||0 of 0 people found the following review helpful.| GOOD HISTORY AND FUTURE PREDICTION|By Robert Del Rosso|The author gives us a great history of derivatives going back to how they were used in 15th Century Italy (you could just invest in 10 percent of a ship - so if the whole ship went down you had limited your risk) and ancient Greece. Alfred also shows how derivatives aquired "steroids" (my term) and became supercharged in||"This book is a stimulating read with an excellent overview of risk in banking. It can be recommended to anyone who is interested in banking, derivatives and the regulation of the financial sector." | -- Times Higher Educational Supplement, 17th November 2000
When it first published in spring 1998, Derivatives: The Wild Beast of Finance made bold predictions and recommendations for the future of global finance. Alfred Steinherr explained that, without effective risk management, the incredible explosion in the use and value of derivatives could destabilise the entire global market structure. His views and suggested solutions were not universally accepted. And then, suddenly, in the space of a few months many of the inherent d...
[PDF.jp06] Derivatives The Wild Beast of Finance: A Path to Effective Globalisation? Rating: 3.97 (585 Votes)
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