Questions for Book Report on Liars Poker

1. Explain what the game liars poker is all about and why Michael Lewis used it in his book as a metaphor to describe the workplace (the culture at Salomon Brothers). Be sure to include experiences that occurred at the firm (that show the impact of the games objective- determine risk and avoid being figured out).

2. Explain what Lewis talked about in the book where economic decisions made at the national level (in the United States) impacted securities markets and made bonds a very lucrative business on Wall Street.

3. Describe three events (including the personalities involved) that occurred at Salomon Brothers during 1984-1987 that really struck you as memorable.