Forbes.com Recommends “Crash of the Titans” for a Weekend Read
Steve Schaefer, who writes the "Exile on Wall Street" column for Forbes.com, recommended "Crash of the Titans" for weekend reading. He says
"[Author Greg] Farrell tells a story based on hundreds of hours of interviews that builds like a hurricane. A storm that began with a mounting pile of of toxic debt that ultimately resulted in massive losses and [CEO Stan] O’Neal’s ouster, paused briefly after [following CEO John] Thain took over in December 2007 and set about raising billions in capital …
"The strength of “Crash Of The Titans” comes in the nearly 200 pages that detail that weekend, when Merrill would agree to a BofA takeover, and the months that followed before Thain’s departure from the combined company in January amid criticism over bonuses paid out by the firm before the deal closed, a story that Farrell broke at the FT."
You can read more of his review here.