SKU: 77077466950

Demon of Our Own Design P

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Description

Demon of Our Own Design PInside markets, innovation, and risk Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street from Morgan Stanley to Salomon and Citigroup and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier

Inside markets, innovation, and risk

Why do markets keep crashing and why are financial crises greater than ever before? As the risk manager to some of the leading firms on Wall Street-from Morgan Stanley to Salomon and Citigroup-and a member of some of the world's largest hedge funds, from Moore Capital to Ziff Brothers and FrontPoint Partners, Rick Bookstaber has seen the ghost inside the machine and vividly shows us a world that is even riskier than we think. The very things done to make markets safer, have, in fact, created a world that is far more dangerous. From the 1987 crash to Citigroup closing the Salomon Arb unit, from staggering losses at UBS to the demise of Long-Term Capital Management, Bookstaber gives readers a front row seat to the management decisions made by some of the most powerful financial figures in the world that led to catastrophe, and describes the impact of his own activities on markets and market crashes. Much of the innovation of the last 30 years has wreaked havoc on the markets and cost trillions of dollars. A Demon of Our Own Design tells the story of man's attempt to manage market risk and what it has wrought. In the process of showing what we have done, Bookstaber shines a light on what the future holds for a world where capital and power have moved from Wall Street institutions to elite and highly leveraged hedge funds.



Binding Type: Paperback
Publisher: John Wiley & Sons
Published: 12/01/2008
ISBN: 9780470393758
Pages: 278
Weight: 0.79lbs
Size: 8.96h x 6.02w x 0.80d
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SKU: 77077466950

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4.8 ★★★★★
Based on 21 reviews
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Verified Purchase
Valhalla49
Omaha, US
★★★★★ 5
When they said strong...
...they weren't kidding. Our pup would chew through everything she could get her sharks teeth into. Like my arms. Nothing lasted as long as a week or maybe two. But she has had Dino for months now. She loves him. He is the go to toy for when she wants to play tug. The material used to make this toy is every bit as strong as the seller claims. I will definitely buy from them again. And I will not wait for this one to rip. I may be waiting a long time. If your pup likes to tear stuff apart, feel safe in buying this toy, UPDATE: 2/9/2023 Dino finally succumbed to the torture. His back ripped open and despite trying to repair him with ordinary thread he couldn't withstand the pressure, His stuffing was removed and spread all over the living room. Completely emptied he is still a good toy. Strong enough to withstand the forceful play of tug-o-war. Only thing I would suggest is to use something stronger when closing his back. The rest of him is great. I will be replacing him soon.
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Reviewed in the United States on January 30, 2023
R
Verified Purchase
Rachel
Massapequa, US
★★★★★ 4
Not so tough
Size: Mini, Color: Gator (Pink)
I bought this because I dog sit. The dog chews up every. Single. Toy. So I bought it since it was cheap and it can be in the “chunk” (the dog’s name) toy box. It is not durable at all. He tore it up just as fast as a cheaply made toy. Chunk LOVES it! He would not stop playing with it. He loves the squeakers, it is a perfect size for him to throw it up in the air and chase it, and he loved ripping the legs off. It is good for my husband and I because there is little to no fluff. However, it is the perfect size to drop behind the couch and not be able to get. So once he drops it behind the couch, he won’t get it until morning. Now for my dog’s rating. My dog loves this toy too. He is much more gentle with toys (he has $5 Walmart toys we bought him back in 2020 in perfect condition that he plays with them every day). Before Chunk came over for the weekend, my dog Ted played with this. Ted is a larger small dog and chunk is a smaller small dog. And it is still the perfect size for both dogs.
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Reviewed in the United States on April 26, 2026
S
Verified Purchase
Scott T
Fort Morgan, US
★★★★★ 5
Tough
Size: Large, Color: Dinos Frills (Pink)
Tough dog toy that's held up through multiple washes! My dogs love the squeaker. They are not destructive chewers so I can't really say how it would hold up with that kind of dog though.
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Reviewed in the United States on June 8, 2026
O
Verified Purchase
ocd_reader
Phoenix, US
★★★★★ 5
Cute and well made my dogs love it.
Size: Mini, Color: Gator (Pink)
Cute little toy definatly for small toy sized dogs. This toy is bright and colorful and well made. My little dog likes it very much and tosses it around all the time. Great toy for fetch.
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Reviewed in the United States on May 5, 2026
M
Verified Purchase
MW
Houston, US
★★★★★ 1
Squeaker inside toy breaks after 2 days
Size: Mini, Color: Gator (Pink)
Bought for my 8 lb chihuahua for Christmas. I have 3 little girls. The youngest loves her toys and of course she took this one over immediately. She just loved everything about it. The material on the gator is amazingly durable and I believe would hold up for a good while. The squeaker inside the toy however, broke after 2 days of my girl playing with it. It's now a noiseless toy that she does not like too much as it does not squeak because it only had the one squeaker in it. I would recommend that 2 squeakers be inserted into this gator. I would not purchase again due to the longevity of the squeaker...only lasted 2 days.
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Reviewed in the United States on January 5, 2026

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