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The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers

The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers

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The inside story of what really happened at Lehman Brothers and why it failed In The Devil's Casino, investigative writer and Vanity Fair contributing editor Vicky Ward takes readers inside Lehman's highly charged offices. What Ward uncovers is a much bigger story than Lehman losing at the risky game of collateralized debt obligations, swaps, and leverage. A can't put it down page turner that opens the world of Wall Street to view unlike any book since Bonfire of the Vanities, except that The Devil's Casino isn't fiction. On Wall Street, Lehman Brothers was cheekily known as "the cat with nine lives." But as The Devil's Casino documents, this cat pushed its luck too far and died—the victim of men and women blinded by arrogance.

Details of Book

ISBN13: 9781118011492
ISBN10: 111801149X
Language: English
Publisher: Wiley
Publication Year: 2011
Format: Paperback

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A note on book covers: while we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

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  • One Line Summary

    Exposes Lehman's risky strategies and downfall.

  • Who is this book for?

    If you're curious about the behind-the-scenes chaos that led to Lehman's collapse, this book offers a gripping inside look. The author reveals how greed, arrogance, and high-stakes gambles played a role in one of the most infamous financial failures. It's a detailed, compelling story that reads like a high-stakes thriller, perfect for anyone interested in the real stories behind financial crises.

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