Friday, July 23, 2010

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

Inside. Vicky Ward’s contribution to the growing shelf of books about the recent financial crisis is titled, The Devil's Casino: Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers. She interviewed scores of people inside and outside Lehman and assembled the information she gathered into what’s essentially a morality tale. From Ward’s point of view, the villain in the decline of Lehman Brothers was Joe Gregory. Ward presents impressions of the key people, and uses those impressions to construct scenarios about the ways in which those people contributed to the downfall of a company. Real insiders may dispute her views; general readers will enjoy the ways in which she dramatizes the events.

Rating: Three-star (Recommended)
Click here to purchase The Devil’s Casino from amazon.com.

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