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The Battle for Wall Street: Behind the Lines in the Struggle that Pushed an Industry into Turmoil
By Richard Goldberg
Wiley, 2009, 240 pages
$19.77 hardcover, $15.82 Kindle
A conflict of epic financial proportions has begun on Wall Street. The opposing forces are (a) the sellers, an army of commercial and investment bankers, some of the more prominent of which were humbled into restructuring as commercial banks; and (b) the buyers, an army of hedge fund managers and private equity groups. It is a battle to dominate the market known as the investment community. Goldberg, a Wall Street veteran, describes the strategies and steps he thinks will create future winners.
Nerds on Wall Street: Math, Machines and Wired Markets
By David J. Leinweber
Wiley, 2009, 353 pages
$26.37 hardcover, $21.10 Kindle
Leinweber, one of the Wall Street quants who developed electronic trading innovations, gives a humorous (sometimes silly), inside look at the technological revolution in equity trading. The author is a founding director of the Center for Innovative Financial Technology at the Haas School of Business, University of California at Berkeley.
“This is a delightfully entertaining romp across the trading floors and through the research departments of major financial institutions, told by one of the early architects of automated trading,” says Andrew W. Lo, professor of finance at MIT Sloan School of Management