Fiasco

From NPR… listen to Frank Partnoy on derivatives (MP3 file)…. excellent discussion of derivative products, how they are sold, Congressional efforts to regulate them and the instability they add to the financial system… (running time ~ 40 minutes) March 25, 2009 · Years before the current economic crisis, law professor and former Wall Street trader Frank Partnoy was warning about the dangers of risky financial practices. In his 1997 book FIASCO: Blood in the Water on Wall Street , Partnoy