books

  • dust

    News

    Here Are Some Books To Pretend You’ll Read On Your Imaginary Vacation

    Make sure to pack these in your carry-on for the spring break you’ll be taking in your mind!

    / Feb 24, 2015 at 1:43 PM
  • haroldhamm

    News

    Divorce Watch ’14: Billionaire Loses Rocks, Gets To Keep Sentimental Shotguns

    All in all Harold Hamm ended up doing okay for himself.

    / Nov 10, 2014 at 4:01 PM
  • holly peterson

    News

    Seven-Year National Nightmare Is Over: Holly Peterson’s Back In Print

    When we last checked in with Holly Peterson, she had just released her debut novel, “The Manny,” a book about a rich Upper East Side woman who has an affair with her male nanny. Her father, Pete Peterson, was still working at Blackstone, the firm he founded with Steve Schwarzman. Her then-husband, Rick Kimball, Jr., […]

    / Jul 10, 2014 at 12:53 PM
  • sandyweill

    News

    Sandy Weill Didn’t Pay $43.7 Million To Live At 15 Central Park West And Read His Copy Of Cat Fancy A Week After It Hit Newsstands

    It pays to be an employee at 15 Central Park West. Author Michael Gross reports in House of Outrageous Fortune, his new book about the behemoth condo building, that the average worker there made $22,500 in tips during the holiday season in 2011, give or take a few Benjamins…Not bad for tending to a tower […]

    / Apr 7, 2014 at 10:00 AM
  • lewis_michael

    News

    Michael Lewis Not Having Any Trouble Looking Himself In The Mirror

    Or so he told one Bloomberg reporter.

    / Apr 3, 2014 at 3:55 PM
  • michaellewis

    News

    Some On Wall Street Have A Right Mind To Burn Dog-Eared Copies Of Liar’s Poker At Market Close

    As you have more than likely heard, Michael Lewis’s 14th book was released yesterday. In Flash Boys, Lewis explores the world of high-frequency trading, focusing on a Canadian named Brad Katsuyama who left the Royal Bank of Canada to create trading platform called IEX, which “slow[s] down customers’ orders to stymie high-frequency traders,” who Katsuyama […]

    / Apr 1, 2014 at 3:25 PM
  • jordanbelfort

    News

    Jordan Belfort’s Prison Experience Was Basically A Writer Retreat At Canyon Ranch

    When I arrived at Taft, they lost my paperwork, so I spent five days in solitary. It was brutal, absolutely brutal. But it was minimum security, and after solitary it was like a boys’ club — and who’s my bunkmate? Tommy Chong from Cheech & Chong. I couldn’t believe it. He was in the process […]

    / Feb 28, 2014 at 4:21 PM
  • ken-lewis

    News

    Losing Any Credibility Whatsoever Not Such A Bad Thing For Ex-Bank CEO Who Wanted Nothing More Than The Time To Curl Up With A Good Book

    Over at the Wall Street Journal today you will find a “Where are they now?” round-up of what “The Cast of the 2008 Financial Crisis” has been up to of late. Most of the entries mention books (Paulson, Geithner), current jobs on Wall Street and with the government (Thain, Bernanke, Steel, Dimon, Weinstein, Paulson), low-profiles […]

    / Sep 9, 2013 at 1:20 PM
  • charliegasparinobook

    News

    Charlie Gasparino Is Ready For His Close-Up

    [@cgasparino]

    / Jul 1, 2013 at 6:28 PM
  • News

    Immortalizing Brian Hunter

    It’s been six-and-a-half long years since Brian Hunter single-handedly destroyed a happy little “multi-strategy” hedge fund called Amaranth Advisors. Or did he? Well, yea, with an assist from deregulation, the juvenile trading culture and some oversight that left a few things to be desired, according to the book we can now all turn to when […]

