{"product_id":"hedge-funds-leverage-and-the-presidents-working-group-9781646790241","title":"Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management","description":"\u003cp\u003e\".. excessive leverage can increase the likelihood of a general breakdown in the functioning of financial markets\u003cem\u003e.\u003c\/em\u003e\" --President's Working Group on Financial Markets, 1999\u003c\/p\u003e\u003cp\u003e\u003cem\u003eHedge Funds, Leverage, and the Lessons of Long-Term Capital Management\u003c\/em\u003e is a report issued by the President's Working Group in 1999, after the prior year's crisis in global financial markets and the near collapse of Long-Term Capital Management. This report explains the risks of excessive leverage of hedge funds and other financial institutions to the financial system, and recommends measures to mitigate these risks.\u003c\/p\u003e\u003cp\u003eStudents of financial history, journalists, politicians, and anyone interested in the workings of financial markets and the Plunge Protection Team, will find this vital background reading.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e President's Working Group\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 1646790243\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9781646790241\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Cosimo Reports\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 12\/22\/2020\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 146\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.45lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.00h x 6.00w x 0.31d","brand":"President's Working Group","offers":[{"title":"Paperback","offer_id":45980915040511,"sku":"9781646790241","price":22.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_8b014c0f-3074-4562-9af4-fff942ac6131.jpg?v=1722417228","url":"https:\/\/www.whiterainbookhouse.com\/products\/hedge-funds-leverage-and-the-presidents-working-group-9781646790241","provider":"WR Book House","version":"1.0","type":"link"}