Liar's Poker: Rising Through the Wreckage on Wall Street Study Guide

Liar's Poker: Rising Through the Wreckage on Wall Street

Liar's Poker: Rising Through the Wreckage on Wall Street by Michael Lewis

Michael described the backstabbing incident when another MD took all the credit for the new German gov't bond warrant (call option) that he and Alexander created. He sought revenge by secretly doing a new Japanese gov't bond deal which the MD couldn't explain to his management and peers. MD threatened Michael which backfired when Michael told a syndicate manager (who manages these deals).

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