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Wall Street Meat: Jack Grubman, Frank Quattrone, Mary Meeker, Henry Blodget and me

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Author: Kessler, Andy

Binding: Hardcover

ISBN: 9780972783217

Details:

Author: Kessler, Andy

Binding: Hardcover

Number Of Pages: 208

Release Date: 17-03-2003

EAN: 9780972783217

Package Dimensions: 9.1 x 6.0 x 0.8 inches

Languages: english

Description:

Review "A scathing critique of everything wrong with Wall Street ... and what's wrong with a few of the critics as well. -- Adam Lashinsky, Fortune - CNN/Money April 23, 2003 "Fascinating book full of biting humor and cynicism that's informed by firsthand experiences in a crazy industry." -- FierceFinance April 23, 2003 A deliciously naughty new book... I finished it in a gulp, perfectly astonished." -- Michael Lewis, author of Liar's Poker, The New New Thing A fun read. Andy Kessler makes use of his pen, wit and cynical outlook. -- CBS Marketwatch, Bambi Francisco It's funny and brings characters to life. Andy Kessler makes use of his pen, wit and cynical outlook. -- Bambi Francisco, CBS MarketWatch, March 11, 2003 Now arrives a fascinating little testimony from Andy Kessler...breezy, Wall Street-y style. He can be quite funny. -- Robert Teitelman, The Daily Deal, April 4, 2003 This book is a hoot. -- CNBC, James Cramer, Kudlow & Cramer This book is gripping, like watching the Zapruder film versus reading the Warren report, I couldn't put it down. -- Rich Karlgaard, Publisher, Forbes Magazine, March 2003 Product Description Wall Street Meat chronicles the twisted world of Wall Street analysts and bankers. The author worked with now notorious analysts Jack Grubman and Mary Meeker, did deals with uber-banker Frank Quattrone and befriended Internet analyst Henry Blodget. Many first-hand fun stories enlighten readers to how Wall Street works and what went wrong. From the Author Wall Street is a funny business. All you have is your reputation. Taint it and someone else will fill your shoes. Longevity comes from maintaining that reputation. Ask Jack Grubman, the All-Star telecom analyst from Salomon Smith Barney stuck recommending the Worldcom and Global Crossing disasters. Or uber-banker Frank Quattrone, who did a few too many skanky IPOs at CS First Boston. Or Morgan Stanley’s Mary "Queen of the Net" Meeker. Or Henry Blodget, whose $400 price target on Amazon.com’s stock got him a job at Merrill Lynch. They probably won’t tell you anything. But I will. I sat next to Jack Grubman when we both started at Paine Webber. Later at Morgan Stanley, I did deals with Frank Quattrone and was a mentor to Mary Meeker. During the heat of the Internet bubble, I befriended Henry Blodget. Have I got some great stories for you. Add to these four folks the strategists and axes, barking dogs and Piranhas, ducks and momos, Vomit Comets and Joe Six-Stock, and you’ll get a clear picture of how Wall Street works and how analysts and bankers went from merely being famous to become notorious. We really were just pieces of Wall Street Meat. The Street is a disgustingly lucrative capital-raising machine -- its players keep half of the revenues they generate. The tales of Jack, Frankie, Mary, Henry and all the rest of us are important, if only to show how powerful and then how fickle Wall Street can be. Creeping hubris is terminal. About the Author Andy Kessler has worked on Wall Street for almost 20 years, as a research analyst, investment banker, venture capitalist and hedge fund manager. After starting a career designing chips at Bell Labs, Andy worked for PaineWebber and Morgan Stanley and was a partner at Velocity Capital. He has written for the Wall Street Journal op-ed page, Forbes, Thestreet.com and other magazines and has appeared on CNBC, CNN, Nightline and Dateline NBC. He lives in Northern California with his wife and four sons.

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