Summary of Vicky Ward's The Devil's Casino

By IRB Media

Please note: This is a companion version & not the original book. Book Preview:

#1 On June 7, 2008, George Herbert Walker, a 39-year-old second cousin of then President George W. Bush, and head of Lehman's Investment Management division, was celebrating his marriage to Nancy Dorn, a 31-year-old hedge fund analyst from Texas. The couple had exchanged their vows at New York's City Hall a few weeks earlier.

#2 The party was held to celebrate the wedding of George Walker and Nancy Dorn. It was clear that most of the executives at the party were stressed about the company's financial situation.

#3 Lehman was founded in 1850 by three cotton trader brothers. The firm expanded after World War II, and under the reign of Bobbie Lehman, who had a Rolodex bursting with names like Whitney, Harriman, and most of the rest of New York's ruling class, it became the gentleman's banking house.

#4 After Lehman, the reputation of the firm was still intact. The partners were all rich. In 2007, Fuld was named CEO of the Year by Institutional Investor magazine in the Brokers and Asset Managers category.

• Language: English
• Publisher: IRB Media
• Release date: May 20, 2022
• ISBN: 9798822523814

IRB Media

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Insights on Vicky Ward's The Devils Casino

Contents

Insights from Chapter 1

Insights from Chapter 2

Insights from Chapter 3

Insights from Chapter 4

Insights from Chapter 5

Insights from Chapter 6

Insights from Chapter 7

Insights from Chapter 8

Insights from Chapter 9

Insights from Chapter 10

Insights from Chapter 11

Insights from Chapter 12

Insights from Chapter 13

Insights from Chapter 14

Insights from Chapter 15

Insights from Chapter 16

Insights from Chapter 17

Insights from Chapter 18

Insights from Chapter 19

Insights from Chapter 20

Insights from Chapter 21

Insights from Chapter 1

#1

On June 7, 2008, George Herbert Walker, a 39-year-old second cousin of then President George W. Bush, and head of Lehman's Investment Management division, was celebrating his marriage to Nancy Dorn, a 31-year-old hedge fund analyst from Texas. The couple had exchanged their vows at New York's City Hall a few weeks earlier.

#2

The party was held to celebrate the wedding of George Walker and Nancy Dorn. It was clear that most of the executives at the party were stressed about the company's financial situation.

#3

Lehman was founded in 1850 by three cotton trader brothers. The firm expanded after World War II, and under the reign of Bobbie Lehman, who had a Rolodex bursting with names like Whitney, Harriman, and most of the rest of New York's ruling class, it became the gentleman's banking house.

#4

After Lehman, the reputation of the firm was still intact. The partners were all rich. In 2007, Fuld was named CEO of the Year by Institutional Investor magazine in the Brokers and Asset Managers category.

Insights from Chapter 2

#1

Lehman's resurgence was led by Dick Fuld, and four men known as the Ponderosa Boys. They took turns