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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Michael Lewis’s Liar’s Poker provides one of the best explanation of the destructive greed that permeates Wall Street. If you read this book before the Great Recession, it was a good bet that the events September 2008 were not a surprise given the descriptions provided of the corrupt mortgage trading market. The problem here is not capitalism …
Joined Michael Lewis fan club after reading this book.