The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System

by Gasparino, Charles

• ISBN13: 9780061697173
• ISBN10: 0061697176
• Edition: Reprint
• Format: Paperback
• Copyright: 2010-10-19
• Publisher: Harpercollins

Summary

Critically acclaimed investigative reporter Gasparino chronicles one of the most dramatic and anxiety-ridden eras in the nation's socio-economic history: the collapse of Wall Street's legendary firms.

Author Biography

Charles Gasparino is a senior correspondent for Fox Business Network, a columnist for the Daily Beast and the New York Post, and a freelance writer for Forbes and other publications. Previously, he was the on-air editor for CNBC and wrote for Newsweek and the Wall Street Journal. He is the author of Blood on the Street, which was listed by Barron's as one of the Best Business Books of 2005, and King of the Club, which Library Journal named one of the Best Business Books of 2007.

Table of Contents

Key People	p. xiii
Key Firms	p. xix
Prologue	p. 1
Let's Make Money
Fun and Games	p. 9
Power and Perks	p. 38
Sex, Drugs, and Debt	p. 53
An Education in Risk	p. 65
Merchants of Debt
Bigger Is Better	p. 87
Financial Renaissance	p. 103
Paying the Price	p. 120
One Big Happy Family	p. 130
Opening the Floodgates	p. 151
No More Mother Merrill	p. 164
The Money Machine	p. 181
Perverse Incentives	p. 196
Top of the World	p. 206
Cash Stops Flowing	p. 226
What's the Worst that Could Happen?
No Clue	p. 245
The Dancing Stops	p. 289
The End Begins	p. 330
"There Are Rumors That You Guys Are in Trouble"	p. 392
Free Fall	p. 411
The Rescue	p. 441
Bailout Nation	p. 463
Epilogue	p. 479
Afterword	p. 501
Glossary	p. 505
Acknowledgments	p. 511
Notes	p. 513
Index	p. 535
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