Greed and Glory on Wall Street PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Greed and Glory on Wall Street PDF full book. Access full book title Greed and Glory on Wall Street by Ken Auletta. Download full books in PDF and EPUB format.
Author: Ken Auletta
Publisher: Open Road Media
ISBN: 1504018605
Category : Business & Economics
Languages : en
Pages : 314
Get Book Here
Book Description
The inside account of a financial meltdown that reshaped Wall Street In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power struggles that brought about Peterson’s departure and the eventual sale of one of Wall Street’s oldest and most prestigious firms. Set against the backdrop of the 1980s stock exchange, where hotshot young traders made and lost millions in a single afternoon, the story of Lehman’s fall is a suspenseful battle of wills between bankers, traders, and executives motivated by greed, envy, and ego. Auletta, who conducted hundreds of hours of interviews and was granted access to private company records, has crafted a thorough, enduring, and engaging account of pivotal events that continued to influence this storied financial institution until its ultimate demise in 2008.
Author: Ken Auletta
Publisher: Open Road Media
ISBN: 1504018605
Category : Business & Economics
Languages : en
Pages : 314
Get Book Here
Book Description
The inside account of a financial meltdown that reshaped Wall Street In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power struggles that brought about Peterson’s departure and the eventual sale of one of Wall Street’s oldest and most prestigious firms. Set against the backdrop of the 1980s stock exchange, where hotshot young traders made and lost millions in a single afternoon, the story of Lehman’s fall is a suspenseful battle of wills between bankers, traders, and executives motivated by greed, envy, and ego. Auletta, who conducted hundreds of hours of interviews and was granted access to private company records, has crafted a thorough, enduring, and engaging account of pivotal events that continued to influence this storied financial institution until its ultimate demise in 2008.
Author: Sean Deveney
Publisher: Simon and Schuster
ISBN: 1510730648
Category : Sports & Recreation
Languages : en
Pages : 459
Get Book Here
Book Description
On October 28, 1986, just one day after winning one of the most thrilling World Series in history, the New York Mets were feted by more than two million fans with a parade through the city. In news accounts of the event, there was a small aside, as this one in the New York Times: "Notable in his absence was the pitcher Dwight Gooden, who Mets officials later said had overslept." No, the Mets' twenty-one-year-old phenom had not slept too late. He had not slept at all, in fact. For Gooden, his postgame champagne celebration kicked off a cocaine binge that took him to a club in Long Island and wound up with him, wired, watching his teammates roll through the streets as he sat with strangers in a public housing project. Such were the 1980s in New York City, a gilded era buttressed by fast money from a real estate boom and the explosion of Wall Street wealth. The Mets and Giants, bolstered by lightning-rod personalities like Gooden and Lawrence Taylor, brought the city sporting glory while its celebrity wealthy added a tabloid-friendly touch of intrigue and national envy. Iconoclastic real estate developer Donald Trump gained national celebrity for his deal-making skill and the flaunting of his outsize ego. Even mayor Ed Koch had gained coast-to-coast fame and mention as a potential future president. Beneath the opulence was a tenuous foundation, one that collapsed spectacularly over the last half of the decade. Away from the cameras focused on the city's nouvelle riches, New York was beset by crisis after crisis--homelessness, AIDS, crack cocaine, organized crime. The swell of outrage over the unwillingness of the city elite to address those problems took years to finally reach a tipping point. Through interviews and detailed research, Greed and Glory gives the narrative of New York during these times, tracing the arc of its sports heroes and celebrities of that era, from their memorable highs to their ultimate lows.
Author: Ken Auletta
Publisher: Penguin
ISBN: 1101151404
Category : Business & Economics
Languages : en
Pages : 404
Get Book Here
Book Description
A revealing, forward-looking examination of the outsize influence Google has had on the changing media Landscape. There are companies that create waves and those that ride or are drowned by them. As only he can, bestselling author Ken Auletta takes readers for a ride on the Google wave, telling the story of how it formed and crashed into traditional media businesses?from newspapers to books, to television, to movies, to telephones, to advertising, to Microsoft. With unprecedented access to Google?s founders and executives, as well as to those in media who are struggling to keep their heads above water, Auletta reveals how the industry is being disrupted and redefined. Using Google as a stand-in for the digital revolution, Auletta takes readers inside Google?s closed-door meetings and paints portraits of Google?s notoriously private founders, Larry Page and Sergey Brin, as well as those who work with?and against?them. In his narrative, Auletta provides the fullest account ever told of Google?s rise, shares the ?secret sauce? of Google?s success, and shows why the worlds of ?new? and ?old? media often communicate as if residents of different planets. Google engineers start from an assumption that the old ways of doing things can be improved and made more efficient, an approach that has yielded remarkable results? Google will generate about $20 billion in advertising revenues this year, or more than the combined prime-time ad revenues of CBS, NBC, ABC, and FOX. And with its ownership of YouTube and its mobile phone and other initiatives, Google CEO Eric Schmidt tells Auletta his company is poised to become the world?s first $100 billion media company. Yet there are many obstacles that threaten Google?s future, and opposition from media companies and government regulators may be the least of these. Google faces internal threats, from its burgeoning size to losing focus to hubris. In coming years, Google?s faith in mathematical formulas and in slide rule logic will be tested, just as it has been on Wall Street. Distilling the knowledge accrued from a career of covering the media, Auletta will offer insights into what we know, and don?t know, about what the future holds for the imperiled industry.
