Belly Up: The Collapse of the Penn Square Bank

Amazon.com Price: $27.00 (as of 11/10/2019 06:04 PST- Details)

ISBN13: 9780449902059
Condition: New
Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

Description

No economist may have predicted that the Penn Square Bank, a small, difficult to understand lender in an Oklahoma shopping mall, would develop into the instigator of a financial charade that would see billions of dollars in loans made at the basis of imaginary oil and natural gas reserves—just as a world wide oil glut and the repeal of regulatory gas laws were about to pull the rug from under the Oklahoma energy boom.
 
Belly Up tells this amazing true story with brilliant reporting, delicious detail, and a fantastic yet all-too-real cast of characters, from the young geologist who convinced banks to invest lots of money in an enormous new source of natural gas to the banker who became notorious for lending money to each con artist and wildcatter with a lease, a rig, and a dream.
 
Praise for Belly Up

Belly Up merits a slot on any investor’s literary shelf as indisputably as it does a Pulitzer Prize!”Financial World

“Investigative reporting at its perfect.”The Baltimore Sun
ISBN13: 9780449902059
Condition: New
Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

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