By Ben Mezrich
Ben Mezrich, writer of the New York Times bestseller Bringing Down the House, returns with an spectacular tale of Ivy League hedge-fund cowboys, excessive stakes, and the Asian underworld.
Ugly Americans is the genuine tale of John Malcolm, a hungry younger Princeton grad who traveled midway worldwide looking for the yank dream and finally pulled off a alternate that can, without difficulty, be defined because the greatest deal within the background of the monetary markets.
After receiving a mysterious mobilephone name promising him a shot at nice fortune in an unique land, Malcolm packed up his few property and took the opportunity of a life-time. with no conversing a notice of eastern, with slightly a penny in his pocket, Malcolm used to be thrown into the weird, adrenaline-fueled lifetime of an expat dealer. Surrounded through characters ripped correct out of a Hollywood mystery, he quick realized the way to live to tell the tale in a cutthroat global -- on the toes of the largest avid gamers the markets have ever known.
Malcolm used to be first an assistant buying and selling large positions for Nick Leeson, the twenty-six-year-old rogue dealer who misplaced approximately billion funds and taken down Barings financial institution -- the oldest in England. Then he was once the right-hand guy to an enigmatic and significant hedge-fund cowboy named Dean Carney, and grew into one of many greatest derivatives investors in all of Asia. alongside the way in which, Malcolm fell in love with the daughter of a Yakuza gangster, outfitted an enormous fortune out of skinny air, and got here head-to-head with the violent eastern mobsters who helped flip the Asian markets into the turbulent on line casino it truly is today.
Malcolm and his twentysomething, Ivy League-schooled colleagues, with their warped experience of morality and percentage, created their very own monetary concept: Arbitrage with a conflict awl. They rode the crashing waves of the Asian markets in the course of the mid- to overdue Nineteen Nineties, culminating in one deal the likes of which had by no means been obvious sooner than -- or since.
A real-life mix of Liar's Poker and Wall Street, brimming with excessive motion, romance, underground intercourse, brilliant locales, and unique characters, Ugly Americans is the untold, real tale that may rock the monetary neighborhood and redefine an period.