1 of 1 people found the following review helpful
on 13 March 2009
I think this book is a good read if you are in finance, because it gives you an insight to how it really is on "The Street". Bear Stearns have always been the sharp-elbowed, go-getters, who didn't care. Jimmy Cayne snubbed the Fed when LTCM were in trouble, and refused to pay up. This was pay back time, and Bamber described it well. I did learn a couple of things that most people, even Bear insiders didn't know, like how JP was to be liable for Bear's trade positions for a year even if the acquisition didn't go through, and I think u really needed to be in the show to know. I also have friends who worked there, and the "it's over" limbo status that they went through in March and after that, is very true. Bamber is a bit corny sometimes, and his surfer/native analogy is a bit too American melodrama, but overall if you want to get ur head round what happened, its good for general knowledge. If you are an Executive VP at MS or Hank Paulson's aide, you probably know better than Bamber does, but, if you're warming up the ladder, then its not bad.
0 of 1 people found the following review helpful
on 13 November 2008
I was at bear when the whole thing happened. So far I haven't met anyone who knows "Bill Bamber" even though he really appears to have been at bear. Regarding the book... I didn't find any interesting information in it. I regret buying it... I'm a Seller... any buyers???