The original classic that revealed the truth about ambition, greed and excess in London and Wall Street, by the author of #1 bestsellers THE BIG SHORT and FLASH BOYS. From mere trainee to lowly geek, to triumphal Big Swinging Dick: that was Michael Lewis's pell-mell progress through the dealing rooms of Salomon Brothers in New York and London during the heady mid-80s when they were probably the world's most powerful and profitable merchant bank.
Funny, frightening, breathless and heartless, Liar's Poker is the original story of hysterical greed and excessive ambition, one that is now more potent and enthralling than ever. 'If you thought Gordon Gekko of the Wall Street movie was an implausibly corrupt piece of fiction, see how you like the real thing.
This rip-the-lid-off account of the bond-dealing brouhaha is the work of a real-life bond salesman.' The Sunday Times 'Wickedly funny' Daily Express 'Hilarious' New York Times
- Format: Paperback
- Pages: 304 pages, n/a
- Publisher: Hodder & Stoughton General Division
- Publication Date: 05/06/2006
- Category: Autobiography: business & industry
- ISBN: 9780340839966
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Review by stefano
Extremely engaging (and witty) account of two years at Solomon Brothers on the eve of their downfall in 1987. To me the most surprising thing about reading in 2010 this 1989 book was how much of the 2008 financial crisis could be understood in terms of the dynamics clearly described 20 years earlier (i.e. that crises are essentially inevitable when operators move faster and have much clearer incentives than regulators). Also interesting the ethnic analysis of various trading tribes at Solomon and the constant (dishonest) appeals to firm loyalty by those most likely to betray it.