Ben Mezrich, author of the New York Times bestseller Bringing Down the House, returns with an astonishing story of Ivy League hedge-fund cowboys, high stakes, and the Asian underworld. Ugly Americans is the true story of John Malcolm, a hungry young Princeton grad who traveled halfway around the world in search of the American dream and ultimately pulled off a trade that could, quite simply, be described as the biggest deal in the history of the financial markets. After receiving a mysterious phone call promising him a shot at great fortune in an exotic land, Malcolm packed up his few belongings and took the chance of a lifetime. Without speaking a word of Japanese, with barely a penny in his pocket, Malcolm was thrown into the bizarre, adrenaline-fueled life of an expat trader. Surrounded by characters ripped right out of a Hollywood thriller, he quickly learned how to survive in a cutthroat world—at the feet of the biggest players the markets have ever known. Malcolm was first an assistant trading huge positions for Nick Leeson, the twenty-six-year-old rogue trader who lost nearly two billion dollars and brought down Barings Bank—the oldest in England. Then he was the right-hand man to an enigmatic and brilliant hedge-fund cowboy named Dean Carney, and grew into one of the biggest derivatives traders in all of Asia. Along the way, Malcolm fell in love with the daughter of a Yakuza gangster, built a vast fortune out of thin air, and came head-to-head with the violent Japanese mobsters who helped turn the Asian markets into the turbulent casino it is today. Malcolm and his twentysomething, Ivy League schooled colleagues, with their warped sense of morality and proportion, created their own economic theory: Arbitrage with a Battle Axe. They rode the crashing waves of the Asian markets during the mid- to late 1990s, culminating in a single deal the likes of which had never been seen before—or since. A real-life mixture of Liar's Poker and Wall Street, brimming with intense action, romance, underground sex, vivid locales, and exotic characters, Ugly Americans is the untold, true story that will rock the financial community and redefine an era.
Author
Ben Mezrich has created his own highly addictive genre of nonfiction, chronicling the amazing stories of young geniuses making tons of money on the edge of impossibility, ethics, and morality. With his newest non-fiction book, Once Upon a Time in Russia, Mezrich tells his most incredible story yet: A true drama of obscene wealth, crime, rivalry, and betrayal from deep inside the world of billionaire Russian Oligarchs. Mezrich has authored sixteen books, with a combined printing of over four million copies, including the wildly successful Bringing Down the House: The Inside Story of Six M.I.T. Students Who Took Vegas for Millions, which spent sixty-three weeks on the New York Times bestseller list, and sold over 2 million copies in fifteen languages. His book, The Accidental Billionaires: The Founding of Facebook, a Tale of Sex, Money, Genius and Betrayal – debuted at #4 on the New York Times list and spent 18 weeks in hardcover and paperback, as well as hit bestseller lists in over a dozen countries. The book was adapted into the movie The Social Network –written by Aaron Sorkin and directed by David Fincher – and was #1 at the box office for two weeks, won Golden Globes for best picture, best director, best adapted screenplay, best score, and was nominated for 8 Oscars, winning 3 including best Adapted Screenplay for Aaron Sorkin. Mezrich and Aaron Sorkin shared a prestigious Scripter Award for best adapted screenplay as well.
