- Paperback: 240 pages
- Publisher: Mariner Books; Reprint edition (June 17, 2004)
- Language: English
- ISBN-10: 0618197273
- ISBN-13: 978-0618197279
- Product Dimensions: 5.5 x 0.6 x 8.2 inches
- Shipping Weight: 8.5 ounces (View shipping rates and policies)
- Average Customer Review: 15 customer reviews
- Amazon Best Sellers Rank: #192,139 in Books (See Top 100 in Books)
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Funny Money Paperback – June 17, 2004
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Top customer reviews
I'm sort of surprised that this hasn't been turned into a movie yet. It would be able to hold it's own against, "Wall Street."
So for all you MBA's who think you know how the world of business works, here's a primer on what they didn't teach you at business school. And it all starts with that basic premise, "it's not what you know, but who you know."
If you have read this far, just buy the book.
I don't know how he did it. It's uncanny. But this was an entertaining documentary. You wind up feeling that a bit more depth would help you understand, but in 2012 I can just google for such information (to be clear, this is about a situation from the mid 1980s that is only more relevant today than ever). In the 1980s, Penn backed an enormous volume of loans, much to energy exploration. The bank failed, and the taxpayer was left holding the bag. It couldn't be more relevant to today's financial issues.
You learn about the man behind the loans, the bank exec for a parent institution, and a major borrower, and their story unfolds. This is not an attack book, and it doesn't have to be to make you frustrated with how little we learned.
If you want a textbook on financial issues or the energy industry, this is not for you. This isn't a textbook... this is a storyteller presenting a relevant situation.
Entertainment with depth.