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The End of Wall Street

Roger Lowenstein

This revelatory work offers a blow-by-blow account of America's biggest financial collapse since the Great Depression. Drawing on 180 interviews, Lowenstein tells, with grace, wit, and razor-sharp understanding, the full story of the end of Wall Street.

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Book Information

Publisher: Penguin Press
Publish Date: 04/05/2010
Pages: 339
ISBN-13: 9781594202391
ISBN-10: 1594202397
Language: English

What We're Saying

July 15, 2010

Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager by n+1, Keith Gessen & Anonymous Hedge Fund Manager, Harper Perennial, 260 pages, $14. 99, Paperback, June 2010, ISBN 9780061965302 Keith Gessen is the founder of n+1, a mostly literary magazine out of New York City, and the author of All the Sad Young Literary Men, which, as you can probably gather from the title, is also thoroughly literary. So, how is it that he has now penned one of the most fascinating books to date on the recent calamity on Wall Street? READ FULL DESCRIPTION

October 22, 2015

Roger Lowenstein has written a brilliant book on the founding of the Federal Reserve that informs and echoes the issues and arguments of today. READ FULL DESCRIPTION

April 20, 2010

The Greatest Gamble Ever

By 800-CEO-READ

Gregory Zuckerheim's The Greatest Trade Ever: The Behind-The-Scenes Story of How John Paulson Defied Wall Street and Made Financial History tells of how Paulson "realized something few others suspected—that the housing market and the value of sub-prime mortgages we grossly inflated and headed for a major fall. " But it turns out that "The Greatest Trade Ever" may have been something very akin to a rigged bet. What the book didn't tell us (because it was unknown at the time) is that Paulson had shaped the portfolio of mortgages—hand-picking the bonds it contained for Goldman Sachs—that he bet against to make his fortune. READ FULL DESCRIPTION

January 21, 2010

From the introduction of his April 06, 2010 book called The End of Wall Street, Roger Lowenstein states: "On the evidence, Lehman was more nearly the climax, or one of a series of climaxes, in a long and painful cataclysm. By the time it failed, the critical moment was long past. Banks had suffered horrendous losses that drained their capital, and as the country was to discover, capitalism without capital is like a furnace without fuel. READ FULL DESCRIPTION

November 19, 2010

Bloomberg Picks 30

By 800-CEO-READ

Here's a list we missed late last month. Though the post is rather cryptically titled Hellhound Bites Citigroup, Schwarzman Finds Gold Mine: Top Business Books, Bloomberg's James Pressley explains exactly why they put the list together: With so many business books being published each month, we’re often asked for recommendations. Here are 30 of our favorite hardbacks published this year. READ FULL DESCRIPTION

Full Description

Drawing on 180 interviews, Lowenstein tells the full story of the end of Wall Street. He weaves a financial, economic and sociological thriller that indicts America for succumbing to the siren song of easy debt and speculative mortgages.

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