Funny Money

Overview

From esteemed New Yorker writer Mark Singer comes this cautionary tale of the Penn Square Bank, the oil and gas broker in an Oklahoma City shopping mall whose collapse in 1982 staggered America’s banking industry. Recounting the whole spectacular story and its colorful characters, Singer makes brilliantly (and hilariously) clear what actually happened and why it had to happen in boom-time Oklahoma. Nowhere else did money flow in quite the same spontaneous fashion. “[A] tale of wonderful verve” (New York Times), ...

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Funny Money

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Overview

From esteemed New Yorker writer Mark Singer comes this cautionary tale of the Penn Square Bank, the oil and gas broker in an Oklahoma City shopping mall whose collapse in 1982 staggered America’s banking industry. Recounting the whole spectacular story and its colorful characters, Singer makes brilliantly (and hilariously) clear what actually happened and why it had to happen in boom-time Oklahoma. Nowhere else did money flow in quite the same spontaneous fashion. “[A] tale of wonderful verve” (New York Times), Funny Money comes to life through Singer's vivid prose and continues to resonate in today's culture of corporate corruption.

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Editorial Reviews

Publishers Weekly - Publisher's Weekly
An Oklahoma native and New Yorker writer, Singer tells the story of the Penn Square Bank, an Oklahoma City shopping-center bank whose 1982 multimillion dollar collapsebased on bad oil and gas loansthreatened the solvency of several national banks. This book ``does a brilliant job of explaining the fiasco,'' PW observed. (May)
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Product Details

  • ISBN-13: 9780618197279
  • Publisher: Houghton Mifflin Harcourt
  • Publication date: 6/17/2004
  • Edition description: Reprint
  • Pages: 242
  • Sales rank: 638,203
  • Product dimensions: 5.50 (w) x 8.50 (h) x 0.55 (d)

Meet the Author

Mark Singer has been a staff writer for The New Yorker since 1974. He is the author of Funny Money, Mr. Personality, Citizen K, and Somewhere in America. He lives in New York City.

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