Ugly Americans: The True Story Of The Ivy League Cowboys Who Raided The Asian Markets For Millions
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Ben Mezrich, author of the New York Times bestseller Bringing Down the House, returns with an astonishing story of Ivy League hedge-fund cowboys, high stakes, and the Asian underworld.John Malcolm was the ultimate gunslinger in the Wild East, prepared to take on any level of risk in making mind-boggling sums of money. He and his friends were hedge-fund cowboys, living life on the adrenaline-, sex-, and drugs-fueled edge—kids running billion-dollar portfolios, trading information in the back rooms of high-class brothels and at VIP tables in nightclubs across the Far East.Malcolm and his Ivy League-schooled twenty-something colleagues, with their warped sense of morality, created their own economic theory that would culminate in a single deal the likes of which had never been seen before—or since.Ugly Americans is a story of extremes, charged with wealth, nerve, excess, and glamour. A real-life mixture of Liar's Poker and Wall Street, brimming with intense action, romance, underground sex, vivid locales, and exotic characters, Ugly Americans is the untold true story that rocked the financial community.

Paperback: 288 pages

Publisher: William Morrow Paperbacks; Reprint edition (April 26, 2005)

Language: English

ISBN-10: 0060575018

ISBN-13: 978-0060575014

Product Dimensions: 5.3 x 0.6 x 8 inches

Shipping Weight: 9.6 ounces (View shipping rates and policies)

Average Customer Review: 3.5 out of 5 stars  See all reviews (134 customer reviews)

Best Sellers Rank: #162,325 in Books (See Top 100 in Books) #17 in Books > Business & Money > Accounting > International #44 in Books > Business & Money > Investing > Futures #493 in Books > Business & Money > International

I have mixed feelings about this book but the overwhelming one is disappointment. Underneath, there is a tremendous story that begs, and needs, to be told, but unfortunately Mr Mezrich, for whatever reason, does not tell it. Im a pop-history junkie and I work in the financial industry so I was doubly excited about this book. I was expecting a detailed, inside account of a little known slice of recent financial history, something akin to Liar's Poker. But what this book provides is far short of that expectation. For one, the names of all the main players and pertinent details of their lives, except for the big dogs who could not be disguised like Joe Jett or Nick Leeson, are altered so you never really grow an attachment or a bond to any of the characters. "John Malcolm", the main character, is a made up name. My first thought was that these guys were in to something so juicy that in order to protect their lives their true identities couldnt be revealed. Mezrich even says this. So Im waiting all book to find out what it was. At the end of it, I was still waiting. Sure the book gives you a peep into the wild, rock-star lives of these "hedge fund cowboys", but thats all you get, a peep. As far as I can tell, the main characters ran a hedge fund in Japan that may or may not have been funded by the Yakuza (the Japanese mob) and because the main guy who ran the fund was so feared in Japan and southeast Asia, they were able to acquire favors and inside info which allowed them to make a killing. But you never find out why a skinny pasty white ivy-league American guy is so feared in Japan. So the book in essence is a work of fiction based on factual data and thus in no way at all has any historical worth.

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