Author: Ken Auletta
Publisher: Open Road Media
ISBN: 1504093577
Category : History
Languages : en
Pages : 437
Get Book Here
Book Description
The acclaimed author and New Yorker columnist delves into the core of American poverty in the early 1980s: “Invaluable.” —The Washington Post First appearing as a three-part series in the New Yorker, Ken Auletta’s The Underclass provides an enlightening look at the lives of addicts, dropouts, ex-convicts, welfare recipients, and individuals experiencing homelessness. Auletta’s investigation began with a seemingly simple goal: to find out who exactly makes up the poorest of the poor, and to trace the many paths that took them there. As the author follows 250 hardened members of this “underclass,” he focuses on efforts to help them reconstruct their lives and find a functional place in mainstream society. Through the lives of the men and women he encounters, Auletta discovers the complex truths that have made hard-core poverty in America such an intractable problem. In a nation where poverty and welfare rolls are declining but the underclass persists, the United States is as conflicted as ever about its responsibilities toward all its people. With his empathy, insight, and expert reportage, Auletta’s The Underclass remains as pertinent as ever.
Author: Ken Auletta
Publisher: Penguin
ISBN: 0735220875
Category : Social Science
Languages : en
Pages : 370
Get Book Here
Book Description
An intimate and profound reckoning with the changes buffeting the $2 trillion global advertising and marketing business from the perspective of its most powerful players, by the bestselling author of Googled Advertising and marketing touches on every corner of our lives, and is the invisible fuel powering almost all media. Complain about it though we might, without it the world would be a darker place. And of all the industries wracked by change in the digital age, few have been turned on its head as dramatically as this one has. We are a long way from the days of Don Draper; as Mad Men is turned into Math Men (and women--though too few), as an instinctual art is transformed into a science, the old lions and their kingdoms are feeling real fear, however bravely they might roar. Frenemies is Ken Auletta's reckoning with an industry under existential assault. He enters the rooms of the ad world's most important players, some of them business partners, some adversaries, many "frenemies," a term whose ubiquitous use in this industry reveals the level of anxiety, as former allies become competitors, and accusations of kickbacks and corruption swirl. We meet the old guard, including Sir Martin Sorrell, the legendary former head of WPP, the world's largest ad agency holding company; while others play nice with Facebook and Google, he rants, some say Lear-like, out on the heath. There is Irwin Gotlieb, maestro of the media agency GroupM, the most powerful media agency, but like all media agencies it is staring into the headlights as ad buying is more and more done by machine in the age of Oracle and IBM. We see the world from the vantage of its new powers, like Carolyn Everson, Facebook's head of Sales, and other brash and scrappy creatives who are driving change, as millennials and others who disdain ads as an interruption employ technology to zap them. We also peer into the future, looking at what is replacing traditional advertising. And throughout we follow the industry's peerless matchmaker, Michael Kassan, whose company, MediaLink, connects all these players together, serving as the industry's foremost power broker, a position which feasts on times of fear and change. Frenemies is essential reading, not simply because of what it says about this world, but because of the potential consequences: the survival of media as we know it depends on the money generated by advertising and marketing--revenue that is in peril in the face of technological changes and the fraying trust between the industry's key players.
