Money Games, Weijian Shan
Money Games, Weijian Shan
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Money Games
The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank

Author: Weijian Shan

Narrator: David Shih

Unabridged: 12 hr 24 min

Format: Digital Audiobook Download

Publisher: Ascent Audio

Published: 09/08/2021


Synopsis

Money Games is a riveting tale of one of the most successful buyout deals ever: the acquisition and turnaround of what used to be Korea's largest bank by the American firm Newbridge Capital. Full of intrigue and suspense, this insider's account is told by the chief architect of the deal itself, the celebrated author and private equity investor Weijian Shan. With billions of dollars at stake, and the nation's economic future on the line, Newbridge Capital sought to become the first foreign firm in history to take control of one of Korea's most beloved financial institutions.

Shan takes listeners inside the battle to win control of the bank—a delicate, often exasperating process that meant balancing the goals of Newbridge with those of the government, bank employees, and Korea's powerful industrial titans.

Finally, the author describes how Newbridge transformed and rebuilt the struggling bank into a shining example of modern banking—as well as a massively profitable investment. In the secret world of private equity, few buyouts have been written about with such clarity, detail, and insight—and none with such completeness, covering not only the dealmaking but also the transformation and eventual exit of the investment.


Reviews

Goodreads review by Cedric on March 15, 2021

I started reading this at around 7pm one night, and then found that I couldn't stop. Shan Weijian's pitch for this book is simple, and I shall state it in his words: “Private equity is the art of using other people's money (usually) to make investments in private markets (usually), as opposed to buyi......more

Goodreads review by Stephan on November 22, 2020

The shrouded mystery of the private equity space revealed. This book is the ticket to understanding the private equity dealmaking from start to end, more specifically a bank purchase. (A good 8 years; From 1997 Asian Financial Crisis (AFC) - 2005 distilled into a book) It entails the mental vigour an......more

Goodreads review by Eileen on March 08, 2021

Enjoyed this read entirely. Actually, i caught sight of a man at % coffee shop reading this book. He caught my attention as he was animatedly on the phone while having the book at the side of the table. The impression that he gave me was one of a busy banker making alot of money. I then peered acros......more

Goodreads review by Phil on April 14, 2024

A meticulously detailed account of a major private equity deal from start to finish to exit. Provides the reader with an educational account of the inner workings of major deals, along with a crash course in banking.......more

Goodreads review by Matthew on December 30, 2020

I read this book because Shan's first book, Out of the Gobi, is one of my favorites. This book is completely different. It is not really autobiographical. Rather, it is a page turning blow by blow of one of Shan's private equity deal. Even though the deal took place in a somewhat unusual context--Ko......more