House of Cards by William D Cohan

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House of Cards by William D Cohan

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House of Cards by William D Cohan

In March 2008, Bear Stearns, a swashbuckling eighty-four-year-old financial institution, was forced to sell itself to JPMorgan Chase for an outrageously low price in a deal brokered by Treasury Secretary Henry Paulson, who was desperately trying to prevent the impending catastrophic market crash. But mere months before, an industry-wide boom had the Bear clocking a record high stock price. How did a giant investment bank with $18 billion in cash on hand disappear in a mere ten days? In this tour de force, Cohan provides a minute-by-minute account of the events that brought America's second Gilded Age to an end. Filled with intimate portraits of the major players, high-end gossip, and smart financial analysis, House of Cards recounts in delicious narrative form the dramatic events behind the fall of Bear Stearns and what it revealed about the financial world's progression from irrational boom to cataclysmic bust. House of Cards is the Rosetta Stone for understanding the dramatic and the unprecedented events that have reshaped Wall Street and global finance in the past two years.

COHAN is the bestselling author of The Last Tycoons, which won the 2007 FT/Goldman Sachs Business Book of the Year Award. He is a former top Wall Street investment banker. He writes for Vanity Fair, Fortune, ArtNews, The Financial Times, the Washington Post, and the Daily Beast, and is an online columnist for The New York Times. He's also a regular on CNN, Bloomberg TV, and CNBC, as well as a number of NPR broadcasts.

SKU Unavailable
ISBN 13 9780767930895
ISBN 10 0767930894
Title House of Cards
Author William D Cohan
Condition Unavailable
Binding Type Paperback
Publisher Random House USA Inc
Year published 2010-02-09
Number of pages 608
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.