House of Cards: A Tale of Hubris and Wretched Excess on Wall Street

William D. Cohan

House of Cards: A Tale of Hubris and Wretched Excess on Wall Street
Format
Paperback
Publisher
Random House USA Inc
Country
United States
Published
9 February 2010
Pages
608
ISBN
9780767930895

House of Cards: A Tale of Hubris and Wretched Excess on Wall Street

William D. Cohan

A blistering narrative account of the negligence and greed that pushed all of Wall Street into chaos and the country into a financial crisis.

At the beginning of March 2008, the monetary fabric of Bear Stearns, one of the world’s oldest and largest investment banks, began unraveling. After ten days, the bank no longer existed, its assets sold under duress to rival JPMorgan Chase. The effects would be felt nationwide, as the country suddenly found itself in the grip of the worst financial mess since the Great Depression. William Cohan exposes the corporate arrogance, power struggles, and deadly combination of greed and inattention, which led to the collapse of not only Bear Stearns but the very foundations of Wall Street.

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