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"Writers aren't exactly people...they're a whole lot of people trying to be one person."
- F. Scott Fitzgerald
(1896 - 1940)
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ZIN Product Number: 10003607
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| | | |  | | | Product Details
 Format: Hardcover, 372 pages
Publisher: HarperCollins Publishers
ISBN: 0060008806
Release Date: Jan 4, 2002
Average Reader Review:  (Based on 1 review.)
| |  | | | In Brief
Cassidy, who covers economics and finance for The New Yorker, explains the Internet bubble that took plenty of big plans and the stock market with it when it burst in April 2000. He explores how the bubble got started, why it grew into a national mania—for supposedly objective reporters as well as for investment bankers and mutual fund managers—and what it continues to mean for the American economy. The bubble's fundamental lesson, he concludes, is that behavior that seems rational at the individual level can lead to a kind of collective insanity. Though it's up to journalists and the government to try to maintain sanity, neither proved up to the task in the face of widespread greed and wishful thinking. Annotation c. Book News, Inc., Portland, OR (booknews.com)
| | | | From The Publisher
In Dot.Con, John Cassidy argues that what we have witnessed was not just a stock market bubble, but a buying frenzy that drove the prices of dot-coms to stratospheric heights that were absolutely impossible to maintain. He explains how it happened and how all involved—fund managers, stock analysts, journalists—were simply acting in their own best interests. He focuses on the role played by entrepreneurs like Jeff Bezos, venture capitalists like John Doerr, Wall Street analysts like Mary Meeker, journalists like Maria Bartiromo, and policy-makers like Alan Greenspan. In a narrative that is lively and entertaining, Cassidy reveals how millions of ordinary Americans got caught up in this mirage and confused wishful thinking with reality—until the inevitable bust brought them to their senses.
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 | | | | | Number of Reviews: 1 Average Rating:
great book
-- A reviewer, internet programmer, March 4, 2002
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| | | | | | Keywords
United States, Finance, Stocks, Electronic commerce, Electronic trading of securities, Internet industry, Internet industry, United States, Finance, Electronic commerce, Stocks, Business / Economics / Finance, Business & Economics, E-Commerce - General, Corporate & Business History - General, Computer Industry, Investments & Securities - General, General, Current Affairs, Internet - General, Computers
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