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Greed and Glory on Wall Street

2015-09-29 Business & Economics
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Release : 2015-09-29
Genre : Business & Economics
Kind : eBook
Book Rating : 605/5 ( reviews)

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Book Synopsis Greed and Glory on Wall Street by : Ken Auletta

Download or read book Greed and Glory on Wall Street written by Ken Auletta. This book was released on 2015-09-29. Available in PDF, EPUB and Kindle. Book excerpt: The inside account of a financial meltdown that reshaped Wall Street In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power struggles that brought about Peterson’s departure and the eventual sale of one of Wall Street’s oldest and most prestigious firms. Set against the backdrop of the 1980s stock exchange, where hotshot young traders made and lost millions in a single afternoon, the story of Lehman’s fall is a suspenseful battle of wills between bankers, traders, and executives motivated by greed, envy, and ego. Auletta, who conducted hundreds of hours of interviews and was granted access to private company records, has crafted a thorough, enduring, and engaging account of pivotal events that continued to influence this storied financial institution until its ultimate demise in 2008.

Power, Greed and Glory on Wall Street

1985 Investment banking
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Release : 1985
Genre : Investment banking
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Power, Greed and Glory on Wall Street by : Ken Auletta

Download or read book Power, Greed and Glory on Wall Street written by Ken Auletta. This book was released on 1985. Available in PDF, EPUB and Kindle. Book excerpt:

Greed and Glory on Wall Street

1986 Stockbrokers
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Release : 1986
Genre : Stockbrokers
Kind : eBook
Book Rating : 540/5 ( reviews)

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Book Synopsis Greed and Glory on Wall Street by : Ken Auletta

Download or read book Greed and Glory on Wall Street written by Ken Auletta. This book was released on 1986. Available in PDF, EPUB and Kindle. Book excerpt: The New York Times bestseller about the collapse of a major financial house and Wall Street institution, in paperback for the first time.

Greed and Glory

2018-05-15 Sports & Recreation
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Release : 2018-05-15
Genre : Sports & Recreation
Kind : eBook
Book Rating : 648/5 ( reviews)

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Book Synopsis Greed and Glory by : Sean Deveney

Download or read book Greed and Glory written by Sean Deveney. This book was released on 2018-05-15. Available in PDF, EPUB and Kindle. Book excerpt: On October 28, 1986, just one day after winning one of the most thrilling World Series in history, the New York Mets were feted by more than two million fans with a parade through the city. In news accounts of the event, there was a small aside, as this one in the New York Times: "Notable in his absence was the pitcher Dwight Gooden, who Mets officials later said had overslept." No, the Mets' twenty-one-year-old phenom had not slept too late. He had not slept at all, in fact. For Gooden, his postgame champagne celebration kicked off a cocaine binge that took him to a club in Long Island and wound up with him, wired, watching his teammates roll through the streets as he sat with strangers in a public housing project. Such were the 1980s in New York City, a gilded era buttressed by fast money from a real estate boom and the explosion of Wall Street wealth. The Mets and Giants, bolstered by lightning-rod personalities like Gooden and Lawrence Taylor, brought the city sporting glory while its celebrity wealthy added a tabloid-friendly touch of intrigue and national envy. Iconoclastic real estate developer Donald Trump gained national celebrity for his deal-making skill and the flaunting of his outsize ego. Even mayor Ed Koch had gained coast-to-coast fame and mention as a potential future president. Beneath the opulence was a tenuous foundation, one that collapsed spectacularly over the last half of the decade. Away from the cameras focused on the city's nouvelle riches, New York was beset by crisis after crisis--homelessness, AIDS, crack cocaine, organized crime. The swell of outrage over the unwillingness of the city elite to address those problems took years to finally reach a tipping point. Through interviews and detailed research, Greed and Glory gives the narrative of New York during these times, tracing the arc of its sports heroes and celebrities of that era, from their memorable highs to their ultimate lows.

Googled

2009-11-03 Business & Economics
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Release : 2009-11-03
Genre : Business & Economics
Kind : eBook
Book Rating : 404/5 ( reviews)

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Book Synopsis Googled by : Ken Auletta

Download or read book Googled written by Ken Auletta. This book was released on 2009-11-03. Available in PDF, EPUB and Kindle. Book excerpt: A revealing, forward-looking examination of the outsize influence Google has had on the changing media Landscape. There are companies that create waves and those that ride or are drowned by them. As only he can, bestselling author Ken Auletta takes readers for a ride on the Google wave, telling the story of how it formed and crashed into traditional media businesses?from newspapers to books, to television, to movies, to telephones, to advertising, to Microsoft. With unprecedented access to Google?s founders and executives, as well as to those in media who are struggling to keep their heads above water, Auletta reveals how the industry is being disrupted and redefined. Using Google as a stand-in for the digital revolution, Auletta takes readers inside Google?s closed-door meetings and paints portraits of Google?s notoriously private founders, Larry Page and Sergey Brin, as well as those who work with?and against?them. In his narrative, Auletta provides the fullest account ever told of Google?s rise, shares the ?secret sauce? of Google?s success, and shows why the worlds of ?new? and ?old? media often communicate as if residents of different planets. Google engineers start from an assumption that the old ways of doing things can be improved and made more efficient, an approach that has yielded remarkable results? Google will generate about $20 billion in advertising revenues this year, or more than the combined prime-time ad revenues of CBS, NBC, ABC, and FOX. And with its ownership of YouTube and its mobile phone and other initiatives, Google CEO Eric Schmidt tells Auletta his company is poised to become the world?s first $100 billion media company. Yet there are many obstacles that threaten Google?s future, and opposition from media companies and government regulators may be the least of these. Google faces internal threats, from its burgeoning size to losing focus to hubris. In coming years, Google?s faith in mathematical formulas and in slide rule logic will be tested, just as it has been on Wall Street. Distilling the knowledge accrued from a career of covering the media, Auletta will offer insights into what we know, and don?t know, about what the future holds for the imperiled industry.

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