The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street Free Audiobook Download by Sujeet Indap,Max Frumes
In the 1970s, Caesars Palace was one of the most famous casinos in Las Vegas. It attracted gamblers from around the world to its 5,000 slot machines and giant roulette wheels. But a billionaire's feisty brawl over control of his casino exposed the dirty secrets inside this resort. Wall Street billionaires like Jay Pritzker and Jerry Perenchio thought they could seize control of Caesars by controlling what stockholders did or didn't do with their shares.
The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street is written by Sujeet Indap Max Frumes. The book chronicles a story of how, in December 2009, the powerful Caesar's Entertainment Corporation was muscled out of its lease on the most famous casino in Las Vegas, Caesars Palace. The author and co-author were two journalists who covered this event. They discovered that a small group of powerful investors worked together to leverage their billions to pull off what they dubbed as "The Coup."
As a Wall Street insider, he knew how to play the game, and was paid handsomely for his skills. But in 2007, Sujeet Indap Max Frumes found himself on the opposite side of the table. He was on trial for allegedly orchestrating a coup that ousted Caesars Palace's CEO over weak financial reporting. Frumes had gone from being a player to an outcast, just one of many casualties of the global recession.
In the summer of 2009, a group of billionaires from Chicago and Vegas were in a battle for control of Caesars Palace, one of the most famous hotels in the world.
The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street is the true story of the epic struggle by a group to fight against one of America's most powerful casinos and an heir to the Rockefeller fortune. The book begins with an account of how John D. Rockefeller's family wealth was used to finance terrorism in order to extort money from nations around the world.
Published Date | 2021-03-16 |
Duration | 12 hours 22 minutes |
Author | Sujeet Indap, Max Frumes |
Narrated | Chris Kipiniak |
Reviews | |
Abridged | No |
Is It Free? | 30-days Free |
Category | Business & Economics |
Parent Category | Business Development |