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Liar's Poker |  | Author: Michael Lewis
Publisher: W. W. Norton & Company
Category: Book
List Price: $15.95
Buy New: $8.95
as of 9/10/2010 12:54 CDT details
You Save: $7.00 (44%)
New (32) Used (10) from $8.89
Seller: yjdbooks
Rating:  273 reviews
Sales Rank: 450
Media: Paperback
Edition: Reprint
Pages: 310
Number Of Items: 1
Shipping Weight (lbs): 0.6
Dimensions (in): 8.2 x 5.4 x 1
ISBN: 039333869X
Dewey Decimal Number: 332.620973
EAN: 9780393338690
ASIN: 039333869X
Publication Date: March 15, 2010
Availability: Usually ships in 1-2 business days
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| • | ISBN13: 9780393338690 | | • | Condition: New | | • | Notes: BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed |
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Product Description
The time was the 1980s. The place was Wall Street. The game was called Liar’s Poker. Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years—a behind-the-scenes look at a unique and turbulent time in American business. From the frat-boy camaraderie of the forty-first-floor trading room to the killer instinct that made ambitious young men gamble everything on a high-stakes game of bluffing and deception, here is Michael Lewis’s knowing and hilarious insider’s account of an unprecedented era of greed, gluttony, and outrageous fortune.
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| Customer Reviews:
Showing reviews 1-5 of 273
 Liar's Poker August 28, 2010
Darrel William
Great bookLiar's Poker. It teaches a lot about the bond market, how the market works, and what bonds are all about. The book talks about market fools, and how the pros in the bond and equity markets make money off the market fools. Until I read this book, I didn't realize that I'm a market fool. This book has changed the way that I look at investing.
 The roots of today's problems August 16, 2010
Train Reader (NY, NY)
This book is an excellent look at the culture of the 1980's investment bank, primarily, the now non-existent, Salomon Brothers. This book takes the reader through the training program at SB with the author Lewis. Liar's Poker does a great job describing the characters in this investment house as well as the insanity that occurs on a daily basis at the trading desks and the woeful decisions by the CEO's of these banks.
The look at SB was hilarious in its time, but now it is an excellent view of the creation of the Mortgage Backed Security and the large market of home loans that was created. This gives the reader a firsthand view of events that would eventually lead to the credit crisis of 2007-2009.
In standard Lewis fashion the reader is given an easy to understand explanation of complicated financial transaction and markets, even the unsophisticated person can read this book and understand the happenings of the markets.
I recommend this book; it is a great way to become familiar with Wall st and its interworkings.
 Abridged Audio CD Too Short, Author Doesn't Read It Well August 13, 2010
A Tough Critic (California)
I don't like buying abridged editions, and only did so here because I didn't see an unabridged CD of this book. This one proves why: too short and choppy, and you can tell that much is being left out. In addition, while the stories are interesting, the author's voice is quite incompatible with the material he's reading, and therefore a distraction. (If you want to hear the perfect Audio CD, try the unabridged Angela's Ashes, read by its author Frank McCourt ... pure magic. I'd venture to say you cannot truly understand from any other format what this incredible storyteller is trying to convey. You'll want to start it over as soon as it ends.)
Great read August 9, 2010
Colin@NYUpoly
This book had me after the first chapter, which left me with the hair on the back of my neck tingling with excitement. Michael Lewis is a great story teller and since he was on ground zero for Salomon brothers during their early years it gives him a massive amount of insight. This book is hilarious to read because it documents the mortgage trading culture wonderfully during its infancy...and explains how salomon bros sowed the seeds of it's own destruction early on with poor business practices while simultaneously creating the dangerous market of mortgages and derivatives. Excellent to read, complex but in layman's terms, and most importantly it is organized like a good novel: complete with beginning, middle, and end. I highly recommend this book for not only its informational value, but for its entertainment value as well.
 Not too bad, although gets boring at times August 4, 2010
jim
Not a bad book about bond trading back in 1980s at Solomon. Couple of funny places that made me laugh. However, in general, it'd probably only be really interesting for those who are into bonds.
Showing reviews 1-5 of 273
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