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Merchants of Debt (Record no. 1912)

MARC details
000 -LEADER
fixed length control field 02109nam a2200193 4500
010 ## - LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 91058601
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9780465045228
024 ## - OTHER STANDARD IDENTIFIER
Standard number or code 25201094
050 ## - LIBRARY OF CONGRESS CALL NUMBER
Classification number HG4028.M4
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 338.830973
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name George Anders
245 1# - TITLE STATEMENT
Title Merchants of Debt
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Basic Books
300 ## - PHYSICAL DESCRIPTION
Extent 328 pages
520 ## - SUMMARY, ETC.
Summary, etc. For more than a decade, Henry Kravis and George Roberts have been archetypes, first of Wall Street's boom years and then of its excesses. Their story and that of their firm - the biggest, most successful and most controversial participant in the age of leverage - illuminates an entire era of financial high jinks and speculative mania. Kravis and Roberts wrote their way into the history books by concocting one giant takeover after another. Their technique: the leveraged buyout, an audacious way to acquire a company with borrowed money, borrowed management - and a lot of nerve. Their firm, Kohlberg Kravis Roberts & Co., dominated the Wall Street scene in the late 1980s, acquiring one Fortune 500 company after another, including Safeway, Duracell, Motel 6, and RJR Nabisco. This book draws on more than 250 interviews, including recurring access to the central figures and their KKR associates, as well as confidential documents and private correspondence to couch giant financial issues in human terms. "Merchants of Debt" shows how pride, jealousy, fear, and ambition fuelled Wall Street's debt mania - with consequences that affected hundreds of thousands of people. The book addresses 3 questions - why did American business become so enchanted by debt in the 1980s? How exactly did Kravis and Roberts rise to the top of the heap? What have buyouts, especially KKR's deals, done to America's economic strength? In the tradition of "Barbarians at the Gate" and "The House of Morgan" this is a saga that takes readers behind closed boardroom doors to show how star-struck young bankers, ruthless deal-makers, and nervous CEOs changed one another's lives - and the whole American economy - over a 15 year span.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Economics
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Business
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Total checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
        Lake Chapala Society Lake Chapala Society 07/17/2024   332.1 ANDE 58640 07/17/2024 1 07/17/2024 Book

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