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Big bets gone bad : derivatives and bankruptcy in Orange County / Philippe Jorion; with assistance of Robert Roper

By:

JORION, Philippe

Contributor(s):

Robert Roper

Material type: Text

TextPublication details: San Diego : Academic Press, c1995.Description: x, 176p. : ill. ; 21cmISBN:

0-12 3903903660-2

Subject(s):

Citron, Robert L. Investment of public funds -- California -- Orange County. Derivative securities

DDC classification:

22nd ed. 336.79496 JOR

Summary: In December 1994, Orange County became the largest municipality in US history to become bankrupt. How can a municipal investment pool, which is supposed to be safe, lose billions of dollars? What are derivatives and how did they contribute to this tragedy? This book presents a description of the Orange County bankruptcy.

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Holdings
Item type	Current library	Collection	Call number	Status	Barcode
Books	CUoM Library General Stacks	Economics	336.79496 JOR (Browse shelf(Opens below))	Available	00004666
Books	CUoM Library General Stacks	Economics	336.79496 JOR (Browse shelf(Opens below))	Available	00004667

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Includes bibliography and index

In December 1994, Orange County became the largest municipality in US history to become bankrupt. How can a municipal investment pool, which is supposed to be safe, lose billions of dollars? What are derivatives and how did they contribute to this tragedy? This book presents a description of the Orange County bankruptcy.

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