About the author
Roger Lowenstein is an American financial journalist and author who spent more than a decade at The Wall Street Journal, including two years writing its Heard on the Street column. His books connect markets and institutions to the people making decisions inside them.
When Genius Failed reconstructs the rise and rescue of Long-Term Capital Management. Lowenstein has also written about Warren Buffett, the Federal Reserve, pensions, Wall Street, and the financing of the American Civil War.
Where to start
Start with When Genius Failed for Lowenstein's account of leverage, models, and the hedge-fund collapse that threatened the financial system in 1998.