Audio only
A First-Class Catastrophe
The Road to Black Monday, the Worst Day in Wall Street HistoryBy Diana B. HenriquesNarrated by Gabra Zackman
Length9h 42m
About this audiobook
The definitive account of the crash of 1987, a cautionary tale of how the US financial system nearly collapsed—from the bestselling author of The Wizard of Lies
Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell 22.6 percent—almost twice as bad as the worst day of 1929—equal to a one-day loss of nearly 5,000 points today.
Black Monday was more than seven years in the making and threatened nearly every US financial institution. Drawing on superlative archival research and dozens of original interviews, Diana B. Henriques weaves a tale of missed opportunities, market delusions, and destructive actions that stretched from the “silver crisis” of 1980 to turf battles in Washington, a poisonous rivalry between the New York Stock Exchange and the Chicago Mercantile Exchange, and the almost-fatal success of two California professors whose idea for reducing market risk spun terribly out of control. As the story hurtles forward, the players struggle to forestall a looming market meltdown, and unexpected heroes step in to avert total disaster.
For thirty years, investors, regulators, and bankers have failed to heed the lessons of 1987, even as the same patterns have resurfaced, most spectacularly in the financial crisis of 2008. A First-Class Catastrophe offers a new way of looking not only at the past, but at our financial future as well.
Audiobook details
GenreBusiness and Economics, History
Length9 hrs 42 mins
Narrated byGabra Zackman
FormatAudiobook
Publish dateSep 19, 2017
LanguageEnglish
The Business of StoriesSusan Payton3h 58m$20 · $0.00
A Bridge Not Too FarDeepak Ohri4h 55m$15
Level UpRob Dial7h 42m$26 · $0.00
Hal Moore on LeadershipHarold G. Moore, Mike Guardia5h 6m$17
Basic Economics, Fifth EditionThomas Sowell28h 6m$40
The Goals ProgramZig Ziglar4h 34m$20
The Stocks & ETF Compass: A Guide to Wealth, High Standard of Living, and Secure Retirement through Intelligent Investment in the Stock Market and Passive Income – Including Starter GuideJens Hattermann4h 9m$20 · $0.00
Eat It!Jordan Syatt, Michael Vacanti4h 40m$20 · $0.00
Not Everything Counts but Everything Matters: The powerful and inspirational new book about leadership and achieving success from the visionary multi-premiership winning Panthers coachIvan Cleary6h 1m$24 · $0.00
Leads MachineFrancis Rodino6h 30m$27 · $0.00
CAPITAL (Complete 3 Volume Edition)Karl Marx111h 13m$2 · $0.00
BuildTony Fadell11h 5m$8 · $0.00
The Entrepreneur Roller CoasterDarren Hardy7h 8m$17
The Law of Success in Sixteen LessonsNapoleon Hill1h 31m$2 · $0.00
The Ambuja StoryNarotam Sekhsaria13h 59m$33 · $0.00
Military Culture ShiftCorie Weathers13h 13m$25 · $0.00
Saving Social CareNeil Eastwood4h 54m$18 · $0.00
Big TrustShadé Zahrai, Fayçal Sekkouah8h 36m$26 · $0.00
SocialismLudwig von Mises24h 8m$30
Being EssentialDain Dunston4h 13m$15 · $0.00
Black AF HistoryMichael Harriot15h 43m$33 · $0.00
The Gulag Archipelago Volume 3Aleksandr I. Solzhenitsyn21h 56m$46 · $0.00
The Redeemer’s ReturnArthur W. Pink13h 18m$20
The Happiest Man on EarthEddie Jaku3h 48m$7 · $0.00
MotherlandJulia Ioffe17h 52m$40 · $0.00
Where Cowards Go to DieBenjamin Sledge8h 42m$20 · $0.00
Frederick Douglass: All 3 Memoirs in One VolumeFrederick Douglass44h 9m$2 · $0.00
I've Been to the MountaintopMartin Luther King48m5 (1)$11 · $0.00
RevolutionariesSanjeev Sanyal11h 23m$29 · $0.00
We Crossed a Bridge and It TrembledWendy Pearlman6h$24 · $0.00
Unbroken Bonds of BattleJohnny Joey Jones8h 31m$8 · $0.00
The Red RecordIda B. Wells-Barnett2h 9m$2 · $0.00
The Daughter of AuschwitzTova Friedman, Malcolm Brabant7h 54m$26 · $0.00
Lily's PromiseLily Ebert, Dov Forman8h 54m$29 · $0.00
Saving My EnemyBob Welch9h 11m$20
On Democracies and Death CultsDouglas Murray10h 38m$29 · $0.00
Across the RiverKent Babb11h 40m$29 · $0.00
Balcony Over Jerusalem: A Middle East Memoir - Israel, Palestine and BeyondJohn Lyons12h 37m$33 · $0.00
The Fire Next TimeJames Baldwin2h 25m$15
EnduranceAlfred Lansing6h 1m$20
You may also like
The Artificial Intelligence ContagionDavid Barnhizer, Daniel Barnhizer12h$20
The Technology TrapCarl Benedikt Frey15h 32m$20 · $0.00
What to Think About Machines That ThinkJohn Brockman14h 58m$33 · $0.00
Machines of Loving GraceJohn Markoff11h 53m$29 · $0.00
Door to DoorEdward Humes11h 20m$29 · $0.00
How the World Ran Out of EverythingPeter S. Goodman12h 18m$29 · $0.00
Of Courage And SacrificeMatt Hartle10h 43m4.5 (11)Free
The Doom LoopEswar S. Prasad10h 49m$25
ITIL Foundation Essentials ITIL 4 Edition - The ultimate revision guide, second editionClaire Agutter1h 12m$27 · $0.00
Machines at WorkMary Elting37m$2 · $0.00
Computers The Machines We Think WithD. S. Halacy8h 40m$2.30
The BrainEdmond Hamilton6h 20m$2.30
AI ValleyGary Rivlin11h 18m$29 · $0.00
The Zero Marginal Cost SocietyJeremy Rifkin14h 14m$23 · $0.00
The Return of VamanJayant V. Narlikar6h 27m$17
My Weirdtastic School #5: Mrs. Marge Is in Charge!Dan Gutman59m$11 · $0.00
The Exponential AgeAzeem Azhar9h 44m$20 · $0.00
A Mixture of Genius and two more StoriesArnold Castle1h 30m$2.30
The Digital Silk RoadJonathan E. Hillman9h 58m$29 · $0.00
I, Robot by Isaac Asimov (Book Analysis)Bright Summaries27m$29 · $0.00