What Goes Up: The Uncensored History of Modern Wall Street as Told by the Bankers, Brokers, CEOs, and Scoundrels Who Made It Happen

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Little, Brown, 15.10.2007 - 544 Seiten
The ups and downs, the schemes and scams, the IPOs and hostile takeovers, the egos, the brilliance, the greed and the glory-this is the story of Wall Street, told by the men and women who made it happen. Once upon a time, Wall Street was just a footpath near the southern tip of Manhattan Island.

Today it is the center of the financial world, the pivot point on which economies turn, companies rise and fall, and daring men and women go from rags to unbelievable riches, and sometimes back again. Along the way, Wall Street also has transformed itself and society, growing from an exclusive gentlemen's club to the place that millions of people now trust with their financial futures. Never has it been more important to understand how modern Wall Street truly works. And never before has the story of modern Wall Street been told by those who were there, personally, in their own words, uncensored, unfiltered, unbound. Now, in What Goes Up, acclaimed financial journalist Eric J. Weiner gives us the unvarnished, first-person truth in a riveting story based on hundreds of interviews with Wall Street insiders that captures the booms and busts of the past half century in America's financial capital in gripping detail. From Warren Buffett to Michael Milken, Sandy Weill to Henry Kravis, Peter Lynch to Alan Greenspan, from the birth of the mutual fund to the Internet bubble, from trading scandals to global meltdowns, from the rise of tycoons to the fall of giants.

What Goes Up is a remarkable weaving together of larger-than-life characters and insider accounts. Eric J. Weiner has spoken to just about everybody-from CEOs to the barber in the basement of the stock exchange. For anyone who wants to understand how Wall Street became what it is, who wants to know how the biggest deals really happened, who wishes they had been a fly on the wall when it all went down, this is the book.
 

Inhalt

Prologue
3
PART
9
Good Time Charlie
11
White Shoes
26
Our Crowd
37
Intrinsic Value
53
Blackballed
71
GoGo Boys
87
A License to Print Money
212
Culture Clash
246
Dawn of a Bull Market
264
The Technology Age
339
Digital Babylon
346
A Riskless Transaction
358
The Empire
382
Market Messengers
392

Power to the People
108
Corned Beef with Lettuce
126
The Paper Crunch
140
Kismet Funds
149
Mayday
160
Magellan Finds Its Navigator
170
The Thundering Herd
175
Bubble Bath
406
Must Come Down
439
EPILOGUE
463
Acknowledgments
483
Bibliography
491
Urheberrecht

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Beliebte Passagen

Seite 12 - The advice we have given important corporations can be followed to advantage by all classes of investors. We do not urge that you sell securities indiscriminately but we do advise in no uncertain terms that you take advantage of present high prices and put your financial house in order.
Seite 20 - What Everybody Ought to Know About This Stock and Bond Business.

Autoren-Profil (2007)

Eric J. Weiner is a financial journalist and former Wall Street reporter for Dow Jones Newswires. His stories have appeared in countless publications, from the Wall Street Journal to the Village Voice. He lives in Great Barrington, MA., with his wife, Paige.

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