The Go-Go Years : The Drama and Crashing Finale of Wall Street's Bullish 60s

**__The Go-Go Years__**"__The Go-Go Years__ is not to be read in the usual manner of Wall Street classics. You do not read this book to see our present situation reenacted in the past, with only the names changed. You read it because it is a wonderful description of the way things were in a different time and place."—**From the Foreword by Michael Lewis** __The Go-Go Years__ is the harrowing and humorous story of the growth stocks of the 1960s and how their meteoric rise caused a multitude of small investors to thrive until the devastating market crashes in the 1970s. It was a time when greed drove the market and fast money was being made and lost as the "go-go" stocks surged and plunged. Included are the stories of such high-profile personalities as H. Ross Perot who lost $450 million in one day, Saul Steinberg's attempt to take over Chemical Bank, and the fall of America's "Last Gatsby," Eddie Gilbert. **Praise for __The Go-Go Years__** "Those for whom the stock market is mostly a spectator sport will relish the book's verve, color, and memorable one-liners."—__New York Review of Books__ "Please don't take __The Go-Go Years__ too much for granted: as effortlessly as it seems to fly, it is nonetheless an unusually complex and thoughtful work of social history."—__New York Times__ "Brooks's great contribution is his synthesis of all the elements that made the 1960s the most volatile in Wall Street history . and making so much material easily digestible for the uninitiated."—__Publishers Weekly__ "Brooks ... is about the only writer around who combines a thorough knowledge of finance with the ability to perceive behind the dance of numbers 'high, pure, moral melodrama on the themes of possession, domination, and belonging.'"—__Time__ The Go-Go Years " The Go-Go Years is not to be read in the usual manner of Wall Street classics. You do not read this book to see our present situation reenacted in the past, with only the names changed. You read it because it is a wonderful description of the way things were in a different time and place." — From the Foreword by Michael Lewis The Go-Go Years is the harrowing and humorous story of the growth stocks of the 1960s and how their meteoric rise caused a multitude of small investors to thrive until the devastating market crashes in the 1970s. It was a time when greed drove the market and fast money was being made and lost as the "go-go" stocks surged and plunged. Included are the stories of such high-profile personalities as H. Ross Perot who lost $450 million in one day, Saul Steinberg's attempt to take over Chemical Bank, and the fall of America's "Last Gatsby," Eddie Gilbert. Praise for The Go-Go Years "Those for whom the stock market is mostly a spectator sport will relish the book's verve, color, and memorable one-liners." — New York Review of Books "Please don't take The Go-Go Years too much for granted: as effortlessly as it seems to fly, it is nonetheless an unusually complex and thoughtful work of social history." — New York Times "Brooks's great contribution is his synthesis of all the elements that made the 1960s the most volatile in Wall Street history . and making so much material easily digestible for the uninitiated." — Publishers Weekly "Brooks ... is about the only writer around who combines a thorough knowledge of finance with the ability to perceive behind the dance of numbers 'high, pure, moral melodrama on the themes of possession, domination, and belonging.'" — Time This classic of the 1960s bull market offers a cautionary tale for today's investor of the personalities, markets, events, and trends that drove stocks up throughout the 1960s and made millionaires of many--until the inevitable crash of 1970.The Go-Go Years is the story of a pivotal era in American financial history. This was the decade of the youth revolution, growth and performance concepts, gunslingers, and mutual funds--a decade that witnessed the advent of newissue stocks, creative accounting, Chinese money, and conglomerates. Much has been written about the 1960s, but few books have captured what really happened on Wall Street during these fateful years."In the end," writes Michael Lewis in the introduction, "The Go-Go Years is not to be read in the usual manner of Wall Street classics. You do not read this book to see our present situation re-enacted in the past, with only the names changed. You read it because it is a wonderful description of the way things were in a different time and place."Yet many investors today are still moved by greed and fast money. They look back to those who have fallen in earlier times and wonder how long the good fortune will last. The Go-Go Years provides insight into what has changed in the markets and what will forever be the same in human nature. Foreword / Michael Lewis -- I. Climax: The Day Henry Ross Perot Lost $450 Million -- Ii. Fair Exchange: The Year The Amex Delisted The Old Guard Romans -- Iii. Last Gatsby: Recessional For Edward M. Gilbert -- Iv. Palmy Days And Low Rumblings: Early Warnings Along Wall Street -- V. Northern Exposure: Early Warnings Along Bay Street -- Vi. Birth Of Go-go: The Rise Of A Proper Chinese Bostonian -- Vii. Conglomerateurs: Corporate Chutzpah And Creative Accounting -- Viii. Enormous Back Room: Drugs, Fails, And Chaos Among The Clerks -- Ix. Go-go At High Noon: The View From Trinity Church -- X. Confrontation: Steinberg/leasco Vs. Renchard/chemical Bank -- Xi. Revelry Before Waterloo: The Time Of The Great Garbage Market -- Xii. 1970 Crash: To The Edge Of The Abyss -- Xiii. Saving Graces: The Invisible Samaritans Of Wall Street -- Xiv. Go-go Years. John Brooks ; Foreword By Michael Lewis. Includes Bibliographical References (p. 359-364 ) And Index. A humorous and keen look at the roller-coaster boom and bust of the 1960s and 1970s by the New York Times –bestselling author of Business Adventures John Brooks blends humor and astute analysis in this tale of the staggering "go-go" growth of the 1960s stock market and the ensuing crashes of the 1970s. Swiftly rising stocks promised fast money to investors, and voracious cupidity drove the market. But the bull market couldn't last forever, and the fall was just as staggering as the ascent. Including the astounding story of H. Ross Perot's loss of $450 million in one day; the tale of America's "Last Gatsby," Eddie Gilbert; and the account of financier Saul Steinberg's failed grab for Chemical Bank, this book is replete with hallmark financial acumen and vivid storytelling. A classic of business history, The Go-Go Years provides John Brooks's signature insight into the events of yesteryear and stands the test of time. A humorous and keen look at the roller-coaster boom and bust of the 1960s and 1970s by the New York Times{u2013}bestselling author of Business AdventuresJohn Brooks blends humor and astute analysis in this tale of the staggering ?go-go? growth of the 1960s stock market and the ensuing crashes of the 1970s. Swiftly rising stocks promised fast money to investors, and voracious cupidity drove the market. But the bull market couldn{u2019}t last forever, and the fall was just as staggering as the ascent.Including the astounding story of H. Ross Perot{u2019}s loss of "This classic of the 1960s bull market offers a cautionary tale for today's investor of the personalities, markets, events, and trends that drove stocks up throughout the 1960s and made millionaires of many - until the inevitable crash of 1970"--Jacket