Audio only
A First-Class Catastrophe
The Road to Black Monday, the Worst Day in Wall Street HistoryBy Diana B. HenriquesNarrated by Gabra ZackmanLength9h 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
Rating★★★★ 3.9 (288)
Includes Goodreads, Amazon, LibraryThing
GenreBusiness and Economics, History
Length9 hrs 42 mins
Narrated byGabra Zackman
FormatAudiobook
Publish dateSep 19, 2017
LanguageEnglish
Never Split the DifferenceChris Voss, Tahl Raz8h 7m4.4 (277.7K)$26 · $0.00
The Intelligent Investor Rev Ed.Benjamin Graham17h 48m4.3 (191.5K)$40 · $0.00
The Hard Thing About Hard ThingsBen Horowitz7h 57m4.2 (134.3K)$26 · $0.00
Boundaries for LeadersHenry Cloud7h 36m4.3 (3.6K)$26 · $0.00
Big TrustShadé Zahrai, Fayçal Sekkouah8h 36m4.6 (406)$26 · $0.00
The Intelligent Investor Third EditionBenjamin Graham, Jason Zweig20h4.4 (156.6K)$46 · $0.00
Bottle of LiesKatherine Eban14h 25m4.4 (12K)$33 · $0.00
The Antiracist Business BookTrudi Lebrón6h 10m4.6 (275)$17 · $0.00
The FormulaJoshua Robinson, Jonathan Clegg10h 41m4.4 (6.9K)$29 · $0.00
Let Them LeadJohn U. Bacon7h 10m4.5 (1.4K)$24 · $0.00
Secrets of the Millionaire MindT. Harv Eker5h 11m4.4 (301.4K)$24 · $0.00
The Person You Mean to BeDolly Chugh9h 6m4.4 (7.2K)$29 · $0.00
BoundlessNick Kostov, Sean McLain9h 17m4.5 (1.1K)$29 · $0.00
Everyday DharmaSuneel Gupta5h 2m4.5 (761)$20 · $0.00
Let's Talk Mutual FundsMonika Halan7h 5m4.4 (2.4K)$16 · $0.00
The Law of Success in Sixteen LessonsNapoleon Hill2h 39m4.4 (17.2K)$2 · $0.00
Barbarians at the GateBryan Burrough, John Helyar3h 3m4.4 (52.7K)$18 · $0.00
JumpSteve Harvey4h 24m4.4 (4.5K)$20 · $0.00
AngelJason Calacanis8h 20m4.4 (4.4K)$26 · $0.00
Creative CallingChase Jarvis8h 33m4.4 (2.8K)$26 · $0.00
A Brief History of IntelligenceMax S. Bennett12h 18m4.6 (6.6K)$29 · $0.00
Ghosts of HiroshimaCharles Pellegrino8h 59m4.5 (877)$23
Lily's PromiseLily Ebert, Dov Forman8h 54m4.6 (16.1K)$29 · $0.00
On Democracies and Death CultsDouglas Murray10h 38m4.6 (6.5K)$29 · $0.00
Across the RiverKent Babb11h 40m4.6 (927)$29 · $0.00
Balcony Over Jerusalem: A Middle East Memoir - Israel, Palestine and BeyondJohn Lyons12h 37m4.6 (1.4K)$33 · $0.00
BeyondStephen Walker15h 39m4.6 (3.2K)$33 · $0.00
Kings and PawnsHoward Bryant10h 9m4.6 (678)$29 · $0.00
No EscapeNury Turkel9h 30m4.6 (809)$28 · $0.00
Jubal Stone: U.S. Marshal: Blood Trail To Hell: A Western Adventure NovelCasey Nash3h 42m4.6 (3.2K)$18 · $0.00
Fall and RiseMitchell Zuckoff17h 23m4.6 (9.8K)$40 · $0.00
The SurvivorJosef Lewkowicz, Michael Calvin9h 22m4.6 (2.5K)$29 · $0.00
Always FaithfulThomas Schueman, Zainullah Zaki12h 12m4.6 (977)$29 · $0.00
The State of Society in France Before the Revolution of 1789 (Annotated)Alexis de Tocqueville17h 25m4.6 (1.2K)$2 · $0.00
All the Gallant MenDonald Stratton, Ken Gire5h 55m4.6 (11.8K)$24 · $0.00
Medgar and MyrlieJoy-Ann Reid10h 52m4.5 (27.8K)$29 · $0.00
The History of the Peloponnesian War (Annotated)Thucydides24h 3m4.6 (1.1K)$2 · $0.00
Where the Birds Never SingJack Sacco10h 31m4.6 (3.8K)$29 · $0.00
Serviceman J: The Untold Story of an NZSAS SoldierJamie Pennell5h 51m4.6 (452)$24 · $0.00
Valley of the BirdtailAndrew Stobo Sniderman, Douglas Sanderson10h 1m4.6 (2.4K)$29 · $0.00
You may also like
Machines of Loving GraceJohn Markoff11h 53m3.8 (1.4K)$29 · $0.00
Door to DoorEdward Humes11h 20m3.9 (1.4K)$29 · $0.00
The DefendersPhilip K. Dick1h 2m3.8 (2.9K)$2.30 · $0.00
How the World Ran Out of EverythingPeter S. Goodman12h 18m4.2 (1.5K)$29 · $0.00
The Last Economy: A Guide to the Age of Intelligent EconomicsEmad Mostaque3h 54m4.3 (345)Free
Berserker’s PlanetFred Saberhagen6h 25m3.5 (1.2K)$14
ITIL Foundation Essentials ITIL 4 Edition - The ultimate revision guide, second editionClaire Agutter1h 12m4.2 (462)$27 · $0.00
The Last Sword MakerBrian A. Nelson12h 18m4.0 (2.6K)$23
AI ValleyGary Rivlin11h 18m4.1 (452)$29 · $0.00
The Zero Marginal Cost SocietyJeremy Rifkin14h 14m3.9 (3.2K)$23 · $0.00
The Return of VamanJayant V. Narlikar6h 27m4.0 (351)$17
The Exponential AgeAzeem Azhar9h 44m4.0 (1.6K)$20 · $0.00
AutonomyLawrence D. Burns, Christopher Shulgan11h 21m4.1 (1.1K)$29 · $0.00
System ErrorRob Reich, Mehran Sahami, Jeremy M. Weinstein11h 29m4.0 (1.6K)$29 · $0.00
The Artificial Intelligence ContagionDavid Barnhizer, Daniel Barnhizer12h3.9 (272)$20
THE RISE OF PHYSICAL AI and HUMANOIDSGathu Kamau2h 59m4.7 (134)$4.99 · $0.00
War and AIJavier del Puerto, Rado Molina4h 39m$20 · $0.00
What to Think About Machines That ThinkJohn Brockman14h 58m3.6 (605)$33 · $0.00
Business-Englisch lernen Audio - In der Öffentlichkeit redenSpotlight Verlag1h 12m$19
Of Courage And SacrificeMatt Hartle10h 43m4.1 (117)Free