Эссе по предмету: Английский продвинутый (Пример)
Liar’s poker
«C’mon, people, we’re not selling truth!»
It is the most bestselling book of Michael Lewis that reopens the door to the Wall Street, exploring all its dirty clothe. Undoubtedly it is a strangely funny book about business that is easy to be comprehended by anyone who can read. He gives us a characterization of the blooming are of money through describing his experience in the investment bank. Only two years he spent for starting from a trainee to the Geek, the lowest form of life on the trading floor, and then to Big Swinging Dick — a bond salesman, able to turn over doubtful bonds worth of millions of dollars with making only one call.
The trading floor is the metaphor for the trading business where everyone is welcomed due to his position and capabilities.
The Salomon training program is chaired by the Human Piranha, whose vitriolic profanity astonishes everyone. Also the bond traders can throw telephones at the heads of subordinates.
The chairman Gutfreund dares his chief trader to a hand of liar’s poker for one million dollars. Just like that the beginners alike Michael Lewis, connected by telephones and computer terminals, swapping gross jokes trying to find the retail buyers.
The shocking behavior of bond traders ruled the whole enormous changes in the world economy. Lewis had to transfer money from the external countries, from those who had saved the money, to the USA. Such activities helped Salomon Brothers generating millions of dollars contributing to leveraging of America.
Salomon Brothers is the top investment banking and securities trading firm, it is also an adviser to the largest corporations and money managers.
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