This book, written by ?investment banker Tetsuya Ishikawa, was left behind by pakdokter's daughter, Raena, when she came home for the holidays over Christmas. Pakdokter managed to read it during the holidays in Kerala.
A simple and interesting book to read, it was a good attempt at explaining the complicated web and designs of financial intruments like the CDOs, the CDS etc etc which the young and smart alecks at the various investment banks created leading to the credit crunch and the global financial crash of the 2008/2009.
The book made an equally interesting read about the lifestyles of these high-flying bankers which made pakdokter turn green with envy.....
Pakdokter cannot blame Obama for going hard on these bankers, who despite the fall-out still think they deserve a fat bonus........
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