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 financial futures. 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.
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