Extended Summary - Liar's Poker: Based On The Book By Michael Lewis

EXTENDED SUMMARY

LIAR'S POKER

BASED ON THE BOOK BY MICHAEL LEWIS

SUMMARY WRITTEN BY: EVERBOOK SUMMARIES

CONTENT

The Salomon Brothers Culture and the Game of Liar's Poker

Getting a Foot in the Door - The Unconventional Hiring Process

Immersion in the Jungle - The Training Program and Trading Floor

Adult Education - Encounters with Salomon Personalities

A Brotherhood of Hoods - The Mortgage Trading Desk

The Fat Men and Their Marvelous Money Machine

The Salomon Diet - Decline and Disintegration

From Geek to Man - Life as a Salesman in London

The Art of War - Internal Conflicts and External Threats

General Analysis

ABOUT THE ORIGINAL BOOK

Liar's Poker by Michael Lewis offers a captivating glimpse into the high-octane world of Wall Street in the 1980s through the eyes of a former Salomon Brothers bond salesman. The narrative plunges into the intense and often absurd culture of the trading floor, where fortunes were made and lost in an instant. The book vividly depicts the ambitious young traders driven by the pursuit of wealth and status, navigating a hyper-competitive environment. The game of Liar's Poker serves as a recurring motif, highlighting the bluffs, risks, and psychological battles inherent in bond trading. Lewis explores themes of greed, risk-taking, and the unique, often cutthroat, culture that defined this era of financial excess.

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