The End of Wall Street

Book Cover
Average Rating
Publisher:
Varies, see individual formats and editions
Pub. Date:
Varies, see individual formats and editions
Language:
English
Description
Watch a Video

  • Watch a video

Download the cheat sheet for Roger Lowenstein's The End of Wall Street »

The roots of the mortgage bubble and the story of the Wall Street collapse-and the government's unprecedented response-from our most trusted business journalist.

The End of Wall Street is a blow-by-blow account of America's biggest financial collapse since the Great Depression. Drawing on 180 interviews, including sit-downs with top government officials and Wall Street CEOs, Lowenstein tells, with grace, wit, and razor-sharp understanding, the full story of the end of Wall Street as we knew it. Displaying the qualities that made When Genius Failed a timeless classic of Wall Street-his sixth sense for narrative drama and his unmatched ability to tell complicated financial stories in ways that resonate with the ordinary reader-Roger Lowenstein weaves a financial, economic, and sociological thriller that indicts America for succumbing to the siren song of easy debt and speculative mortgages.

The End of Wall Street is rife with historical lessons and bursting with fast-paced action. Lowenstein introduces his story with precisely etched, laserlike profiles of Angelo Mozilo, the Johnny Appleseed of subprime mortgages who spreads toxic loans across the landscape like wild crabapples, and moves to a damning explication of how rating agencies helped gift wrap faulty loans in the guise of triple-A paper and a takedown of the academic formulas that-once again- proved the ruin of investors and banks. Lowenstein excels with a series of searing profiles of banking CEOs, such as the ferretlike Dick Fuld of Lehman and the bloodless Jamie Dimon of JP Morgan, and of government officials from the restless, deal-obsessed Hank Paulson and the overmatched Tim Geithner to the cerebral academic Ben Bernanke, who sought to avoid a repeat of the one crisis he spent a lifetime trying to understand-the Great Depression.

Finally, we come to understand the majesty of Lowenstein's theme of liquidity and capital, which explains the origins of the crisis and that positions the collapse of 2008 as the greatest ever of Wall Street's unlearned lessons. The End of Wall Street will be essential reading as we work to identify the lessons of the market failure and start to reb...
Also in This Series
More Like This
More Details
ISBN:
9781101197691
9781101976395
Reviews from GoodReads
Loading GoodReads Reviews.
Tagging
Tags:

No Tags, Be the first to tag this record!


Staff View

Grouping Information

Grouped Work ID226a9408-0927-1452-e3bc-395bc21d7095
Grouping Titleend of wall street
Grouping Authorroger lowenstein
Grouping Categorybook
Grouping LanguageEnglish (eng)
Last Grouping Update2021-08-03 04:51:36AM
Last Indexed2021-08-03 05:11:05AM
Novelist Primary ISBNnone

Solr Details

accelerated_reader_point_value0
accelerated_reader_reading_level0
authorRoger Lowenstein
author_displayRoger Lowenstein
available_at_addisonOnline OverDrive Collection
detailed_location_addisonOnline OverDrive Collection
display_descriptionWatch a Video

  • Watch a video
  • Download the cheat sheet for Roger Lowenstein's The End of Wall Street »

