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Book Forum Discussion: " The Greatest Trade Ever "
Author: Gregory Zuckerman
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This event is closed for registration
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| Date: |
5/4/10 |
| Time: |
4:30 - 6:30 PM |
| Member Cost: |
$0.00 |
| Nonmember Cost: |
$0.00 |
| Location: |
Union Square Building
3rd Floor Conference Room |
| Address: |
600 University
Seattle |
| Dress Code: |
Business casual. |
| Event Description: |
Book Description: In 2006, hedge fund manager John Paulson realized something few others suspected, that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. But Paulson was convinced this was his chance to make his mark.
In the summer of 2007, the markets began to implode, bringing Paulson early profits, but also sparking efforts to rescue real estate and derail him. By year's end, John Paulson had pulled off the greatest trade in financial history, earning more than $15 billion for his firm--a figure that dwarfed George Soros's billion-dollar currency trade in 1992. Paulson made billions more in 2008 by transforming his gutsy move.
Written by the prizewinning reporter who broke the story in The Wall Street Journal, The Greatest Trade Ever is a superbly written, fast-paced, behind-the-scenes narrative of how a contrarian foresaw an escalating financial crisis--that outwitted Chuck Prince, Stanley O'Neal, Richard Fuld, and Wall Street's titans--to make financial history.
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| Other Information: |
All members and CFA candidates are invited to participate in The Book Forum. Public or private, debt or equity... all perspectives are needed to help make this discussion a success. The Forum will meet every quarter at 4:30-6:30pm in an informal venue. Refreshments provided. After each meeting, participants will select the date, location, book and moderator for the next discussion.
The book is available at many locations, including the Seattle Public Library and the King County Library System. You may purchase the book new or used at most booksellers including www.amazon.com.
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| Comments: |
| Other Information: Members who pre-registered and attended the CFA Society of Seattle Book Forum will automatically receive 2 hours of CE credit for the discussion session. In addition, books used for the forum qualify for CE credit. Members may use standard Reference Times to calculate credit hours earned. You may log this credit in your CE Diary. |
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