The Rise and Fall of Bear Stearns by Alan Greenberg

This memoir by a former head of Bear Stearns delivers a little gossip, a few diatribes, a dose of revenge, and an insider's point of view.

(Simon & Schuster, $26)

Alan “Ace” Greenberg was not only one of the “smartest arbitrageurs” on Wall Street, he stood at the helm of Bear Stearns when it was a “highly profitable machine,” said Henny Sender in the Financial Times. So readers may be disappointed to realize that the purpose of this “curious work” seems to be simply to blame Greenberg’s successor, former chief executive Jimmy Cayne, for all the problems that caused Bear Stearns’ sudden and infamous collapse in March 2008. “This is memoir as revenge.”

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