    / May 24, 2013 at 12:51 PM
  • timgeithner4

    News

    Let’s Help Tim Geithner Name His Book

    As you may have heard, Obama is apparently close to nominating Jack Lew for Treasury Secretary, giving Tim Geithner his late Christmas wish: a one-way ticket outta there. And while he’s previously said to have no interest in writing about his time in Washington (and at the NY Fed before that), friends o’ TG claim that his plan for the next year or so involve “a round of ‘detox’ and writing a book.” Obviously we’re still very far off from anything concrete but publishers will undoubtedly be banging down his door in no time and when they do, it might be nice to at least have a title to wet their palates. While Geithner packs his bags, let’s do him a solid and come up with some options. The year spent sunning himself off the coast of Ko Samui (or puttering around Larchmont, or taking a job with the least amount of responsibility possible, whatever the detox entails) will presumably do wonders to take the edge of the last 48 months but if he’s still in an angsty phase by the time he sits down to bang out his story, perhaps one of the following would work?

    / Jan 8, 2013 at 4:32 PM
  • Manhattan Madam Case.JPEG-0121a

    News

    Upper East Side Madam Announces Plans To Give It To DA’s Office

    An upstate woman accused of running a lucrative Upper East Side brothel and boasting of law-enforcement connections was sentenced on Tuesday to six months in prison after weighing a last-minute decision to fight the case in court. Attorneys and family for Anna Gristina said she considered withdrawing her Sept. 24 guilty plea to promoting prostitution […]

    / Nov 20, 2012 at 6:27 PM
  • 43DC1801.jpg

    News

    German Hedge Fund Manager Who Fled To South America And Lived Under An Assumed Name For 5 Years To “Find Meaning” In His Life Has Learned A Few Things

    The bits of wisdom Florian Homm picked up during his stay in Colombia, where he was getting some “me time” and not trying to distance himself from angry investors whose money he’d lost, can be found in the book he wrote about living underground (“Kopf Geld Jagd”), which he hopes will be a “hard-core wake-up call” readers who are “trying to get a second Mercedes and a bigger boat.” For those who can’t wait for the English version, from an interview with the Times we learn:

    / Nov 20, 2012 at 3:31 PM
  • 50shades freed

    News

    Husband’s Lack Of Interest In Recreating 50 Shades Of Grey Scenarios Straw That Broke The Camel’s Back For British Banker

    The couple is getting a quickie divorce that should be wrapped up shortly, if you know anyone both familiar with the plot lines and interested.

    The wife, a 41-year-old banker earning more than £400,000 a year, claims her husband’s ‘boring attitude’ to sex is evidence of ‘unreasonable behaviour’. In her grounds for divorce, filed at the High Court, she refers to the novel, which tells of the sadomasochistic affair between billionaire Christian Grey and naive student Anastasia Steele. The woman in the court case bought the raunchy book almost as soon as it was published last year and hoped it would encourage her husband to be more adventurous in bed. The wife’s solicitor, Amanda McAlister, a family law expert, believes the case is the first where the new phenomenon of ‘mummy porn’ has triggered a divorce. She said: ‘The woman had been reading the book and wanted to spice up her love life. ‘She thought their sex life had hit a rut – he never remembered Valentine’s Day and he never complimented her on her appearance. So she bought sexy underwear in an attempt to get her husband more involved. She said, “Let’s make things more interesting.” ‘But when he still didn’t take any notice she told him he had a boring attitude to sex and she was fed up. ‘He went ballistic when he found out the name of the book she was reading and told her, “It’s all because you have been reading that bloody book”.’

    The husband is admitting ‘unreasonable behaviour’ so the divorce can be granted quickly without a contested hearing in which his alleged low libido would be discussed in court.

    50 Shades of Divorce: Wife ‘inspired’ by erotic book says husband failed to meet her expectations [DM]
    Fifty Shades Of Grey Leads Woman To Divorce Her Husband [NYDN]

    / Nov 12, 2012 at 9:46 AM
  • News

    Gary Cohn Will “Probably” Read Greg Smith’s Book

    But will he read select passages at Dealbreaker Dramatic Reading night? These are the questions that need answering. [Bloomberg TV]

    / Oct 11, 2012 at 2:11 PM
  • News

    What Else Does Goldman Sachs Have In Store For Greg Smith?

