Described by the New York Times Book Review as "worthy of being on the same shelf" as Liar's Poker, Greed and Glory on Wall Street, and Barbarians at the Gate, this eye-opening business history explains how Washington and Wall Street cut the deals that led to a decade of greed. For the Securities and Exchange Commission, the 1980's brought sweeping changes. Under the sway of Reaganomics and the leadership of John Shad, the SEC came down hard on insider trading but introduced wide-ranging deregulation to the stock market, which helped to both fuel the legendary bull market and sow the seeds of the 1987 crash. Shad, a former vice-chairman of the brokerage firm EF Hutton & Company and the first Wall Street executive to lead the SEC since Joseph Kennedy, was a true believer in the free market. His tenure touched all the big headlines and enduring images of this tumultuous decade, from leveraged buyouts to junk bonds, Manhattan skyscrapers to Senate hearing rooms, Michael Milken to T. Boone Pickens.
"Greed and Glory on Wall Street…Bonfire of the Vanities…Barbarians at the Gate…Liar's Poker…Now comes fifth book worthy of being on the same shelf: Eagle on the Street, a spellbinding account of a decade of mergers, junk bonds, and insider trading scandals...The beauty of the author's intriguing story is that many will relish the book even while coming to different conclusions."
New York Times Book Review
"A well-told tale of a decent man picked for an unsuitable job…a story of surpassing importance."
