Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

作者：Christine S. Richard

书名：Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street's Bluff

著名对冲基金经理比尔·阿克曼（Bill Ackman）花费六年时间，发出警告：2.5万亿美元的债券保险业务是一场即将到来的灾难。本书讲述了他是如何被《华尔街日报》和《纽约时报》冠以欺诈罪名，并被艾略特·斯皮策（Eliot Spitzer）和美国证券交易委员会（Securities and Exchange Commission）调查，以及当债券保险公司引发信贷市场崩溃时，他又是如何让他的投资者成功赚取10多亿美元的故事。本书作者通过阿克曼的故事，揭示了过度的杠杆率、危险的金融模型以及对3A信用评级的盲目依赖是如何将华尔街推向灾难的。这是发生在真实世界的“皇帝的新衣”，讲述了一个被广泛传播的错觉和一个反对的声音是如何导致了大萧条以来最严重的金融危机。

英文简介：An expose on the delusion, greed, and arrogance that led to America's credit crisis.

The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U.S. history. Confidence Game: How a Hedge Fund Manager Called Wall Street's Bluff is the story of Bill Ackman's six-year campaign to warn that the $2.5 trillion bond insurance business was a catastrophe waiting to happen. Branded a fraud by the "Wall Street Journal" and "New York Times," and investigated by Eliot Spitzer and the Securities and Exchange Commission, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets.