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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/EntertainmentA Publishers Weekly Notable Debut and Bestseller (#18)“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
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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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Product details
Paperback: 336 pages
Publisher: Grove Press; Reprint edition (May 10, 2016)
Language: English
ISBN-10: 0802125212
ISBN-13: 978-0802125217
Product Dimensions:
5.4 x 1 x 8.2 inches
Shipping Weight: 12 ounces (View shipping rates and policies)
Average Customer Review:
3.8 out of 5 stars
285 customer reviews
Amazon Best Sellers Rank:
#68,806 in Books (See Top 100 in Books)
John is not a very likeable person in most of these vignettes. As a result, the funniest story by far is when you picture him sitting on the toilet in a corporate jet, for once humiliated himself instead of dishing it out. Otherwise he comes off as an entitled elitist rich boy who never outgrows his immature prep school ways and squanders his career. Other reviews hint at proven exaggerations after fact checking, and he himself name drops several times that he was later hired as an MD by Goldman Sachs... conveniently omitting that although offered, it fell through and he never actually worked for GS. So add embellisher to the list.Not surprising then that he was assigned to the second tier markets of Europe and Asia, not in New York with the true masters of the universe. Maybe being a coked up, blackout drunk does limit one’s career. My other complaint was how he openly disparaged Filipino women as little brown love monkeys, and yet he was too afraid to print the punch line to a joke about Blacks which he himself didn’t even tell.On the positive side, I did find one or two of his tweets at the start of every chapter pretty funny. Finally, it would have been nice to end the book less abruptly. No brief update on the rest of his career, certainly no reflection on what he did and what he learned from it. You know he’s smart enough to realize what a jerk he was, yet there are no apologies and one senses he would do it all over again.
The book is really entertaining. All the deviance that are said about Wall Street is thoroughly pictures here. I did some research on the author and found some articles where they had done fact checks and interviews with his colleagues. Looks like fiction and exaggeration played a major role during the writing process. For example, one debunked story was the fight with Manchester United squad in Hong Kong. Based on the information the author provides about the deal he was working on when the fight happened, the timeline would suggest 2006. Apparently Manchester United never had any Hong Kong tour in 05, 06 or 07.But all in all, it's a very funny and entertaining read, which would probably make a good movie too.
Let's be real. This isn't a classic. This isn't literature. It's entertainment. But is it ever entertaining! I read this book quickly on a trip and couldn't help but laughing throughout out loud. Don't believe half of it, but the likely embellished stories are definitely a riot and worth the read.
The title is appropriate. The worst part about this book was that it ended. I could not put it down, and was entertained throughout. This even pushed my curiousity further into the business and other books of this nature.Glad I bought it, and I hope he writes more.
Having worked within the financial services industry, I found this book to be especially entertaining. It's a mashup of investment banking culture and "I Hope They Serve Beer in Hell". I personally feel that if you do not have much exposure to financial lingo then it may be less entertaining to read. Additionally, if you are looking for a serious exposé on unethical business practices in Asian debt markets then I would give this a pass.
This book is laugh at loud hilarious on every page. Who would have thought that John could have gone through so many bags of cocaine on a random Tuesday? The storytelling is excellent.I would be interested to know how much the austerity (fake or otherwise) of the financial crisis has changed banking culture since John left the business and started peddling his sock startup.
Used for a college course
Very interesting read about one Wall Street veteran's wily experience of working for a bank processing bonds and aftermarket sordid affairs with liquor, cocaine, asian prostitutes, and rap music. Recommended book.
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