What Goes Up:
The Uncensored History of Modern Wall Street as Told by the Bankers,
Brokers, CEOs, and Scoundrels Who Made It Happen
The ups and downs, the schemes and scams, the IPOs and hostile takeovers, the
egos, the brilliance, the greed and the glory-this is the story of Wall Street,
told by the men and women who made it happen.
By Eric Weiner
ISBN: 0316929662 Hardcover 512 pages 6 x 9-1/4 LITTLE, BROWN
Don Regan, on being asked what he could bring to Merrill Lynch if hired
(1946): "I thought about that for a minute. Then I said, 'I only have one
specialty now. I kill people. If you want people killed I've been doing that for
five-and-a-half years and I've gotten pretty good at it. Otherwise I could use
some training.' He was surprised. 'Mr. Regan, I'm not sure that we need that
particular ability here at Merrill Lynch.'" - From WHAT GOES UP..
The ups and downs, the
schemes and scams, the IPOs and hostile takeovers, the egos, the brilliance, the
greed and the glory-this is the story of Wall Street, told by the men and women
who made it happen.
Once upon a time, Wall Street was just a footpath near the southern tip of
Manhattan Island. Today it is the center of the financial world, the pivot point
on which economies turn, companies rise and fall, and daring men and women go
from rags to unbelievable riches, and sometimes back again. Along the way, Wall
Street also has transformed itself and society, growing from an exclusive
gentlemen's club to the place that millions of people now trust with their
Never has it been more important to understand how modern Wall Street truly
works. And never before has the story of modern Wall Street been told by those
who were there, personally, in their own words, uncensored, unfiltered, unbound.
Now, in What Goes Up, acclaimed financial journalist Eric J. Weiner gives us the
unvarnished, first-person truth in a riveting story based on hundreds of
interviews with Wall Street insiders that captures the booms and busts of the
past half century in America's financial capital in gripping detail.
From Warren Buffett to Michael Milken, Sandy Weill to Henry Kravis, Peter
Lynch to Alan Greenspan, from the birth of the mutual fund to the Internet
bubble, from trading scandals to global meltdowns, from the rise of tycoons to
the fall of giants, What Goes Up is a remarkable weaving together of
larger-than-life characters and insider accounts. Eric J. Weiner has spoken to
just about everybody-from CEOs to the barber in the basement of the stock
exchange. For anyone who wants to understand how Wall Street became what it is,
who wants to know how the biggest deals really happened, who wishes they had
been a fly on the wall when it all went down, this is the book.