Waffle Street: The Confession and Rehabilitation of a Financier

by James Adams Narrated by Scott Merriman

Overview

Jimmy Adams was laid off from a hedge fund in early 2009. Wearied by eight years in the bond market and disillusioned by the financial services profession, he decides to get an “honest job” for a change. Before he knows what hit him, Jimmy finds himself waiting on tables of barflies at his local Waffle House.

Amidst the glorious chaos of the night shift, the 24-hour diner affords a bevy of comedic experiences as the author struggles to ingratiate himself with a motley crew of waiters and cooks. Unexpectedly, the restaurant also becomes a font of insight into financial markets and the human condition.

In a uniquely hilarious and thought-provoking narrative, Waffle Street unravels the enigmas of money, banking, economics, and grits once and for all. As they laugh heartily at the author's expense, readers will develop a profound appreciation for the first principle of economics: there really is no such thing as a free lunch.

Product Details

BN ID:	2940173758729
Publisher:	Brilliance Audio
Publication date:	08/02/2016
Edition description:	Unabridged

Read an Excerpt

“The sense of helplessness which unemployment brings to a man is an affliction of the spirit even heavier than the material loss which accompanies it.” —Henry Clay

If initial appearances were any indicator, Friday, January 16, 2009 was well on its way to being an aberrantly upbeat day in the capital markets. Bank of America confirmed it would receive $138 billion of government aid to mitigate losses related to its purchase of Merrill Lynch. Citigroup reported an $8.3 billion quarterly loss as its management announced plans to split the sprawling financial conglomerate in two. Bank of America and Citigroup shares rose 12% and 17%, respectively, as investors were heartened by the government support and restructuring plan.

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