give help to firm in financial difficultyto provide sufficient financial support to a company that is having financial difficulties to ensure its survival
When Genius Failed: The Rise and Fall of Long-Term Capital Management Roger Lowenstein (2001) Tells the story behind the biggest hedge fund collapse ever seen, that sent shock waves through the whole banking system.
Provides perceptive detail into all the main characters involved, including two Nobel Prize winners.
Gives an absorbing account of the Federal Reserve Board’s unprecedented move to bail out the fund after thousands of its derivatives contracts started failing.
Political Risk: Countering the Impact on Your Business by Ian Bremmer Over the past several years, and across a broad range of companies, corporate decision-makers seeking opportunities overseas have learned that it is not enough to have a knowledge of a foreign country’s economic fundamentals. They also have to understand the forces and dynamics that shape these countries’ politics. This is especially true for emerging markets, where politics matters at least as much as economic factors for market outcomes. Of...