Description
This program is read by the author
From the host of NPRs Planet Money the deeplyinvestigated story of how one visionary ruthless investor changed American finance forever
Before Bill Gross was known among investors as the Bond King he was a gambler In 1966 a fresh college grad he went to Vegas armed with his net worth 200 and a knack for counting cards 10000 and countless casino bans later he was hooked so he enrolled in business school
The Bond King is the story of how that whiz kid made American finance his casino Over the course of decades Bill Gross turned the sleepy bond market into a destabilized game of high risk high reward founded Pimco one of todays most powerful secretive and cutthroat investment firms helped to reshape our financial system in the aftermath of the Great Recessionto his own advantage and gained legions of admirers and enemies along the way Like every American antihero his ambition would also be his undoing
To understand the winners and losers of todays money game journalist Mary Childs argues is to understand the bond marketand to understand the bond market is to understand the Bond King
A Macmillan Audio production from Flatiron Books
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