The Great Hangover: 21 Tales of the New Recession from the Pages of Vanity Fair - Paperback

by Vanity Fair (Author), Graydon Carter (Author)

A collection of stories from Vanity Fair magazine about the current financial crisis by some of the country's best business journalists, including Michael Lewis (Moneyball, Liar's Poker), Bryan Burrough (Barbarians at the Gate), and Mark Bowden (Black Hawk Down), edited by Vanity Fair editor Graydon Carter, and with an introduction by Cullen Murphy (Are We Rome?).

This collection of landmark reporting reveals the people and events at the heart of the financial collapse:

• The Fall of Bear Stearns: A minute-by-minute account of the rumors and backroom deals that brought down the legendary investment bank in a single week.
• The A.I.G. Implosion: Michael Lewis's stunning profile of Joe Cassano, the man whose massive, misunderstood bets at A.I.G. nearly crashed the world economy.
• The Madoff Scandal: An inside look at Bernie Madoff's world of deception, from his closest associates to the high-society victims of his colossal Ponzi scheme.
• High-Stakes Investigations: Nobel laureate Joseph E. Stiglitz on the five key mistakes that led to the crisis, and Michael Lewis's unforgettable trip to Iceland as its economy went supernova.
• Wall Street Culture: Unflinching portraits of hedge-fund billionaires, panicked high society, and the bonus culture that fueled the disaster, from writers like Bryan Burrough and Bethany McLean.

Back Jacket

Vanity Fair presents 21 true stories of the new hard times

Where did all the billions go?

Commissioned by the editors at Vanity Fair magazine, The Great Hangover is an eye-opening collection of essays on the global economic crisis by fifteen of the most respected contemporary business writers in America, including:

Bryan Burrough (Barbarians at the Gate) on the atmosphere of uncertainty and fear that preceded the demise of Bear Stearns . . .

Michael Lewis (Liar's Poker) on Iceland's bizarre national implosion . . .

Mark Bowden (Black Hawk Down) on the decline of The New York Times and the threat to the ailing newspaper industry . . .

Mark Seal on the defining figure of the seriously tarnished New Gilded Age: the Grand Master of Greed, Bernie Madoff . . .

Along with compelling and sometimes hair-raising pieces from a dozen other Vanity Fair contributors on the recent recession's myriad villains and victims--and the worldwide impact of the financial downturn.