You probably didn’t know it but the Jabroni Pony isn’t the only one with a new book on the financial crisis coming out today. Wall Street Journal reporter Greg Zuckerman’s got one, too (though his does not include promotion that involves being shot out of a cannon, naked, at the closing bell). While CG’s tome, which chronicles the fuck-ups of many a CEO, serves as a helpful guide on what not to do if you’re looking to avoid blowing up Wall Street, Zuckerman’s book, The Greatest Trade Ever, chronicles the stories of a bunch of guys who actually made money off that can’t lose asset class, subprime. But it wasn’t all rolling around in sticky fifties from the get-go. Daily Intel runs through the book’s subjects, and the adversity they had to overcome, before doing stuff like making $15 billion in one year, and writing a fuck-off letter to the industry, lobbying for the legalizing of weed. Take heart: even if you lack the motor skills to properly shave yourself, you could be the next John Paulson...Okay, the story is inimitable too.
...Also featured: the guy with the glass eye (Michael Burry), the guy who was known for his “unusually thick sideburns” (Greg Lippman), and everyone’s favorite burnout (Andrew Ladhe)....MORE
Tuesday, November 3, 2009
"John Paulson Once Had Self-Doubts"
Another inimitable headline from DealBreaker. Here's the story: