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Synopsis
Extensive exclusive interviews inform this account of the bitter internecine fighting that led the way to the takeover of Lehman Brothers Kuhn Loeb, one of America's most prestigious investment institution, by the mammoth American Express. Reprint.
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About the Author
Ken Auletta is the communications columnist for The New Yorker. He is the author of seven books, including the national bestseller Three Blind Mice, and, most recently, The Highwaymen: Warriors of the Information Superhighway.
From Library Journal
Auletta chronicles the activity at Lehman Brothers during the months between July 1983 and April 1984, immediately preceding the firm's takeover by Shearson/American Express. During that brief period, Auletta reveals, Wall Street's oldest investment banking partnership was simultaneously buffetted by the ambition and greed of one faction and by the complacency and misplaced self-assurance of another group of partners. Details shared after the fact with Auletta by many of the participants make clear, often with self-serving insight, that blame for the takeover could well be shared by more than just the two principal players. This tension born of petty human motives is all the more striking when set against the sophisticated investment banking environment. Most business collections will want this title. Joseph Barth, U.S. Military Acad. Lib., West Point, N.Y.
Copyright 1986 Reed Business Information, Inc.
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- PublisherOverlook Books
- Publication date2001
- ISBN 10 158567088X
- ISBN 13 9781585670888
- BindingPaperback
- Number of pages250
- Rating
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