    As you may have heard, eleven short days from now Grand Central Publishing will release Why I Left Goldman Sachs: A Wall Street Story. The book is the memoir of former Goldman employee Greg Smith, who in March of last year penned an op-ed for the New York Times called “Why I Am Leaving Goldman Sachs,” a resignation letter of sorts in which Smith detailed the ways the firm had disappointed, sickened, and ultimately failed him, from opting for “shortcuts” over “achievement” to becoming, in the twelve years he worked there, a place that only cares about one thing and one thing only: “making money.” While perhaps another person would have turned a blind eye and said nothing, Greg had an obligation, as a Rhodes Scholar national finalist and a Maccabiah Games bronze medal finisher in ping-pong, to say ENOUGH. To violate his employer in the most gruesome fashion possible (that is, publicly), in front of clients and other interested parties. To let the world know this place he worked at for over a decade could continue to be a criminal enterprise but that he was moving on.

    The piece, as you might have imagined, did not please many people at Goldman Sachs nor did the $1.5 million deal Smith scored shortly thereafter to write the book. In September, a spokesman for the firm issued a delightfully bitchy, exceptionally underminey comment to the press re: Smith’s tale being no more interesting than that of a disgruntled first-year analyst who thinks he’s got a story to tell and yesterday, amazingly and almost unbelievably but you must believe it because here it is, leaked details of Greg’s performance reviews to the Financial Times which, spoiler alert, are less than flattering.

    Two people who managed Mr Smith said he was a solid performer but did not merit promotion to managing director, a distinction he apparently sought in 2009 and 2010. They also said he reacted badly to his bonus award in January this year. At the time one of his managers wrote in an email: “Greg Smith off the charts unrealistic, thinks he shld trade at multiples. We told him there’s v little tolerance for reactions like that and he needs to tone it down.”

    Ignoring for a moment that the manager quoted sounds like one of those horrible people who oh so cleverly discusses humans as financial assets, and has probably told people “I’m short Greg Smith” in the past, is this strategic attack on a former employee not the most wonderful thing to come out of GS since Hank Paulson used voicemail to apologize for telling 80 percent of the firm they were worthless pieces of crap not worthy of cleaning the lining of his birds‘ cages? Particularly because they maintain he is so insignificant they’ve barely given him or his book any thought at all? And does it not get you excited for what’s to come in the run-up to October 22, i.e. what other ways Goldman has planned to humiliate and discredit Mr. Smith? Some ideas we assume they have already thought of include:

    * Revealing the nickname he gave himself in firm emails (Agent Smith)
    * Getting eyewitnesses to tell reporters that after getting shafted on his bonus, he was seen flying into a fit of mad rage, whipping his ping-pong paddle out of his holster, and screaming obscenities at passersby on the trading floor before he was restrained by Gary Cohn
    * Leaking the original draft of his book he was working on circa 2009, entitled Why I Became A Managing Director At Goldman Sachs: A Success Story

    Goldman’s ‘Muppet Hunt’ Draws A Blank [FT]
    Earlier: Goldman Sachs Unimpressed By Sophomoric Writing Efforts Of Former Employee; Resignation Letter Reveals Goldman Sachs Is In The Business Of Making Money, Hires People Who Don’t Know How To Tie Their Shoes; Jewish Ping-Pong Tournament Participant / Sixth-Year Goldman Sachs Vice President Is Looking For His Next Challenge; Goldman Sachs Accuser Greg Smith (Might Have) Lied About That Which He Holds Most Sacred

