"Liar's Poker" by Michael Lewis

Paper Summary:

In this paper, Lewis offers a personal account of the cutthroat world of Wall Street, as seen through his own personal experiences. In this manner, the reality of interpersonal relationships in his professional life often result in the author delving deeper into the belly of the money hungry beast within the Salomon Brothers firm. Although he does seem to represent a confessional approach in his narrative, Lewis often makes claims as to how Wall Street operates without the benefit of quantitative analysis in regards to how financial institutions really operate.

From the Paper:

"The central aim of "Liar's Poker" by Michael Lewis is to present the reality of the Wall Street and the wanton greed associated with trading. There are many books that I have read about Wall Street that provide instructional or "self help" approaches to becoming a successful business person in this type of environment, but Lewis's perspective teaches the most about the realities of trading life. By having used his own personal experience to reflect the business environment he had to survive on a daily basis, the cruelty and passive aggressive behaviors of his "gentleman" business associates often resulted in nightmarish greed and excessive monetary squandering."

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