    The roots of the mortgage bubble and the story of the Wall Street collapse-and the government's unprecedented response-from our most trusted business journalist.
    The End of Wall Street is a blow-by-blow account of America's biggest financial collapse since the Great Depression. Drawing on 180 interviews, including sit-downs with top government officials and Wall Street CEOs, Lowenstein tells, with grace, wit, and razor-sharp understanding, the full story of the end of Wall Street as we knew it. Displaying the qualities that made When Genius Failed a timeless classic of Wall Street-his sixth sense for narrative drama and his unmatched ability to tell complicated financial stories in ways that resonate with the ordinary reader-Roger Lowenstein weaves a financial, economic, and sociological thriller that indicts America for succumbing to the siren song of easy debt and speculative mortgages.
    The End of Wall Street is rife with historical lessons and bursting with fast-paced action. Lowenstein introduces his story with precisely etched, laserlike profiles of Angelo Mozilo, the Johnny Appleseed of subprime mortgages who spreads toxic loans across the landscape like wild crabapples, and moves to a damning explication of how rating agencies helped gift wrap faulty loans in the guise of triple-A paper and a takedown of the academic formulas that-once again- proved the ruin of investors and banks. Lowenstein excels with a series of searing profiles of banking CEOs, such as the ferretlike Dick Fuld of Lehman and the bloodless Jamie Dimon of JP Morgan, and of government officials from the restless, deal-obsessed Hank Paulson and the overmatched Tim Geithner to the cerebral academic Ben Bernanke, who sought to avoid a repeat of the one crisis he spent a lifetime trying to understand-the Great Depression.
    Finally, we come to understand the majesty of Lowenstein's theme of liquidity and capital, which explains the origins of the crisis and that positions the collapse of 2008 as the greatest ever of Wall Street's unlearned lessons. The End of Wall Street will be essential reading as we work to identify the lessons of the market failure and start to reb...
    format_addisoneAudiobook
    eBook
    format_category_addisonAudio Books
    eBook
    id226a9408-0927-1452-e3bc-395bc21d7095
    isbn9781101197691
    9781101976395
    item_details
    Bib IdItem IdShelf LocCall NumFormatFormat CategoryNum CopiesIs Order ItemIs eContenteContent SourceeContent FileeContent URLsubformatDetailed StatusLast CheckinLocationSub-location
    overdrive:f534e2fb-3590-4d6c-b94d-3176c7650daf1Online OverDrive CollectionOnline OverDriveeAudiobookAudio Books0falsetrueOverDriveOverDrive MP3 Audiobook, OverDrive ListenAvailable Online
    overdrive:f534e2fb-3590-4d6c-b94d-3176c7650daf-1Online OverDrive CollectionOnline OverDriveeAudiobookAudio Books1falsetrueOverDriveOverDrive MP3 Audiobook, OverDrive ListenAvailable Online
    overdrive:f1e676c8-37ca-49d4-84df-45fc71adfed11Online OverDrive CollectionOnline OverDriveeBookeBook0falsetrueOverDriveAdobe EPUB eBook, Kindle Book, OverDrive ReadAvailable Online
    overdrive:f1e676c8-37ca-49d4-84df-45fc71adfed1-1Online OverDrive CollectionOnline OverDriveeBookeBook1falsetrueOverDriveAdobe EPUB eBook, Kindle Book, OverDrive ReadAvailable Online
    last_indexed2021-08-03T10:11:05.757Z
    lexile_score-1
    literary_formNon Fiction
    literary_form_fullNon Fiction
    local_callnumber_addisonOnline OverDrive
    owning_library_addisonAddison Public Library Online
    owning_location_addisonOnline OverDrive Collection
    primary_isbn9781101197691
    record_details
    Bib IdFormatFormat CategoryEditionLanguagePublisherPublication DatePhysical DescriptionAbridged
    overdrive:f534e2fb-3590-4d6c-b94d-3176c7650dafeAudiobookAudio BooksEnglishPenguin Random House Audio Publishing Group
    overdrive:f1e676c8-37ca-49d4-84df-45fc71adfed1eBookeBookEnglishPenguin Publishing Group
    recordtypegrouped_work
    scoping_details_addison
    Bib IdItem IdGrouped StatusStatusLocally OwnedAvailableHoldableBookableIn Library Use OnlyLibrary OwnedHoldable PTypesBookable PTypesLocal Url
    overdrive:f534e2fb-3590-4d6c-b94d-3176c7650daf1Available OnlineAvailable Onlinefalsetruetruefalsefalsetrue
    overdrive:f534e2fb-3590-4d6c-b94d-3176c7650daf-1Available OnlineAvailable Onlinefalsetruetruefalsefalsefalse
    overdrive:f1e676c8-37ca-49d4-84df-45fc71adfed11Available OnlineAvailable Onlinefalsetruetruefalsefalsetrue
    overdrive:f1e676c8-37ca-49d4-84df-45fc71adfed1-1Available OnlineAvailable Onlinefalsetruetruefalsefalsefalse
    title_displayThe End of Wall Street
    title_fullThe End of Wall Street
    title_shortThe End of Wall Street
    topic_facetBusiness
    Finance
    Nonfiction