Going for Broke
IN THIS SUMMARY
The 1980s were full of outlandish wheeling and dealing, mystical accounting, and phenomenal financial calamities. Incomprehensible greed and stupidity ravaged the economy, and Going for Broke is a fitting epilogue to this money-mad era. Without injecting any armchair psychoanalysis, Rothchild manages to convey the dysfunction surrounding not only Campeau, but also the entire investment banking industry. It is a tale that is at once infuriating, frightening, and funny, and serves to remind us that the country’s economic leaders need to make major readjustments in their financial philosophies.