House of Cards: A Tale of Hubris and Wretched Excess on Wall Street
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.
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.
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Format: hardcover
ISBN:
9780385528269 (0385528264)
Publish date: March 10th 2009
Publisher: Doubleday
Pages no: 480
Edition language: English
Heard an interview with the author. Interesting detail: Compensation at Bear Stearns was based on a ratio of how much money they made using the least amount of capital. So even when things started to go bad, they were reluctant to take offers of capital from outside. Hence they refusal of the offe...
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