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End of Wall Street, The
 
 
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End of Wall Street, The [Hardcover]

Roger Lowenstein
5.0 out of 5 stars  See all reviews (3 customer reviews)

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Product details

  • Hardcover: 288 pages
  • Publisher: PENGUIN USA (6 May 2010)
  • Language English
  • ISBN-10: 1594202397
  • ISBN-13: 978-1594202391
  • Product Dimensions: 24.2 x 16.5 x 3.1 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Bestsellers Rank: 190,402 in Books (See Top 100 in Books)

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Roger Lowenstein
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Product Description

Product Description

A blow-by-blow account of America's biggest financial collapse since the Great Depression - drawing on 180 interviews, including sit-downs with top government officials and Wall Street CEOs, Lowenstein tells, with grace, wit and razor-sharp understanding, the full story of the end of Wall Street as we know it. Lowenstein weaves a financial, economic and sociological threiller that indicts America for succumbing to the siren song of easy debt and speculative mortgages.

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Most Helpful Customer Reviews
10 of 10 people found the following review helpful
By DOPPLEGANGER TOP 500 REVIEWER
Format:Hardcover
It would be difficult to better this tale of the specific events leading up to and culminating in the near total collapse of the global monetary system. The narrative is precise, understandable and highly readable.

Mr Lowenstein, unlike many others, does not need to resort to long-winded and completely unnecessarily complicated 'spiv-academic-speak' prose that seeks to camouflage the simplistic underlying nature of the irresponsibility and greed that took a grip of the financial markets. He fully understands what has gone on, which brilliantly manifests itself in his articulate and masterful treatise.

Essential reading for just about anyone wondering what the devil has gone on in our financial markets but is worried about understanding the explanation. Also essential reading for all economists, bankers, investment managers, rating agencies, accountants, regulatory authorities and others who contributed knowingly or otherwise to the debacle, in order to reflect and hopefully repair their ways. Alas, I doubt it though!
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4 of 4 people found the following review helpful
Excellent 16 Jan 2011
By Curtis
Format:Hardcover
For some reasons that I ignore, there are very little reviews of this book on Amazon and so I thought "well another book on the crisis ...". But I had read "When genius failed" and highly rated it. So I gave it a try even if I had read a few books on the crisis by then. I was not disappointed and you won't be. Should you have to read only one then it should be this one. Well researched, unbiased and clearly written it gives a very good picture of what happened during the financial meltdown of 2008. Enjoy the ride.
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7 of 8 people found the following review helpful
By Rolf Dobelli TOP 500 REVIEWER
Format:Hardcover
How did mortgage loans to not-quite-prime borrowers evolve into the engine of doom for Wall Street? Journalist and best-selling author Roger Lowenstein uncovers the root causes and the culmination of the 2008 financial debacle. He explains how loans to formerly unattractive clients brought out the best in Wall Street innovation and the worst in Wall Street greed. His behind-the-scenes look at the people involved, their backgrounds and their decision making is a fascinating depiction of how the mortgage ball got rolling. Lowenstein's recounting of this now familiar story manages to excite like a novel, with pulse-pounding deadlines, superhero bureaucrats and evil villains (too many to count). He even opens his book with a lengthy "cast of characters." getAbstract recommends his saga for its you-are-there view of what really happened on Wall Street - and, particularly, what really happened during one fateful weekend in September 2008.
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