Paper Fortunes: Modern Wall Street--Where It's Been and Where It's Going

"Paper Fortunes" is the richly-detailed story of Wall Street from its post-war heyday to present woes, from a player whose experiences, and learned observations of the forces shaping the business make it insightful and timely. Roy C. Smith, a long time Goldman Sachs banker and now a distinguished NYU professor of finance, enables anyone working on the Street, investing with it, or just appalled by its worst shenanigans to understand how the industry has grown, changed and evolved, and what its future prospects are. From various Goldmans, Sachses, and Lehmans through to Richard Fuld, Henry Paulson and Tim Geithner, "Paper Fortunes" tells the ongoing story of the shifting U.S. market economy through the actions of the people who've shaped it for the last 60 years and will shape it for the next 60 years.