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Product Description Money Games is a riveting tale of one of the most successful buyout deals ever: the acquisition and turnaround of what used to be Korea’s largest bank by the American firm Newbridge Capital. Full of intrigue and suspense, this insider's account is told by the chief architect of the deal itself, the celebrated author and private equity investor Weijian Shan. With billions of dollars at stake, and the nation's economic future on the line, Newbridge Capital sought to become the first foreign firm in history to take control of one of Korea’s most beloved financial institutions. In a proud country still reeling from a humiliating International Monetary Fund bailout in the Asian Financial Crisis, Newbridge Capital had to muster every ounce of skill, determination, and patience to bring the deal to closing. Shan takes readers inside the battle to win control of the bank―a delicate, often exasperating process that meant balancing the goals of Newbridge with those of the government, bank employees, and Korea's powerful industrial titans. Finally, the author describes how Newbridge transformed and rebuilt the struggling bank into a shining example of modern banking―as well as a massively profitable investment. In the secret world of private equity, few buyouts have been written about with such clarity, detail, and insight―and none with such completeness, covering not only the dealmaking but also the transformation and eventual exit of the investment. For anyone who has ever wondered how private equity investors strike bargains, turn around businesses, and create immense value―or anyone interested in a captivating story of high-stakes money-making―this book is a must-read. From the Inside Flap Money Games is a riveting tale of one of the most successful buyout deals ever: the acquisition and turnaround of what used to be Korea's largest bank by the American firm Newbridge Capital. Full of intrigue and suspense, this insider's account is told by the chief architect of the deal itself, the celebrated author and private equity investor Weijian Shan. With billions of dollars at stake, and the nation's economic future on the line, Newbridge Capital sought to become the first foreign firm in history to take control of one of Korea's most beloved financial institutions. In a proud country still reeling from a humiliating International Monetary Fund bailout in the Asian Financial Crisis, Newbridge Capital had to muster every ounce of skill, determination, and patience to bring the deal to closing. Shan takes readers inside the battle to win control of the bank ― ;a delicate, often exasperating process that meant balancing the goals of Newbridge with those of the government, bank employees, and Korea's powerful industrial titans. Finally, the author describes how Newbridge transformed and rebuilt the struggling bank into a shining example of modern banking ― ;as well as a massively profitable investment. In the secret world of private equity, few buyouts have been written about with such clarity, detail, and insight ― ;and none with such completeness, covering not only the dealmaking but also the transformation and eventual exit of the investment. For anyone who has ever wondered how private equity investors strike bargains, turn around businesses, and create immense value ― ;or anyone interested in a captivating story of high- ;stakes money- ;making ― ;this book is a must- ;read. From the Back Cover Praise for MONEY GAMES "Dealmaker Weijian Shan has given us the full story of one of the most profitable acquisitions and successful turnarounds of the Asian Financial Crisis, as well as intimate and valuable personal insights. I recommend it for everyone who has ever wondered how the acquisitions we read about are accomplished." ―Howard Marks, Founder and Co-Chairman, Oaktree Capital Management; author, Mastering the Market Cycle: Getting the Odds on Your Side "Weijian Shan's story of a banking takeover launched in th