✓ The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System || ✓ PDF Read by ✓ Charles Gasparino
Sep 15, 2019 - 13:47 PM By Charles Gasparino

In the spirit of Barbarians at the Gate and Liar s Poker comes The Sellout, the definitive book on the recent collapse of Wall Street, one of the most dramatic and anxiety ridden era in national socioeconomic history In this powerful business narrative, Charles Gasparino, the author of Blood on the Floor and King of the Club, captures how avarice, arrogance, and sheer stuIn the spirit of Barbarians at the Gate and Liar s Poker comes The Sellout, the definitive book on the recent collapse of Wall Street, one of the most dramatic and anxiety ridden era in national socioeconomic history In this powerful business narrative, Charles Gasparino, the author of Blood on the Floor and King of the Club, captures how avarice, arrogance, and sheer stupidity eroded Wall Street s dominance, made many of our country s most fabled financial institutions vulnerable to significant new foreign control, and profoundly weakened the financial security of millions of poor and middle class American families.
  • Title: The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System
  • Author: Charles Gasparino
  • ISBN: 9780061697166
  • Page: 387
  • Format: Hardcover

Comments

Evan Dickens Sep 15, 2019 - 13:47 PM
For those who come to the book with a reasonable background of the framework of Wall Street, Charlie Gasparino's detailed account of the financial crisis of 2008 is one of the best books on the subject, made even more compelling with the background of the crises of the 80s and 90s as a framework for the common thread of the extraordinary greed that nearly wiped out the entire American economic system. The book is long, meaty, and not an easy read--at least until it gets to the blow-by-blow accou [...]
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James Sep 15, 2019 - 13:47 PM
I've probably read 80 or more books on various financial panics and scams. This is one of the best.The author covers 25 years of increasing gambling and greed on wall street, and how the players there, put there own personal profit above everything else. This hooligan got $10 Million a year, that one got $30 Million, others $50 MILLION DOLLARS IN A YEAR gambling other peoples money with an arrogant sense of entitlement. And how surprised they were when taxpayers weren't eager to bail them out. T [...]
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Chris Sep 15, 2019 - 13:47 PM
I'm about half way through this book. It's a gread read and really teaches about the roots of our current financial crisis and the players behind the scenes. From the bankers to politicians, Charlie Gasparino names the guys on the inside and teaches about the process as well. I've learned a lot about interest rates, credit default swaps and subprime loans.
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Dave Sep 15, 2019 - 13:47 PM
Great book; traces the arc of events from the 80's thru the recent sub-prime meltdown. Author does a great job knitting the story together. One minor complaint - some repeating of stories/context about personalities gets a bit annoying. Overall a really good book that makes me realize I have to invest smarter and protect myself more from the greed of an unchecked industry.
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Stephen P Sep 15, 2019 - 13:47 PM
An excellent review of the 2008 financial crisis. The author focuses primarily on the Wall Street / business actors in the crisis. To gain a broader perspective, I suggest reading Reckless Endangerment in addition to this book, which provides insights into the role of the regulators that contributed to the onset of the crisis.
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Bart Sep 15, 2019 - 13:47 PM
This book is good for its backwards glance at the crises that preceded the crisis of 09/18/08. Its originality lies in the coverage it gives to the players and ethics that began with the S&L crisis of 1988, continued with the LTCM disaster of 1998, and hit a crescendo of sorts in 2008.The Sellout's coverage of the events of 2007 and 2008 is thorough if a bit clipped and top heavy. In a hurry to get a book out in 2009, before America's short attention span might switch from financial apocalyp [...]
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Charles Blumberg Sep 15, 2019 - 13:47 PM
Great insight into excessive risk that Wall Street firms including Bear Stearns, Lehman Brothers, Merrill Lynch and AIG took, how clueless executive management and their boards were too the risks they were taking, and the behind the scenes discussions during the dark days of 2008 meltdown that led to bankruptcy, fire sale, and bailout by the gov't. Add this book in addition to Gretchen Morgenson's Reckless Endangerment for understanding of the financial meltdown.
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Laura Sep 15, 2019 - 13:47 PM
