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Codes of Finance
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Codes of Finance: Engineering Derivatives in a Global Bank

Vincent Antonin Lépinay

Abstract

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. This book 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. The book explains how financial operators and financial products coexist and how this coexistence is tense ... More

Keywords: financial industry, credit default swaps, derivatives, 2008 financial crisis

Bibliographic Information

Print publication date: 2011 Print ISBN-13: 9780691151502
Published to Princeton Scholarship Online: October 2017 DOI:10.23943/princeton/9780691151502.001.0001

Authors

Affiliations are at time of print publication.

Vincent Antonin Lépinay, author
Sciences Po