http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
a tale of hubris and wretched excess on Wall Street
William D. Cohan's superb and shocking narrative chronicles the fall of Bear Stearns and the end of the Second Gilded Age on Wall Street, explaining how a combination of risky bets, corporate political infighting, lax government regulations and truly bad decision-making wrought havoc on the world financial system.
I. HOW IT HAPPENED: TEN DAYS IN MARCH. The ultimate roach motel -- The confidence game -- "Bear Stearns is not in trouble!" -- The run on the bank -- The armies of the night -- Feeding frenzy -- Total panic -- The price of moral hazard? Two dollars -- The Fed comes to the rescue (after the bubble is over) -- Mooning at the wake -- New developments from hell -- "We're the bad guys" -- II. WHY IT HAPPENED: 85 YEARS. Cy -- Ace -- Jimmy May Day -- Maimchinkel Malintz Anaynikal -- The joy of mortgage-backed securities -- "Bullies always cave" -- The math whiz and the baseball star -- "We're all going to a picnic and the tickets are 250 million dollars each" -- The fish rots from the head -- III. THE END OF THE 2ND GILDED AGE. The 10-in-10 strategy -- Cayne CAPs Spector -- Cioffi's bubble -- "The entire subprime market is toast" -- "If there's fraud, we're gonna pay" -- A very stupid decision -- Nashville -- The Cayne Mutiny -- Desperate times call for hare-brained schemes -- The deluge.
Includes bibliographical references (pages [451]-456) and index.