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Emmie

Colonia, NJ, United States

ratings
14
REVIEWS
3
FOLLOWING
0
FOLLOWERS
0
HELPFUL VOTES
4

  • The Asylum: The Renegades Who Hijacked the World's Oil Market

    • UNABRIDGED (16 hrs and 39 mins)
    • By Leah McGrath Goodman
    • Narrated By Robert Fass
    • Whispersync for Voice-ready
    Overall
    (31)
    Performance
    (25)
    Story
    (25)

    They were a band of outsiders unable to get jobs with New York's gilded financial establishment. They would go on to corner the world's multitrillion-dollar oil market, reaping unimaginable riches while bringing the economy to its knees. Meet the self-anointed kings of the New York Mercantile Exchange. In some ways, they are everything you would expect them to be: a secretive, members-only club of men and women who live lavish lifestyles; cavort with politicians, strippers, and celebrities; and blissfully jacked up oil prices to nearly $150 a barrel while profiting off the misery of the working class.

    Brad says: "Great - Well Written, Narrated Really Well"
    "Well-written and quite funny"
    Overall

    I really enjoyed "The Asylum" by Leah McGrath Goodman, and I highly recommend it. Robert Fass does a fantastic job of delivering the hilarious antics of the NYMEX traders, all of whom had a palpable disdain for rules and law- and enough money to flout both. It's a colorful read, and while you won't walk away understanding the ins and outs of why oil fluctuates so wildly, you will be entertained by the frat-boy antics of the traders, while gaining quite a bit of insight into the energy sector and their supposed regulators.

    1 of 1 people found this review helpful
  • No One Would Listen: A True Financial Thriller

    • UNABRIDGED (13 hrs)
    • By Harry Markopolos
    • Narrated By Scott Brick, Harry Markopolos, Frank Casey, and others
    • Whispersync for Voice-ready
    Overall
    (1359)
    Performance
    (664)
    Story
    (664)

    No One Would Listen is the exclusive story of the Harry Markopolos-lead investigation into Bernie Madoff and his $65 billion Ponzi scheme. While a lot has been written about Madoff's scam, few actually know how Markopolos and his team - affectionately called "the Fox Hounds" by Markopolos himself - uncovered what Madoff was doing years before this financial disaster reached its pinnacle. Unfortunately, no one listened, until the damage of the world's largest financial fraud ever was irreversible.

    Brendan says: "Shocking, terrific"
    "A True Financial Thriller"
    Overall

    This book gets five stars from me because of all the good information Markopolos provides about the SEC's incompetence, Madoff's European and off-shore investors, Congressional peacocking, and his clear explanation of how Madoff's supposed split-strike-strategy would have worked, had he been using one. At times though, you can see why some people wouldn't have taken Markopolos seriously, as he recounts checking his car's wheel wells for bombs and calling his police department to receive 24-hour supervision- he comes across as a bit of a nut. While I'm not sure I would want to be friends with Markopolos, he certainly should have been treated with more respect and his message should have been taken more seriously. It was very a thrilling, informative read!

    0 of 0 people found this review helpful
  • Crash of the Titans: Greed, Hubris, the Fall of Merrill Lynch and the Near-Collapse of Bank of America

    • UNABRIDGED (16 hrs and 29 mins)
    • By Greg Farrell
    • Narrated By Dan Woren
    • Whispersync for Voice-ready
    Overall
    (100)
    Performance
    (52)
    Story
    (53)

    With one notable exception, the firms that make up what we know as Wall Street have always been part of an inbred, insular culture that most people only vaguely understand. The exception was Merrill Lynch, a firm that revolutionized the stock market by bringing Wall Street to Main Street. Merrill Lynch was an icon. Its sudden decline, collapse, and sale to Bank of America was a shock. How did it happen? Why did it happen?

    Charles says: "A Dizzying Story About the Fall of an Icon"
    "A solid, informative read on Merrill and BoA"
    Overall

    Greg Farrell has produced a solid, meat-and-potatoes narrative on Merrill and its acquisition by Ken Lewis during the financial crisis. Having read several books about the crisis, this one added more insight about the time sandwiched between the departure of Stan O'Neil, the hiring of John Thain, and the purchase of Merrill by BoA. Dan Woren does a great job of narrating, and overall it's a well-researched read that explains the history of how BoA grew from a little-know North Carolina bank into a banking colossus and reiterates the fundamental management problems at Merrill that lead to its demise.

    3 of 3 people found this review helpful

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