Diary of a Very Bad Year - by Anonymous Hedge Fund Manager & N+1 & Keith Gessen (Paperback)
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<p/><br></br><p><b> About the Book </b></p></br></br>"n + 1" Magazine, a New York literary magazine, presents a profoundly candid and captivating insider account of the economic crisis from an anonymous hedge fund manager.<p/><br></br><p><b> Book Synopsis </b></p></br></br>"Diary of a Very Bad Year is a rarity: a book on modern finance that's both extraordinarily thoughtful and enormously entertaining."</p>-- James Surowiecki, author of <i>The Wisdom of Crowds</i> </p> </p>"A great read. . . . HFM offers a brilliant financial professional's view of the economic situation in real time, from September 2007, when problems in financial markets began to surface, until late summer 2009."</p>-- <i>Booklist </i></p> </p>"<em>n+1</em> is the rightful heir to <em>Partisan Review</em> and the <em>New York Review of Books</em>. It is rigorous, curious and provocative." </p>-- Malcolm Gladwell </p> </p>A profoundly candid and captivating account of the economic crisis and subprime mortgage collapse, from an anonymous hedge fund manager, as told to the editors of New York literary magazine <em>n+1</em>.</p></p><p/><br></br><p><b> From the Back Cover </b></p></br></br><p>The First Book from <em>n+1</em>--an Essential Chronicle of Our Financial Crisis</p><p>HFM: Where are you going to buy protection on the U.S. government's credit? I mean, if the U.S. defaults, <em>what bank</em> is going to be able to make good on that contract? Who are you going to buy that contract from, the Martians?</p><p>n+1: When does this begin to feel like less of a cyclical thing, like the weather, and more of a permanent, end-of-the-world kind of thing? </p><p>HFM: When you see me selling apples out on the street, that's when you should go stock up on guns and ammunition.</p><p/><br></br><p><b> Review Quotes </b></p></br></br><br>"<i>n+1</i> (in the person of Keith Gessen) lends an outsider's ear to the brilliant disquisitions of a guy caught in the middle of it all. . . . Excellent reading. . . . Compelling."--<i>The Millions</i><br><br>"<i>Diary of a Very Bad Year</i> does something few of the books written about the crisis have accomplished: It delivers an insider perspective on the events in real time, rather than dwelling on conclusions reached after the fact."--<i>BusinessWeek</i><br><br>"<i>Diary of a Very Bad Year</i> is a rarity: a book on modern finance that's both extraordinarily thoughtful and enormously entertaining."--James Surowiecki, author of <i>The Wisdom of Crowds</i><br><br>"<i>Diary of a Very Bad Year</i> takes the first steps toward putting a human face on the funds."--<i>Newsweek</i><br><br>"A great read. . . . HFM offers a brilliant financial professional's view of the economic situation in real time, from September 2007, when problems in financial markets began to surface, until late summer 2009."--<i>Booklist</i><br><br>"A highly readable refresher on the financial crisis. . . . Amazingly--and largely because of the anonymity he's granted--the nameless hedgie gives straight answers. . . . While HFM comes off as a bro you don't want to mess with, the book is packed with plenty of humor."--<i>The Wall Street Journal</i><br><br>"A short, illuminating set of interviews with one savvy, articulate Wall Streeter. . . . A penetrating, educational and at times harrowing play-by-play."--<i>Time</i> magazine<br><br>"A wonderful book. <i>Diary of a Very Bad Year</i> is a fascinating commentary on the crisis and a great read."--David Backus, Professor of Economics and Finance, NYU's Stern School of Business<br><br>"Eminently readable. . . . Always engaging. . . . Although it is not fiction, <i>Diary of a Very Bad Year</i> is, in its own way, an attempt to bridge the gulf between the literary and financial worlds."--<i>Financial Times</i><br><br>"HFM does a good job of teaching the reader how mortgage-backed paper, money-market funds, and credit-default swaps work, while offering up juicier tidbits about the ethics and legalities of his sector."--<i>Time Out New York</i><br><br>"My favorite book written about the financial crisis. . . . Highly recommended."--Ezra Klein, <i>The Washington Post</i><br><br>"Thoughtful, funny and unpretentious. . . . An unexpected treat that belongs on the shelf once labeled belles-lettres. . . . It is plenty enjoyable to watch HFM's mind unfurl."--Dwight Garner, <i>The New York Times</i><br>
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