Far from neutralising risk, as their name might suggest, some are simply vehicles for large–scale speculation – raiding currencies, disrupting bond markets, and embarrassing governments.
This book looks in detail at the secret world of hedge funds, how they work, the larger than life characters who run them, their private passions and the risks they run.
Courtesans of Capitalism.
Masters of the Universe.
Speculators and Hedgers.
Rogues, Philosophers and Philanthropists.
The Archimedes of Greenwich.
Toxic Waste and Vultures.
Highwaymen of the Global Economy.
The Hedge Fund in Your Bank.
Finance′s Four–Letter Word.
Dance of the Seven Veils.