The Weekend That Changed Wall Street: An Eyewitness Account

Overview

"Another source in the Treasury spoke with me, the sadness and frustration clear in his voice. 'It wasn't like a decision was made on Friday that these guys were just doomed and we were going to let them go. There was an attempt over that entire weekend to save them. And the fact is, we didn't. So in that sense it was a failure, and once Barclays pulled out, we didn't have any other options. We didn't have the legal authority to do anything differently. So I don't blame us for failing that weekend. I blame the fact that we didn't have mechanisms

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Overview

"Another source in the Treasury spoke with me, the sadness and frustration clear in his voice. 'It wasn't like a decision was made on Friday that these guys were just doomed and we were going to let them go. There was an attempt over that entire weekend to save them. And the fact is, we didn't. So in that sense it was a failure, and once Barclays pulled out, we didn't have any other options. We didn't have the legal authority to do anything differently. So I don't blame us for failing that weekend. I blame the fact that we didn't have mechanisms set up in advance to deal with these sorts of contingencies'. He sighed and added, 'It would be great if we were all smarter, but we're not.'"

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Editorial Reviews

Vanity Fair
“She has interviewed just about everyone who’s anyone in finance and politics, from presidents and Federal Reserve chairmen to Middle Eastern sheikhs. Today, there are few, if any, CEOs in America who do not return her calls and fewer still who turn down a chance to be interviewed by her.”
Forbes
“[Bartiromo is] at the top of her game.”
The Financial Times
“One of the 50 people who shaped the last decade . . . The CNBC anchor has made the transition to the inner circle of the global business elite.”
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Product Details

  • ISBN-13: 9781591843511
  • Publisher: Penguin Group (USA) Incorporated
  • Publication date: 9/7/2010
  • Pages: 240
  • Product dimensions: 6.22 (w) x 11.04 (h) x 0.85 (d)

Meet the Author

Maria Bartiromo is the anchor of CNBC's Closing Bell with Maria Bartiromo and the anchor and managing editor of the nationally syndicated Wall Street Journal Report with Maria Bartiromo. She has been reporting from the New York Stock Exchange for seventeen years and has covered Wall Street for more than twenty years. She was the first person to report from the floor of the NYSE and was recently chosen to be inducted in the Cable Hall of Fame for helping to change the way business news is covered on television. Previously, she wrote a weekly column in BusinessWeek and has written monthly columns for Individual Investor, Ticker, and Reader's Digest magazines. She has also been published in the Financial Times and Town & Country. She is on the board of New York University and recently won an Emmy Award for her reporting on the financial crisis.

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Table of Contents

Introduction: Eyewitness to the Crisis 1

Prologue: Riding High Before the Fall 5

1 Nightmare on Liberty Street 15

2 The Bubble Machine 35

3 Zombies at Lehman 59

4 Down to the Wire 83

5 Death Sentence and Champagne 99

6 Fallout 107

7 Popcorn and Dominoes 127

8 The Aftershocks 147

9 A Greek Tragedy 171

10 Capitalism in the Balance 189

Acknowledgments 209

Notes 213

Index 225

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Sort by: Showing all of 5 Customer Reviews
  • Posted September 7, 2010

    Wall Street Mouthpiece

    This corporate shill as much credibility as a snake oil salesman.

    2 out of 11 people found this review helpful.

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    Posted May 14, 2011

    No text was provided for this review.

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    Posted January 15, 2011

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    Posted June 19, 2011

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    Posted January 10, 2011

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