Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre
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Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre
Best Ebook Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre
“Some chick asked me what I would do with 10 million bucks. I told her I’d wonder where the rest of my money went.”—@GSElevatorOver the past three years, the notorious @GSElevator Twitter feed has offered a hilarious, shamelessly voyeuristic look into the real world of international finance. Hundreds of thousands followed the account, Goldman Sachs launched an internal investigation, and when the true identity of the man behind it all was revealed, it created a national media sensation—but that’s only part of the story.Where @GSElevator captured the essence of the banking elite with curated jokes and submissions overheard by readers, Straight to hell adds John LeFevre’s own story—an unapologetic and darkly funny account of a career as a globe-conquering investment banker spanning New York, London, and Hong Kong. Straight to Hell pulls back the curtain on a world that is both hated and envied, taking readers from the trading floors and roadshows to private planes and after-hours overindulgence. Full of shocking lawlessness, boyish antics, and win-at-all-costs schemes, this is the definitive take on the deviant, dysfunctional, and absolutely excessive world of finance.
Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre - Amazon Sales Rank: #84674 in Books
- Brand: Lefevre, John
- Published on: 2015-07-14
- Released on: 2015-07-14
- Original language: English
- Number of items: 1
- Dimensions: 8.90" h x 1.30" w x 6.20" l, .0 pounds
- Binding: Hardcover
- 288 pages
Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre Review A New York Times BestsellerOne of Entertainment Weekly’s 10 Must-Reads of SummerA Time magazine Ultimate Summer Reads PickAn Amazon Best Book of the Month in Business/Leadership & Humor/Entertainment“Shocking and sordid—and so much fun.”—New York Daily News“Shots are drunk, nether parts are exposed and rubbed against food, bread rolls are hurled, drugs are inhaled and prostitutes paid. It’s Bertie Wooster’s Drones Club via the darker corners of Edward St. Aubyn and Bret Easton Ellis.”—Wall Street Journal“LeFevre . . . sharply observes the lives of globe-trotting, overindulging, investment bankers.”—Entertainment Weekly“If you thought the Wall Street culture portrayed in his tweets was bad, the one in LeFevre’s new book Straight to Hell is worse.”—CNN Money“LeFevre’s workplace anecdotes include tales of nastiness, sabotage, favoritism, sexism, racism, expense-account padding, and legally questionable collusion.”—New Yorker“Don't mistake this book for something it doesn't strive to be. The core themes of Straight to Hell survive attacks on its claims to credibility, and the book is not about boasting so much as entertainment. So should you read it? Maybe. It depends on your appetite for debauchery . . . Straight to Hell . . . offers a window into a deviant culture, and suggests the mechanisms by which it perpetuates itself, even in today’s climate.”—Newsweek“There's no question that [LeFevre] knows his way around the business, and it's a dirty one. There's collusion, competition, nepotism, and a whole lot of reprehensible stuff going on in the business side, and it's fascinating. . . . A great read.”—Business Insider“LeFevre’s stories are eye-opening. Also I’m pretty sure he confesses to several felonies, and there’s a price-fixing conference in a Hong Kong hotel room that I hope he ran by his lawyer. But you don’t want to read about bond deals. You want drugs and hookers. LeFevre delivers them with overwhelming force . . . Teenage boys at Choate will want to be investment bankers after reading Straight to Hell.”—Bloomberg Businessweek“LeFevre . . . has a clear talent for storytelling and writing.”—Global Capital“In some memoirs, the author tries to pull back the curtain to provide a glimpse into a particular time and place, but LeFevre attempts to rip the drapes right off. He gives a naked look at how business in the world of finance is conducted. LeFevre . . . doesn’t shy away from witnessing and partaking in some of the seedier antics . . . You may not like LeFevre's tact, but he knows what he's talking about.”—CNBC“Informative and . . . highly entertaining . . . After all the wheeling and dealing, the drinking and snorting, the cheating and fucking, there is only John LeFevre, gleefully riding to hell and taking as many other sinners down with him as he can . . . LeFevre’s contributed a classic to the genre. Anyone interested in global finance, credit markets or cocaine-fueled debauchery should give it a read.”—Reformed Broker“The Wall Street tell-all tome has been done before, but never quite like this. Straight to Hell is career suicide as literature; an interlude at a Filipino house of ill repute, all on its own, would be enough to render the author unemployable by any bank . . . If there were such a thing as witness protection for former bankers, John LeFevre would be eminently eligible.”—Barron’s“Reads like a frat boy’s fever dream of the highflying life: morning drinking, late-night drinking, and drinking all the hours in between; pranks, bar fights, cheating, travel, and prostitutes. . . . Equal parts fun and train wreck, this is a tale engineered to astonish.”—Publishers Weekly“Bad Behavior 101 . . . No, it’s not a day at Hunter S. Thompson’s ranch but . . . a day at an ordinary big ticket investment bank. . . . You’d be forgiven for keeping your money under the mattress henceforth.”—Kirkus Reviews“Stories . . . that entertainingly and unapologetically flesh out the excesses of the banking industry.”—Library Journal“Full of shocking lawlessness, boyish antics, and win-at-all-costs schemes, this is the definitive take on the excessive world of finance.”—IndieBound“Shocking.”—Times (UK)“Beyond the shock factor, it’s the humour in the book that stands out. . . . [LeFevre] flinches from nothing: the Herculean inappropriateness of trading-floor antics, the hookers, the cocaine. . . . This book is going to annoy and offend a lot of people, with good reason. It is a vicious, vacuous, caustic world he illuminates. But it would be a shameful waste if we didn’t have LeFevre to find the humour in it all.”—Euromoney
About the Author John LeFevre has enjoyed a distinguished career in international finance. He joined Salomon Brothers immediately out of college, and worked for Citigroup in New York, London, and Hong Kong. In 2010 he was hired by Goldman Sachs to be head of Debt Syndicate in Asia, a position that he eventually did not take due to a contractual issue. He has written for Business Insider and has been interviewed about @GSElevator by the "New York Times," CNN, and other outlets.
