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by George Anders

  • ISBN: 0465045235
  • Category: Money & Business
  • Author: George Anders
  • Subcategory: Biography & History
  • Other formats: azw rtf lrf mbr
  • Language: English
  • Publisher: Basic Books (May 18, 1993)
  • Pages: 368 pages
  • FB2 size: 1220 kb
  • EPUB size: 1523 kb
  • Rating: 4.9
  • Votes: 198
Download Merchants Of Debt: Kkr And The Mortgaging Of American Business fb2

Anders tells the story of how Kohlberg Kravis Roberts (KKR) took advantage of Wall Street's tolerance of debt to finagle massive corporate takeovers of companies that . has been added to your Cart.

Anders tells the story of how Kohlberg Kravis Roberts (KKR) took advantage of Wall Street's tolerance of debt to finagle massive corporate takeovers of companies that included Safeway has been added to your Cart.

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Merchants of Debt book. Kravis and Roberts wrote their way int For more than a decade, Henry Kravis and George Roberts have been archetypes, first of Wall Street's boom years and then of its excesses. Their story and that of their firm-the biggest, most successful, and most controversial participant in the age of an entire era of financial maneuvering and speculative mania.

Kravis and Roberts wrote their way into the history books by concocting one giant takeover after another. The story of KKR shows how pride, jealousy, fear, and ambition fueled Wall Street's debt mania-with consequences that affected hundreds of thousands of people.

Anders, George, 1957-. New York, NY : BasicBooks.

Anders tells the story of how Kohlberg Kravis Roberts (KKR) took advantage of Wall Street's tolerance of debt to finagle massive .

Anders tells the story of how Kohlberg Kravis Roberts (KKR) took advantage of Wall Street's tolerance of debt to finagle massive corporate takeovers of companies that included Safeway, Drexel, and Nabisco. Annotation c. Book News, In. Portland, OR (booknews. Publisher: Beard Books.

Merchants of Debt - George Anders. Much of American business history is shaped by this unending tug of war. At that time, KKR’s founding partners, Henry Kravis and George Roberts, pulled back the curtain and told revealing stories about their work to a degree that they never really have done before or since. The firm’s rise deserves a serious biographical history of its own, and this book is intended to serve that mission. But there has always been a bigger story to tell, too. KKR’s saga intrigues because it illuminates the maneuverings and personalities of an era when debt ran wild.

George Anders (born 1957) is an American business journalist and the author of five books, including the New York Times bestseller, Perfect Enough. He currently resides in Northern California. Anders has been writing for national publications since the 1980s.

This book shows KKR's financial alchemy in action, as the firm combines borrowed money and borrowed management to create many billions of dollars of profits from owning companies such as Safeway, Duracell and Beatrice - while also struggling to salvage its giant RJR Nabisco investment

A history of the biggest, most successful, and most controversial Wall Street firm discusses Henry Kravis and George Roberts's purchase of RJR Nabisco and how they dominated the Wall Street scene in the 1980s. 40,000 first printing. $50,000 ad/promo.
Reviews about Merchants Of Debt: Kkr And The Mortgaging Of American Business (7):
Adoraris
Excellent snapshot of the excesses of the 1980s decade. I remember seeing articles in magazines about the KKR buyout firm, and how it was so wealthy and nobody knew about it. Lots of interviews with the principal actors in the leveraged buyout craze of the 80s and gives a side of the story that wasn't available at the time. The book was published back in 1992, so it goes back a lot further now than it did when it was published. It doesn't hurt it or make it seem dated, I don't think. A nice slice of life from a decade-long enterprise.
Uriel
The author does a great job of neither making KKR heroic nor vilifying them as simply another set of greedy bankers. A great job was done in leaving it to the reader to decide for themselves based on a well presented story regarding the firm and its lead characters. Either way, you'll learn a lot from reading about KKR's exploits.
Rayli
A fascinating story about the legendary KKR. There's a lot in this story for the discerning reader to learn about: I hope to use some of these principles in fund-raising and investing myself.
FEISKO
The book was informative as to the story. As an industry professional, I would have preferred a more technical approach, but a good entertaining read.
Fato
This is an excellent book, very well written and rather even handed considering how controversial KKR became in the 1990s and beyond.
Ger
A very detailed account of KKR's history, and the LBO era. A lot of details that make it very interesting.
Matty
very readable and objective view of some very slick operators. an easy way to understand the terrible consequences of greed.
MoD is today's vintage and as the original classic on PE and KKR. I first read this book about 20 years ago while trying to understand what PE and LBO were all about. What better way was there than to study the story and the evolution of the original artists. I was glad i found this book then recommended by an adviser. it gave me the thearter's best seat view of dealmaking in action! George Anders painted a very lucid and impactful picture of dealmaking and high finance in a way that even a novice will walk away with expert insight.

Since I left my ivy league MBA program and started working on Wall Street and in global finance almost two decades ago, I always had a copy of MoD in my bag. I had given tens of copies away to friends and clients. It was and is still that good. When I got an alert that the book is now available in ebook format, I got my kindle version in less than 15 minutes. Now I have my high finance bible on the go: my briefcase is now one book lighter.

I highly recommend this for students, teachers, players and those interested in PE, LBO, Wall Street, and high finance using the best and foremost firm in the business as a case study. MoD is the best in class. The ebook version makes it easier to have the book on the go!

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