by Anonymous Hedge Fund Manager (Author), N+1 (Author), Keith Gessen (Author)

"Diary of a Very Bad Year is a rarity: a book on modern finance that's both extraordinarily thoughtful and enormously entertaining."

-- James Surowiecki, author of The Wisdom of Crowds

"A great read. . . . HFM offers a brilliant financial professional's view of the economic situation in real time, from September 2007, when problems in financial markets began to surface, until late summer 2009."

-- Booklist

"n+1 is the rightful heir to Partisan Review and the New York Review of Books. It is rigorous, curious and provocative."

-- Malcolm Gladwell

A profoundly candid and captivating account of the economic crisis and subprime mortgage collapse, from an anonymous hedge fund manager, as told to the editors of New York literary magazine n+1.

Front Jacket

The First Book from n+1--an Essential Chronicle of Our Financial Crisis

HFM: Where are you going to buy protection on the U.S. government's credit? I mean, if the U.S. defaults, what bank is going to be able to make good on that contract? Who are you going to buy that contract from, the Martians?

n+1: When does this begin to feel like less of a cyclical thing, like the weather, and more of a permanent, end-of-the-world kind of thing?

HFM: When you see me selling apples out on the street, that's when you should go stock up on guns and ammunition.

Back Jacket

The First Book from n+1--an Essential Chronicle of Our Financial Crisis

HFM: Where are you going to buy protection on the U.S. government's credit? I mean, if the U.S. defaults, what bank is going to be able to make good on that contract? Who are you going to buy that contract from, the Martians?

n+1: When does this begin to feel like less of a cyclical thing, like the weather, and more of a permanent, end-of-the-world kind of thing?

HFM: When you see me selling apples out on the street, that's when you should go stock up on guns and ammunition.

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