Before there was Flash Boys and The Big Short, there was Liar's Poker. A knowing and unnervingly talented debut, this insider’s account of 1980s Wall Street excess transformed Michael Lewis from a disillusioned bond salesman to the best-selling literary icon he is today. Together, the three books cover thirty years of endemic global corruptionperhaps the defining problem of our agewhich has never been so hilariously skewered as in Liar's Poker, now in a twenty-fifth-anniversary edition with a new afterword by the author.
It was wonderful to be young and working on Wall Street in the 1980s: never before had so many twenty-four-year-olds made so much money in so little time. After you learned the trick of it, all you had to do was pick up the phone and the money poured in your lap.
This wickedly funny book endures as the best record we have of those heady, frenzied years. In it Lewis describes his own rake’s progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor) to Big Swinging Dick, the most dangerous beast in the jungle, a bond salesman who could turn over millions of dollars' worth of doubtful bonds with just one call.
As he has continued to do for a quarter century, Michael Lewis here shows us how things really worked on Wall Street. In the Salomon training program a roomful of aspirants is stunned speechless by the vitriolic profanity of the Human Piranha; out on the trading floor, bond traders throw telephones at the heads of underlings and Salomon chairmen Gutfreund challenges his chief trader to a hand of liar’s poker for one million dollars.
|Publisher:||Norton, W. W. & Company, Inc.|
|Edition description:||25th Anniversary Edition|
|Product dimensions:||9.30(w) x 6.20(h) x 1.10(d)|
About the Author
Date of Birth:October 15, 1960
Place of Birth:New Orleans, LA
Education:Princeton University, B.A. in Art History, 1982; London School of Economics, 1985
Table of Contents
1 Liar's Poker 13
2 Never Mention Money 21
3 Learning to Love Your Corporate Culture 39
4 Adult Education 67
5 A Brotherhood of Hoods 99
6 The Fat Men and Their Marvelous Money Machine 129
7 The Salomon Diet 167
8 From Geek to Man 189
9 The Art of War 229
10 How Can We Make You Happier? 255
11 When Bad Things Happen to Rich People 285
Liar's Poker at Twenty-five 311