Janet Tavakoli takes you into the world of Warren Buffett by way of the recent mortgage meltdown. In correspondence and discussion with him over 2 years, they both saw the writing on the wall, made clear by the implosion of Bear Stearns. Tavakoli, in clear and engaging prose, explains how the credit mess happened beginning with the mortgage lending Ponzi schemes funded by investment banks, the Fed bailout and its impact on the dollar. Through her narrative, we hear from Warren Buffett and learn how his enduring principles caused him to see the mess that was coming well in advance and kept him and his investors well out of the way.
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Product Details
Weight: 354g
Dimensions: 142 x 224mm
Publication Date: 10 Sep 2010
Publisher: John Wiley & Sons Inc
Publication City/Country: United States
Language: English
ISBN13: 9780470632420
About Janet M. Tavakoli
Janet M. Tavakoli is the President of Tavakoli Structured Finance a consulting firm to financial institutions institutional investors and hedge funds. She is frequently quoted in the business press including the Wall Street Journal the Financial Times the New York Times and was noted as The Cassandra of Credit Derivatives by BusinessWeek identifying the impending crisis years before others. She has appeared on CNN CNBC CBS Evening News Bloomberg TV First Business Morning News Fox News Fox Business News ABC BBC and 60 Minutes. Ms. Tavakoli is the author of several professional finance volumes and was an adjunct associate professor at the University of Chicago's Graduate School of Business where she taught derivatives.