Summary of Liar's Poker: By Michael Lewis Includes.
About Liar’s Poker. It was wonderful to be young and working on Wall Street in the 1980s: never had so many twenty-four-year-olds made so much money in so little time. In this shrewd and wickedly funny audiobook, 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.
Liar’s Poker chronicles the rise and fall of Salomon Brothers: its infamous swagger, its aggressive expansion and subsequent decline. The book is written from an insider’s viewpoint by Michael Lewis, now one of the world’s best-known financial journalists, but a bond salesman for Salomon Brothers during its most colorful period. It is a tale of a business and a culture that few of us.
Summary of Liar's Poker by Instaread Summaries, 9781945251429, available at Book Depository with free delivery worldwide.
Liar's Poker By Michael Lewis I Preface I WAS A BOND salesman, on Wall Street and in London. Working beside traders at Salomon Brothers put me, I believe, at the epicenter of one of those events that help to define an age. Traders are masters of the quick killing, and a lot of the killings in the past ten years or so have been quick. And Salomon Brothers was indisputably the king of traders.
Liar's Poker relates actions and events that occur primarily in New York and London from the years 1979 to 1988. Michael Lewis writes about the experiences, traits and character of managers, employees, customers and competitors of Salomon Brothers Wall Street investment bank. He writes from his own experience as job applicant, trainee and bond salesman to 1988. This short successful career.
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Liar's Poker has a tendency to meander, leaving me with a grab-bag impression. There's a bit of history, a lot of biography, a catalog of extremely unappealing people and a viciously sophmoric culture, a few fascinating characters, and a bizarre fantasyland of more money than one can hope to understand. It's not a book with solutions; it is a book that will give one a deep dislike and mistrust.