House of Cards (Hardcover) ~ William D. Cohan (Author) Cover Art

House of Cards (Hardcover)

By: William D. Cohan (Author)


List Price: $27.95
Tower Price: $21.43
You Save: $6.52 (24%)
Add to BagAdd to Bag Click to go directly to the checkout.
This item qualifies for FREE Shop N' Save Shipping for orders over $25. Check individual shipping price. *Some Restrictions Apply.
Availability: In Stock
Share This:
Add To KaboodleAdd To Kaboodle  Submit To Digg!Submit To Digg!  Share On FacebookShare On Facebook  Add to FavoritesAdd to Favorites  TwitterTwitter 

Product Description



Run a Quick Search on "House of Cards" by William D. Cohan to Browse Related Products:

Browse more products related to "House of Cards"

Browse more products related to "William D. Cohan"


Review

"Cohan's epic account chronicles a watershed moment in Wall Street history, when a dysfunctional bank collapsed and helped to trigger our dysfunctional economy."

"Cohan does a brilliant job of sketching in the eccentric, vulgar, greedy, profane and coarse individuals who ignored all these warnings to their own profit and the ruin of so many others....[H]e deploys not only his hands-on experience of this exotic corner of the financial industry but also a remarkable gift for plain-spoken explanation."

"[Y]ou should personally dog-ear a copy of William D. Cohan's HOUSE OF CARDS, so far the definitive work on....[the] March 2008 implosion of Bear Stearns....It's a page-turner...offering both a seemingly comprehensive understanding of the business and wide access to insiders."

"As William D. Cohan makes clear in his engrossing new book, HOUSE OF CARDS, Bear Stearns is also a kind of microcosm of what went wrong on Wall Street--from bad business decisions to a lack of oversight to greedy, arrogant C.E.O.'s-- and a parable about how the second Gilded Age came slamming to a fast and furious end."

"Meeting the characters in HOUSE OF CARDS, it's not easy to conceive of people less deserving of federal assistance.....Taxpayers reading this fascinating tale may wonder whether the fallout from the government's intervention can be contained and, if so, at what cost."

Publisher's note

In March 2008, Bear Stearns, a swashbuckling eighty-four-year-old financial institution, was forced to sell itself to JPMorgan Chase for an outrageously low price in a deal brokered by Treasury Secretary Henry Paulson, who was desperately trying to prevent the impending catastrophic market crash. But mere months before, an industry-wide boom had "the Bear" clocking a record high stock price. How did a giant investment bank with $18 billion in cash on-hand disappear in a mere ten days? In this unputdownable narrative tour de force, Cohan provides a minute-by-minute account of the events that brought America's second Gilded Age to an end.
Filled with intimate portraits of the major players, high-end gossip and smart financial analysis, "House of Cards" recounts, in delicious narrative form, the dramatic events behind the fall of Bear Stearns, and what it revealed about the financial world's progression from irrational boom to cataclysmic bust. "House of Cards "is the Rosetta Stone for understanding the dramatic and the unprecedented events that have reshaped Wall Street and global finance in the past two years.

Annotation

Perhaps the only thing more remarkable than the astonishing meltdown of the financial goliath Bear-Stearns in March of 2008 is that there is someone among us who seems to understand precisely how it all happened. That person is William D. Cohan, and he shares his knowledge in this incisive narrative of that economic cataclysm. Cohan's report clearly shows that there were signs of a demise before the first domino dropped, signs that were recognized and identified by scattered financial analysts around the globe, whose warnings were collectively ignored. As the financial foundation of the firm began to disintegrate, the CEO's struggled to maintain their cool façade, as underlings scrambled to contain and conceal the damage. By the time word spread to Washington, billions of dollars had literally evaporated into the ether--or had they? Cohan's concise explanation details every minute of the ten-day disaster, clarifying where the money went, who is to blame, and how the nation can begin to recover.



Customer Reviews for "House of Cards (Hardcover)" by William D. Cohan (Author)

There are no customer reviews yet. Be the first to write a review!

Submit your Review




Explore More Great Tower Sales & Specials



Tower.com BOOK Sales, Promotions & Special Features

Tower.com Popular Book Wiki Articles

  • The Paperback
    Learn more information on the paperback format before choosing which type of book to purchase.
  • The E-Book
    What exactly is an "electronic book?" Learn before you buy with Tower Wiki!
  • The Audio Book
    Do you prefer to read or be read to? Learn more about this increasingly popular book format.

Interact with Tower.com