At the beginning of March 2008, the monetary fabric of Bear Stearns, one of the world’s oldest and largest investment banks, began unraveling. After ten days, the bank no longer existed, its assets sold under duress to rival JPMorgan Chase. The effects would be felt nationwide, as the country suddenly found itself in the grip of the worst financial mess since the Great Depression. William Cohan exposes the corporate arrogance, power struggles, and deadly combination of greed and inattention, which led to the collapse of not only Bear Stearns but the very foundations of Wall Street.
From the Trade Paperback edition.
Daily Beast | Wall Street, not Facebook, Bears Most of the Blame for the Company's IPO Debacle Daily Beast There are certainly those saying that the bungled offering shows that Facebook itself is a house of cards, a sign of a new New Economy bubble that has seen a variety of high-priced IPOs of popular but revenue-challenged companies go public at high ... and more » |
WBUR | Netflix takes credit for 'Mad Men' audience boost of 1 million Los Angeles Times The company is producing a political drama, starring Kevin Spacey, called "House of Cards" -- a follow-up to its first foray into original content, the Steven Van Zandt gangster drama "Lillyhammer." Sarandos said one of the motivations behind Netflix's ... Netflix ups pair to programming posts: Search is on for exec to lead Lat Am ... Chicago Tribune Netflix Names Cindy Holland to new role as VP Original Content. Jason Ropell ... MarketWatch (press release) Netflix reinforces original content executive team Digital Media Wire paidContent.org - FierceOnlineVideo all 45 news articles » |
What the Future Looks Like for Lawyers Huffington Post Like a house of cards, large law firms like Dewey can collapse at the slightest downturn in the economy. Let's consider why. First, changing technology has created whole new lines of business that require legal services, while it has destroyed other ... and more » |
The Atlantic | How We Got the Crash Wrong The Atlantic ... that was later published in the Journal of Economic Literature, in which he reviewed 21 books about the financial crisis written by an array of scholars and journalists (and including House of Cards, my book about the collapse of Bear Stearns). |
Roku opens a new world of TV net streaming Shelbyville Times-Gazette Netflix has new episodes of "Arrested Development" in the works, as well as an American remake, starring Kevin Spacey, of the British miniseries "House of Cards." Some people have bought new digital-TV-ready roof antennas and signal boosters and have ... and more » |
BADBADNOTGOOD Bangs Out at Brooklyn Bowl Huffington Post (blog) They took the hot and bothered astronaut's song and turned it into a trip down acid lane; the music slowly building momentum and then suddenly crashing down like a house of cards. Transitioning into slower fare, BBNG showed their versatility with some ... |
Mass Extinctions in the Cards Absent Urgent Action Inter Press Service To understand the importance of biodiversity in a given habitat or ecosystem, think of biodiversity as a gigantic house of cards, with each card representing a single species or ecosystem function. A few cards can be removed without any significant ... and more » |
Unraveling the Mystery of John Colter The Missourian In Chapter Two of their book, Anglin and Morris note, “All of this offers a prime example of how a seemingly solid historical structure can be assembled on a house of cards. During the second half of the 20th century, three descendants of John Colter ... |
The importance of Alexander Lowrey's Roger Clemens-Jose Canseco party photo ... New York Daily News (blog) During Clemens' deposition, Hardin had made it explicit: "The whole house of cards falls," he said. One person at the party, apparently, was an 11-year-old boy who lived in Canseco's South Florida neighborhood, invited by a contractor who had done some ... and more » |
The Real Problem With Wall Street DailyFinance The biggest problem is that the banking system is still built on a house of cards, with funding that can evaporate overnight, so trades and hedges gone wrong can sink a financial institution quickly. It used to be that deposits were combined with bank ... and more » |
