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Michael Lewis

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The Money Culture Kindle Edition

by Michael Lewis (Author) Format: Kindle Edition

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The classic warts-and-all portrait of the 1980s financial scene.

The 1980s was the most outrageous and turbulent era in the financial market since the crash of '29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Salomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled the decade.

Print length

306 pages
Language

English
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Publisher

W. W. Norton & Company
Publication date

February 14, 2011
File size

504 KB
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Editorial Reviews

Review

One of our most entertaining writers. . . . The Money Culture rivals Liar's Poker in giggle-inspiring quality.

About the Author

Michael Lewis is the best-selling author of Liar’s Poker, Moneyball, The Blind Side, The Big Short, The Undoing Project, and The Fifth Risk. He lives in Berkeley, California, with his wife and three children. --This text refers to the paperback edition.

From Publishers Weekly

Essays on the money-mad '80s from the author of the bestselling Liar's Poker .
Copyright 1992 Reed Business Information, Inc.

From Kirkus Reviews

With this collection of 30-odd pieces (all previously published in a half-dozen magazine and newspapers), Lewis (Liar's Poker, 1989) stakes a further claim to being the wittiest critic of private enterprise since the pseudonymous ``Adam Smith'' was plying his merry trade during the go-go 1960's. Young, gifted, and glib, the author delivers a wealth of deliciously wicked profiles on contemporary Wall Streeters, their offshore counterparts, and other predatory notables whose status is dollar denominated. Among others, he dispatches nouveau-riche Australians, Japan's kamikaze capitalists, TV-personality Louis Rukeyser (the nominal sponsor of seaborne investment seminars remarkable mainly for their ship-of-fools quality), the juvenile delinquents whose passion for speculating in financial futures has convulsed the Paris bourse, Donald Trump, LBO accessories, and other fast-trackers who show little care for socioeconomic consequences. Though largely informed by the serious purpose of capturing instances of greed, pretension, and wretched excess in the global financial village, Lewis's often antic reportage goes down with deceptive ease. A delightfully light touch is evident even in his assessment of such weighty subjects as what havoc a natural disaster (e.g., an earthquake) in Tokyo could wreak on the world's capital markets. Not every entry is a winner; there is, for example, an overlong and not very original expos on the putatively upscale charge cards merchandised by American Express. On the whole, however, the compilation sets a very high standard and provides an evocative, if not precisely nostalgic, record of the recent past's megabuck madnesses. -- Copyright ©1991, Kirkus Associates, LP. All rights reserved.

From Library Journal

Lewis wrote a very funny and trenchant book about life as a junior bond trader on Wall Street in the mid-1980s and called it Liar's Poker ( LJ 9/1/89). In this new book, he revisits familiar ground. In essays and pieces that originally appeared in magazines and newspapers, he strolls down Wall Street and takes aim at such targets as Michael Milken, the RJR Nabisco takeover, Louis Rukeyser, the Savings & Loan crisis, the Japanese, etc., and dissects them. There is not much in the way of true revelation here, but, with Lewis's puckish humor and inimitable writing style, the stories are entertaining and thought-provoking. And he proves that "the raw itch for money is still with us as surely as ever . . . and the money on Wall Street is better than elsewhere." This should be a big hit with the readers of his previous book. For all popular nonfiction collections.
- Richard Drezen, Merrill Lynch Lib., New York
Copyright 1991 Reed Business Information, Inc.

From the Publisher

6 1.5-hour cassettes

Product details

ASIN ‏ : ‎ B000VKVZR6
Publisher ‏ : ‎ W. W. Norton & Company; 1st edition (February 14, 2011)
Publication date ‏ : ‎ February 14, 2011
Language ‏ : ‎ English
File size ‏ : ‎ 504 KB
Text-to-Speech ‏ : ‎ Enabled
Screen Reader ‏ : ‎ Supported
Enhanced typesetting ‏ : ‎ Enabled
X-Ray ‏ : ‎ Enabled
Word Wise ‏ : ‎ Enabled
Sticky notes ‏ : ‎ On Kindle Scribe
Print length ‏ : ‎ 306 pages

Best Sellers Rank: #353,059 in Kindle Store (See Top 100 in Kindle Store)
- #180 in Economic Conditions (Kindle Store)
- #197 in Economic History (Kindle Store)
- #280 in Biographies of Business Professionals

Customer Reviews:
4.0 414 ratings

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Michael Lewis

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Michael Lewis, the best-selling author of The Undoing Project, Liar's Poker, Flash Boys, Moneyball, The Blind Side, Home Game and The Big Short, among other works, lives in Berkeley, California, with his wife, Tabitha Soren, and their three children.

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Paul S. Bodine

Early Lewis

Reviewed in the United States on March 29, 2023

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These pieces capture Lewis in early career, more a story-chasing journalist than a fly-on-the-wall explicator game-changing epoch-defining economic trends. Though dated and less inspired than his later books, this is still vintage Lewis.

2 people found this helpful

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timur yildiz

quick cash

Reviewed in the United States on January 13, 2023

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This book describes the wall street scene in the 80's and 90's. It is a good book to learn about New York also.

One person found this helpful

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Richard Haight

Meh, so now what?

