Synopses & Reviews
Dave Ackerman, the narrator of Naked Option, is a brilliant trader but one day, recklessly trying to one-up his firm's superstar, he goes naked on an option trade and loses $112 million in two hours. His career is over. Then he hears about an auditing job at an investment bank. He knows within minutes that something is very wrong, but he's so desperate, he takes the job. His new partner is Susanna Cassuto, an attractive young auditor he tags as a rich party girl. But on the couch with the lights off, she becomes something else - awkward and inexperienced. What is going on? Together, they discover the elegant embezzlement scheme going on: one trader is working inside with a partner outside. When somebody turns up dead, Dave and Susanna race to put the pieces together - but the bank drops the case. They're fired. Furious, Dave goes out on his own to find the killer. But the killer finds him first.
Review
"A page-turner and a slice of life - on and off the trading floor." - Nassim Nicholas Taleb, best-selling author of THE BLACK SWAN and FOOLED BY RANDOMNESS
About the Author
Joe Kolman has been a financial writer for more than two decades. He began his career in 1983 as an associate editor at Institutional Investor magazine. In 1992, he started Derivatives Strategy, a publication that explained the nascent market in over-the-counter derivatives in plain English. The publication quickly became the leading magazine covering the U.S. derivatives market. In 2005, he became a vice president at AllianceBernstein Investments. He has been a fellow at the MacDowell Colony, and his writing has appeared in more than a dozen financial publications.