    / Oct 11, 2012 at 1:17 PM
  • News

    Goldman Sachs Unimpressed By Sophomoric Writing Efforts Of Former Employee

    Back in March, a young man named Greg Smith published an Op-Ed in the Times called “Why I Am Leaving Goldman Sachs.” Greg wrote that despite joining a firm that, in the beginning, cared about “teamwork, integrity, a spirit of humility, and always doing right by clients” and not “just about making money,” he’d ultimately come to be sickened by a place that, twelve years later, he couldn’t even recognize. A place that, on Lloyd Blankfein and Gary Cohn’s watch, had lost its way. A place that, he’d come to see, was devoid of any sort of morals, whatsoever. A place that needed to take a long hard look at what it had become. A place that, he predicted, was not long for this earth. Because unlike Smith, whose proudest moments in life– “being selected as a Rhodes Scholar national finalist and winning a bronze medal for table tennis at the Maccabiah Games in Israel, known as the Jewish Olympics,” respectively– involved hard work and no short cuts, “Goldman Sachs today,” Smith wrote, is all “about the shortcuts and not enough about achievements.” Goldman Sachs 2.o, one might say, hasn’t worked an honest day in its life and that didn’t feel right to Smith anymore.

    The piece, which was said to come as shock to Goldman, did not please many people on the inside, nor did the $1.5 million deal Smith scored shortly thereafter to write Why I Left Goldman Sachs: A Wall Street Story, out October 22. Here’s how Greg’s publisher describes WILGS:

    From the shenanigans of his summer internship during the technology bubble to Las Vegas hot tubs and the excesses of the real estate boom; from the career lifeline he received from an NFL Hall of Famer during the bear market to the day Warren Buffett came to save Goldman Sachs from extinction-Smith will take the reader on his personal journey through the firm, and bring us inside the world’s most powerful bank.

    And while higher-ups at GS may have been initially worried about the potentially damaging revelations that would appear in the book, apparently time, a slap in the face and an order to ‘get it together you pustulant milquetoasts’ by the ghost of Lucas van Praag has resulted in this delightfully bitchy, exceptionally underminery comment from 200 West:

    “Every day, some young professional, after a decade in a post-collegiate job, reassesses his or her career and decides to move on and do something else,” David Wells, a Goldman Sachs spokesman said Dealbook in an e-mailed statement. “Others can better judge whether Mr. Smith’s particular career transition is of unique interest.”

    Regardless of whether or not Goldman is correct in its assessment that Greg’s sounds like the story dozens of analyst finishing their first year would tell of the “epic” stuff they witnessed during their 12 months of banking (+previous summer internship, during which things got pretty crazy) or if his particular career transition is indeed of unique interest, Dealbreaker will be hosting an evening of dramatic readings of select chapters, with yet-to-be secured GS alum/raconteur/boulevardier Lucas van Praag standing in for the part of Mr. Smith. Venue and ticket pricing to follow.

    Former Banker Promises A Peek At Goldman Sachs [Dealbook]
    Earlier: Resignation Letter Reveals Goldman Sachs Is In The Business Of Making Money, Hires People Who Don’t Know How To Tie Their Shoes; Jewish Ping-Pong Tournament Participant / Sixth-Year Goldman Sachs Vice President Is Looking For His Next Challenge; Goldman Sachs Accuser Greg Smith (Might Have) Lied About That Which He Holds Most Sacred

    / Sep 12, 2012 at 4:10 PM
  • News

    Bridgewater Accuser/Dartmouth Fraternity Brother-Cum-Whistleblower Andrew Lohse Has Written A Book

    It’s called “Party at the End of the World” and it’s coming at you sometime in 2013 via St. Martin’s Press. His agents describe the book as “a sex- drugs- and alcohol-fueled account of how Lohse nearly lost his life in the country’s cradle of frat debauchery and found something like redemption in…making it his […]

    / Jul 26, 2012 at 5:12 PM
  • News

    Let’s Help Greg Smith Name His Book

    Earlier today, the Times reported that former Goldman Sachs employee Greg Smith– he of third place Maccabiah Games finishes and very public breakup letters fame–, along with his newly acquired agent (Paul Fedorko), have been making the rounds at various publishing houses for the last week, pitching a book CNBC’s Kate Kelly saysmay go for more than $1 million at auction. It’s still in the early stages, though, and most likey untitled.

