Read The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History by Kirsten Grind Free Online


Ebook The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History by Kirsten Grind read! Book Title: The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History
The author of the book: Kirsten Grind
Edition: Simon & Schuster
Date of issue: June 12th 2012
ISBN: 1451617925
ISBN 13: 9781451617924
Language: English
Format files: PDF
The size of the: 399 KB
Loaded: 1401 times
Reader ratings: 7.8

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Based on reporting for which the author was named a finalist for the Pulitzer Prize and the Gerald Loeb Award, this book traces the rise and spectacular fall of Washington Mutual.

During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement, and how the entire financial industry—and even the entire country— lost its way as well.

Kirsten Grind’s The Lost Bank is a magisterial and gripping account of these events, tracing the cultural shifts, the cockamamie financial engineering, and the hubris and avarice that made this incredible story possible. The men and women who become the central players in this tragedy— the regulators and the bankers, the home buyers and the lenders, the number crunchers and the shareholders—are heroes and villains, perpetrators and victims, often switching roles with one another as the drama unfolds.

As a reporter at the time for the Puget Sound Business Journal, Grind covered a story set far from the epicenters of finance and media. It happened largely in places such as the suburban homes of central California and the office buildings of Seattle, but Grind covered the story from the beginning, and the clarity and persistence of her reporting earned her many awards, including being named a finalist for the Pulitzer Prize and the Gerald Loeb Award. She takes readers into boardrooms and bedrooms, revealing the power struggles that pitted regulators at the Office of Thrift Supervision and the FDIC against one another and the predatory negotiations of investment bankers and lawyers who enriched themselves during the bank’s rise and then devoured the decimated bank in its final days.

Written as compellingly as the finest fiction, The Lost Bank makes it clear that the collapse of Washington Mutual was not just the largest bank failure in American history. It is a story of talismanic qualities, reflecting the incredible rise and the precipitous collapse of not only an institution but of trust, fortunes, and the marketplaces for risk across the world.


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Author Kirsten Grind wrote an interesting book called The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History. This book published Simon & Schuster, and for what-would buy the book The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History, you need to pay $19.62 for a copy. However, on our website, you can download the book in PDF or ePUB The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History file and read it completely free of charge. Here you can find other books by the author Kirsten Grind, which you will enjoy the book as The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History. Join us and you will have a good opportunity to get a free ePUB The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History, and other interesting books.



Read information about the author

Ebook The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History read Online! I live in New York City, but I'm a West Coaster at heart. I love the outdoors - running, biking, hiking, backpacking - and I am deeply obsessed with the ocean, particularly Swami's in Cardiff, Calif. I've always been a newspaper journalist, covering a variety of business topics until I landed on finance, now at The Wall Street Journal. I am a huge bookworm - when I was 13, my father feared I was on the verge of a nervous breakdown from reading too much.


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Reviews of the The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History


RYAN

There are significant drawbacks

RORY

Rarely do the books make me cry, but this one could.

ELIZA

Not impressed

DEXTER

This book will make you shudder, infiltrate, and change your mind about this crazy world.

GRACE

You can, and you should read it.




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