House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB

Download È eBook, PDF or Kindle ePUB Ä William D. Cohan

Download È eBook, PDF or Kindle ePUB Ä William D. Cohan Bear Stearns and the end of the Second Gilded Age on Wall Street Bear Stearns serves as the Rosetta Stone to explain how a combination of risky bets corporate political infighting lax government regulations and truly bad decision making wrought havoc on the world financial systemCohan’s minute by minute account of those ten days in March makes for breathless reading as the bankers at Bear Stearns struggled to contain the cascading series of events that would doom the firm and as Treasury Secretary Henry Paulson New York Federal Reserve Bank President Tim Geithner and Fed Chairman Ben Bernanke began to realize the dire of Cards A Tale of MOBI : conseuences for the world economy should the company go bankrupt But HOUSE OF CARDS does than recount the incredible panic of the first stages of the financial meltdown William D Cohan beautifully demonstrates why the seemingly invincible Wall Street money machine came crashing down He chronicles the swashbuckling corporate culture of Bear Stearns the strangely crucial role competitive bridge played in the company’s fortunes the brutal internecine battles for power and the deadly combination of greed and inattention that helps to explain why the company’s le.

Read House of Cards A Tale of Hubris and Wretched Excess on Wall Street

House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook, PDF or Kindle ePUB ↠ ➻ [Download] ➸ House of Cards A Tale of Hubris and Wretched Excess on Wall Street By William D. Cohan ➺ – Citybreakscheap.co.uk On March 5 20 [Download] House of Cards A Tale of Hubris and Wretched Excess on Wall Street By William D. Cohan Citybreakscheap.co.uk On March 5 2008 at 1015 AM a hedge fund manager in Florida wrote a post on his investing advice Web site that included a startling statement about Bear Stearns Co the nation’s fifth largest investme On March at Cards A MOBI AM a hedge fund House of ePUB manager in Florida wrote a post on his investing advice Web of Cards A PDF/EPUB site that included a startling statement about Bear Stearns Co the of Cards A Tale of MOBI : nation’s fifth largest investment bank “In my book they are insolvent”This seemed a bold and risky statement Bear Stearns was about to announce profits of million for the first uarter of had billion in cash on hand and as the company incessantly boasted had been a colossally profitable enterprise in the eighty five years since its foundingTen days later Bear Stearns no longer existed and the calamitous financial meltdown of had begunHow this happened – and why – is the subject of William D Cohan’s superb and shocking narrative that chronicles the fall of.

House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB The Last Tycoons The Secret History Cards A MOBI ò of Lazard Frères Co House of ePUB Ã about Lazard Frères It won the Financial Times and Goldman of Cards A PDF/EPUB é Sachs Business Book of the Year AwardHis book.

William D. Cohan Ä 7 Summary

House of Cards A Tale of Hubris and Wretched Excess on Wall StreetAders ignored the danger lurking in Bear’s huge positions in mortgage backed securitiesThe author deftly portrays larger than life personalities like Ace Greenberg Bear Stearns’ miserly take no prisoners chairman whose memos about re using paper clips were legendary throughout Wall Street; his profane colorful rival and eventual heir Jimmy Cayne whose world champion level bridge skills were a lever in his corporate rise and became a symbol of the reasons for the firm’s demise; and Jamie Dimon the blunt talking CEO of JPMorgan Chase who won the astonishing endgame of the saga the Bear Stearns headuarters alone were worth than JP Morgan paid for the whole company Cohan’s explanation of seemingly arcane subjects like credit default swaps and fixed income securities is masterful and crystal clear but it is the high end dish and powerful narrative drive that makes HOUSE OF CARDS an irresistible read on a par with classics such as LIAR’S POKER and BARBARIANS AT THE GATEWritten with the novelistic verve and insider knowledge that made THE LAST TYCOONS a bestseller and a prize winner HOUSE OF CARDS is a chilling cautionary tale about greed arrogance and stupidity in the financial world and the conseuences for all of us..

