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Also by Frank Partnoy:

Wait, July 2012
Hardcover / e-Book
The Match King, April 2009
Hardcover
Fiasco, April 2009
Paperback
Infectious Greed, February 2004
Paperback

FIASCO
By: Frank Partnoy

Blood in the Water on Wall Street

W. W. Norton & Company
April 2009
On Sale: April 6, 2009
272 pages
ISBN: 0393336816
EAN: 9780393336818
Paperback
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Non-Fiction

“Applies an intelligent, clinical eye to [an] excruciatingly complex corner of the financial world.” —New York Times A classic of its kind, Frank Partnoy’s best- selling FIASCO takes readers inside the rollicking world of derivatives on Wall Street during the mid-1990s. The book tracks Partnoy’s success as a young Morgan Stanley employee who quickly becomes steeped in a culture that treats client as targets to be “blown up” or have their faces “ripped off.” A decade later FIASCO remains one of the most damning and prescient pictures of the speculative frenzies that grip Wall Street and the victims they can leave in their wake. In Partnoy’s case they include well-publicized losses at Orange County, Barings, and Procter & Gamble, among others. A new epilogue written for this edition brings Partnoy’s story—as well as the story of derivatives—up to the present.

Media Buzz

Fresh Air - NPR - March 25, 2009