In 2000, David Denby's life was turned upside down when his wife announced that she was leaving him, and he faced the threat of losing his beloved apartment in the split. Bolstered by the "irrational exuberance" of the stock market, he joined the investment frenzy with the goal of being able to buy out his wife's share of the apartment. Denby gathered courage from stock analysts, tech gurus, and lying CEOs at investment conferences. He befriended tech stars like ImClone founder Sam Waksal and Merrill Lynch analyst Henry Blodget, both now disgraced in scandals. He plunged into a season of mania, with cataclysmic results. American sucker is his account of those years of madness, and then of recovered sanity, written with the rueful insights and bitter humor only a wiser man could attain.
"In 2000, David Denby's life was turned upside down when his wife announced that she was leaving him, and he faced the threat of losing his beloved apartment in the split. Bolstered by the "irrational exuberance" of the stock market, he joined the investment frenzy with the goal of being able to buy out his wife's share of the apartment. Denby gathered courage from stock analysts, tech gurus, and lying CEOs at investment conferences. He befriended tech stars like ImClone founder Sam Waksal and Merrill Lynch analyst Henry Blodget, both now disgraced in scandals. He plunged into a season of mania, with cataclysmic results. American sucker is his account of those years of madness, and then of recovered sanity, written with the rueful insights and bitter humor only a wiser man could attain."@en
"The account of the years of madness and then of recovered sanity by the author after his wife left him and he was determined to keep his New York apartment and so plunged into a season of mania in the stock market, swept forward on the currents of greed, hucksterism, and native American optimism."@en
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