Derivatives, Regulation and Banking

Rating:
Summary: A good look into the volitile world of banking Derivatives
Review: Barry Schachter does a wonderful job of compiling the pros and cons of the complex derivative market.

This book is complete with real world data on trading activities, the usage of derivatives, and the possible systemic risk associated with these practices.

I enjoyed this books straight forward and easy to understand format which made it simple to evaluate the issues facing our complex banking system.

This book could easily have gotten a five star review from me if it wasn't for my one and only complaint.

My only complaint has to do with the date of publication, not with any of the information (or lack of information) presented in this book.

I am curious how the author would view more recent issues including the possible clasped of several major Japanese banks, Enron, and the current crisis in Argentina.

KC