There are an awful lot of books out there about the financial crisis, and I've read far more than the average person. I made it, oh, about 10% of the way through this one before losing interest. It's just not clear that this provides a perspective on the topic I haven't already heard, and in more engaging form, somewhere else.
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Mark Palmieri Sep 15, 2019 - 13:47 PM
Fascinating. A great explanation about the financial/trading industry in America. It is amazing how much power these people possess and then lose and then possess and then lose and then are somehow allowed to possess againd then ruin the world economy. It's the perfect picture of history repeating itself- to its own demise.
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Linda Sep 15, 2019 - 13:47 PM
This is an excellent book on the financial crisis of 2008. Some of the financial jargon is hard to follow but it makes you wonder who is minding the store For those of us who rely on Wall Street to handle our investments, it is a necessary read. I'm still not sure I understand what happened but I hope someone does.
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Marus Jastrow Sep 15, 2019 - 13:47 PM
If you want to have a better understanding of what brought our economy down read this book. It's long and not an easy read but if you are interested in finance and like to read about greed and bad guys, this is the book for you. I really liked it and learned a tremendous amount. Sandy, I think Biff would like it though it would make him angry, so you might not want him to read it:-)
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Bap Sep 15, 2019 - 13:47 PM
A review in the WSJ relats how a citcorps trader when told of the collapse in the housing mkt replied "So what. What's the worst that can happen? We make $200 million and we get fired." This kleptocracy in the financial industry may make it necessary to nationalize this pernicious sector.
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Grace Sep 15, 2019 - 13:47 PM
Ego, money, greedOMG.A fast paced read from ex CNBC'er Charlie Gasparino (who has since gone to FOX .rf). Covers the beginnings of the meltdown in CLEVELAND, Ohio. CLEVELAND???? Get the book.
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Carl Mayo Sep 15, 2019 - 13:47 PM
Interesting subject matter, well presented, but should have been edited for simplicity and length. The Sellout could have been shorter and easier to read, while still conveying the same information.
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Christopher Lichtenberg Sep 15, 2019 - 13:47 PM
Good overview for the financial crisis. It goes beyond the "bush's fault" mentality.
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Al Sep 15, 2019 - 13:47 PM
He is an insider and his story sounds right. He gives a very interesting look into that world. It's enough to make you sick!
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Mike Hurley Sep 15, 2019 - 13:47 PM
Great read. Excellent job explaining what happened and why.
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Jeff Heath Sep 15, 2019 - 13:47 PM
One of the best explanations of the origins of the financial crisis!
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Mark Sep 15, 2019 - 13:47 PM
See our review at relaxedfitezine/mws
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Jim Clancy Sep 15, 2019 - 13:47 PM
A great overview of the personalities on Wall Street and their lack of understanding of the financial crisis they were creating.
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Daniel Moore Sep 15, 2019 - 13:47 PM
Mostly I think greed has ruined this country. And everybody is to blame.
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The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System By Charles Gasparino In the spirit of Barbarians at the Gate and Liar s Poker comes The Sellout, the definitive book on the recent collapse of Wall Street, one of the most dramatic and anxiety ridden era in national socioeconomic history In this powerful business narrative, Charles Gasparino, the author of Blood on the Floor and King of the Club, captures how avarice, arrogance, and sheer stuIn the spirit of Barbarians at the Gate and Liar s Poker comes The Sellout, the definitive book on the recent collapse of Wall Street, one of the most dramatic and anxiety ridden era in national socioeconomic history In this powerful business narrative, Charles Gasparino, the author of Blood on the Floor and King of the Club, captures how avarice, arrogance, and sheer stupidity eroded Wall Street s dominance, made many of our country s most fabled financial institutions vulnerable to significant new foreign control, and profoundly weakened the financial security of millions of poor and middle class American families.

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  • ✓ The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System || ✓ PDF Read by ✓ Charles Gasparino
    387 Charles Gasparino
  • thumbnail Title: ✓ The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System || ✓ PDF Read by ✓ Charles Gasparino
    Posted by:Charles Gasparino
    Published :2019-06-17T13:47:19+00:00