Proizvodnye Nulya: Dnevnik Strukturatora (Russian Edition)

Step into the intricate world of global finance through the eyes of an insider with "Proizvodnye Nulya: Dnevnik Strukturatora" by Vlad Goryachev. This book offers a guide to financial engineering and structural products, drawing from the author's fifteen years as a derivatives structurer and trader in major Western banks across New York, London, and Moscow. Goryachev illuminates the mechanisms of complex derivatives, the evolution of banking products, and the underlying causes of the 2008 financial crisis, beginning with fundamental instruments.

Experience a journey that starts with a summer internship at Deutsche Bank in 2000, where the market for Synthetic CDOs was taking shape, leveraging the author's background as a programmer. This narrative provides a view of Wall Street from the perspective of an ordinary individual from the USSR, navigating the financial jungles and participating in the creation of the derivative instruments that influenced the global economy. The book simplifies complex financial concepts into an engaging and accessible read, revealing the events and insights that shaped the financial landscape leading up to the crisis and the author's eventual retirement at 34.