9781483060798

The Lost Bank

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The Lost Bank

Regular Price: 22.95 USD
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Summary

During the most dizzying days of the financial crisis, Washington Mutual, a bank with hundreds of billions of dollars in its coffers, suffered a crippling bank run. The story of its final, brutal collapse in the autumn of 2008, and its controversial sale to JPMorgan Chase, is an astonishing account of how one bank lost itself to greed and mismanagement and how the entire financial industry—and even the entire country—lost its way as well.

Kirsten Grind’s The Lost Bank is a magisterial and gripping account of these events, tracing the cultural shifts, the cockamamie financial engineering, and the hubris and avarice that made this incredible story possible. The men and women who become the central players in this tragedy—the regulators and the bankers, the home buyers and the lenders, the number crunchers and the shareholders—are heroes and villains, perpetrators and victims, often switching roles with one another as the drama unfolds.

Reporting for the Puget Sound Business Journal, Grind covered the story from the beginning. It was a story set far from the epicenters of finance and media, happening largely in places such as the suburban homes of central California and the office buildings of Seattle, but the clarity and depth of Grind’s work earned her many awards, including being named a finalist for the Pulitzer Prize and the Gerald Loeb Award. She takes readers into boardrooms and bedrooms, revealing the power struggles that pitted regulators at the Office of Thrift Supervision and the FDIC against one another and the predatory negotiations of investment bankers and lawyers who enriched themselves during the bank’s rise and then devoured the decimated bank in its final days.

Written as compellingly as the finest fiction, The Lost Bank makes it clear that the collapse of Washington Mutual was not just the largest bank failure in American history. It is a story of talismanic qualities, reflecting the incredible rise and the precipitous collapse of not only an institution but of trust, fortunes, and the marketplaces for risk across the world.

The Lost Bank Full Details

NarratorTraber Burns
Length14 hours and 8 minutes
AuthorKirsten Grind
PublisherBlackstone Publishing
Release dateJune 13 2012
ISBN9781483060798

Subjects in The Lost Bank

According to Blackstone Publishing, the Publisher of The Lost Bank Audiobook, The Lost Bank includes the following subjects: bank, finance, Washington Mutual, crisis, financial, economy, corporation, business, collapse, failure, JPMorgan, banker, bankers, money, bank run, greed. The BISAC Subject Code is .

About the Author(s) of The Lost Bank

The author of The Lost Bank is Kirsten Grind. Kirsten Grind has received more than a dozen national awards for her work, including a Pulitzer Prize finalist citation for her work covering the collapse of Washington Mutual. A reporter for the Wall Street Journal, she lives in New York City.

About the Narrator of The Lost Bank Audiobook

The narrator for the The Lost Bank Audiobook is Traber Burns.

<p><strong>Traber Burns</strong> worked for thirty-five years in regional theater, including the New York, Oregon, and Alabama Shakespeare festivals. He also spent five years in Los Angeles appearing in many television productions and commercials, including <em>Lost</em>, <em>Close to Home</em>, <em>Without a Trace</em>, <em>Boston Legal</em>, <em>Grey’s Anatomy</em>, <em>Cold Case</em>, <em>Gilmore Girls</em>, and others.</p>.

The Lost Bank Audiobook Additional Info

The imprint is Blackstone Publishing. It is supplied by Blackstone Publishing. The ISBN-10 is 1483060799. The ISBN-13 is 9781483060798.

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