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Feature: Derivatives Vingette

At first, I was tempted to throw this book into the twin categories of "Fallen Man/Woman Tells All" or "Revenge of the Derivative Nerd". Frank Partnoy had taken his training in economics, mathematics and law and thrown it into the sewer of Wall Street greed. The little guy from Kansas routine wore very thin. As I read on, however, I realized that I had made a brief visit to this smoke and world mirror of high margins, greed and bloodlust. I had attended the first Morgan Stanley derivatives conference in 1991,see "Derivatives Vignette" a full two years before Partnoy started selling derivatives for Morgan Stanley.

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