Demon of Our Own Design P
SKU: 77077466950

Demon of Our Own Design P

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Demon of Our Own Design PInside markets, innovation, and risk Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street from Morgan Stanley to Salomon and Citigroup and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier

Inside markets, innovation, and risk

Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street-from Morgan Stanley to Salomon and Citigroup-and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man's attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.



Binding Type: Paperback
Publisher: John Wiley & Sons
Published: 12/01/2008
ISBN: 9780470393758
Pages: 278
Weight: 0.79lbs
Size: 8.96h x 6.02w x 0.80d
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SKU: 77077466950

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Verified Purchase
Jon
Omaha, US
★★★★★ 5
Easy to use, charge lasts a while
Color: External Adjustment Silver, Size: Rechargeable
Charge base, fill grinders and use! Been months and no recharge yet. Light and multi grind settings are great features
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Reviewed in the United States on May 6, 2026
J
Verified Purchase
James
Omaha, US
★★★★★ 4
Grind Away
Color: External Adjustment Silver, Size: Rechargeable
These are great, I really like the adjustable of the grind. The only issue, they can be difficult to use with one hand. They are very smooth and slip out of your hand. It would be nice if they had some texture around the top for grip. Other wise a very good product for the price and works very well.
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Reviewed in the United States on March 19, 2026
A
Verified Purchase
Amazon Customer
Boise, US
★★★★★ 5
Perfect For My Kitchen
Color: External Adjustment Silver, Size: Rechargeable
I just love this set and its features especially the adjustability of the release of salt and pepper. You don’t have to turn a knob under the bottom where the salt and pepper comes out. Its appearance is sleek and matches well with my kitchen decor.
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Reviewed in the United States on April 4, 2026
D
Verified Purchase
David O'Boyle
Waukegan, US
★★★★★ 1
One month, and both died. Just stopped working.
Color: External Adjustment Silver, Size: Rechargeable
I bought these one month ago and one of them stopped working, almost like it died, but even when on the charger for a long time, it still wouldn’t work. Just died. Then today, the other one broke just the same way. Like the motor completely died no matter how long it’s on the charger. Highly recommend looking in a different direction for electric salt and pepper grinders.
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Reviewed in the United States on May 14, 2026
J
Verified Purchase
Julie V.
Omaha, US
★★★★★ 5
You want these!
Color: Brown, Size: Rechargeable
Amazing!! These are a huge hit in our house. Just push the button. I’ve had them for a while and haven’t had to charge them.
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Reviewed in the United States on June 6, 2026

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