Wall Street careening towards catastrophe Confidence Game is a real life “Emperor’s New Clothes,” a tale of prevalent deception, and one dissenting voice in the period leading up to the worst monetary catastrophe considering that the Great Depression.

Learn more

https://medicalbillingcertificationprograms.org/self-confidence-game-how-hedge-fund-manager-bill-ackman-called-wall-streets-bluff/