Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

A must read for anyone interested in the excess and greed of the Oklahoma Oilies of the early 80 s Awesome Must read Especially if you live in Oklahoma Cityor are interested in the 80s or the oil businessor stupid bankersheck just read it Guess we never learn Solid reporting made it clear and straightforward to follow what ad Murder Moonflowers (The Herbalist happened throughout the number of banks involved Occasionally I got lost in the mass of names of people I was meant to remember Boy was this book awesome Think subprime crisis meets oil wells Great story where I found my jaw dropping at times saying WTF Sadly if reinforced something I ve known Some people get rich simply by borrowing money and never paying it back For some in this book it was in the tens andundreds of millions and it was in the mid 80s In 1982 Penn Suare Bank a bank located in a strip mall in Oklahoma failed This book chronicles ow the small bank s major wheeling and dealing in oil and gas investments led to one of the biggest crises in the istory of American banking The book is perhaps even interesting now as it parallels and perhaps foreshadows some of the issues of the recent financial crisis. No economist could ave predicted that the Penn Suare Bank a small obscure lender in an Oklahoma shopping mall would become the instigator of a financial charade that would see billions of dollars in loans made on the basis of imaginary oil and natural gas reserves just as a worldwide oil glut and the repeal

Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

Fascinating book detailing the oilgas bubble of the 1970s and early 1980s and the failure of Penn Suare Bank Zweig lays out lots of information about lending practices and euphoric markets that are take aways we can apply to the current RE crisis I recommend this book to anyone interested in banking markets and politics I will caution readers that while it as a lot of good information it was published in 1986 and that our banking regulatory framework was dramatically reworked in the early 1990s in part as a result of this collapseI still think it s an excellent primer on mistakes banks and investors can make in lending and the short comings of regulatory oversight of the banking industry A very good synopsis of the excesses of the Oklahoma boombust of the early 80 s I think you would like this if 1 you are an okie or 2 interested in reading about arrogant bankers drinking amaretto soda out of their lizard skin ropers making million dollar loans on cocktail napkins Yeah it was pretty bad back then Good thing we don t The Herbalist (The Herbalist have to worry about repeating the same mistakes of utterly groundless yet infinite optimism in any of our economic entities today. F regulatory gas laws were about to pull the rug from under the Oklahoma energy boom Belly Up tells this amazing true story with brilliant reporting delicious detail and an unbelievable yet all too real cast of characters from the young geologist who convinced banks to invest lots of money in auge new source.

Read × eBook, PDF or Kindle ePUB ´ Phillip L. Zweig

That was sarcasmAs a layman I thought Zweig Possum had just enough stories to keep me going but just enough detail re the deal making structure to inform me No doubt some readers will be bored by the descriptions of the financial instrumentation employed by the Penn Suare cronies et al Others will be frustrated with the lack of treatment Zweig gives for the technical and detailed descriptions of those same packagescontractscocktail napkins etc I guess that is the tension most authors faceFinally This was published in 86 I know bankingas changed since then It Mina olen muinasjutuliselt rikas helped me to keep that in mind but I still learned some good lessons Like you shouldn t loan an oil gas man 120% ofis estimated reserves This book seems well researched and Attached (Coronado Series, has gained much rapport over timeowever it isn t terribly well written The many characters get jumbled up easily and the story does not flow at all An excellent description of cash and black gold run amok and why times were Boazs Wager (Montana Collection, Book 2) high in Oklahoma in the 70s and early 80s and why the whole thing crashed Some of the characters can be a littleard to keep track of but the author does a great job of making complex concepts simple. Of natural gas to the banker who became notorious for lending money to every con artist and wildcatter with a lease a rig and a dreamPraise for Belly Up Belly Up merits a slot on any investor's literary shelf as surely as it does a Pulitzer Prize Financial World Investigative reporting at its best The Balti


10 thoughts on “Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

  1. says: Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com An excellent description of cash and black gold run amok and why times were high in Oklahoma in the 70s and early 80s and why the whole thing crashed Some of the characters can be a little hard to keep track of but the author does a great job o

  2. says: Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com Read × eBook, PDF or Kindle ePUB ´ Phillip L. Zweig Phillip L. Zweig ´ 7 Summary This book seems well researched and has gained much rapport over time however it isn't terribly well written The many characters get jumbled up

  3. says: review Belly Up The Collapse of the Penn Suare Bank Phillip L. Zweig ´ 7 Summary Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com A very good synopsis of the excesses of the Oklahoma boombust of the early 80's I think you would like this if 1 you are an okie or 2 interested in reading about arrogant bankers drinking amaretto soda out of their lizard sk

  4. says: Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com Phillip L. Zweig ´ 7 Summary Read × eBook, PDF or Kindle ePUB ´ Phillip L. Zweig Fascinating book detailing the oilgas bubble of the 1970s and early 1980s and the failure of Penn Suare Bank Zweig lays out lots of information about lending practices and euphoric markets that are take aways we can apply to the current RE cris

  5. says: review Belly Up The Collapse of the Penn Suare Bank Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    review Belly Up The Collapse of the Penn Suare Bank Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com Read × eBook, PDF or Kindle ePUB ´ Phillip L. Zweig In 1982 Penn Suare Bank a bank located in a strip mall in Oklahoma failed This book chronicles how the small bank's major wheeling an

  6. says: Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com Boy was this book awesome Think subprime crisis meets oil wells Great story where I found my jaw dropping at times saying WTF? Sadly if reinforced something I've known Some people get rich simply by borrowing money and never paying it back For some in this book it was in the tens and hundreds of millions and it was in the

  7. says: Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    review Belly Up The Collapse of the Penn Suare Bank Read × eBook, PDF or Kindle ePUB ´ Phillip L. Zweig Phillip L. Zweig ´ 7 Summary Solid reporting made it clear and straightforward to follow what had happened throughout the number of banks involved Occasionally I got lost in the mass of names of people I was meant to remember Not as catchy as Galbraith or Michael Lewis but interesting nonetheless

  8. says: Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com Phillip L. Zweig ´ 7 Summary Read × eBook, PDF or Kindle ePUB ´ Phillip L. Zweig

    Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com Guess we never learn

  9. says: Phillip L. Zweig ´ 7 Summary Read × eBook, PDF or Kindle ePUB ´ Phillip L. Zweig Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com Awesome Must read Especially if you live in Oklahoma Cityor are interested in the 80s or the oil businessor stupid bankersheck just read it

  10. says: Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com

    review Belly Up The Collapse of the Penn Suare Bank Phillip L. Zweig ´ 7 Summary Read Epub Belly Up The Collapse of the Penn Suare Bank ´ Phillip L. Zweig – latinboyz4play.com A must read for anyone interested in the excess and greed of the Oklahoma Oilies of the early 80's

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