Greed and Glory on Wall Street
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From Publishers Weekly New Yorker writer Auletta here relates the vicious behind-the-scenes struggle between two top officers of the former investment banking firm of Lehman Brothers Kuhn Loeb, which was thereafter swallowed up by...
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From Publishers Weekly New Yorker writer Auletta here relates the vicious behind-the-scenes struggle between two top officers of the former investment banking firm of Lehman Brothers Kuhn Loeb, which was thereafter swallowed up by Shearson/American Express. PW called this a "modern morality tale." Copyright 1987 Reed Business Information, Inc. From Library Journal Auletta chronicles the activity at Lehman Brothers during the months between July 1983 and April 1984, immediately preceding the firm's takeover by Shearson/American Express. During that brief period, Auletta reveals, Wall Street's oldest investment banking partnership was simultaneously buffetted by the ambition and greed of one faction and by the complacency and misplaced self-assurance of another group of partners. Details shared after the fact with Auletta by many of the participants make clear, often with self-serving insight, that blame for the takeover could well be shared by more than just the two principal players. This tension born of petty human motives is all the more striking when set against the sophisticated investment banking environment. Most business collections will want this title. Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y. Copyright 1986 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title. See all Editorial Reviews
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