- Tämä aihe sisältää 0 vastaukset, 1 ääni, ja päivitettiin viimeksi 1 vuosi, 5 kuukautta sitten Sarah Howard toimesta.
14.12.2020, 8.12 #22574Sarah HowardVieras
Crash of the Titans
Greed, Hubris, the Fall of Merrill Lynch, and the Near-Collapse of Bank of America
by Greg Farrell
- Genres: business, finance, economics, history, banks, banking, politics
- Release date: November 2, 2010
- Author: Greg Farrell
- ISBN: 9780307717863 (0307717860)
- Publisher: Crown Business
- Format: hardcover, 471 pages
- Language: english
About The Book
The intimate, fly-on-the wall tale of the decline and fall of an America icon With one notable exception, the firms that make up what we know as Wall Street have always been part of an inbred, insular culture that most people only vaguely understand. The exception was Merrill Lynch, a firm that revolutionized the stock market by bringing Wall Street to Main Street, setting up offices in far-flung cities and towns long ignored by the giants of finance. With its “thundering herd” of financial advisers, perhaps no other business, whether in financial services or elsewhere, so epitomized the American spirit. Merrill Lynch was not only “bullish on America,” it was a big reason why so many average Americans were able to grow wealthy by investing in the stock market. Merrill Lynch was an icon. Its sudden decline, collapse, and sale to Bank of America was a shock. How did it happen? Why did it happen? And what does this story of greed, hubris, and incompetence tell us about the culture of Wall Street that continues to this day even though it came close to destroying the American economy? A culture in which the CEO of a firm losing $28 billion pushes hard to be paid a $25 million bonus. A culture in which two Merrill Lynch executives are guaranteed bonuses of $30 million and $40 million for four months’ work, even while the firm is struggling to reduce its losses by firing thousands of employees. Based on unparalleled sources at both Merrill Lynch and Bank of America, Greg Farrell’s Crash of the Titans is a Shakespearean saga of three flawed masters of the universe. E. Stanley O’Neal, whose inspiring rise from the segregated South to the corner office of Merrill Lynch — where he engineered a successful turnaround — was undone by his belief that a smooth-talking salesman could handle one of the most difficult jobs on Wall Street. Because he enjoyed O’Neal’s support, this executive was allowed to build
FictionBook Crash of the Titans by Greg Farrell read for reader. Hardcover book Crash of the Titans on Booktopia. TXT ebook Crash of the Titans Greg Farrell download.
EPUB book Crash of the Titans buy on PC on Amazon. Paperback ebook Crash of the Titans read online PocketBook. PDF Crash of the Titans Greg Farrell on Kobo.