When Genius Failed: The Rise and Fall of Long Term Capital Management

A well written book about the rise and fall of LTCM. It takes more then Nobles prize winners to be successful in the fast paced derivatives markets of today. One thing does stand out in this story-everyone wants to become super rich overnight and these highly paid people have absolutely no character. I would sooner put my trust in pimps and pick pockets then I would in people who work in the financial markets. Wall Street is a place where many people are separated from their money.