Greed and Glory on Wall Street by Ken Auletta

Greed and Glory on Wall Street by Ken Auletta

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.

Ken Auletta has been the Annals of Communication columnist for The New Yorker since 1992. He is the author of seven previous books, including three national bestsellers. In ranking him as America's premier media critic, the Columbia Journalism Review concluded, No other reporter has covered the new communications revolution as thoroughly as has Auletta. He has written for various newspapers and magazines, and appeared regularly as a television interviewer and analyst. He started writing for The New Yorker in 1977. He grew up in Coney Island and now lives in New York City with his wife and daughter.

SKU	Unavailable
ISBN 13	9780394544106
ISBN 10	0394544102
Title	Greed and Glory on Wall Street
Author	Ken Auletta
Condition	Unavailable
Binding Type	Paperback
Publisher	Random House UK Ltd (A Division of Random House Group)
Year published	1992-02-01
Number of pages	253
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable