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

Weijian Shan

Sep 2021 · Gildan Media · Narrated by David Shih

About this audiobook

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. Shan takes listeners 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.

About the author

Weijian Shan is chairman and CEO of PAG, a leading private equity firm. Previously, he was a partner at the private equity firm TPG and comanaging partner of TPG-Asia (formerly known as Newbridge Capital). He is the author of the bestselling memoir Out of the Gobi: My Story of China and America.

An AudioFile Earphones Award winner, David Shih narrated the History Channel documentary China's First Emperor and the Discovery Networks series Royal Inquest. His many television and film credits include roles in The Path, Law & Order: Special Victims Unit, All My Children, The Amazing Spider-Man 2, and Saving Face.