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The bond king : how one man made a market, built an empire, and lost it all

Title
The bond king : how one man made a market, built an empire, and lost it all / Mary Childs.
ISBN
9781250120847
1250120845
9781250120854
Edition
First edition.
Publication
New York : Flatiron Books, 2022.
Copyright Notice Date
©2022
Physical Description
329 pages ; 25 cm
Summary
"From the host of NPR's Planet Money, the deeply-investigated story of how one visionary, ruthless investor changed American finance forever. Before Bill Gross was known among investors as the Bond King, he was a gambler. In 1966, a fresh college grad, he went to Vegas armed with his net worth ($200) and a knack for counting cards. $10,000 and countless casino bans later, he was hooked: so he enrolled in business school. The Bond King is the story of how that whiz kid made American finance his casino. Over the course of decades, Bill Gross turned the sleepy bond market into a destabilized game of high risk, high reward; founded Pimco, one of today's most powerful, secretive, and cutthroat investment firms; helped to reshape our financial system in the aftermath of the Great Recession-to his own advantage; and gained legions of admirers, and enemies, along the way. Like every American antihero, his ambition would also be his undoing. To understand the winners and losers of today's money game, journalist Mary Childs argues, is to understand the bond market-and to understand the bond market is to understand the Bond King"-- Provided by publisher.
Format
Books
Language
English
Added to Catalog
August 01, 2022
Bibliography
Includes bibliographical references.
Contents
The Housing Project
In the Beginning
The Turn
The Crisis
Constructive Paranoia
New Normal
Stinker
Edge
Grow or Die
Ratfucked
Taper Tantrum
Secretariat
Gross Bill
Stealing the Firm
Minutes
Epilogue.
Citation

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