Skyrm makes complex financial scenarios accessible to all interested readers in an informative and entertaining manner.
We can all learn something from this book.
-Thomas Peterffy, Chairman, CEO, and President of Interactive Brokers Skyrm put together the story of MF Global like no one else could in providing the ultimate autopsy covering destructive financial engineering that's played such a big role in our capital markets.
-Lawrence G.
Mc Donald, New York Times best selling author of A Colossal Failure of Common Sense God is in the details.
first come the reporters, then the lawyers.
Skyrm's book is the necessary antidote.
Only someone who has 'done' it can explain it.
Perhaps the best 'counterfactual' rationale for reading The Money Noose: If John Corzine had been able to before, there would likely have been no after.
-Stan Jonas, Managing Partner, Axiom Management Partners In 2010, President Barack Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act.
MF Global was bankrupt less than a year after the law's passage.
THE MONEY NOOSE is a general accounting of the facts that led to MF Global's collapse, as well as the story of the major players involved.
It is a chaotic story, one in which individual actions taken in and of themselves are relatively minor.
But the sum of those individual actions equal the same end result.
How, then, can investors protect themselves from this outcome? The best answer is education.
Investors need to be fully aware of what is involved in the investment process, and that includes an understanding of seg funds.
It is, after all, their money.
This book is designed to tell the story of MF Global, what went wrong and how things came to an abrupt end.
In those regards, it's an incredible story.
Scott E.
Skyrm is one of the leading figures in the repo and securities finance markets today, and regularly quoted in The Wall Street Journal, The Financial Times, Bloomberg News Service, Reuters, Market News,.
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Brick Tower Press The money noose: jon corzine and the collapse of mf global, paperback/scott skyrm
