Book Reviews: Devils and Quants
End your summer reading with these two entertaining cautionary tales of devilish greed and hubris.
Click the titles below for information on location and availability.
- The devil’s casino : friendship, betrayal, and the high-stakes games played inside Lehman Brothers. by Vicky Ward. John Wiley & Sons, 2010.
Engaging story of four friends who set out to create a new culture of integrity and strength of character at Lehman Brothers, yet end up rivals whose greed and egotism set the stage for the biggest bankruptcy in U. S. history.
- The quants : how a new breed of math whizzes conquered Wall Street and nearly destroyed it. by Scott Patterson. Crown Business, 2010.
Four math geniuses use arcane mathematical models and powerful computers to create a new financial system, which tames stock market volatility and earns huge profits, yet eventually precipitates the financial collapse in 2007 and starts the worst global economic crisis since the Great Depression. Also available as an audiobook.
© Meg Trauner & Ford Library – Fuqua School of Business.
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Tags: Business Ethics, Finance, Financial Crisis