Liar's Poker (25th Anniversary Edition): Rising Through the Wreckage on Wall Street (25th Anniversary Edition)
| Author | : | |
| Rating | : | 4.96 (803 Votes) |
| Asin | : | B00KSHZT2O |
| Format Type | : | |
| Number of Pages | : | 203 Pages |
| Publish Date | : | 2013-11-09 |
| Language | : | English |
DESCRIPTION:
He lives in Berkeley, California, with his wife and three children. . Michael Lewis, is the best-selling author of Liar’s Poker, Moneyball, The Blind Side, and Flash Boys
These older books about finance are not a waste of time These older books about finance are not a waste of time. Michael Lewis writes in a way that even a layman can get the picture of what is going on. Loved this book. Interesting that the COD of mortgages was born at Solomon Brothers. Ya know the thing that caused the last market crash. There were the so called experts that blamed the crash on Congress,for pushing mortgages for the l. "An Eye Opener- Well worth your time" according to A Reader. An insider's account that is a real eye opener. Lewis recounts his days as a 'newbie' at Solomon in the '80's, which is when they started packaging home loans and trading them (the genesis of the recent economic collapse). His story is laced with all the discouragement, frustration and excitement he felt as he worked his way through the ranks in an environment rank with lies, gree. "A good book" according to Pelicanbrief. I started to read "The Big Short" but put it down to read Michael Lewis's first book as a warm up. It's a good introduction to the madness of Wall Street. Very well written with good introspection. The 25th anniversary edition is a good transition to "The Big Short" which I am picking up right now.
From inside, mighty Salomon Brothers looks like Animal House…Liar's Poker does indeed rank with Bonfire of the Vanities as a contribution to the history of a wild and colorful era when the markets ran amok.” - BusinessWeek“When the stories of our times are told, there will be no more seminal documents than the books of Michael Lewis.” - Tim Adams, Observer. “Liar's Poker is the funniest book on Wall Street I've ever read.” - Tom Wolfe“Often profane, always
In it Lewis describes his own rake’s progress through a powerful investment bank. In the Salomon training program a roomful of aspirants is stunned speechless by the vitriolic profanity of the Human Piranha; out on the trading floor, bond traders throw telephones at the heads of underlings and Salomon chairmen Gutfreund challenges his chief trader to a hand of liar’s poker for one million dollars.. The game was called Liar’s Poker.Before there was Flash Boys and The Big Short, there was Liar's Poker. Together, the three books cover thirty years of endemic global corruption—perhaps the defining problem of our age—which has never been so hilariously skewered as in Liar's Poker, now in a twenty-fifth-anniversary edition with a new afterword by the author.It was wonderful to be young and working on Wall Street in the 1980s: never before had so many twenty-four-year-olds made so much money in so little time.