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Straight to Hell: True Tales of Deviance, Debauchery, and Billion-Dollar Deals, by John LeFevre
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“Some chick asked me what I would do with 10 million bucks. I told her I’d wonder where the rest of my money went.”—@GSElevator
Over the past three years, the notorious @GSElevator Twitter feed has offered a hilarious, shamelessly voyeuristic look into the real world of international finance. Hundreds of thousands followed the account, Goldman Sachs launched an internal investigation, and when the true identity of the man behind it all was revealed, it created a national media sensation—but that’s only part of the story.
Where @GSElevator captured the essence of the banking elite with curated jokes and submissions overheard by readers, Straight to hell adds John LeFevre’s own story—an unapologetic and darkly funny account of a career as a globe-conquering investment banker spanning New York, London, and Hong Kong. Straight to Hell pulls back the curtain on a world that is both hated and envied, taking readers from the trading floors and roadshows to private planes and after-hours overindulgence. Full of shocking lawlessness, boyish antics, and win-at-all-costs schemes, this is the definitive take on the deviant, dysfunctional, and absolutely excessive world of finance.
- Sales Rank: #1307852 in Books
- Brand: Grove Press / Atlantic Monthly Press
- Published on: 2015-07-16
- Original language: English
- Number of items: 1
- Dimensions: 8.50" h x .98" w x 5.31" l, .82 pounds
- Binding: Paperback
Review
A New York Times Bestseller
One of Entertainment Weekly’s 10 Must-Reads of Summer
A Time magazine Ultimate Summer Reads Pick
An Amazon Best Book of the Month in Business/Leadership & Humor/Entertainment
“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
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.
Most helpful customer reviews
5 of 5 people found the following review helpful.
Wonderful, incredible
By Barry A M
If you're looking for one possible road to hell, among the many that exist, this could be an option. Wonderful, incredible, almost unbelieveable stories of deceit, greed and corruption. Lefevre has a knack for storytelling and making it hilarious in the process. This is in line with stories from other people's experience in the industry, and considering Lefevre's reputation I doubt there is little, if any, embellishment. Great read, must have been one wild ride.
1 of 1 people found the following review helpful.
Funny big but probably fictional
By Shaheen
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.
3 of 3 people found the following review helpful.
Entertaining Read
By Braden Lenz
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 expos� on unethical business practices in Asian debt markets then I would give this a pass.
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