Synopses & Reviews
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.
Lewis has a gift for the rapid portrait. Unless you find his flippant one-liners irritating, it is a pleasure to be guided around the jungle of bond markets by his reminiscences and trenchant asides. . . . Apart from the belly-laughs, one of the triumphs ofLiar's Pokeris that it makes the financial complexities of investment banking and the markets accessible to the layman. . . . Everything from yields to selling short is painlessly clarified in the course of the narrative.
"The funniest book on Wall Street I've ever read." Tom Wolfe
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. 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.
Often profane, always hilarious, right on the mark.So memorable and alive . . . one of those rare works that encapsulate and define an era.
The time was the 1980s. The place was Wall Street. The game was called Liar's Poker.
meets The Fugitive
in this financial thriller!
Jonah Lightbody is twelve years old the first time he sets foot on the trading floor where his father works. He expects his day to be filled with computer games and some father-son bonding, but when a hotshot trader offers to take Jonah under his wing, Jonah is catapulted into a high-stakes, take-no-prisoners lifestyle. When Jonah's father is accused of orchestrating a global financial meltdown, Jonah will have to choose who to believe--the father whose blood runs through his veins or the one who taught him how to be a man.
Dead Cat Bounce is the mostly true story of the 2008 financial collapse--it's about traders betting with money they didn't have and it's about our collective race to uncover the truth, as told through the eyes of a sixteen-year-old boy.
One boy must stop the world's greatest financial conspiracy . . . .
Sixteen-year-old Jonah Lightbody is shocked when the world erupts in the greatest financial crisis it has ever seen . . . and the bank where he and his father work has blood on its balance sheet. The head trader claims that Jonah's father is to blame--the trades that caused the crash came from his computer. Now, Jonah will have to race to uncover the truth. But what Jonah doesn't realize is that he's just been catapulted to the center of a global conspiracy where money reigns, human lives are collateral, and anyone will sell you out if the payday is large enough.
Dead Cat Bounce has all the action of Anthony Horowitz's Alex Rider series combined with the seductiveness of Wall Street, the edge-of-your-seat pacing of The Bourne Identity, and the elaborate intrigue of Too Big to Fail. It's the story of Jonah Lightbody and he's on a mission to save the world no matter the price.
About the Author
Michael Lewis, the author of Liar’s Poker, The Money Culture, The New New Thing, Moneyball, The Blind Side, Panic, Home Gameand The Big Short, among other works, lives in Berkeley, California, with his wife, Tabitha Soren, and their three children.