Reviewed in the United States on December 4, 2014

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Interesting book, and well written as are ALL of Michael Lewis's works. Nevertheless, as interesting and informative as it is.... in the end, it offers no solutions, and when you turn the last page you are left with the feeling of "OK, now what? That's it?" After revealing all of the schemes, regulations and methods used to scam the market.... ANNNNND the vast majority of investors, the book needs to suggest or outline those ways that the system needs to be changed to absolutely STOP the continued use of these methods, and to force the exchanges to cease and desist assisting the various HFT organizations, and to block the various Goldman - Sachs's of the world from EVER being involved in ANY banking or stock market activity in the future.....

One person found this helpful

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S. T. Sullivan

Not Lewis's Best Work

Reviewed in the United States on February 4, 2008

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Michael Lewis wrote one of the great popular books about Wall Street, Liar's Poker: Rising Through the Wreckage on Wall Street . It is a classic of what life was like on Wall Street during the time when mortgage backed securities, something we're hearing a lot about currently, was just getting off the ground. He also wrote the bestseller Moneyball: The Art of Winning an Unfair Game , which is a great baseball book. This collection of pieces written right before and after Liar's Poker is all right, but it is not his best work.

I have a high tolerance for bad writing if I am interested in the subject manner, but even I had trouble getting through some of the early pieces in here. Perhaps Lewis had to get all this poor sophomoric writing out of his system before he could write decent books. If the pieces collected in Money Culture are what it takes to get to Moneyball, then so be it.

Still, from a reader's standpoint, don't bother with this one, read Liar's Poker and Moneyball instead.

26 people found this helpful

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Brandon Kuring

Best book ever written on the recent Financial crisis in 2007-08

Reviewed in the United States on January 11, 2018

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Michael Lewis never seems to fail at making a complex topic seem very simple. He also does it with incredible humor. This book takes you on a wild ride that'll definitely make you put the book down at times and go "were these people serious?!"...in the first 80 pages of this you'll already see why 2007-08 happened, and then you'll realize you have 200 more pages of this craziness to go!

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Daddy man

Alright

Reviewed in the United States on January 17, 2020

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Overall I would say it's just alirght. It's a little outdated for 2020. This is not a typical Michael Lewis story as this book is made up of a bunch of smaller stories from the US, Japan and London in the 1980's. I've read almost all of Michael Lewis's books and this one is easily the least desirable one I've read thus far.

10 people found this helpful

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Lohi

Old story nice read

Reviewed in the United States on May 12, 2016

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Enjoyable book. If you lived through the turbulent late '80's you will recognize the subplots. If not, it is a fairly good diary ( story ) of those times and some of the players. But, one consistency, Michael Lewis continues to shed light on the myriad of ways Wall Street banking types line their pockets with unsuspecting target's money.

One person found this helpful

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John Gossman

Good book, but not Lewis's best

Reviewed in the United States on October 22, 2005

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This is really a collection of essays Lewis wrote for magazines and newspapers, many of them before he wrote "Liar's Poker". As such they are a mixed bag both in content and writing style. Perhaps the most entertaining are his accounts of the coming of American-style finance and ambition to Europe, and I also enjoyed the essays on Japan. However other essays are best simply because they are short.

If you are a Lewis fan and want a little light reading, fine...read this book. If you haven't read his other books, go read those first.

6 people found this helpful

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DOPPLEGANGER

SUCK IT AND SEE!

Reviewed in the United Kingdom on September 8, 2011

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Michael Lewis is a most accomplished author with 'stonkin' good business related yarns such as "Liars's Poker", and "The Big Short", under his belt which have been widely acclaimed, well researched, and gripping reads with some considerable substance and 'meat on the bones'.

However, "The Money Culture" originally published in 1991 is different. It is a book of essays following a loosely woven financial thread ranging from his antipathy to American Express, Wall Street, the morality of Michael Milken, Eddie Braverman, perhaps the most unethical share-trader and bouncer of personal cheques of all time, the extremely nasty and tetchy Nabisco takeover bid, gambling on derivatives in London and Paris, the cruel lesson taught to T Boone Pickens on the Tokyo Stock Exchange, and other short essays. Each is an interesting 'cameo' that whips up your interest and then as quickly as it started, dumps you back to earth in a state of unfulfilled curiosity leaving you perhaps at best stirred enough to explore further on the various subjects and people covered. Books such as "Barbarians At The Gate" (by Burrough and Helyar) would certainly satisfy the most intense craving to throw light on the Nabisco takeover affair.

I found the most fascinating and hilarious cameo was the tale of Eddie Braverman, a character who surely would make a wonderful subject for a film of his nefarious financial wheeler dealer scams and his 'Keystone Cops' escapades in avoiding his creditors.

For lovers of collections of essays this book should appeal, to those who like more substance the appeal may not be as great.

11 people found this helpful

Tony Mattson

Excellent read

Reviewed in the United Kingdom on May 26, 2014

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Very good read full of witty, intelligent essays; excellent style and content match Lewis's longer form novels. Absolutely first rate.

2 people found this helpful

LEONARDO

Not his best work

Reviewed in the United Kingdom on October 14, 2020

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Some chapters are interesting, but not up to Lewis standards.

David Smyth

A great storyteller.

Reviewed in the United Kingdom on May 8, 2021

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Michael Lewis is perhaps the best writer working today. Even if the subject might not at first grab you, Lewis will engage you right from the start with his plain, honest, and naturally humorous style. Check out Liar's Poker too.

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