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Meet the Street: Dissecting the Dot-Com Debacle

 

Many catchy phrases have been inspired by the dot-com downfall: dot-bomb, dot-carnage, dot-gone. Now you can add dot-con to the list.


John Cassidy
Author,
Dot.con: The Greatest Story Ever Sold
Recent Meet the Streets
Compensation Design Group's
Frank Glassner
Needham's
Dan Scovel
Penn State Professor Emeritus,
John A. Lucas
Federated Investors'
Jim Zhao
Salomon Smith Barney's
Alex Henderson
Life Sciences Group's
Jim Fiore

In Dot.con: The Greatest Story Ever Sold, business and economics writer John Cassidy tells the sorry tale of the billions of dollars raised and subsequently lost during the dot-com gold rush of the mid-to-late 1990s. Two of the leading analysts at the eye of the storm, Mary Meeker of Morgan Stanley Dean Witter and Henry Blodget of Merrill Lynch, certainly bear some of the responsibility, Cassidy says.

But so does the rest of the investment industry, he says, from the venture capitalists in Silicon Valley to the underwriters in the canyons of Wall Street. ...

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