Liar's Poker - [pdf]

Liar's Poker
Title:Liar's Poker
Format Type:eBook PDF / e-Pub
Author:
Published:
ISBN:0140143459
Number of Pages:256

The Best Bookstore Online Over 6 million PDF and 4.5 million eBooks to download now. Books by: Michael Lewis 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 br p 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 br p p The bond traders wearing greed and ambition and badges of honor might well have swaggered straight from the pages of i Bonfire of the Vanities i But for all thier outrageous behavior they were in fact presiding over enormous changes in the world economy Lewis s job simply described was to transfer money in the form of bonds from those outside America 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 p

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