Diary of a Very Bad Year: Interviews with an Anonymous Hedge Fund Manager

Diary of a Very Bad Year presents interviews with an anonymous hedge fund manager discussing the economic crisis and subprime mortgage collapse. Conducted by editors of the New York literary magazine n+1, the account covers events from September 2007, when financial market problems began to surface, through late summer 2009. The manager explains how mortgage-backed securities, money-market funds, and credit-default swaps function, while also addressing ethics and legalities within the sector. The anonymity granted allows for direct responses to questions about the crisis. The interviews offer an insider perspective on events as they unfolded in real time, rather than retrospective analysis. The book includes humor throughout and spans a period of significant financial upheaval.