Christine S. Richard's "Confidence Game" details the story of how Bill Ackman, a hedge fund manager, predicted the collapse of the bond insurance market. Ackman’s research, published in a 2002 report, challenged the triple-A credit ratings of MBIA, a major bond insurer, highlighting its risky practices and potential insolvency. His actions sparked controversy, but ultimately, his predictions proved true when the subprime mortgage crisis unfolded in 2007 and 2008, leaving MBIA and other bond insurers reeling. The book examines the evolution of Ackman’s investigation, highlighting the failures of Wall Street, the regulatory response, and the implications for the financial system.

克莉絲汀·S·理查德的《信心遊戲》詳細敘述了對沖基金經理比爾·阿克曼如何預測債券保險市場崩盤的故事。阿克曼在2002年發布的一份報告中對主要債券保險公司MBIA的AAA信用評級提出質疑，強調其風險操作和潛在的破產風險。他的行為引發了爭議，但最終，當2007年和2008年次貸危機爆發時，他的預測被證明是正確的，MBIA和其他債券保險公司陷入困境。這本書審視了阿克曼調查的演變過程，突顯了華爾街的失敗、監管機構的反應以及對金融體系的影響。