Codes of Finance: Engineering Derivatives in a Global Bank

by Vincent Antonin Lepinay

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The financial industry's invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. In Codes of Finance, Vincent Antonin Lepinay, a former employee of one of the world's leading investment banks, takes readers behind the scenes of the equity derivatives business at the bank before the crisis, providing a detailed firsthand account of the creation, marketing, selling, accounting, and management of these financial instruments--and of how they ultimately created havoc inside and outside the bank.
  • ISBN13 9781400840465
  • Publish Date 8 August 2011 (first published 1 January 2011)
  • Publish Status Active
  • Publish Country US
  • Imprint Princeton University Press