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The inside story of what really happened at Lehman Brothers and why it failed
In The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played
Inside Lehman Brothers, 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. Details what went on behind-the-scenes the weekend Lehman
Brothers failed, as well as inside Lehman during the twenty years preceding it
Describes the feudal culture that proved both Lehman's strength and its
Achilles' heel Written by Vicky Ward, one of today's most connected business
and finance writers
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.