10 Comments on "House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB"

  • Kemper

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetAfter I read Too Big to Fail I just hadn’t gotten enough stories about greedy assholes so I figured I‘d read this to angry up my blood some Actually Too Big to Fail began after the Bear Stearns meltdown so even though there was some background there I felt like I hadn’t gotten the whole story so I picked this up to try and complete the picture The two books dovetail nicely with this one concentrating on the history of Bear Ste


  • Michael Adamchuk

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetA highly detailed and somewhat technical blow by blow of the demise of the venerable investment house Bear Sterns in March of 2008 The firm was started by Joseph Bear and Robert Sterns in 1923 The firm weathered many


  • James

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetI've read at least 6 other books about the financial crisis of the last 3 yearsThis is by far the worst of all The story starts on May 1st 19


  • Rebecca

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetGoodreads needs a new Bookshelf TagAbandoned I struggled through half of this book for a week and a half and just couldn't do it any The first few pages are fascinating We get a behind the scenes look at the negotiations behind the collaspe and rescue of Bear Sterns It is unbelievable how these companies operate selling and borrowing on securities leveraged out the ying yang It was also excitingbefore most of us have hit the alarm billions of dollars have already been traded But the detail in the book is excruciating I felt like the author kept saying the same thing over and over and over I just couldn't devote any time to it


  • Abhishek

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetWhile the Wall Street stories emerging post the subprime crisis are plentiful reading about them at length may not always be captivating for the common man And that is why each book is reuired to do something different tell something that the previous book did not fill in the gaps left in other stories House of Cards tries to tell the complete tale of the rise and fall of Bear Sterns And William Cohan does a pretty good job of it The best part that I liked about the style of narration is that it starts off by explaining the last 10 days at Bear Sterns remember the entity vanished in March 2008 after its sale to JP Morgan and then rides back in time to talk about


  • Harold

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetThe book appears to have been raced out and is somewhat disorganized covering much of the material twice It isn't a compelling read but if you are interested in the subject matter specifically of the fall of Bear Stearns it covers it pretty thoroughly But it just deals with the fall of Bear Stearns not any of the other troubles on Wall Street so if you are looking for an overview of the street in this century and the debacle of our current economy this is not your book


  • kaiielle

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetMy fascination with the 2008 financial crisis is probably leaning towards the unhealthy side of the scale but I'm okay with that I will continue to read books and watch movies about it and continue to be shocked at how it all happened and the dumb decisions so many people made that allowed it to happen The final few sentences of this book actually sum up the whole thing pretty well But these things happen and they're big and when they happen everybody tries to look at what happened in the previous six months to find someone or something to blame it on But in truth it was a team effort We all fucked up Government Rating agencies Wall Street Commercial banks Regulators Investors Everybody Ain't that the truthRather than discuss the financial crisis in its entirety this book only focuses on the rise and fall of the firm Bear Stearns Part 1 Chapters 1 12 is about March 2008 where Bear Stearns experienced its final 10 days Part 2 Chapters 13 20


  • Derek

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetWilliam Cohan a former investment banker gives us in House of Cards a chilling almost minute by minute account of


  • Cathy

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetThree stars just because it was w a a a a y over my head but I understood enough of it to be horrified


  • Greg Talbot

    House of Cards A Tale of Hubris and Wretched Excess on Wall Street characters ñ eBook PDF or Kindle ePUB House of Cards A Tale of Hubris and Wretched Excess on Wall StreetAs Robert Schiller wrote in Irrational Excuberance when you look at what Americans were reading in the 1930s there was a critical focus on books and writings about the economy and how the run on the banks had unfolded Starting in the beginning we see where the dust has settled and JP Morgan has bought out the remaining euity from the former premier bank Bear Sterns What Cohen brings is the inner storm; the restless economic changes throughout Sterns run and the ferocious battle their leaders fought through Then Cohen dives into the 80 year history of it