Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers
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
- 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.