FIASCO: Blood In the Water on Wall Street

Frank Partnoy, a former high-flying derivatives salesman, gives a vivid and shocking account of the vicious competition, raw machismo and dirty tricks at work in the riskiest sector of the stock market. Billions of dollars worth of securities are traded - and lost - in this amazing arena. Derivatives trading has also played a huge part in the global credit crunch that is the biggest story in the world today. This edition includes a sensational new chapter covering this, and all the other latest scandals.

Review: Take it from us that F.I.A.S.C.O. is absolute dynamite ... Partnoy doesn't take prisoners. * Euroweek *

Guns, booze and bloodlust: the truth about high finance * The Sunday Times *

Gripping, unreal stuff, delivered with wry humour. * Business Age *

F.I.A.S.C.O. is a ringside seat on the nastiest and most important game being played on Wall Street today. Think of derivatives trading as a blood sport, with the unsuspecting consumer as prey. Read this book, or else ... * Michael Lewis, author of Liar's Poker *