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House of Cards: A Tale of Hubris and Wretched Excess on Wall Street

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Publisher:
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Pub. Date:
2009
Language:
English
Description

A blistering narrative account of the negligence and greed that pushed all of Wall Street into chaos and the country into a financial crisis. At the beginning of March 2008, the monetary fabric of Bear Stearns, one of the world's oldest and largest investment banks, began unraveling. After ten days, the bank no longer existed, its assets sold under duress to rival JPMorgan Chase. The effects would be felt nationwide, as the country suddenly found itself in the grip of the worst financial mess since the Great Depression. William Cohan exposes the corporate arrogance, power struggles, and deadly combination of greed and inattention, which led to the collapse of not only Bear Stearns but the very foundations of Wall Street.From the Trade Paperback edition.

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ISBN:
9781400191680
9780385530460
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Grouping Information

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Grouping Titlehouse of cards a tale of hubris and wretched excess on wall street
Grouping Authorwilliam d cohan
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2021-04-13 04:15:51AM
Last Indexed2021-04-13 04:47:36AM
Novelist Primary ISBN9780385528269

Solr Details

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A blistering narrative account of the negligence and greed that pushed all of Wall Street into chaos and the country into a financial crisis.

At the beginning of March 2008, the monetary fabric of Bear Stearns, one of the world's oldest and largest investment banks, began unraveling. After ten days, the bank no longer existed, its assets sold under duress to rival JPMorgan Chase. The effects would be felt nationwide, as the country suddenly found itself in the grip of the worst financial mess since the Great Depression. William Cohan exposes the corporate arrogance, power struggles, and deadly combination of greed and inattention, which led to the collapse of not only Bear Stearns but the very foundations of Wall Street.

From the Trade Paperback edition.

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title_displayHouse of Cards A Tale of Hubris and Wretched Excess on Wall Street
title_fullHouse of Cards A Tale of Hubris and Wretched Excess on Wall Street
title_shortHouse of Cards
title_subA Tale of Hubris and Wretched Excess on Wall Street
topic_facetBusiness
Finance
Nonfiction