Meet the Author: Jared Dillian, author of "Street Freak: Money and Madness at Lehman Brothers" - Thursday, September 22 at 7 p.m.
One of our favorite things about Fall is announcing our Fall Author Series.This fall, we're rich with memoirs, stories, and recipes that are all filled with a kind of rich-ness in one form or another. We hope that you'll join us for our upcoming Meet the Author events.
It all begins later in September and we'll be kicking it off with a memoir that you're sure to remember!
Author of Street Freak: Money and Madness at Lehman Brothers
Thursday, September 22 at 7 p.m.
Jared Dillian is the founder of the subscription-based, daily financial market report The Daily Dirtnap. He was a trader for Lehman Brothers from 2001 to 2008, specializing in index arbitrage and ETF trading and he had a great story to tell.
Street Freak: Money and Madness at Lehman Brothers takes readers behind the scenes at Lehman Brothers, exposing its insane and often hilarious corporate culture. Jared Dillian (pictured below, right) gives a colorful account of the final years of Lehman Brothers, from 9/11 at their Ground Zero offices through the firm’s bankruptcy, including vivid portraits of trading-floor culture, the financial meltdown, and the company’s ultimate collapse – all while Dillian fought his own personal battle with mental illness.
On the day that Jared Dillian, a young Lehman Brothers associate, had an important interview that would decide which division he would be assigned, the world changed forever – the day was 9/11 and across the street at Lehman Brother’s World Financial Center offices, Dillian watched the World Trade Center destroyed before his eyes.
In this ultra-competitive Ivy League world where men would flip over each other’s ties to check out the labels (also known as the “Lehman Handshake”), Jared Dillian was an outsider as an ex-military, working-class guy in a Men’s Wearhouse suit. Dillian was scrappy and determined; in interviews he told potential managers that, “Nobody can work harder than me. Nobody is willing to put in the hours I will put in. I am insane.” As it turned out, on Wall Street, insanity is not an undesirable quality.
A couple of years later and Jared had risen to become Lehman’s head Exchange Traded Fund trader at time of unprecedented prosperity for Lehman Brothers. Dillian is an integral part of the firm in its final years and more than $1 trillion in wealth passed through his hands. But the exhilarating and explosively stressful job took its toll on Dillian, exacerbating the symptoms of his undiagnosed bipolar disorder, leading to a downward spiral that landed him in a psychiatric ward. Dillian put his life back together coming back to work healthier than ever before, but he soon realized that Lehman itself had seemingly gone mad, having made outrageous bets on commercial real estate and was quickly headed for self-destruction.
Advance Praise for Street Freak:
“This revealing, personal memoir of a volatile period in the dual lives of a big-time trader and the fallen American giant Lehman Brothers is depicted in the fueled words of Dillian, a major figure at the company… Dillian offers a candid look at the demise of a corporate behemoth.” —Publishers Weekly
“A scathing critique of selfish, scrambling men so driven to earn a buck that they lose all sight of the world beyond the tickers….[Dillian’s] outsider status serve[s] as a great attribute, offering him a clearer view of an industry both morally and economically bankrupt.” —Kirkus
Advance Notice of Upcoming Fall Author Series Events:
- Thursday, November 17 at 7 p.m. -- The Beekman Boys (Josh Kilmer-Purcell and Dr. Brent Ridge), authors of The Beekman 1802 Heirloom Cookbook: Heirloom Fruits and Vegetables, and More Than 100 Heritage Recipes to Inspire Every Generation
- Monday, November 28 at 7 p.m. -- Amanda Hesser and Merrill Stubbs, authors of The Food52 Cookbook: 140 Winning Recipes from Exceptional Home Cooks (This author appearance is made possible by Barrett Bookstore.)
All Author Series programs will feature a book signing and refreshments. Books will be available for purchase at each event.
Additional parking for evening and weekend Library programs on Thorndal Circle (behind Nielsen’s).