A Colossal Failure of Common Sense: The Inside Story of the Collapse of Lehman Brothers
Lawrence G. McDonald - 2009
What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives us the straight answers—right from the belly of the beast.In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals, the culture and unspoken rules of the game like no book has ever done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters of Lehman Brothers, home of one of the world’s toughest trading floors. We get a close-up view of the participants in the Lehman collapse, especially those who saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’s oldest investment bank. The Wall Street we encounter here is a ruthless place, where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other human traits combine in a potent mix that sometimes fuels prosperity but occasionally destroys it. The full significance of the dissolution of Lehman Brothers remains to be measured. But this much is certain: it was a devastating blow to America’s—and the world’s—financial system. And it need not have happened. This is the story of why it did.
A Year in the Merde
Stephen Clarke - 2004
Based on Stephen Clarke's own experiences and with names changed to "avoid embarrassment, possible legal action, and to prevent the author's legs being broken by someone in a Yves Saint Laurent suit," A Year in the Merde provides perfect entertainment for Francophiles and Francophobes alike.
SeinLanguage
Jerry Seinfeld - 1993
For more than 33 million viewers, the Emmy Award-winning television show has become a Thursday night ritual. Even though the show has ended, Jerry Seinfeld's distinct brand of humor can still be yours.In his #1 New York Times bestselling book, SeinLanguage, Jerry Seinfeld has captured on the page his views on topics ranging from Raisinettes to relationships, from childhood to cop shows, and from parents to power suits. This must-have book for all fans--and who isn't a fan?--remains available in both paperback and hardcover.
After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead
Alan S. Blinder - 2013
financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen here again.
Age and Guile Beat Youth, Innocence, and a Bad Haircut
P.J. O'Rourke - 1995
J. O'Rourke, was at one time a raving pinko, with scars on his formerly bleeding heart to prove it. In Age and Guile Beat Youth, Innocence, and a Bad Haircut, O'Rourke chronicles the remarkable trajectory that took him from the lighthearted fun of the revolutionary barricades to the serious business of the nineteenth hole. How did the O'Rourke of 1970, who summarized the world of "grown-ups" as "materialism, sexual hang-ups, the Republican party, uncomfortable clothes, engagement rings, car accidents, Pat Boone, competition, patriotism, cheating, lying, ranch houses, and TV" come to be in favor of all of those things? What causes a beatnik-hippie type, comfortable sleeping on dirty mattresses in pot-addled communes - as P. J. did when he was a writer for assorted "underground" papers-to metamorphosize into a right-wing middle-aged grouch? Here, P. J. shows how his Socialist idealism and avant-garde aesthetic tendencies were cured and how he acquired a healthy and commendable interest in national defense, the balanced budget, Porsches, and Cohiba cigars. P. J. O'Rourke's message is that there's hope for all those suffering from acute Bohemianism, or as he puts it, "Pull your pants up, turn your hat around, and get a job." "From the fictionalized accounts of his career as a hard-drinking hippie to the Benchley-in-the-age-of-macho lampoon of fly fishing, Mr. O'Rourke shows an incorrigible comic gift and an eye for detail that keeps the wild stuff grounded." - The New York Times Book Review
The Essays of Warren Buffett: Lessons for Corporate America
Warren Buffett - 1998
The letters distill in plain words all the basic principles of sound business practices. They are arranged and introduced by a leading apostle of the "value" school and noted author, Lawrence Cunningham. Here in one place are the priceless pearls of business and investment wisdom, woven into a delightful narrative on the major topics concerning both managers and investors. These timeless lessons are ever-more important in the current environment.
Deciding the Next Decider: The 2008 Presidential Race in Rhyme
Calvin Trillin - 2008
And it carries through to the vote that made Barack Obama the forty-fourth president of the United States.
The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment
Guy Spier - 2014
In this fascinating inside story, Guy Spier details his career from Harvard MBA to hedge fund manager. But the path was not so straightforward. Spier reveals his transformation from a Gordon Gekko wannabe, driven by greed, to a sophisticated investor who enjoys success without selling his soul to the highest bidder. Spier's journey is similar to the thousands that flock to Wall Street every year with their shiny new diplomas, aiming to be King of Wall Street. Yet what Guy realized just in the nick of time was that the King really lived 1,500 miles away in Omaha, Nebraska. Spier determinedly set out to create a new career in his own way. Along the way he learned some powerful lessons which include: why the right mentors and partners are critical to long term success on Wall Street; why a topnotch education can sometimes get in the way of your success; that real learning doesn't begin until you are on your own; and how the best lessons from Warren Buffett have less to do with investing and more to do with being true to yourself. Spier also reveals some of his own winning investment strategies, detailing deals that were winners but also what he learned from deals that went south. Part memoir, part Wall Street advice, and part how-to, Guy Spier takes readers on a ride through Wall Street but more importantly provides those that want to take a different path with the insight, guidance, and inspiration they need to carve out their own definition of success.
