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Book Cover
Book
Author Lewis, Michael (Michael M.)

Title Liar's poker : rising through the wreckage on Wall Street / Michael Lewis
Published New York : Norton, [1989]
©1989

Copies

Location Call no. Vol. Availability
 WATERFT BUSINESS  332.620973 Lew/Lpr  IN TRANSIT
Description 249 pages ; 24 cm
Contents Liar's poker -- Never mention money -- Learning to love your corporate culture -- Adult education -- A brotherhood of hoods -- The fat men and their marvelous money machine -- The salamon diet -- From geek to man -- The art of war -- How can we make you happier? -- When bad things happen to rich people
Summary In this shrewd and wickedly funny book, Michael Lewis describes astonishing era and his own rake's progress through the jungle of a powerful investment bank. In two short years he rose from trainee to a bond salesman who could turn over millions of dollars' worth of doubtful bonds with just one call
This bestselling and hilarious book blew the doors off Wall Street's boardrooms and introduced the world to the writing of 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. 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. The bond traders, wearing greed and ambition and badges of honor, might well have swaggered straight from the pages of Bonfire of the Vanities. But for all their 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. - Publisher
Subject Lewis, Michael (Michael M.)
Lewis, Michael.
Salomon Brothers.
Bonds -- United States.
Brokers -- United States -- Biography.
SUBJECT Wall Street (New York, N.Y.) http://id.loc.gov/authorities/subjects/sh85144918
Genre/Form Autobiographies.
LC no. 89030819
ISBN 0393027503