    So! Let’s do him a solid and come up with some options. The tome is being pitched as a “coming-of-age story, the tale of someone who came into the business with good intentions and sky-high ideals that were ultimately pierced by Goldman’s obsessive focus on making money.” So far all we’ve got are “Why They Don’t Hug Anymore At Goldman Sachs,” “Sixth-Balling Your Clients– A Story Of Goldman Sachs,” and “Den of Thieves: Tripping Over Ethics And My Shoe-Laces At Goldman Sachs.” Surely you can do better.

    / Mar 26, 2012 at 1:56 PM
  • News

    Let’s Help John Mack Name His Book

    Over the weekend Charlie Gasparino reported that John Mack is expected to retire as chairman of Morgan Stanley at the end of the year. According to Chaz, Mack will use some of his newfound time to write a book. It’s still in the early stages, though, and probably untitled. So!

    / Jun 27, 2011 at 12:12 PM
  • News

    Joe Kernen Wants To Save Your Children From Brainwashing By Liberals Who Hate Capitalism And Are Poisoning Their Minds

    He’s so serious about the issue he wrote a book about it, which you unfortunately can’t buy until May 12th. By then, it might be too late.

    / May 5, 2011 at 3:12 PM
  • News

    Fatal Risk: The Re-Education Of Goldman Sachs

    The following excerpt is from Fatal Risk: A Cautionary Tale Of AIG’s Corporate Suicide, a new book by investigative reporter Roddy Boyd. The role of Goldman Sachs in AIG’s saga had its roots in a little- remarked-upon series of promotions involving a pair of managers known as the “J. Aron guys” taking control of Goldman’s […]

    / Apr 15, 2011 at 12:00 PM
  • News

    Anyone Have An Open Seat On Their Trading Floor For A Writer Seeking Material?

    Joel Stein is a reporter for Time magazine writing his first book. It’s about “learning, at 39, how to finally become a man.” In addition to “the typical red state stuff” (4 days of basic training in the army; fight Randy Couture from the UFC; hunt; do a shift as a fireman; fix a house; […]

    / Mar 21, 2011 at 2:17 PM
  • News

    Borders Bankruptcy Is Ruining Bill Ackman’s Reading Room Plans

    He had a plan to save the book industry one story at a time, but now that’s probably shot to hell.

    / Feb 17, 2011 at 12:15 PM
  • News

    Nassim Taleb: America Has Cancer But No One Has The Stones To Admit We Need Chemo

    And on an even more serious note, for which you should brace yourselves, Taleb has announced he will not be going to Davos this year. Why? Because he’s sick of the name dropping fame whores in attendance who don’t know anything about debt, like he does. Black Swan will be making better use of his […]

    / Dec 17, 2010 at 3:01 PM
  • News

    Former Goldman Sachs Employee Advises Everyone To Diversify Their Personal Lives

    There’s an old saying that goes “write what you know.” When JC Davies was laid off from her job in the fall of 2008, she decided to do just that. Though she had spent nearly a decade as an equity research analyst, first at ING Barings, then Goldman Sachs and finally RIM Securities, what she […]

    / Dec 8, 2010 at 1:04 PM
  • News

    Too Lazy To Read An Excerpt From Bethany McLean (And Joe Nocera)’s New Book?

    It’s cool– she’s here to read it to you. [VF]

    / Oct 6, 2010 at 1:24 PM
  • News

    Jimmy Cayne Pleased To Hear Word Of Ex-Bear Co-President Warren Spector’s Possible Love Of Obama/Dudes

    As you may have heard, Charlie Gasparino’s latest book is out October 5. It’s called “Bought And Paid For: The Unholy Alliance Between Barack Obama and Wall Street.” As you may have also heard, Jimmy Cayne is a major fan of describing every one of his opponents as a homosexual. The former Bear Stearns CEO […]

    / Sep 17, 2010 at 2:40 PM

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