Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
To get the free app, enter your mobile phone number.
Other Sellers on Amazon
+ $3.99 shipping
+ $5.24 shipping
Liar's Poker: Rising Through the Wreckage on Wall Street Hardcover – October 17, 1989
|New from||Used from|
Frequently bought together
Customers who bought this item also bought
From Library Journal
As described by Lewis, liar's poker is a game played in idle moments by workers on Wall Street, the objective of which is to reward trickery and deceit. With this as a metaphor, Lewis describes his four years with the Wall Street firm Salomon Brothers, from his bizarre hiring through the training program to his years as a successful bond trader. Lewis illustrates how economic decisions made at the national level changed securities markets and made bonds the most lucrative game on the Street. His description of the firm's personalities and of the events from 1984 through the crash of October 1987 are vivid and memorable. Readers of Tom Wolfe's The Bonfire of the Vanities ( LJ 11/15/87) are likely to enjoy this personal memoir. BOMC and Fortune Book Club selection.
- Joseph Barth, U.S. Military Acad . Lib., West Point, N.Y.
Copyright 1989 Reed Business Information, Inc.
“Vivid and memorable.”
- Library Journal
“Lewis has a gift for the rapid portrait. Unless you find his flippant one-liners irritating, it is a pleasure to be guided around the jungle of bond markets by his reminiscences and trenchant asides. . . . Apart from the belly-laughs, one of the triumphs of Liar's Poker is that it makes the financial complexities of investment banking and the markets accessible to the layman. . . . Everything from yields to selling short is painlessly clarified in the course of the narrative.”
- Victor Mallet, London Review of Books
“Lewis takes the reader through his schoolboy's progress as trainee and geek in the trading room, to high-powered swashbuckler. The author has a puckish appreciation for the comic. Yet he also has the knack of explaining precisely how complex deals really work. He provides the most readable explanation I've seen anywhere of the origin within Salomon Brothers of the mortgage-backed securities market....It is good history, and a good story.”
- National Review
Top customer reviews
I worked for a major investment firm for 31 years and have seen many of the situations he writes about. The shenanigans he describes in his training class brought back fond memories of some great people and the stupid but entertaining things we did. Put a bunch of over-achievers in a room together for thirty days and strange things happen. Sadly about 80% of each class's trainees are gone (for various reasons) within three years. The job is not for everyone.
This is an entertaining and well-written book that is humorous and cynical at the same time. It may be a bit stuffy for readers not familiar with the esoteric products developed and offered on Wall Street, but Mr. Lewis takes the time to explain most of the concepts simply and completely. It is more of a biography and character study than some of his subsequent works, but interesting all the same.