A vivid and personal account of banking excess.
Tetsuya Ishikawa's story reveals how a young Oxford graduate found himself in command of vast sums of other people's money. It also explalins how a novice to the mysteries of hedge funds and sub-prime mortgages fixed complex deals for billions of dollars in the exclusive bars, brothels, and trading floors of London, New York, Frankfurt and Tokyo - and reaped the benefits in a colossal annual bonus and an international luxury lifestyle.
The chap who wrote this was apparently a quant, not a trader, and this is not an inside story - it's a badly written fiction. The financial details of the story may well be accurate, but there is an awful lot of fantasy about fast cars & expensive prostitutes, which doubtless appealed to the author but which I found utterly uninteresting, badly written & insulting to my intelligence.
A big disappointment.
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