Omro Public Library (Carter Memorial)

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

eng

technical information on music

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other

House of cards

digital audio book

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368071652

William D. Cohan

a tale of hubris and wretched excess on Wall Street

In March 2008, Bear Stearns, a swashbuckling eighty-four-year-old financial institution, was forced to sell itself to JPMorgan Chase for an outrageously low price in a deal brokered by Treasury Secretary Henry Paulson, who was desperately trying to prevent the impending catastrophic market crash. But mere months before, an industry-wide boom had "the Bear" clocking a record high stock price. How did a giant investment bank with $18 billion in cash on hand disappear in a mere ten days? In this tour de force, Cohan provides a minute-by-minute account of the events that brought America's second Gilded Age to an end

adult

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