HAYDEN RICHARDS
The title says it all..
'On The Brink - Inside the Race to Stop the Collapse of the Global Financial System' by former US Treasury Secretary Hank Paulson is one of the year's most eagerly awaited books.
'Too Big to Fail' is the inside story of how Wall Street and Washington fought to save the financial system - and themselves. A real-life thriller about the most tumultuous period in America's financial history by an acclaimed New York Times Reporter.
"...gives the readers a visceral sense of what it was like to work at Lehman Brothers and the fateful decisions and events that led to the company's death spiral..." -Michiko Kakutani, The New York Times"Highly readable...A Colossal Failure of Common Sense largely rings true.
"Engrossing . . . a parable about how the second Gilded Age came slamming to a fast and furious end. . . . Riveting, edge-of-the-seat reading." -Michiko Kakutani, The New York Times "Cohan's epic account chronicles a watershed moment in Wall Street history." -The Boston Globe "Masterfully reported. . .
"Eminently readable and convincing...There's great value to be gained in the detail that Farrell reveals." -Salon "An exhaustive reconstruction of how Merrill Lynch & Co. sealed its own fate bybecoming more bullish on bonuses than on America."
By Neil Barofsky In this bracing, page-turning account of his stranger-than-fiction baptism into the corrupted ways of Washington, Neil Barofsky offers an irrefutable indictment, from an insider of the Bush and Obama administrations, of the mishandling of the $700bn TARP bailout fund.
The New York Post reports that John Paulson, the hedge fund manager who paid himself $3.7bn last year after that spectacular trade shorting the subprime market, lost some ground in July - although not much. The newspaper says that Paulson's six hedge funds fell about 3.7% over the month.
By Stephanie Madoff Mack An explosive, heartbreaking memoir from the widow of Mark Madoff and daughter-in-law of Bernard Madoff, the first genuine inside story from a family member who has lived through- and survived-both the public crisis and her own deeply personal tragedy.
"[A] splendid account of the financial meltdown." (Wall Street Journal )The most comprehensive anecdotal account to date of the crisis.... Gasparino cuts his way through Wall Street rhetoric and in the process uncovers in considerable detail how blind profit-making ambition led to the destruction of the markets.
By Jared Dillian When Jared Dillian joined Lehman Brothers in 2001, he fulfilled a life-long dream to make it on Wall Street-but he had no idea how close to the edge the job would take him. Like Michael Lewis's classic Liar's Poker, Jared Dillian's Street Freak takes readers behind the scenes of the legendary Lehman Brothers, exposing its outrageous and often hilarious corporate culture.
By Alan C. Greenberg with Mark Singer On March 16, 2008, Alan Greenberg, former CEO and current chairman of the executive committee of Bear Stearns, found himself in the company's offices on a Sunday.
Although Lewis is perhaps best known for his sports-related nonfiction (including The Blind Side), his first book was the autobiographical Liar's Poker, in which he chronicled his disillusionment as a young gun on Wall Street in the greed is good 1980s.
