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When Genius Failed: The Rise and Fall of Long-Term Capital Management"A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure." The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic now with a new Afterword in which the author draws parallels to the recent financial crisis Roger Lowenstein captures the gripping roller coaster ride of Long Term Capital Management. Drawing on confidential internal
"A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure."--The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic--now with a new Afterword in which the author draws parallels to the recent financial crisis--Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term's fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM's implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability--and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed " Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris."--BusinessWeek "Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating."--The Washington Post "Story-telling journalism at its best."--The EconomistBinding Type: Paperback
Publisher: Random House Trade
Published: 10/09/2001
ISBN: 9780375758256
Pages: 304
Weight: 0.46lbs
Size: 8.01h x 5.16w x 0.60d
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4.6 ★★★★★
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Product Reviews
★★★★★ 5
Accurate reviews for fit n color
Size: 32, Color: Brown
I’m about a 33 waist I got a 32 of other reviews and recommendations. Do you run slightly large so it fits great Color slightly off, but I also do that in other review. Purchase two.
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Reviewed in the United States on March 2, 2026
★★★★★ 5
That it fits good and doesn't feel cheaply made
Size: 36W x 30L, Color: Blue
Very nicely made and comfortable to!
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Reviewed in the United States on May 25, 2026
★★★★★ 5
Feel that flex without feeling that rubbery texture.
Size: 36W x 30L, Color: Black
These fit great! The texture isn't wuite like denim, more like a soft tablecloth, but that's quite alright. They have a flex that I need. Sometimes with "slim fit" stretch jeans, I feel a bit restrained in my thighs, this time, instead of ordering my usual size, I went up a notch. I can just wear a belt if I need to. I can fully articulate my legs in this set, in the stretchiness doesn't feel like weird rubbery velvet. They look good, they feel good. I imagine they'll last a bit longer than some of my other stretch jeans that had spandex or whatever in them.
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Reviewed in the United States on April 11, 2026
★★★★★ 3
Good work pants
Not too bad, but the material is thin. The fit is perfect, exactly what I ordered. I will use them for errands and working around the house.
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Reviewed in the United States on March 29, 2026
★★★★★ 5
Top product
Size: 34W x 30L, Color: Black
Outstanding item
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Reviewed in the United States on June 5, 2026
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