Business Adventures
John Brooks - 1969
What do the $350 million Ford Motor Company disaster known as the Edsel, the fast and incredible rise of Xerox, and the unbelievable scandals at General Electric and Texas Gulf Sulphur have in common? Each is an example of how an iconic company was defined by a particular moment of fame or notoriety. These notable and fascinating accounts are as relevant today to understanding the intricacies of corporate life as they were when the events happened.Stories about Wall Street are infused with drama and adventure and reveal the machinations and volatile nature of the world of finance. John Brooks’s insightful reportage is so full of personality and critical detail that whether he is looking at the astounding market crash of 1962, the collapse of a well-known brokerage firm, or the bold attempt by American bankers to save the British pound, one gets the sense that history really does repeat itself.
Pure Drivel
Steve Martin - 1998
Pure Drivel is a collection of pieces, most of them written for the New Yorker, that demonstrate Martin's playful way with words and his unerring ability to create a feeling of serendipitous improvisation even on the printed page. Here's a passage from a piece that announces a shortage of periods in the Times Roman font: "Most vulnerable are writers who work in short, choppy sentences," said a spokesperson for Times Roman, who continued, "We are trying to remedy the situation and have suggested alternatives, like umlauts, since we have plenty of umlauts--and, in fact, have more umlauts than we could possibly use in a lifetime! Don't forget, umlauts can really spice up a page with their delicate symmetry--resting often midway in a word, letters spilling on either side--and not only indicate the pronunciation of a word but also contribute to a writer's greater glory because they're fancy, not to mention that they even look like periods, indeed, are indistinguishable from periods, and will lead casual readers to believe that the article actually contains periods!" Although some of these pieces flirted with topicality when they first appeared, Martin is most successful when he leaves the real world behind and gives his wit free rein. This collection preserves the best (so far) of his glorious improvisations. --Simon Leake
How to Talk Dirty and Influence People
Lenny Bruce - 1965
This book and soon-to-be-released private tapes are sure to bring the extent of Bruce's influence into sharp focus. Photo insert.
When You Are Engulfed in Flames
David Sedaris - 2008
Two straight-A students head off to school, and when only one of them returns home Chesney Yelverton is coaxed from retirement and assigned to what proves to be the most difficult and deadly - case of his career. From the shining notorious East Side, When You Are Engulfed in Flames confirms once again that David Sedaris is a master of mystery and suspense.Or how about...when set on fire, most of us either fumble for our wallets or waste valuable time feeling sorry for ourselves. David Sedaris has studied this phenomenon, and his resulting insights may very well save your life. Author of the national bestsellers Should You Be Attacked By Snakes and If You Are Surrounded by Mean Ghosts, David Sedaris, with When You Are Engulfed in Flames, is clearly at the top of his game.Oh, all right...David Sedaris has written yet another book of essays (his sixth). Subjects include a parasitic worm that once lived in his mother-in-law's leg, an encounter with a dingo, and the recreational use of an external catheter. Also recounted is the buying of a human skeleton and the author's attempt to quit smoking In Tokyo.Master of nothing, at the dead center of his game, Sedaris proves that when you play with matches, you sometimes light the whole pack on fire.(front flap)
A Slip of the Keyboard: Collected Non-Fiction
Terry Pratchett - 2014
A Slip of the Keyboard brings together for the first time the finest examples of Pratchett's non fiction writing, both serious and surreal: from musings on mushrooms to what it means to be a writer (and why banana daiquiris are so important); from memories of Granny Pratchett to speculation about Gandalf's love life, and passionate defences of the causes dear to him.With all the humour and humanity that have made his novels so enduringly popular, this collection brings Pratchett out from behind the scenes of the Discworld to speak for himself - man and boy, bibliophile and computer geek, champion of hats, orang-utans and Dignity in Dying.
I Heart My Little A-Holes
Karen Alpert - 2013
because he wants to watch Caillou, he’s an a-hole. When your daughter outlines every corner of your living room with a purple crayon, she’s an a-hole. When your rug rats purposely decorate the kitchen ceiling with their smoothies, they’re a-holes. So it’s only natural to want to kill them sometimes. Of course you can’t because you’d go to prison, and then you’d really never get to poop alone again. Plus, there’s that whole loving them more than anything in the whole world thing. Karen Alpert is the writer of the popular blog Baby Sideburns. You may have seen some of her more viral posts like “Ten Things I Really F’ing Want for Mother’s Day,” “Daddy Sticker Chart” and “What NOT to F’ing Buy My Kids this Holiday.” Or you may know her from her Facebook page that has over 130,000 followers. I Heart My Little A-Holes is full of hilarious stories, lists, thoughts and pictures that will make you laugh so hard you’ll wish you were wearing a diaper.
10 1/2 lessons from Experience: Perspectives on Fund Management
Paul Marshall - 2020