Chapter 9 Long-Term Capital Mismanagement

Chapters in this book

1. Frontmatter I
2. Dedication V
3. Acknowledgments for the Fourth Edition
4. Acknowledgments for the First to Third Editions
5. Contents XI
6. Preface XXVII
7. Chapter 1 Primer on Derivatives 1
8. Chapter 2 Employee Stock Options 19
9. Chapter 3 Roche Holding: The Company, Its Financial Strategy, and Bull Spread Warrants 49
10. Chapter 4 The Three Amigos and Their Strategy 79
11. Chapter 5 Metallgesellschaft AG 102
12. Chapter 6 Swaps that Shook an Industry 128
13. Chapter 7 Orange County 159
14. Chapter 8 Barings Bank PLC 192
15. Chapter 9 Long-Term Capital Mismanagement 222
16. Chapter 10 Amaranth Advisors LLC 263
17. Chapter 11 Société Générale and Rogue Trader Jérôme Kerviel 303
18. Chapter 12 AIG: Two Roads to Ruin 330
19. Chapter 13 JPMorgan Chase and the “London Whale” 365
20. Chapter 14 Greensill Capital’s Supply-Chain Debacle: A Fintech Mirage 393
21. Chapter 15 Archegos Capital Management: A Total Return Swap Catastrophe 450
22. Index 513