5 questions on When Genius Failed

Business Finance

Please provide a quick summary for When Genius Failed with detailed answer for the following questions

1. The timeline and key milestones

2. A brief intro of Black Scholes model and comparison with other pricing methods. Please detail the pros and cons of using Black Scholes model

3. What could have been the way to avoid the downfall? Please compare the actions to the financial crisis and provide 2 more examples

4. What happened to the genius after LTCM

5. Your overall feeling on the book