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House of Cards
A Tale of Hubris and Wretched Excess on Wall Street
by 
William D. Cohan
Alan Sklar
Publisher: Tantor Media
Subject(s):  Business
Nonfiction
Language(s):  English
Burn to CD allowed (burn to CD allowed)
Excerpt(s): 
WMA excerpt   Chapter 1 (WMA format)
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Format Information

OverDrive Audio Book add to eCart
Available copies:   1
Library copies:   1
Lending period:   21 days
File size:   363521 KB
Software version:  
ISBN:   9781400181681
Release date:   Apr 28, 2009
 

Description

Written with the novelistic verve and insider knowledge that made The Last Tycoons a bestseller and a prize winner, House of Cards is a chilling cautionary tale about greed, arrogance, and stupidity in the financial world, and the consequences for all of us.

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.

Digital Rights Information

OverDrive Audio Book
Burn to CD: Permitted
 
Transfer to device: Permitted
   Transfer to Apple® device: Permitted
 
Public performance: Not permitted
File-sharing: Not permitted
Peer-to-peer usage: Not permitted
 
All copies of this title, including those transferred to portable devices and other media, must be deleted/destroyed at the end of the lending period.