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Big Bets Gone Bad

- Derivatives and Bankruptcy in Orange County. The Largest Municipal Failure in U.S. History

af Philippe Jorion
Big Bets Gone Bad af Philippe Jorion
Bag om Big Bets Gone Bad

In December 1994, Orange County became the largest municipality in US history to become bankrupt. How can a municipal investment pool, which is supposed to be safe, lose billions of dollars? What are derivatives and how did they contribute to this tragedy? This book presents a description of the Orange County bankruptcy.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780123903600
  • Indbinding:
  • Paperback
  • Sideantal:
  • 176
  • Udgivet:
  • 18. september 1995
  • Størrelse:
  • 143x217x11 mm.
  • Vægt:
  • 258 g.
  • BLACK WEEK
  Gratis fragt
Leveringstid: 8-11 hverdage
Forventet levering: 10. december 2024

Bag om Philippe Jorion

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Beskrivelse af Big Bets Gone Bad

In December 1994, Orange County became the largest municipality in US history to become bankrupt. How can a municipal investment pool, which is supposed to be safe, lose billions of dollars? What are derivatives and how did they contribute to this tragedy? This book presents a description of the Orange County bankruptcy.

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