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The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System »

Book cover image of The Sellout: How Three Decades of Wall Street Greed and Government Mismanagement Destroyed the Global Financial System by Charles Gasparino

Authors: Charles Gasparino
ISBN-13: 9780061697166, ISBN-10: 0061697168
Format: Hardcover
Publisher: HarperCollins Publishers
Date Published: November 2009
Edition: (Non-applicable)

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Author Biography: Charles Gasparino

Charles Gasparino is a correspondent for CNBC and a former writer for the Wall Street Journal and Newsweek. A graduate of the University of Missouri School of Journalism, Gasparino was nominated for the Pulitzer Prize in beat reporting in 2002 and won the New York Press Club Award for best continuing coverage of the Wall Street research scandals. He lives with his wife in New York City.

Book Synopsis

In the spirit of Barbarians at the Gate and Liar's Poker comes The Sellout, the definitive book on the recent collapse of Wall Street, one of the most dramatic and anxiety-ridden era in national socioeconomic history. In this powerful business narrative, Charles Gasparino, the author of Blood on the Floor and King of the Club, captures how avarice, arrogance, and sheer stupidity eroded Wall Street's dominance, made many of our country's most fabled financial institutions vulnerable to significant new foreign control, and profoundly weakened the financial security of millions of poor and middle-class American families.

New York Review of Books

The most comprehensive anecdotal account to date of the crisis.... Gasparino cuts his way through Wall Street rhetoric and in the process uncovers in considerable detail how blind profit-making ambition led to the destruction of the markets.

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