Author: David A. Vise
Publisher: Open Road Media
ISBN: 1504045025
Category : Business & Economics
Languages : en
Pages : 320
Get Book Here
Book Description
A “spellbinding account” of Wall Street deregulation in the 1980s, based on a Pulitzer Prize–winning Washington Post series (The New York Times Book Review). Described by the New York Times Book Review as “worthy of being on the same shelf” as Liar’s Poker, Greed and Glory on Wall Street, and Barbarians at the Gate, this eye-opening business history explains how Washington and Wall Street cut the deals that led to a decade of greed. For the Securities and Exchange Commission, the 1980s brought sweeping changes. Under the sway of Reaganomics and the leadership of John Shad, the SEC came down hard on insider trading but introduced wide-ranging deregulation to the stock market, which helped to both fuel the legendary bull market and sow the seeds of the 1987 crash. Shad, a former vice-chairman of the brokerage firm EF Hutton & Company and the first Wall Street executive to lead the SEC since Joseph Kennedy, was a true believer in the free market. His tenure touched all the big headlines and enduring images of this tumultuous decade, from leveraged buyouts to junk bonds, Manhattan skyscrapers to Senate hearing rooms, Michael Milken to T. Boone Pickens. David A. Vise and Steve Coll won the Pulitzer Prize for the original reporting in the Washington Post that would become Eagle on the Street. In an era when the costs, benefits, and risks of deregulation are under debate once again, their “engrossing account of the struggle for the soul of the SEC” is essential reading (The Washington Post).
Author: Ken Auletta
Publisher: Penguin
ISBN: 1101495561
Category : Business & Economics
Languages : en
Pages : 375
Get Book Here
Book Description
It is said that journalism is a vital public service as well as a business, but more and more it is also said that big media consolidation; noisy, instant opinions on cable and the Internet; and political “bias” are making a mockery of such high-minded ideals. In Backstory, Ken Auletta explores why one of America’s most important industries is also among its most troubled. He travels from the proud New York Times, the last outpost of old-school family ownership, whose own personnel problems make headline news, into the depths of New York City’s brutal tabloid wars and out across the country to journalism’s new wave, chains like the Chicago Tribune’s, where “synergy” is ever more a mantra. He probes the moral ambiguity of “media personalities”—journalists who become celebrities themselves, padding their incomes by schmoozing with Imus and rounding the lucrative corporate lecture circuit. He reckons with the legacy of journalism’s past and the different prospects for its future, from fallen stars of new media such as Inside.com to the rising star of cable news, Roger Ailes’s Fox News. The product of more than ten years covering the news media for The New Yorker, Backstory is Journalism 101 by the course’s master teacher.
Author: William D. Cohan
Publisher: Anchor
ISBN: 0767930894
Category : Business & Economics
Languages : en
Pages : 610
Get Book Here
Book Description
A blistering narrative account of the negligence and greed that pushed all of Wall Street into chaos and the country into a financial crisis. At the beginning of March 2008, the monetary fabric of Bear Stearns, one of the world’s oldest and largest investment banks, began unraveling. After ten days, the bank no longer existed, its assets sold under duress to rival JPMorgan Chase. The effects would be felt nationwide, as the country suddenly found itself in the grip of the worst financial mess since the Great Depression. William Cohan exposes the corporate arrogance, power struggles, and deadly combination of greed and inattention, which led to the collapse of not only Bear Stearns but the very foundations of Wall Street.
Author: Ken Auletta
Publisher: Open Road Media
ISBN: 1504018591
Category : Business & Economics
Languages : en
Pages : 132
Get Book Here
Book Description
A revealing portrait of one of the world’s finest, yet most opaque, companies—and the quiet genius who made it thrive Ken Auletta set out to locate one of the world’s most prosperous businesses and explain its formula for success. He searched for an enterprise with a vivid chief executive and found that company in Schlumberger Limited, a multinational oilfield services firm with skyrocketing profits and a reputation as one of the best-managed global corporations. Auletta also found his fascinating CEO in Jean Riboud, a man who had eluded media attention even though he had guided Schlumberger for 2 decades. In this compelling portrait, Auletta brings the notoriously low-profile executive to life, detailing his unique style of management and the unusual corporate culture he nurtured. A self-proclaimed socialist from France, Riboud fought in the resistance during World War II, was captured by the Nazis, and was held prisoner at the Buchenwald concentration camp. He joined Schlumberger as an assistant and quickly rose through the company’s ranks. Although he was admired for his fierce drive for perfection and eye for long-term planning and expansion, Riboud distanced himself from his corporate cohorts and instead socialized with a diverse group of artists, writers, and politicians. Brilliant and paradoxical, Riboud makes for a fascinating subject in Auletta’s comprehensive and illuminating book.
Author: Ken Marlin
Publisher: Macmillan
ISBN: 1250066662
Category : Business & Economics
Languages : en
Pages : 256
Get Book Here
Book Description
A Marine-turned-investment banker applies the Corps' core principles to Wall Street and the world of business.
