Book Review – Serpent on the Rock
Serpent on the Rock by Kurt Eichenwald
My rating: 5 of 5 stars
You are not going to find a love triangle, lingerie models, murder or mayhem in this book, but it held my attention throughout! It is another very interesting report from Kurt Eichenwald. I was amazed by the sheer dishonesty of many of the players involved – all for power and to line their own pockets. Many believed that what they were doing was wrong at all. The story reports on Prudential Insurance and their purchase of Bache Securities. The newly formed security company basically put together extremely risky deals and marketed them to conservative investors. Many lost thousands of dollars when the deals all folded. Will make you think more carefully about where you invest your money.
24 August 2010, 2:03 am
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