Liar's Poker: Rising Through the Wreckage on Wall Street

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Wall Street's wild greed and folly in 1980s.

Recommendation: Liar's Poker is a witty and insightful chronicle of the greed and excess of Wall Street traders in the 1980s. Michael Lewis's unflinching and often humorous portrayal of the young traders who made millions on the bond market is both entertaining and sobering. This book is perfect for anyone interested in the inner workings and dark side of the financial industry.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

Liar's Poker: Rising Through the Wreckage on Wall Street

Regular price $8.90
Unit price
per
Compare to estimated retail price: S$21.28  
ISBN: 9780140143454
Authors: Michael Lewis
Publisher: Penguin Books
Date of Publication: 1990-10-01
Format: Paperback
Goodreads rating: 4.15
(rated by 100582 readers)

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Description

In this shrewd and wickedly funny book, 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, the most dangerous beast in the jungle, a bond salesman who could turn over millions of dollars' worth of doubtful bonds with just one call. With the eye and ear of a born storyteller, Michael Lewis shows us how things really worked on Wall Street. 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 chairman Gutfreund challenges his chief trader to a hand of liar's poker for one million dollars; around the world in London, Tokyo, and New York, bright young men like Michael Lewis, connected by telephones and computer terminals, swap gross jokes and find retail buyers for the staggering debt of individual companies or whole countries. The bond traders, wearing greed and ambition and 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
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Wall Street's wild greed and folly in 1980s.

Recommendation: Liar's Poker is a witty and insightful chronicle of the greed and excess of Wall Street traders in the 1980s. Michael Lewis's unflinching and often humorous portrayal of the young traders who made millions on the bond market is both entertaining and sobering. This book is perfect for anyone interested in the inner workings and dark side of the financial industry.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.