William D. Cohan: Culture of Greed Collapsed Bear Stearns
Whole Earth Films - FORA.tv Studios and Whole Earth Films
FORA.tv Studios and Whole Earth Films present William D. Cohan, author and former Wall Street veteran, speaking to Blaise Zerega, President and CEO of FORA.tv, about his book House of Cards: A Tale of Hubris and Wretched Excess on Wall Street.Cohan demonstrates why the seemingly invincible Wall Street money machine came crashing down. He chronicles the swashbuckling corporate culture of Bear Stearns, the strangely crucial role competitive bridge played in the company's fortunes, the brutal internecine battles for power, and the deadly combination of greed and inattention that helps to explain why the company's leaders ignored the danger lurking in Bear's huge positions in mortgage-backed securities.For more information: House of Cards