Crash of the Titans

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[THE] FINANCIAL CRISIS'S flfNSWER TO GA^CIfANGE;
—businesWeek wk """

"What do you want?" Ken Lewis asked Stan O'Neal. "You need to think about what you want to make this happen." What did Stan O'Neal want?That was easy. He wanted the
one thing Lewis could never give him. He wanted a mulligan, a do-over____He had
screwed everything up. All O'Neal wanted was for someone to turn the clock back and give him another chance., ^
John Thain was puzzled____Ken Lewis surrounded himself with drinking buddies. It
was as though the Beverly Hillbillies had taken over the largest bank in the country, and Elly May Clampett and Jethro Bodine were on the management team. ^
Part financial thriller, part Shakespearean saga, Crash of the Titans draws from unparalleled sources at both Merrill Lynch and Bank of America and deftly weaves together the stories of three flawed masters of the universe-Ken Lewis, Stan O'Neal, and John Thain-following them as they scramble to save themselves and their... Tovább

Fülszöveg

[THE] FINANCIAL CRISIS'S flfNSWER TO GA^CIfANGE;
—businesWeek wk """

"What do you want?" Ken Lewis asked Stan O'Neal. "You need to think about what you want to make this happen." What did Stan O'Neal want?That was easy. He wanted the
one thing Lewis could never give him. He wanted a mulligan, a do-over____He had
screwed everything up. All O'Neal wanted was for someone to turn the clock back and give him another chance., ^
John Thain was puzzled____Ken Lewis surrounded himself with drinking buddies. It
was as though the Beverly Hillbillies had taken over the largest bank in the country, and Elly May Clampett and Jethro Bodine were on the management team. ^
Part financial thriller, part Shakespearean saga, Crash of the Titans draws from unparalleled sources at both Merrill Lynch and Bank of America and deftly weaves together the stories of three flawed masters of the universe-Ken Lewis, Stan O'Neal, and John Thain-following them as they scramble to save themselves and their firms from ruin at the height of the Wall Street disaster. ft
"An exhaustive reconstruction of how Merrill Lynch & Co. sealed its own fate by becoming more bullish on bonuses than on America." -BLOOMBERG
"Immaculately reported . Farrell has found one of the biggest untold stories of the [financial crisis] drama." -FINANCIAL TIMES
"Farrell tells a story based on hundreds of hours of Interviews that builds like a hurricane."-FORBES.COM
GREG FARRELL is a reporter for Bloomberg News. As a reporter for the Financial Times, he broke the news that Merrill Lynch had paid out its 2008 bonuses a month ahead of schedule, despite losing $28 billion for the year. He is a winner of the American Business Press's Jesse Neal Award for investigative reporting and a recipient of the Knight-Bagehot Fellowship for business journalism. Vissza