Liar's Poker
Rising Through the Wreckage on Wall Street
An insider's account of 1980s bond-trading excess.
Liar's Poker is Michael Lewis's memoir of his years as a bond salesman at Salomon Brothers during the boom of the 1980s. It captures the brash, money-obsessed culture of Wall Street and the rise of mortgage-backed securities trading. The book is both a personal coming-of-age and a portrait of an industry intoxicated by its own power.
Founders get an unflinching look at how culture, incentives, and ego shape an organization from the inside. It shows how selling, status games, and aggressive risk-taking can build a firm and also rot it.
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