Product Description
The classic warts-and-all portrait of the 1980s financial scene.
The 1980s was the most outrageous and turbulent era in the financial market since the crash of '29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Salomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled the decade.The Money Culture Reviews
13 of 14 people found the following review helpful: A Mediocre Anthology, By This review is from: The Money Culture (Paperback) This collection of previously published articles is at times very funny, insightful, and a good primer on several financial issues that dominated the 1980's, but it can also be repetitive (many of the articles repeat jokes, anecdotes, and some even seem to be slightly altered version of previous articles)and is quite dated since the articles detail financial events and characters of the mid to late 1980's. I learned a fair amount about the savings and loan scandals, leveraged buy outs, and the Japanese economic miracle and collapse, and also enjoyed some amusing tales of financial excess, but I had to read through a lot of less than interesting pages to find those treasures. I would not recommend someone buy this book, but if you can find it in the library, it is certainly worth flipping through it. 21 of 25 people found the following review helpful: Good, entertaining reading about finance issues in the 80's, By This review is from: The Money Culture (Paperback) This is a collection of essays previously published in newspapers and magazines around the nation where some 10 years ago we could witness Lewis' early literary attempts. The book was consistently funny, insightful, and a good primer on several financial issues that dominated the 1980's. Most of these articles, for those interested in the authors' chronological history, came after he wrote his groundbreaking financial humor book entitled Liars Poker, which is regarded as a "must read" for anyone entering into the investment banking industry, particularly in bond trading where we he worked.Mr. Lewis' writing style is great, which is why I read his book entitled Next, another good read if you are interested. Most of the topics in this book cover financial/business culture issues that date back during the late eighties, so there's also a bit of historical perspective to it. The topics are a wide array and include stories about the domestic S&L scandal, some events that... Read more 5 of 5 people found the following review helpful: Not Lewis's Best Work, By Amazon Verified Purchase This review is from: The Money Culture (Paperback) Michael Lewis wrote one of the great popular books about Wall Street, Liar's Poker: Rising Through the Wreckage on Wall Street. It is a classic of what life was like on Wall Street during the time when mortgage backed securities, something we're hearing a lot about currently, was just getting off the ground. He also wrote the bestseller Moneyball: The Art of Winning an Unfair Game, which is a great baseball book. This collection of pieces written right before and after Liar's Poker is all right, but it is not his best work. I have a high tolerance for bad writing if I am interested in the subject manner, but even I had trouble getting through some of the early pieces in here... Read more |
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