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Liar’s Poker (25th Anniversary Edition): Rising Through the Wreckage on Wall Street (25th Anniversary Edition)

Amazon.com Price:  $10.24 (as of 12/05/2019 17:58 PST- Details)

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Description

The time used to be the 1980s. The place used to be Wall Street. The game used to be known as Liar’s Poker.

Before there used to be Flash Boys and The Big Short, there used to be 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 most efficient-selling literary icon he’s today. Together, the three books cover thirty years of endemic global corruption―in all probability the defining problem of our age―which has never been so hilariously skewered as in Liar’s Poker, now in a twenty-fifth-anniversary edition with a new afterword by the creator.

It used to be wonderful to be young and working on Wall Street in the 1980s: never before had such a lot of twenty-four-year-olds made such a lot money in so little time. After you learned the trick of it, all you had to do used to be pick up the phone and the money poured in your lap.

This wickedly funny book endures as the most efficient 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 in reality 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 a million dollars.

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