Alexandru's Reviews > Liar's Poker
Liar's Poker
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Liar's Poker is a window into the world of high finance in the 1980s. Michael Lewis was there when the investment banks and finance took a bad turn which will eventually lead to the global financial crisis. And he would be there to report on the effects of this 30 years down the line.
This is the story of Lewis' time at the Salomon Brothers, one of the biggest investment banks on Wall Street and one of the most profitable during the 1980s and 1990s.
The hedonism, the ruthlessness and the irresponsibility of the investment bankers is staggering. Young men and women in their 20s that had barely graduated from university were playing with tens of millions of dollars, gambling, inventing new financial instruments and selling them to gullible investors. It would be funny if it wasn't tragic.
This is the story of Lewis' time at the Salomon Brothers, one of the biggest investment banks on Wall Street and one of the most profitable during the 1980s and 1990s.
The hedonism, the ruthlessness and the irresponsibility of the investment bankers is staggering. Young men and women in their 20s that had barely graduated from university were playing with tens of millions of dollars, gambling, inventing new financial instruments and selling them to gullible investors. It would be funny if it wasn't tragic.
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Reading Progress
Started Reading
September 3, 2023
– Shelved
September 3, 2023
– Shelved as:
geopolitics-economics-sociology
September 3, 2023
–
Finished Reading