02072cam a22003374a 4500 596025 BD-DhUL 20160517170421.0 000228s2000 nyua b 001 0 eng 00028091 037550317X hardback 0375758259 paperback 596025 BD-DhUL BD-DhUL BD-DhUL pcc n-us--- HG4930 .L69 2000 332.6 LOW Lowenstein, Roger. When genius failed : the rise and fall of Long-Term Capital Management / Roger Lowenstein. 1st ed. New York : Random House, c2000. xxi, 264 p. : ill. ; 25 cm. Includes bibliographical references and index. "John Meriwether, a famously successful Wall Street trader, spent the 1980s as a partner at Salomon Brothers, establishing the best - and the brainiest - bond arbitrage group in the world. A mysterious and shy midwesterner, he knitted together a group of Ph.D.-certified arbitrageurs who rewarded him with filial devotion and fabulous profits. Then, in 1991, in the wake of a scandal involving one of his traders, Meriwether abruptly resigned. For two years, his fiercely loyal team - convinced that the chief had been unfairly victimized - plotted their boss's return. Then, in 1993, Meriwether made a historic offer. He gathered together his former disciples and a handful of supereconomists from academia and proposed that they become partners in a new hedge fund different from any Wall Street had ever seen. And so Long-Term Capital Management was born.". "When Genius Failed is the cautionary financial tale of our time, the saga of what happened when an elite group of investors believed they could actually deconstruct risk and use virtually limitless leverage to create limitless wealth."--BOOK JACKET. Hedge funds United States. Long-term Capital Management (Firm) ddc BK ANL YY 332.6 L913 66784 66784 0 0 ddc 0 332_600000000000000_LOW 0 NFIC 113614 DUL DUL GEN 2011-08-10 Purchased 332.6 LOW 460861 2016-05-17 1 2016-05-17 BK 0 0 ddc 0 332_600000000000000_LOW 0 NFIC 113616 DUL DUL GEN 2011-08-10 Purchased 332.6 LOW 460862 2016-05-17 2 2016-05-17 BK