John Marthinsen, Babson College

Publisher: Addison-Wesley
Copyright: 2005
Format: Paper; 270 pp

ISBN-10:	0321197488
ISBN-13:	9780321197481

Our Price: £29.99
Status: Not Yet Published
Estimated Availability: 24 Feb 2004

Risk Takers profiles seven real-life situations in which financial derivatives resulted in fabulous success or spectacular failure while also exploring some everyday uses of derivatives, such as stock options. Beyond simple case studies, this book fully explores the events, providing context and discussing outcomes. Studying the affects of the derivative-related decisions made by companies and municipalities, readers gain a full understanding of these complex instruments. These clearly written stories bridge the gap between financial theory and real world applications, and are recommended reading for all students of finance and anyone interested in the world of finance and financial derivatives.

Part I.

Part II.

• Goes beyond the headlines covering well-known events in depth—including the Orange County and Barings Bank bankruptcies and massive losses suffered by Long-Term Capital Management, as well as other equally dramatic derivative-related events.

• Provides the crucial link between theory and practice.

• Holds readers' attention with engaging stories written in a clear and accessible style.

• Contains Concept Highlights to add depth to key topics in the study of financial derivatives.

• Uses end-of-chapter questions to test understanding of the principles underlying the stories.