Eagle on the Street: Based on the Pulitzer Prize-Winning Account of the SEC's Battle with Wall Street

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The complete account of the most infamous economic debacle of our century, the story of how the Securities & Exchange Commission, under the sway of Reaganomics & the leadership of John Shad, brought deregulation to the stock market & helped fuel the great bull market while planting some of the seeds for the 1987 crash. No other book tells the whole story, with such color & precision. This is the definitive exploration of the Senate hearing rooms, office towers, trading pits, & back rooms where...
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More About This Book

Overview

The complete account of the most infamous economic debacle of our century, the story of how the Securities & Exchange Commission, under the sway of Reaganomics & the leadership of John Shad, brought deregulation to the stock market & helped fuel the great bull market while planting some of the seeds for the 1987 crash. No other book tells the whole story, with such color & precision. This is the definitive exploration of the Senate hearing rooms, office towers, trading pits, & back rooms where Wall Street & Washington cut the deals of a decade of greed. Photos.
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Editorial Reviews

Publishers Weekly - Publisher's Weekly
Vise and Coll chronicle the SEC's tangled relations with Wall Street during the 1980s . Based on a Pulitzer Prize-winning series in the Washington Post. Photos. (Nov.)
Library Journal
That this book won a Pulitzer Prize in its original serialized form ( Washington Post magazine) is difficult to believe. It is a history of the Securities and Exchange Commission (SEC) and its chairman John Shed during the 1980s, but the authors are clearly biased. Free enterprise? Capitalism? Mistakes. The SEC wasn't regulatory enough for the authors' apparent belief that with enough regulation humanity will become virtuous. They never explain this obvious prejudice, although there were advantages to some takeovers and leveraged buyouts. Among the many irritants in this book: a misunderstanding of ``liquidity''; endless slanted adjectives and cliches (all buildings are ``towering''; when someone they don't care for acts, it is ``frenzied''); and unsubstantiated quotes (there is no real bibliography, only a thank you to ``more than 250 people'' used as sources). A dispassionate history of the SEC in the 1980s remains to be written.-- Alex Wenner, Indiana Univ. Libs., Bloomington
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Product Details

  • ISBN-13: 9780020081623
  • Publisher: Macmillan Publishing Company, Incorporated
  • Publication date: 11/1/1992
  • Edition description: 1st Collier Books ed
  • Pages: 395

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