Master your Minecraft
 
 

Special Offers see all

Enter to WIN a $100 Credit

Subscribe to PowellsBooks.news
for a chance to win.
Privacy Policy

Tour our stores


    Recently Viewed clear list


    Contributors | November 26, 2014

    Chris Faatz: IMG The Collected Poems of James Laughlin



    Fall has brought us a true gift in the publication of the massive The Collected Poems of James Laughlin, published by New Directions in an... Continue »

    spacer
Qualifying orders ship free.
$10.95
List price: $16.00
Used Trade Paper
Ships in 1 to 3 days
Add to Wishlist
Qty Store Section
1 Beaverton Business- History and Biography

The Lost Bank: The Story of Washington Mutual - The Biggest Bank Failure in American History

by

The Lost Bank: The Story of Washington Mutual - The Biggest Bank Failure in American History Cover

 

Synopses & Reviews

Publisher Comments:

An award-winning reporter chronicles the calamitous story of Washington Mutual, the single-largest bank failure in American history, in a fast-paced, compelling, and gripping saga of greed and excess.

In late 2009, Kirsten Grind wrote a groundbreaking series of investigative stories for the Puget Sound Business Journal about Washington Mutual’s collapse. Even though WaMu—an institution with holdings of hundreds of billions of dollars—was the largest bank failure in US history, it had gone largely unexamined by other journalists because of the many other companies that failed during the financial crisis. Grind’s series garnered an enormous amount of nationwide attention and critical accolades, including being named a finalist for the Pulitzer Prize and the Gerald Loeb Award.

Grind focuses on the actions of the bank’s executives and employees, from WaMu’s visionary first chief executive to his successor whose hunger for growth led him to take the bank down a dangerous path to an attorney who championed subprime lending until it all came crashing down around her. Grind’s compelling account of the people and events surrounding the failure underscores the shady financial engineering and the hubris and greed that made this unbelievable story possible.

Reading more like a tick-tock thriller in which the characters’ behavior plays out more like a Shakespearean tragedy, The Lost Bank has been called “Lucid, entertaining” (Publishers Weekly, starred review), “A first-rate job by a first-rate journalist” (Gary Rivlin, author of Broke, USA), and “eye-opening” (Booklist). It is a story of epic proportion, tracing not only the meteoric rise and precipitous collapse of an American institution but of trust, fortunes, and marketplaces around the world.

Synopsis:

During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crip­pling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement, and how the entire financial industry—even the entire country—lost its way as well.

Written as compellingly as the finest fiction, The Lost Bank introduces readers to the regulators and the bankers, the home buyers and the lenders who together created the largest bank failure in American history. The result is a magisterial and gripping account of the incredible rise and the precipitous collapse of not only an institution but of trust, fortunes, and the marketplaces for risk across the world.

About the Author

Kirsten Grind has received more than a dozen national awards for her work, including a Pulitzer Prize finalist citation. A reporter for The Wall Street Journal, she lives in New York City.

Product Details

ISBN:
9781451617931
Author:
Grind, Kirsten
Publisher:
Simon & Schuster
Subject:
Economic Conditions
Subject:
Economics - General
Edition Description:
Trade Paperback
Publication Date:
20130731
Binding:
TRADE PAPER
Language:
English
Pages:
400
Dimensions:
8.38 x 5.5 in

Other books you might like

  1. Rubicon: The Last Years of the Roman... Used Trade Paper $9.00
  2. Complete Wine Selector: How to... Sale Trade Paper $12.98

Related Subjects

Business » Business Profiles
Business » History and Biographies
History and Social Science » Economics » General

The Lost Bank: The Story of Washington Mutual - The Biggest Bank Failure in American History Used Trade Paper
0 stars - 0 reviews
$10.95 In Stock
Product details 400 pages Simon & Schuster - English 9781451617931 Reviews:
"Synopsis" by , During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crip­pling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement, and how the entire financial industry—even the entire country—lost its way as well.

Written as compellingly as the finest fiction, The Lost Bank introduces readers to the regulators and the bankers, the home buyers and the lenders who together created the largest bank failure in American history. The result is a magisterial and gripping account of the incredible rise and the precipitous collapse of not only an institution but of trust, fortunes, and the marketplaces for risk across the world.

spacer
spacer
  • back to top

FOLLOW US ON...

     
Powell's City of Books is an independent bookstore in Portland, Oregon, that fills a whole city block with more than a million new, used, and out of print books. Shop those shelves — plus literally millions more books, DVDs, and gifts — here at Powells.com.