The Devil's Casino by Vicky Ward
Friendship, Betrayal, and the High Stakes Games Played Inside Lehman Brothers

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The inside story of what really happened at Lehman Brothers andwhy it failed

In The Devil's Casino: Friendship, Betrayal, and the High StakesGames Played Inside Lehman Brothers, investigative writer andVanity Fair contributing editor Vicky Ward takes readers insideLehman's highly charged offices. What Ward uncovers is a muchbigger story than Lehman losing at the risky game of collateralizeddebt obligations, swaps, and leverage.

A can't put it down page turner that opens the world of WallStreet to view unlike any book since Bonfire of the Vanities,except that The Devil's Casino isn't fiction.

Details what went on behind-the-scenes the weekend LehmanBrothers failed, as well as inside Lehman during the twenty yearspreceding itDescribes the feudal culture that proved both Lehman's strengthand its Achilles' heelWritten by Vicky Ward, one of today's most connected businessand finance writers

On Wall Street, Lehman Brothers was cheekily known as "the catwith nine lives." But as The Devil's Casino documents, this catpushed its luck too far and died?the victim of men and womenblinded by arrogance.


About Vicky Ward

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Vicky Ward has been a contributing editor to Vanity Fair since 2001, specializing in investigative reporting. She has profiled, among others, Jean-Marie Messier, Carly Fiorina, CIA agent Valerie Plame, businesswoman Louise MacBain, Morgan Stanley, the late Bruce Wasserstein, counterterrorism expert Richard Clarke, FranÇois Pinault, the Getty, the Guggenheim, Fairfield Greenwich Group (a Madoff feeder fund), Brooke Astor, and Kate Moss. Ward is a columnist for the Huffington Post and a former contributor to CNBC and Bloomberg TV. She was previously the executive editor of Talk magazine. Her work has appeared in the New York Times, the Financial Times, the London Times, and the Daily Telegraph. A native Briton, Ward was the runner-up for the Catherine Pakenham Award in 1994, Britain's most prestigious award for young women writers. She holds a master's degree in English literature from Cambridge University and has lived in New York City since 1997.
Published March 18, 2010 by Wiley. 297 pages
Genres: Business & Economics, History, Professional & Technical. Non-fiction

Unrated Critic Reviews for The Devil's Casino

The New York Times

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A look at the internal rivalries that undermined Lehman Brothers, one of Wall Street’s most powerful firms.

Jun 25 2010 | Read Full Review of The Devil's Casino: Friendshi...

The Washington Post

-- Before Chris.' " The only problem with this analysis is that Pettit turns out to be a highly recognizable type to anybody who has worked with a former military man morphed into a corporate officer: yelling, cursing and in the end fighting for his enormous severance package just as hard as Ward...

Apr 18 2010 | Read Full Review of The Devil's Casino: Friendshi...


Picking up where Ken Auletta’s Greed And Glory On Wall Street left off, Vicky Ward’s The Devil’s Casino traces the story of US financial giant Lehman Brothers from its takeover in 1984 to its demise in 2008.

Mar 30 2010 | Read Full Review of The Devil's Casino: Friendshi...

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