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Blood on the Street : The Sensational Inside Story of How Wall Street Analysts Duped a Generation of Investors by Charles Gasparino (2005, Hardcover)
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- Buy It NowBlood on the Street: The Sensational Inside Story of How Wall Street Analysts
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About this product
Product Identifiers
PublisherSimon & Schuster, Incorporated
ISBN-100743250230
ISBN-139780743250238
eBay Product ID (ePID)30790798
Product Key Features
Book TitleBlood on the Street : The Sensational Inside Story of How Wall Street Analysts Duped a Generation of Investors
Number of Pages368 Pages
LanguageEnglish
Publication Year2005
TopicBusiness Ethics, White Collar Crime, General, Criminal Law / General
IllustratorYes
GenreLaw, True Crime, Business & Economics
AuthorCharles Gasparino
FormatHardcover
Dimensions
Item Height9.2 in
Item Weight18.4 Oz
Item Length1.3 in
Item Width6.3 in
Additional Product Features
Intended AudienceTrade
LCCN2004-061235
Dewey Edition22
Reviews"A thoughtful, complex and richly drawn snapshot of Wall Street during the late bubble years."The Daily Deal, "There probably won't be a better book about these events. Notes Gasparino: 'This is a story where there are few heroes, and even fewer people willing to provide an honest account of what went wrong.' Blood on the Street will take most readers as close to the action as they are likely to get--and few will come away comfortable with what they learn."BusinessWeek
Dewey Decimal332.63/0973
SynopsisBlood on the Streetis a riveting account of the Wall Street scam in which ordinary investors lost literally billions of dollars -- in many cases their life savings -- in one of the greatest deceptions ever, by the crack reporter who broke the original story.In one of the most outrageous examples of dirty dealing in the history of Wall Street, hundreds of millions of dollars in illicit profits were made during the booming 1990s as a result of research analysts issuing positive stock ratings on companies that kicked back investment banking business. Now, for the first time, award-winning journalist Charles Gasparino reveals the whole fascinating story of greed, arrogance, and corruption.It was Gasparino's front-page reporting inThe Wall Street Journalthat brought the story to national attention and spurred New York State attorney general Eliot Spitzer to launch an official probe. Now, Gasparino goes behind his own headlines to tell the inside story of this spectacular swindle -- with revelations from his unprecedented access to never-before-published depositions and documents, including e-mail exchanges leading all the way up to Citigroup CEO Sanford Weill.Drawing on his research and interviews with industry insiders, Gasparino takes readers into the back rooms of Wall Street's top investment firms and captures the outsize personalities of three key players: Salomon Smith Barney's Jack Grubman, a braggart with one of the largest salaries on Wall Street; Merrill Lynch's Henry Blodget, the Yale graduate who hyped his way to the top of the research pyramid; and Morgan Stanley's Mary Meeker, the "Queen of the Internet," who foresaw the market catastrophe but gave in to the pressuresBlood on the Streetshows how regulators, like former SEC chairman Arthur Levitt, allowed the deceptive practices to fester and grow during the 1990s bubble, leaving the door open for a then- little-known attorney general from New York State to step in and make his mark by holding Wall Street accountable.Gasparino provides the first major account of Spitzer's rise to prominence, detailing how the attorney general pursued key players to build his case against Wall Street, including his shifting allegiance to the powerful New York Stock Exchange chairman Richard Grasso.A fast-paced narrative rich in sharp insights,Blood on the Streetis the definitive book on the financial debacle that affected millions of Americans.
LC Classification NumberHG4928.5.G37 2005
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