BY THE SAME AUTHOR

Why Wall Street Matters

The Price of Silence: The Duke Lacrosse Scandal, the Power of the Elite, and the Corruption of Our Great Universities

Money and Power: How Goldman Sachs Came to Rule the World

House of Cards: A Tale of Hubris and Wretched Excess on Wall Street

The Last Tycoons: The Secret History of Lazard Frères & Co.

William D. Cohan


WHY WALL STREET MATTERS

ALLEN LANE

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First published in the United States of America by Random House, an imprint and division of Penguin Random House LLC 2017

First published in Great Britain by Allen Lane 2017

Copyright © William D. Cohan, 2017

Grateful acknowledgment is made to Minotaur Books, an imprint of St. Martin’s Press, LLC for permission to reprint an excerpt from Incendiary: The Psychiatrist, The Mad Bomber, and the Invention of Criminal Profiling by Michael Cannell, copyright © 2017 by Michael Cannell. Reprinted by permission of Minotaur Books, an imprint of St. Martin’s Press, LLC. All rights reserved.

The moral right of the author has been asserted

Cover design: Dan Donohue

ISBN: 978-0-241-30963-6

To Teddy, Quentin, and Deb