Money Games: The Inside Story of How American Dealmakers Saved Korea's Most Iconic Bank 1st Edition

The book contains vivid details of a live deal negotiation, chapters after chapters of how the counterparties went back and forth with their own stance over the course of 15 months of negotiation. I probably thought at one point TPG Chairman would have shut the negotiations down, but again the persistence pays off. The details of the deliberations were important for all finance practitioners to absorb.Am glad the author has written this book as it's a rare record written from the dealmaker's point of view. The analysis, thinking, tactics, deliberations, frustrations, were all a very useful guide to understand the inner workings. Overall I find the book nutritious, while I see that it’s dedicated to “all our limit partners”, but it’s actually useful to all finance practitioners out there. And it is a fun read with the author's subtle sense of humor.

After reading about the author's remarkable story in "Out of the Gobi," I could not wait for the release of his latest book. in "Money Games," Mr. Shan does a wonderful job of walking the reader through an intense turnaround story. This was incredibly challenging time with so much on the line - the details of the negotiations, turn-around and eventual exit were truly eye-opening, insightful and captivating. I would recommend this to any student of modern banking and finance. In fact, after reading the book, I've ordered 5 copies to share with family and some of my closest advisors.

This book gave a full account on what happened in South Korea banks during the Asian Financial Crisis and the changes that the financial regulators made for today’s successful and healthy South Korea banking sector.It is very rare for outsiders to learn about a PE deal from acquisition to disposition. It is a good book for anyone who is interested in finance or private equity. Shan has made it simple for anyone without a background in finance to follow and understand the book.

You don't have to be financial professionals to benefit from the book. The author himself in the beginning "has no clue what private equity is about", as put by David Bonderman when he hired him. Yet through his insider's experience of frustration and excitement, Shan shows you what it takes for a determined apprentice to achieve success that even masters admire. Money Games is actually not so much about money as about responsibilities and honesty, for in Shan's view, success is measured not just by the accumulation of one's own and investors' wealth, but the scale of positive impact on the societies at stake as well. Highly recommended!

I had read Weijian's Shan's first book, Out of the Gobi. It was a fascinating memoir of his early life in the Gobi during the Cultural Revolution. When I learned that the author was writing a second book, I couldn't wait for it to come out. This book is just as riveting as his first, focusing on his life as a finance professional in the world of private equity. It provided a fascinating look into one of the most significant financial transactions in Korea's modern history. Having read the author's first book, I had a great appreciation for the human element behind the transaction -- the tenacity and grit learned from his time in the Gobi played a major role in getting his transaction completed. I only wish the author's life story could be made into a movie.

This was a great book from start to finish, it was extremely interesting to read a first person account of an extremely complicated transaction.It's quite astonishing to see how much goes into a deal of this nature and the tireless hours of work put in by so many different parties.Great read with a good balance of drama. This is a hard book to put down.

Money Games is a “must read” for any student of banking and finance. Shan takes us through the lengthy negotiations which preceded one of the most successful private equity investments in Asia in the past 20 years, surmounting in the process any number of financial, cultural and regulatory hurdles. He distills complex financial issues so that they become simple to comprehend and brings alive the personalities involved in this wonderful book.

The book was an absolute fun and insightful read! I couldn't put it down! Shan gives his readers a rare and detailed look into this chapter of his life and his amazing storytelling abilities are again on full display. I would highly recommend this book to anyone who is interested in going behind the scenes of a buyout deal!