Greed and Glory on Wall Street: Analysis - Book Report/Review Example

Only on StudentShare

Extract of sample
Greed and Glory on Wall Street: Analysis

It shows how even in a corporate setting human emotion and relationships override financial transactions and can impact the fall of a business institution that is more than hundred years old. It highlights the changes occurring in the marketplace in investment banking and the pressure it imposed on the bygone style of functioning. The paper examines the impact of class resentment, which makes individual ambitions larger than company mission and destroys the very institution, which creates wealth for its members. That for an institution to sustain itself money cannot be the basis, a common purpose and shared vision is indispensable.
Greed and Glory on Wall Street, narrates the downfall of Lehman Brothers, one of the most prestigious business houses in the US and its take over by Shearson/American Express. It covers the period from July 1983 to April 1984. The story is about the very conservative Lehman Brothers which began speculation on Wall Street and with greed dictating every financial transaction, the famous investment banking house spelt its own doom. The battle for wealth and glory is the pivot that governs this business story. Based on interviews with the principals Pete Peterson and Lewis Glucksman, the co-CEOs of Lehman Brothers, the book unfolds the battle for power between the chief adversaries. ...
Download paper

Summary

The following paper analyses the book titled Greed and Glory on Wall Street by Ken Auletta. The paper begins by capturing the gist of the book and discusses Auletta's style of writing. Hardly dogmatic in approach for a work of non-fiction, it is an absorbing narrative of the collapse of Lehman Brothers…
Author : lafayette36

Related Essays

A critical analysis of the Rocking Horse Winner
Lawrence's "The Rocking Horse Winner". What is very sad about this whole short story is the knowledge that the son wanted nothing more than his mothers' approval and her love. He also wanted to help her feel satisfied financially. In attempting to achieve these things, she brought him down in his own life, ultimately ending in his tragic death.The author really does a wonderfully, descriptive job in bringing the main focus of this story into reality. It shows that though you can have nice things, a comfortable home, and financial security, there is still a craving for more. Even the house,...
2 pages (502 words) Essay
New Glory by Ralph Peters
He as well looks at a variety of military and foreign policy issues and presents intelligent interpretation. Peters long traveled the world like an Army intelligence officer. In "New Glory," he makes use of his real-world familiarity to convey a State-of-the-World message. In this book Ralph Peters stresses for a realignment of U.S. engagements out of the country and changing its military and political corps in his analysis of national policy. The debate gave emphasis to the value of practical experience and travel in a foreign country. He as well talked about the importance of learning from...
9 pages (2259 words) Essay
Pride and Prejudice and Sense and Sensibility: A Critical Analysis
The novel begins with the introduction of one such single and very eligible bachelor, Mr. Bingley, who arouses the interests of the Bennet family from the moment of his arrival at Netherfield Park. Mrs. Bennet, the mother of five daughters, begins to make plans about getting him married to one of her daughters. Throughout the novel, she pursues this matter most eagerly, and is more than pleased to find that Mr. Bingley is seeking after her daughter Jane.
...
9 pages (2259 words) Essay
Comparative Textual Analysis
Mary’s narrative is a first person narrative of the Indian Wars, which lasted from 1675 – 1699. This is one of the famous original narratives of early American history. Mary was a strong Christian whose faith never faltered. The social-political climate was one of change. The early Americans were slowly becoming more materialistic and their faith waned. Mary’s narrative became very important because she documented these changes during this episode which began in 1676. The God fearing Christians rationalized their sufferings as being retribution for their sins. Mary, being a preacher’s...
6 pages (1506 words) Book Report/Review
Imagination and Poetry: An Analysis of Three Lyrical Creations
This paper will focus on three lyrical creations: "The Three Ravens" -an anonymous traditional English ballad-, Margaret Atwood's "Siren Song", and "Dover Beach" by Matthew Arnolds. It will deal with how the concepts of war, love, and power are addressed individually on each of them, in order to come to general conclusions about how those themes are intertwined and the role that imagination plays in this creative process.
...
4 pages (1004 words) Essay
An analysis of Nutting by William Wordsworth
As we begin the poem in the general sense, looking at it from nature-oriented perspective, it appears as usual as any other poem written by Wordsworth. His love and care for nature is revealed. Wordsworth's romantic style can be clearly visualised through the young boy's attachment towards nature and to place it in right terms we can call it being 'one' with nature. This is the common element present in many of his poems. Besides the simplicity of language used in this poem, we can also see the resemblance of style. We can very well say that the style used is as similar to his other poems. The...
6 pages (1506 words) Book Report/Review
Got a tricky question? Receive an answer from students like you! Try us!