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About this item
Highlights
- A blistering narrative account of the negligence and greed that pushed all of Wall Street into chaos and the country into a financial crisis.
- About the Author: WILLIAM D. COHAN, a former senior Wall Street investment banker, is the bestselling author of The Last Tycoons and the winner of the 2007 FT/Goldman Sachs Business Book of the Year Award.
- 608 Pages
- Business + Money Management, Corporate & Business History
Description
About the Book
Written with the novelistic verve and insider knowledge that made "The Last Tycoons" a bestseller, "House of Cards" is a chilling cautionary tale about greed, arrogance, and stupidity in the financial world.Book Synopsis
A blistering narrative account of the negligence and greed that pushed all of Wall Street into chaos and the country into a financial crisis. At the beginning of March 2008, the monetary fabric of Bear Stearns, one of the world's oldest and largest investment banks, began unraveling. After ten days, the bank no longer existed, its assets sold under duress to rival JPMorgan Chase. The effects would be felt nationwide, as the country suddenly found itself in the grip of the worst financial mess since the Great Depression. William Cohan exposes the corporate arrogance, power struggles, and deadly combination of greed and inattention, which led to the collapse of not only Bear Stearns but the very foundations of Wall Street.Review Quotes
"Engrossing . . . a parable about how the second Gilded Age came slamming to a fast and furious end. . . . Riveting, edge-of-the-seat reading." --Michiko Kakutani, The New York Times
"Cohan's epic account chronicles a watershed moment in Wall Street history." --The Boston Globe "Masterfully reported. . . . [Cohan] does a brilliant job of sketching in the eccentric, vulgar, greedy, profane and coarse individuals who ignored all these warnings to their own profit and the ruin of so many others."--Los Angeles Times
"A masterly reconstruction of Bear Stearns' implosion--a tumultuous episode in Wall Street history that still reverberates throughout our economy today. . . . First drafts of history don't get much better than this." --Bloomberg News "This book is so rich, so flavorful, so instructive, and so fully and compelling cast that a reviewer hardly knows where to begin." --The New York Observer
"Cohan vividly documents the mix of arrogance, greed, recklessness, and pettiness that took down the 86-year-old brokerage house and then the entire economy. It's a page-turner . . . offering both a seemingly comprehensive understanding of the business and wide access to insiders. . . . Hard to put down." --BusinessWeek "[A]n authoritative, blow-by-blow account of the collapse of Bear Stearns." --The Washington Post "Cohen's autopsy uncovers all the symptoms of a walking disaster." --Newsweek "A riveting blow-by-blow account." --The Economist
About the Author
WILLIAM D. COHAN, a former senior Wall Street investment banker, is the bestselling author of The Last Tycoons and the winner of the 2007 FT/Goldman Sachs Business Book of the Year Award. He is an online columnist for The New York Times, and writes frequently for Vanity Fair, Fortune, ArtNews, The Financial Times, the Washington Post and the Daily Beast. He also appears frequently on CNN, Bloomberg TV and CNBC, and also on numerous NPR shows.Dimensions (Overall): 7.9 Inches (H) x 5.2 Inches (W) x 1.2 Inches (D)
Weight: 1.0 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 608
Genre: Business + Money Management
Sub-Genre: Corporate & Business History
Publisher: Anchor Books
Format: Paperback
Author: William D Cohan
Language: English
Street Date: February 9, 2010
TCIN: 90817021
UPC: 9780767930895
Item Number (DPCI): 247-47-1483
Origin: Made in the USA or Imported
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Shipping details
Estimated ship dimensions: 1.2 inches length x 5.2 inches width x 7.9 inches height
Estimated ship weight: 1 pounds
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