Bibliograph

House of cards, a tale of hubris and wretched excess on Wall Street, William D. Cohan

Type

Label

House of cards, a tale of hubris and wretched excess on Wall Street, William D. Cohan

Language

eng

Bibliography note

Includes bibliographical references (p. [451]-456) and index

Index

index present

Literary Form

non fiction

Main title

House of cards

Medium

electronic resource

Nature of contents

dictionariesbibliography

Oclc number

318971405

Responsibility statement

William D. Cohan

Sub title

a tale of hubris and wretched excess on Wall Street

Summary

William D. Cohan's superb and shocking narrative chronicles the fall of Bear Stearns and the end of the Second Gilded Age on Wall Street, explaining how a combination of risky bets, corporate political infighting, lax government regulations and truly bad decision-making wrought havoc on the world financial system

Table Of Contents

How it happened : ten days in March. The ultimate roach motel ; The confidence game ; "Bear Stearns is not in trouble!" ; The run on the bank ; The armies of the night ; Feeding frenzy ; Total panic ; The price of moral hazard? $2 ; The Fed comes to the rescue (after the bubble is over) ; Mooning at the wake ; New developments from hell ; "We're the bad guys" -- Why it happened : eighty-five years. Cy ; Ace ; Jimmy ; May Day ; Haimchinkel Malintz Anaynikal ; The joy of mortgage-backed securities ; "Bullies always cave" ; The math whiz and the baseball star ; "We're all going to a picnic and the tickets are $250 million each" ; The fish rots from the head -- The end of the second Gilded Age. The 10-in-10 strategy ; Cayne CAPs Spector ; Cioffi's bubble ; "The entire subprime market is toast" ; "If there's fraud, we're gonna pay" ; A very stupid decision ; Nashville ; The Cayne Mutiny ; Desperate times call for hare-brained schemes ; The deluge

Target audience

adult

Classification