The End of Wall Street Audiobook (Free)

The roots of the mortgage bubble as well as the story from the Wall Street collapse-and the government’s unparalleled response-from our most trusted business journalist.THE FINISH of Wall Street is a blow-by-blow account of America’s biggest monetary collapse since the Great Depression. Sketching on 180 interviews, including sit-downs with top federal government officials and Wall Road CEOs, Lowenstein tells, with elegance, wit, and razor-sharp understanding, the full story of the end of Wall Road as we knew it..Read More about THE FINISH of Wall Street Displaying the qualities that made When Genius Failed a timeless basic of Wall Street-his sixth feeling for narrative dilemma and his unrivaled ability to tell complicated financial tales in ways that resonate with the normal reader-Roger Lowenstein weaves a economic, economic, and sociological thriller that indicts America for succumbing to the siren tune of easy debts and speculative mortgage loans.The End of Wall Road is rife with historical lessons and bursting with fast-paced action. Lowenstein presents his story with specifically etched, laserlike profiles of Angelo Mozilo, the Johnny Appleseed of subprime mortgages who spreads harmful loans across the scenery like outrageous crabapples, and techniques to a damning explication of how rating agencies helped present wrap faulty loans in the guise of triple-A paper and a takedown from the educational formulas that-once once again- demonstrated the ruin of investors and banking institutions. Lowenstein excels with some searing profiles of bank CEOs, such as the ferretlike Dick Fuld of Lehman as well as the bloodless Jamie Dimon of JP Morgan, and of government officials from your restless, deal-obsessed Hank Paulson as well as the overmatched Tim Geithner to the cerebral academic Ben Bernanke, who sought in order to avoid a repeat of the main one crisis he spent a lifetime wanting to understand-the Great Unhappiness.Finally, we come to understand the majesty of Lowenstein’s theme of liquidity and capital, which explains the origins of the crisis which positions the collapse of 2008 mainly because the greatest ever of Wall Street’s unlearned lessons. THE FINISH of Wall Road will be essential reading once we work to recognize the lessons of the marketplace failure and begin to rebuild.