Panic!: The Story of Modern Financial Insanity
| Author | : | |
| Rating | : | 4.38 (883 Votes) |
| Asin | : | B001O4FF10 |
| Format Type | : | |
| Number of Pages | : | 414 Pages |
| Publish Date | : | 2013-01-29 |
| Language | : | English |
DESCRIPTION:
"Really interesting compilation of essays on financial crises since 1987" according to Abacus. The book contains 56 different essays and articles on the main financial crises since 1987. Some of those pieces are just a couple of pages long; others are up to nearly 20 pages. They come from numerous well established sources such as Bloomberg, Businessweek, Forbes, Fortune, New York Times, New Yorker, The Economist, Wall Street Journal, and Washington Post among others. Some are extracts of books. Michael Lewis has written only a few of those 56 pieces.The quality of those articles vary somewhat. For the most part they are very good. Very . At Times an Interesting Read Like countless others who have reviewed Michael Lewis' "Panic: The Story of Modern Financial Insanity", I didn't realize I was buying a collection of works of other authors in addition to Lewis' previously published pieces. However, it was interesting to get a glimpse into different financial eras to see how things have progressed over the past twenty years. Of the four sections, the Dot.Com was my favorite due to Lewis' defense of the entrepreneurial spirit within the Dot.com firms and criticism of Wall Street's post-crash, hypocritical stanc. R. Azpurua said Is a compilation of financial articles already published. Even though the book author is Michael Lewis, in reality he is the compiler of the information, because of this not all the articles are as interesting. I have to say the book is a compilation of published books, newspapers, magazines and interviews. The way it is organize, is by market crashes, starting with the crash of 1987 and ending with the subprime crash. Because of this organization the book is fairly easy to read, it is divided in months before the crash, during the crash and days after, giving the reader a chance to experience the ar
In this New York Times bestseller, Michael Lewis is our jungle guide through five of the most violent and costly upheavals in recent financial history. The New York Times bestseller: A masterful account of today’s money culture, showing how the underpricing of risk leads to catastrophe.When it comes to markets, the first deadly sin is greed. With his trademark humor and brilliant anecdotes, Lewis paints the mood and market factors leading up to each event, weaves contemporary accounts to show what people thought was happening at the time, and, with the luxury of hindsight, analyzes what actually happened and what we should have learned from experience.
Lewis is content to rehash the past with (undeniably compelling) previously published analysis by the likes of economists Joseph Stieglitz and Paul Krugman and Wall Street Journal reporters Gregory Zuckerman and Roger Lowenstein. The author wisely includes excerpts from his books and articles, including an account of his time as a trader at Salomon Brothers in the midst of the junk bond crash of 1987 and his observations on the Internet boom and bust. (Jan.)Copyright © Reed Business Information, a division of Reed Elsevier Inc. . From Publishers Weekly Lewis (Liars Poker) takes readers on a spin through notable recent financial catastrophes including the stock markets 1987 crash, the Russian default and related failure of hedge fund Long-Term Capital Management, the Asian currency crisis, the Internet bust and the recent subprime debacle. While the collecti