Payback

Daniel R. Fischel

at 250 WPM

5h 32m

The average reader, reading at a speed of 250 WPM, would take 5h 32m to read Payback.

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12

days at 30 min/day

332

total minutes

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Payback

by Daniel R. Fischel

July 1995

HarperCollins Publishers

332

9780887307577

0887307574

Description

According to James Stewart's Den of Thieves, what happened on Wall Street in the '80s was really simple. Due to the crimes of Michael Milken and others, Stewart states: "the ownership of entire corporations changed hands, often forcibly, at a clip never before witnessed," "[h]ousehold names ... vanished in takeovers that spawned criminal activity and violations of the securities laws," "thousands of workers lost their jobs," "profits were sacrificed," and "bondholders and shareholders lost many millions more." "These," he writes, "are the costs of greed coupled with market power." But according to Daniel Fischel, this popular view is completely wrong. In his revolutionary book Payback, Daniel Fischel blows away the conventional wisdom on Michael Milken and the myth of the "decade of greed." Countering the press reports, prosecutors' statements, and denouncements by corporate boards, Fischel shows how Milken's innovative ideas overthrew a generation of inefficient corporate managers and injected a much needed dose of adrenaline into a lethargic Wall Street. Indeed, Fischel argues, Milken himself was wrongly accused and in reality committed no crimes.

Frequently Asked Questions

How many pages are in Payback?

This edition of Payback has approximately 332 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.

How long does it take to read Payback?

For most readers, Payback typically takes between 6h 55m and 4h 37m to complete. This is based on the book's length of approximately 83,000 words and common reading speeds.

Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 5h 32m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 12 days • Estimated word count: 83,000 words

Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.

What is the word count of Payback?

The estimated word count for Payback is approximately 83,000 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.

This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.

Who is the author of Payback?

Payback was written by Daniel R. Fischel.

When was Payback published?

The publication date for this specific edition is July 1995. The original work may have been published on a different date.