Big Bets Gone Bad: Derivatives and Bankruptcy in Orange County. The Largest Municipal Failure in U.S. History

Jorion, Philippe

Ouvrage indisponible

Éditeur
Academic Press Inc
Pages
176
Parution
septembre 1995
Format
Livre broché
Langue
Anglais
Dimensions
210 × 140 × 15 cm
EAN
9780123903600
  • Résumé

In December 1994, Orange County became the largest municipality in US history to become bankrupt. How can a municipal investment pool, which is supposed to be safe, lose billions of dollars? What are derivatives and how did they contribute to this tragedy? This book presents a description of the Orange County bankruptcy.
Bio de l'auteur
Sommaire / contenu
Nous vous suggérons aussi
Retour en haut de page