Selected Product:
| Liar's Poker: Rising Through the Wreckage on Wall Street
Abridged, Au
Edition: Abridged
Publisher: Random House Audio
Release Date: 2007-09-18
ISBN-10: 0739357301
ISBN-13: 9780739357309
List Price: $14.99
Average Customer Rating:
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Summaries and Customer Reviews are supplied by Amazon.com
It was wonderful to be young and working on Wall Street in the 1980s: never had so many twenty-four-year-olds made so much money in so little time.
In this shrewd and wickedly funny audiobook, Michael Lewis describes an astonishing era and his own rake’s progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor) to Big Swinging Dick–a bond salesman who could turn over millions of dollars’ worth of doubtful bonds with just one call.
A born storyteller, Michael Lewis shows us how things really worked on Wall Street. The bond traders, wearing greed and ambition as badges of honor, might well have swaggered straight from the pages of Bonfire of the Vanities. But for all their outrageous behavior, they were in fact presiding over enormous changes in the world economy. Lewis’s job was to transfer money, in the form of bonds, from those outside American who saved to those inside America who consumed. In doing so, he generated tens of millions of dollars for Salomon Brothers, and earned for himself a ringside seat on the greatest financial spectacle of the decade: the leveraging of America.
Pretty Darn Interesting
| Customer Rating:  | This was a pretty good book because it tells you things that make you want to keep listening, it holds your attention. You will learn some things from this book. The only bad thing about this book that i didnt like was how the author occasionally went off on unusual/complicated tangents when describing things. The kind of sentences you have to read atleast 3 times.....but i still recommend it. FIASCO was also very good.
sayanora |
Must Read
| Customer Rating: | | Anyone looking for an idea of what its like to work at an investment bank MUST read this book. |
Unbelievably Superb!!! A Masterpiece!!!!!!!!!!!!!!!
| Customer Rating: | | This book was so inspirational and superb it may have changed my life. It changed my perspective on things and it was so funny and enlightening it in a way contributed to helping me go from a Junior Manager in a Fortune 500 company to Head of Division with responsibility over 15 countries in an International Fortune 500 Company...a must read for any MBA or graduate diving into the corporate rat race and wanting to know - is anything possible? the answer is yes. Depends how you do it...A great read. Thanks! |
it is enough
| Customer Rating: | Michael Lewis describes his corner of wall street pretty well. The 1980s bond market. He continually contrasts the practice and culture of trading bonds with the dogma of Economics.
Over the course of the book it becomes easy to draw parallels between Wall Street and Feudal Europe. The Economists are like the Catholic Church in Feudal Europe. The Traders are like the Nobles and Royalty in Medieval Europe. The Job of the Nobles is to fight other Nobles over the right to control land, rent, and protection fees. The Job of the Church is to teach people who aren't Nobles that they should do what the Nobles tell them to. In exchange, the Church will occasionally ask the Nobles to behave a little better. |
A warning for the uninitiated
| Customer Rating: | | This book should be required reading for all wanna be I-bankers. The author very convincingly describes the inner workings of a major financial institution. From the outside, the public only sees the expensive suits and tall glass buildings and are suitably impressed by the knowledge and skills of those who works inside. But the author takes us behind the doors to show frighteningly how the lifeblood of the world is controlled by a bunch of 25 year olds who have little idea of the magnitude of their actions. |
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