Books : Liar's Poker: Rising Through the Wreckage of Wall Street
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Binding: Hardcover
Dewey Decimal Number: 332.620973
EAN: 9780393027501
ISBN: 0393027503
Label: W. W. Norton & Company
Manufacturer: W. W. Norton & Company
Number Of Items: 1
Number Of Pages: 249
Publication Date: 1989-10
Publisher: W. W. Norton & Company
Sales Rank: 3541
Studio: W. W. Norton & Company
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Editorial Review:
Product Description:
In this shrewd and wickedly funny book, Michael Lewis describes an astonishing era and his own rake's progress through the jungle of a powerful investment bank. In two short years he rose from trainee to a bond salesman who could turn over millions of dollars' worth of doubtful bonds with just one call.
Average Rating: 
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This was a pretty good book because it tells you things that make you want to keep listening, it holds your attention. You will learn some things from this book. The only bad thing about this book that i didnt like was how the author occasionally went off on unusual/complicated tangents when describing things. The kind of sentences you have to read atleast 3 times.....but i still recommend it. FIASCO was also very good.
sayanora
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Anyone looking for an idea of what its like to work at an investment bank MUST read this book.
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This book was so inspirational and superb it may have changed my life. It changed my perspective on things and it was so funny and enlightening it in a way contributed to helping me go from a Junior Manager in a Fortune 500 company to Head of Division with responsibility over 15 countries in an International Fortune 500 Company...a must read for any MBA or graduate diving into the corporate rat race and wanting to know - is anything possible? the answer is yes. Depends how you do it...A great read. Thanks!
Rating: -
Michael Lewis describes his corner of wall street pretty well. The 1980s bond market. He continually contrasts the practice and culture of trading bonds with the dogma of Economics.
Over the course of the book it becomes easy to draw parallels between Wall Street and Feudal Europe. The Economists are like the Catholic Church in Feudal Europe. The Traders are like the Nobles and Royalty in Medieval Europe. The Job of the Nobles is to fight other Nobles over the right to control land, rent, and protection fees. The Job of the Church is to teach people who aren't Nobles that they should do what the Nobles tell them to. In exchange, the Church will occasionally ask the Nobles to behave a little better.
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This book should be required reading for all wanna be I-bankers. The author very convincingly describes the inner workings of a major financial institution. From the outside, the public only sees the expensive suits and tall glass buildings and are suitably impressed by the knowledge and skills of those who works inside. But the author takes us behind the doors to show frighteningly how the lifeblood of the world is controlled by a bunch of 25 year olds who have little idea of the magnitude of their actions.
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