Liar's Poker

Liar's Poker Review

This book is an excellent look at the culture of the 1980's investment bank, primarily, the now non-existent, Salomon Brothers. This book takes the reader through the training program at SB with the author Lewis. Liar's Poker does a great job describing the characters in this investment house as well as the insanity that occurs on a daily basis at the trading desks and the woeful decisions by the CEO's of these banks.

The look at SB was hilarious in its time, but now it is an excellent view of the creation of the Mortgage Backed Security and the large market of home loans that was created. This gives the reader a firsthand view of events that would eventually lead to the credit crisis of 2007-2009.

In standard Lewis fashion the reader is given an easy to understand explanation of complicated financial transaction and markets, even the unsophisticated person can read this book and understand the happenings of the markets.

I recommend this book; it is a great way to become familiar with Wall st and its interworkings.

Liar's Poker Feature

• ISBN13: 9780393338690
• Condition: New
• Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed

Liar's Poker Overview

The time was the 1980s. The place was Wall Street. The game was called Liar’s Poker. Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years—a behind-the-scenes look at a unique and turbulent time in American business. From the frat-boy camaraderie of the forty-first-floor trading room to the killer instinct that made ambitious young men gamble everything on a high-stakes game of bluffing and deception, here is Michael Lewis’s knowing and hilarious insider’s account of an unprecedented era of greed, gluttony, and outrageous fortune.

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*** Product Information and Prices Stored: Oct 05, 2010 19:33:04