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House of Cards: How Wall Street's Gamblers Broke Capitalism: The Fall of Bear.

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Very Good

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GBP 3.53

ApproximatelyS$ 5.98

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Located in: South East, United Kingdom

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eBay item number:333068612724

Last updated on May 01, 2024 20:40:02 SGTView all revisionsView all revisions

Item specifics

Condition: Very Good: A book that has been read but is in excellent condition. No obvious damage to the cover, ... Very Good: A book that has been read but is in excellent condition. No obvious damage to the cover, with the dust jacket included for hard covers. No missing or damaged pages, no creases or tears, and no underlining/highlighting of text or writing in the margins. May be very minimal identifying marks on the inside cover. Very minimal wear and tear. See all condition definitionsopens in a new window or tab

Book Title: House of Cards: How Wall Street's Gamblers Broke Capitalism: The

ISBN: 9781846141959

EAN: 9781846141959

Publication Year: 2009

Type: Textbook

Format: Hardcover

Language: English

Publication Name: House of Cards: How Wall Street's Gamblers Broke Capitalism

Item Height: 240mm

Author: William D. Cohan

Publisher: Penguin Books LTD

Item Width: 162mm

Subject: Economics

Item Weight: 766g

Number of Pages: 480 Pages

About this product

Product Information

On the evening of March 16, 2008, Bear Stearns, a swashbuckling eighty-five-year-old institution in the financial world, sold itself for an outrageously low price to the $2 trillion global behemoth JP Morgan Chase. Bear Stearns no longer existed, and the calamitous financial meltdown of 2008 had begun. What went wrong? In House of Cards , bestselling author and former investment banker William Cohan gives the reader a front-row seat at Wall Street's catastrophic unravelling at the seams, and the end of the Second Gilded Age on Wall Street. Through the prism of Bear Stearns, he shows how a combination of risky bets, corporate political infighting, lax government regulations and truly bad decision-making have wrought havoc on the world financial system. Cohan's minute-by-minute account of those ten days in March makes for breathless reading, as the bankers at Bear Stearns struggled to contain the cascading series of events that would doom the firm, as the US government and federal bank began to realize the dire consequences for the world economy should the company go bankrupt. But House of Cards does more than recount the incredible panic of the first stages of the financial meltdown. William D. Cohan beautifully demonstrates why the seemingly invincible Wall Street money machine came crashing down. He chronicles the swashbuckling corporate culture of Bear Stearns, the strangely crucial role competitive bridge played in the company's fortunes, the brutal internecine battles for power, and the deadly combination of greed and inattention that helps to explain why the company's leaders ignored the danger lurking in Bear's huge positions in mortgage-backed securities. Full of insider knowledge and larger-than-life characters, such as Ace Greenberg, Bear Stearns' miserly, take-no-prisoners chairman and his profane, colorful rival Jimmy Cayne, whose world-champion-level bridge skills were a lever in his corporate rise and the firm's demise; and Jamie Dimon, the blunt-talking CEO of JPMorgan Chase, who won in the end, House of Cards is a shocking tale of greed, arrogance and stupidity in the financial world, and the consequences for all of us.

Product Identifiers

Publisher

Penguin Books LTD

ISBN-13

9781846141959

eBay Product ID (ePID)

86757499

Product Key Features

Author

William D. Cohan

Publication Name

House of Cards: How Wall Street's Gamblers Broke Capitalism

Format

Hardcover

Language

English

Subject

Economics

Publication Year

2009

Type

Textbook

Number of Pages

480 Pages

Dimensions

Item Height

240mm

Item Width

162mm

Item Weight

766g

Additional Product Features

Title_Author

William D. Cohan

Country/Region of Manufacture

United Kingdom

Item description from the seller

Business seller information

Value Added Tax Number:

GB 724498118

Seller assumes all responsibility for this listing.

eBay item number:333068612724

Last updated on May 01, 2024 20:40:02 SGTView all revisionsView all revisions

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Item location:

South East, United Kingdom

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Postage and handling	Each additional item	To	Service	Delivery*See Delivery notes
GBP 8.99 (approx S$ 15.22)	GBP 8.99 (approx S$ 15.22)	United States	Standard Postage (Standard Int'l Postage)	Estimated between Thu, 9 May and Tue, 28 May to 43230 Seller ships within 1 day after receiving cleared payment.

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