Stalking the Black Swan

Stalking the Black Swan

Kenneth A. Posner spent close to two decades as a Wall Street analyst, tracking the so-called "specialty finance" sector, which included controversial companies such as Countrywide, Fannie Mae, Freddie Mac, CIT, and MasterCard& mdash;many of which were caught in the subprime mortgage and capital markets crisis of 2007. While extreme volatility is nothing new in finance, the recent downturn caught many off guard, indicating that the traditional approach to decision… (more)

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Book Details  


Publisher: Columbia University Press (March 31, 2010)

Collection: Columbia Business School Publishing

Language: English


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