Summary:
The book provides an autobiographical account of the author's experiences as a bond salesman on Wall Street during the 1980s, highlighting the aggressive and often chaotic trading culture at Salomon Brothers, along with the broader excesses and moral dilemmas of the financial industry during that era. It delves into the complexities of mortgage bonds, junk bonds, and the speculative bubble that led to the infamous Black Monday market crash.
Key points:
1. Wall Street Culture: The book explores the greedy, excessive, and competitive culture of 1980s Wall Street, highlighting unethical trading tactics.
Books similar to "Liar's Poker ":
Straight to Hell
John LeFevre
Monkey Business
John Rolfe
Young Money
Kevin Roose
Boomerang
Michael Lewis
A Colossal Failure of Common Sense
Lawrence G. McDonald|Patrick Robinson
The Greatest Trade Ever
Gregory Zuckerman
The Buy Side
Turney Duff
The Caesars Palace Coup
Max Frumes
13 Bankers
Simon Johnson|James Kwak
Stewardship
John G. Taft|Charles D. Ellis