Extreme Money [Hardcover] by Satyajit Das

BOOK SUMMARY

"Extreme Money: Masters of the Universe and the Cult of Risk" is a book by Satyajit Das that explores the world of high finance, risk-taking, and the 2008 global financial crisis.

Key Themes
- Financialization: Das critiques the excessive financialization of economies and the dangers of unchecked risk-taking.
- Complexity and Opacity: The book highlights the complexity and opacity of modern financial instruments and the difficulties in understanding and managing risk.
- Cult of Risk: Das argues that the financial industry has created a culture that encourages and rewards excessive risk-taking, often with disastrous consequence

ABOUT THE AUTHOR

Satyajit Das is an Australian author, consultant, and financial expert known for his critical views on the financial industry.

Expertise
- Derivatives and Risk Management: Das has expertise in derivatives, risk management, and financial markets, having worked in the industry for many years.
- Financial Commentary: He is a regular commentator on financial markets and economics, contributing to various publications and media outlets.