Confidence Game

An expose on the delusion, greed, and arrogance that led to America's credit crisis. The collapse of America's credit markets in 2008 is quite possibly the biggest financial disaster in U. S. history. Confidence Game: How a Hedge Fund Manager Called Wall Streets Bluff is the story of Bill Ackman's six-year campaign to warn that the $2. 5 trillion bond insurance business was a catastrophe waiting to happen. Though branded a fraud by the Wall Street Journal and New York Times, Ackman later made his investors more than $1 billion when bond insurers kicked off the collapse of the credit markets.