Greed and Glory on Wall Street: The Fall of the House of Lehman

Kobo ebook | September 29, 2015

Greed and Glory on Wall Street: The Fall of the House of Lehman
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The inside account of a financial meltdown that reshaped Wall Street

In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power struggles that brought about Peterson’s departure and the eventual sale of one of Wall Street’s oldest and most prestigious firms.

Set against the backdrop of the 1980s stock exchange, where hotshot young traders made and lost millions in a single afternoon, the story of Lehman’s fall is a suspenseful battle of wills between bankers, traders, and executives motivated by greed, envy, and ego. Auletta, who conducted hundreds of hours of interviews and was granted access to private company records, has crafted a thorough, enduring, and engaging account of pivotal events that continued to influence this storied financial institution until its ultimate demise in 2008.

Title:Greed and Glory on Wall Street: The Fall of the House of LehmanFormat:Kobo ebookPublished:September 29, 2015Publisher:Open Road MediaLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:1504018605

ISBN - 13:9781504018609

Appropriate for ages: All ages

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