Derivatives Demystified



	Praise for Derivatives Demystified

	"A clear and indispensable guide for the serious investor." Michael Metz Chief Investment Strategist Oppenheimer & Co., Inc. New York "Derivative financial products are an increasing part of global finance. Braddock narrates us through this mystical world in a way non-professionals can understand." Ambassador James R. Jones Former Chairman and CEO of the American Stock Exchange "John Braddock has accomplished the impossible. Derivatives Demystified breaks down hypercomplex subject matter into manageable units and then explains them using easily understood prose. This is a must read for everyone in the securities industry." Proffessor Jeffrey J. Hass Professor of Securities Law and Corporate Finance New York Law School "The word 'derivatives' is a hot-button topic in Washington. Derivatives Demystified is an eminently readable book and goes a long way toward correcting many of the misconceptions about this fascinating new area of global finance." Dr. Douglas E. Schoen Political Strategist Penn & Schoen "Braddock's 'inside look' at the activities of the financial wizards who structure these instruments is, by itself, worth the price of admission." Edward H. Fleischman Consultant Linklaters & Paines Former Commissioner of the Securities and Exchange Commission "A concise presentation, devoid of off-putting jargon, that offers corporate officers and risk managers important information about derivative instruments and trading strategies." Minati Misra Senior Risk Management Officer International Finance Corporation Washington, D.C. "Over the past two decades, the Wall Street community has produced a seemingly endless variety of new and complex financial instruments. In Derivatives Demystified: Using Structured Financial Products , John Braddock explains in everyday easy-to-read language, the purpose and use of many of these products as well as the buzzwords that frequently confound the nonfinancial investor or executive." Alger B. "Duke" Chapman Chairman and CEO of The Chicago Board Options Exchange Chicago "This balanced and comprehensive treatment of derivative products provides a very timely counterpoint to those that decry the perceived abuses of derivatives without an understanding of the long history and many uses of these types of financial products." Michael Fitzgerald Partner specializing in corporate and derivative securities issuances Brown & Wood New York