SKU: 77077466950

Demon of Our Own Design P

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Demon of Our Own Design PInside markets, innovation, and risk Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street from Morgan Stanley to Salomon and Citigroup and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier

Inside markets, innovation, and risk

Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street-from Morgan Stanley to Salomon and Citigroup-and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man's attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.



Binding Type: Paperback
Publisher: John Wiley & Sons
Published: 12/01/2008
ISBN: 9780470393758
Pages: 278
Weight: 0.79lbs
Size: 8.96h x 6.02w x 0.80d
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SKU: 77077466950

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4.7 ★★★★★
Based on 28 reviews
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William M. Ferriter
Waukegan, US
★★★★★ 5
Not Your Average Laptop Stand
One of the things that I always worry about with stands for my computer is how sturdy they will be. If they aren't sturdy, they aren't really worth having. This is super sturdy -- I don't feel any bounce or flex when I work on it. It's also super well made and looks good sitting on my desk. Both of those things make this one of the best stands that I've used. I just wish it were adjustable.
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Reviewed in the United States on September 7, 2025
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Verified Purchase
Kim G
Cuba, US
★★★★★ 5
Great Product
Size: 9.25 Inch, Number of Items: 6
These shelf brackets are high quality and very sturdy! They were very easy to install, all hardware was included. The brackets accommodate either a 1" or 2" shelving material thickness. The price point was terrific, I highly recommend these brackets.
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Reviewed in the United States on January 20, 2024
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Verified Purchase
hgo
Charlottesville, US
★★★★★ 5
Made well. Quality product.
Size: 9.25 Inch, Number of Items: 6
Great quality, very sturdy. Bought and tried others that were inferior. Will be purchasing more of these.
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Reviewed in the United States on September 21, 2025
M
Verified Purchase
Megan L Von Urff
Chelsea, US
★★★★★ 5
Sturdy, great quality!
Size: 7.25 Inch, Number of Items: 6, Size: 7.25 Inch, Number of Items: 6
The brackets were exactly what I had in mind, and at a much more affordable price than Home Depot. They are sturdy and look amazing!
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Reviewed in the United States on March 20, 2024
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Verified Purchase
Amy
Waukegan, US
★★★★★ 4
Nice brackets
Size: 11.25 Inch, Number of Items: 8, Size: 11.25 Inch, Number of Items: 8
The brackets look great and fit a 1x12 board perfectly. They've been installed for a few days and seem to be sturdy. So far, the only negative is the hardware, as other reviewers have mentioned. Initially, I had some trouble locating the stud and decided to use the drywall anchors. I got one bracket installed and the anchor was already pulling out of the wall. Overall, I think the brackets are great, but just use your own screws and drywall anchors (if needed).
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Reviewed in the United States on February 11, 2023

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