Jonathan A. Knee had a ringside seat during the go-go, boom-and-bust decade and into the 21st century, at the two most prestigious investment banks on Wall Street--Goldman Sachs and Morgan Stanley. In this candid and irreverent insider's account of an industry in free fall, Knee captures an exhilarating era of fabulous deal-making in a free-wheeling Internet economy--and the catastrophe that followed when the bubble burst. Populated with power players, back stabbers, celebrity bankers, and godzillionaires, here is a vivid account of the dramatic upheaval that took place in investment banking. Indeed, Knee entered an industry that was typified by the motto "first-class business in a first-class way" and saw it transformed in a decade to a free-for-all typified by the acronym IBG, YBG ("I'll be gone, you'll be gone"). Increasingly mercenary bankers signed off on weak deals, knowing they would leave them in the rear-view mirror. Once, investment bankers prospered largely on their success in serving the client, preserving the firm, and protecting the public interest. Now, in the "financial supermarket" era, bankers felt not only that each day might be their last, but that their worth was tied exclusively to how much revenue they generated for the firm on that day--regardless of the source. Today, most young executives feel no loyalty to their firms, and among their clients, Knee finds an unprecedented but understandable level of cynicism and distrust of investment banks. Brimming with insight into what investment bankers actually do, and told with biting humor and unflinching honesty, The Accidental Investment Banker offers a fascinating glimpse behind the scenes of the most powerful companies on Wall Street.
Dieser Download kann aus rechtlichen Gründen nur mit Rechnungsadresse in A, B, BG, CY, CZ, D, DK, EW, E, FIN, F, GR, HR, H, IRL, I, LT, L, LR, M, NL, PL, P, R, S, SLO, SK ausgeliefert werden.
"..."warts and all" account of the boom and bust of the late 1990s up until the start of this century." (The Wharf, Thursday 16th August 2007)
"...a Wall Street soap opera in the vein of Michael Lewis's Liar's Poker about Knee's time at Morgan Stanley and Goldman Sachs." (Financial Times, Saturday 25th August 2007)
"an unusually candid view" (Reuters, Wednesday 5th September 2007)
"...this is a compelling read for both navel-gazing corporate financiers and voyeurs of the City and Wall Street." (CPO Agenda, Autumn 2007)
"really a great read...will go down as one of the great books on investment banking, just like Liar's Poker" (City AM Podcast, Wednesday 19th December 2007)
"Easy enough to understand for even someone outside the industry" (Gulf Business, March 2008)
"...candid view of some of the big Wall Street firms, especially Goldman Sachs and Morgan Stanley." (Breakingviews.com , Wednesday 16th April 2008)
"...a Wall Street soap opera in the vein of Michael Lewis's Liar's Poker about Knee's time at Morgan Stanley and Goldman Sachs." (Financial Times, Saturday 25th August 2007)
"an unusually candid view" (Reuters, Wednesday 5th September 2007)
"...this is a compelling read for both navel-gazing corporate financiers and voyeurs of the City and Wall Street." (CPO Agenda, Autumn 2007)
"really a great read...will go down as one of the great books on investment banking, just like Liar's Poker" (City AM Podcast, Wednesday 19th December 2007)
"Easy enough to understand for even someone outside the industry" (Gulf Business, March 2008)
"...candid view of some of the big Wall Street firms, especially Goldman Sachs and Morgan Stanley." (Breakingviews.com , Wednesday 16th April 2008)