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Most helpful customer reviews
24 of 28 people found the following review helpful. Insane corruption. Very entertaining also. By Blue Icebreaker 4 1/2 stars. This book is great entertainment. It provides you with a rare opportunity to see the world of elite-level banking. The stories of deviance and debauchery are interesting. The persons involved are depicted in a very realistic and above all funny way. But this can be considered mere fun and trivia. As the author said in an interview, the real outrage comes from seeing how the bankers do business: they are all utterly corrupt.I have recently read Ice-T's autobiography. There is a revealing quote in it:"One thing I've learned from straddling two worlds: Hollywood is way more gangster than the streets. It comes down to this. The higher you go up the mountain, the colder it gets. I’ve been around some of the most ruthless gangsters in the streets of South Central L.A., but I’ve never seen anything like Hollywood’s gangsterism. When cats are dealing with billions of dollars, anybody—I mean, anybody—is expendable."Now imagine that multiplied by a billion. The world of banking is corrupt to the bone. The difference is that the 'collateral damage' are whole states, millions of people who aren't even aware why the system works the way it does and why the bailouts always cost the common man and not the bankers themselves.
9 of 10 people found the following review helpful. Breezy Beach Reading By Absinthe LeFevre's book makes for breezy beach reading. There are a few nuggets of information here, but most of his stories merely confirm what we already know: investment banksters are greedy, amoral narcissists who focus their life upon making a lot of money. Many if not most of them are sociopaths who indulge their own squalid pleasures instead of attempting to lead a virtuous life. In fact, they resemble politicians and entertainers ... um, and a few academics whom I have known.Whether it is worth the money and time a reader invests in it probably depends upon one's available wealth and leisure as well as upon one's interests. For my time and money, "Straight to Hell" is worth a quick laugh or two. In terms of abstract political-economic thought, Keynes and Hayek -- and their mutually respectful disputations -- remain unsurpassed in recent literature. The most valuable description of how The Money Power works today, IMHO, is still Doug Henwood's "Wall Street", to which I frequently return despite its age (1998).
43 of 59 people found the following review helpful. Supposedly reveals the "true soul of Wall Street" -- this may be the worst book that I have ever read... By Barry T. Malin I read frequently. I have a read many bad books. If I have ever finished a book that I detested more than "Straight to Hell," the experience has (thankfully) been suppressed. Why did I read the entire book? The genre of high-finance misdeeds is of interest, and I have read most of the key works--both the comparatively high-minded ("Barbarians at the Gate," "Den of Thieves," "The Smartest Guys in the Room," "Liar's Poker" etc.) and the relatively less so (e.g. "The Wolf of Wall Street"). I breezed through "Straight to Hell" in one sitting, as there really isn't much to it. The whole thing could have easily been pared down to a magazine article. The impetus to finish stemmed from some nagging curiousness about whether the would get any better. Spoiler alert: it doesn't. The only remarkable thing about "Straight to Hell" is that it manages to simultaneously be both so revolting and so...boring.The tedium starts straightaway, with LeFevre lovingly detailing his spirited misbehavior at Choate (he covertly kept a mini-fridge in his dorm-room!). There is a lot of reminiscing about people getting locked out of rooms naked. Actually, that sort of thing makes up the bulk of the whole book. The question of why any person of reasonable intelligence would possibly find this stuff interesting hangs like a thick blanket of smog over the entire desultory proceedings.As befits a finance expert, LeFevre loves numbers. His entire account is padded with them, although not in a way that is at all meaningful. Every lovingly-recounted episode of debauchery (i.e. every single chapter) is rife with quotidian statistics, primarily about how many bottles of wine were drunk, how many lines of cocaine snorted, and how long particular international flights last, along with an excruciating amount of detail about what specific times LeFevre went to bed and then got up to go to work. I had to go back and verify that Atlantic Monthly Press actually published this dreck. Sadly--they did.LeFevre manages to convey all the sordid details in an unwavering tone of smug self-satisfaction. It is really quite impressive that he was able to crank-out this whole pointless tome while avoiding any hint of reflection, insight or perspective. The entire financial crisis flies past in a few paragraphs. It is apparently self-evident to LeFevre that the crisis was caused not by people like himself but by...Barney Frank. The only reason the recession seems to register with LeFevre at all is that it results in a decreased workload for him and his girlfriend. As a result, they start to spend more time together and realize that they do not even like each other. This is all dispensed with rather quickly, however, so that the counting of bottles and lines can resume.Ultimately, the conflict that "Straight to Hell" inspires between indifference and disgust is definitively resolved with "loathsome" carrying the day. The final chapter is a set piece in which LeFevre engages in a sex tourism jaunt in the Philippines with a large cohort of investment banking colleagues, co-workers and clients. LeFevre recalls with evident fondness how much fun he had degrading sex workers, who he incessantly refers to as "Love Monkeys." The entire repellant stew of misanthropy, misogyny and unalloyed racism is whipped into a froth. If you are unfamiliar with the mechanics of "Monkey Love Bowling," LeFevre cheerfully explains how the pros do it: grease up the bar so that naked women can be "bowled" into a set-up of empty bottles.Despite the dismal paucity of writing talent on display, at least LeFevre knows not to bury the lead. From the prologue: "My objective is to unapologetically showcase the true soul of Wall Street...No epiphanies. No apologies. No f**ks given."As regards LeFevre-- read "Straight to Hell"...and you won't give a f**k about him either.
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Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre
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Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre
Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre
