Why aren't they shouting? : a banker's tale of change, computers and perpetual crisis / Kevin Rodgers

Author : Rodgers, Kevin
Rating :
Why aren't they shouting? : a banker's tale of cha...

We're all familiar with the screaming headlines: greedy bankers destroyed banking. But is it really as simple as that? Kevin Rodgers has his doubts, and in this fascinating inside account of the financial world over the past three decades, he explains why. Taking us from the days when traders still shouted their deals down the phone to the silent modern world of computer trading, he shows how, far more than the pursuit of personal gain, it has been the pursuit of ever-more sophisticated systems, algorithms and financial models that has undermined banking and made it chronically unstable. He also shows how, by their very nature, the computers on which modern finance now so completely depend are hopelessly ill-equipped to forestall a future crash

Publisher : London : Random House Business Books
Publish Year : 2016
Category : Financial Markets
Page : xvi, 304 pages
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