“No longer were the prices of ordinary mortgage bonds allowed to roam inefficiently, for they were now linked to the CMO market,… — Michael Lewis Copy Share Image
“The difference between Strauss and Ranieri?” says one trader still at Salomon. “That’s easy. Strauss wouldn’t stoop to use the men’s room… — Michael Lewis Copy Share Image
“How could anyone be so stupid as to trust a trader? The best thing I could do was pretend to others at… — Michael Lewis Copy Share Image
“Who do you work for? That question haunted salesmen. Whenever a trader screwed a customer and the salesman became upset, the trader… — Michael Lewis Copy Share Image
“For that purpose, partly as the result of Ranieri’s persistent lobbying, two new facilities had sprung up in the federal government alongside… — Michael Lewis Copy Share Image
“The Piranha didn’t talk like a person. He said things like “If you fuckin’ buy this bond in a fuckin’ trade, you’re… — Michael Lewis Copy Share Image
“What Gutfreund said has become a legend at Salomon Brothers and a visceral part of its corporate identity. He said: “One hand,… — Michael Lewis Copy Share Image
