Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch and the Near-Collapse of Bank of America Audiobook (Unabridged)

Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch and the Near-Collapse of Bank of America (Unabridged), by Greg Farrell
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4 out of 54 out of 54 out of 54 out of 54 out of 5 4 (225 ratings) (rate this audio book) Author: Narrator: Dan Woren Publisher: Random House Format: Unabridged Audiobook Release Date: Audio Length:
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The intimate, fly-on-the wall tale of the decline and fall of an America icon.

With one notable exception, the firms that make up what we know as Wall Street have always been part of an inbred, insular culture that most people only vaguely understand. The exception was Merrill Lynch, a firm that revolutionized the stock market by bringing Wall Street to Main Street, setting up offices in far-flung cities and towns long ignored by the giants of finance. With its thundering herd of financial advisers, perhaps no other business, whether in financial services or elsewhere, so epitomized the American spirit. Merrill Lynch was not only bullish on America, it was a big reason why so many average Americans were able to grow wealthy by investing in the stock market.

Merrill Lynch was an icon. Its sudden decline, collapse, and sale to Bank of America was a shock. How did it happen? Why did it happen? And what does this story of greed, hubris, and incompetence tell us about the culture of Wall Street that continues to this day, even though it came close to destroying the American economy? A culture in which the CEO of a firm losing $28 billion pushes hard to be paid a $25 million bonus. A culture in which two Merrill Lynch executives are guaranteed bonuses of $30 million and $40 million for four months' work, even while the firm is struggling to reduce its losses by firing thousands of employees.

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About the Author

Though you may know Greg Farrell from the popular title Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch and the Near-Collapse of Bank of America, Farrell is actually one of the most renowned Business authors in our catalog. In total, we carry 1 audiobook from Farrell, with the latest Business title being: Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch and the Near-Collapse of Bank of America. Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch and the Near-Collapse of Bank of America was added to our catalog in 2010, making it the author's oldest title available on our website, while Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch and the Near-Collapse of Bank of America is the most popular and bestselling from Farrell. Enjoy over 16 hours of listening from Farrell, among the 1 audiobook we have available. With such a wide variety, we know you're sure to enjoy Business books from Greg Farrell. For more choices and information on Greg Farrell, please visit their author page: Greg Farrell.