Fiasco

A paperback edition of a best-selling tour of the cutthroat world of Wall Street derivatives in the 1990s features a new epilogue and tracks the author's experiences as a successful young Morgan Stanley employee, in an account that traces the period's speculative frenzies and the ways in which they directly contributed to highly publicized losses. Reprint.

Finalist for the Pulitzer Prize • One of the Washington Post Book World's 10 Best Books of the Year • Time's 10 Best Books of the Year • USA Today's Nonfiction Book of the Year • A New York Times Notable Book "Staggeringly vivid and persuasive . . . absolutely essential reading." —Michiko Kakutani, The New York Times "The best account yet of the entire war." —Vanity Fair The definitive account of the American military's tragic experience in Iraq Fiasco is a masterful reckoning with the planning and execution of the American military invasion and occupation of Iraq through mid-2006, now with a postscript on recent developments. Ricks draws on the exclusive cooperation of an extraordinary number of American personnel, including more than one hundred senior officers, and access to more than 30,000 pages of official documents, many of them never before made public. Tragically, it is an undeniable account—explosive, shocking, and authoritative—of unsurpassed tactical success combined with unsurpassed strategic failure that indicts some of America's most powerful and honored civilian and military leaders.

“A stunningly inventive fantasy about cosmic travel” from the Kafka Prize–winning author of Solaris (The New York Times). The Hermes explorer ship represents the epitome of Earth’s excellence: a peaceful mission sent forth to make first contact with an alien civilization, and to use the expansive space technology developed by humanity to seek new worlds, friendships, and alliances. But what its crew discovers on the planet Quinta is nothing like they had hoped. Locked in a seemingly endless cold war among themselves, the Quintans are uncommunicative and violent, refusing any discourse—except for the firing of deadly weapons. The crew of the Hermes is determined to accomplish what they had set out to do. But the cost of learning the secrets hidden on the silent surface of Quinta may be grave. Stark, startling, and insightful, Fiasco has been praised by Publishers Weekly as “one of Lem’s best novels.” It is classic, thought-provoking hard science fiction, as prescient today as when it was first written.

A longtime industry insider and acclaimed Hollywood historian goes behind the scenes to tell the stories of 15 of the most spectacular movie megaflops of the past 50 years, such as Cleopatra, The Cotton Club, and Waterworld. He recounts, in every gory detail, how enormous hubris, unbridled ambition, artistic hauteur, and bad business sense on the parts of Tinsel Town wheeler-dealers and superstars such as Elizabeth Taylor, Clint Eastwood, and Francis Ford Coppola, conspired to engender some of the worst films ever.

"Brian and Rosi Amador perform the story with energy and a smile, giving distinct voices to each character and presenting the Spanish-language words (nicely defined in the text and in an accompanying glossary) with brío. Light original music with a Mexican flavor dances in the background. A delightful production." -School Library Journal

"There are only three cookies and four hungry friends to share them with. This is not good. This is not equal!"--

Read Along or Enhanced eBook: Sarah Jane Hartwell and her class are back. After the stress of her last attempt at taking her class on a field trip (seen in First Year Letters), Mrs. Hartwell has a plan for an upcoming trip to the zoo—a plan that includes a lot of rules. Her students prove that they can line up straight, walk quietly, and take plenty of notes, but everyone soon realizes that this field trip isn’t as much fun as they’d hoped. Mrs. Hartwell rethinks her plan and saves the day.

FIASCO is the shocking story of one man's education in the jungles of Wall Street. As a young derivatives salesman at Morgan Stanley, Frank Partnoy learned to buy and sell billions of dollars worth of securities that were so complex many traders themselves didn't understand them. In his behind-the-scenes look at the trading floor and the offices of one of the world's top investment firms, Partnoy recounts the macho attitudes and fiercely competitive ploys of his office mates. And he takes us to the annual drunken skeet-shooting competition, FIASCO, where he and his colleagues sharpen the killer instincts they are encouraged to use against their competitiors, their clients, and each other. FIASCO is the first book to take on the derivatves trading industry, the most highly charged and risky sector of the stock market. More importantly, it is a blistering indictment of the largely unregulated market in derivatives and serves as a warning to unwary investors about real fiascos, which have cost billions of dollars.