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Author: Roger Lowenstein
Publisher: Random House Trade Paperbacks
ISBN: 0375758259
Category : Business & Economics
Languages : en
Pages : 290
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Book Description
“A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist
Author: Roger Lowenstein
Publisher: Random House Trade Paperbacks
ISBN: 0375758259
Category : Business & Economics
Languages : en
Pages : 290
Get Book Here
Book Description
“A riveting account that reaches beyond the market landscape to say something universal about risk and triumph, about hubris and failure.”—The New York Times NAMED ONE OF THE BEST BOOKS OF THE YEAR BY BUSINESSWEEK In this business classic—now with a new Afterword in which the author draws parallels to the recent financial crisis—Roger Lowenstein captures the gripping roller-coaster ride of Long-Term Capital Management. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein explains not just how the fund made and lost its money but also how the personalities of Long-Term’s partners, the arrogance of their mathematical certainties, and the culture of Wall Street itself contributed to both their rise and their fall. When it was founded in 1993, Long-Term was hailed as the most impressive hedge fund in history. But after four years in which the firm dazzled Wall Street as a $100 billion moneymaking juggernaut, it suddenly suffered catastrophic losses that jeopardized not only the biggest banks on Wall Street but the stability of the financial system itself. The dramatic story of Long-Term’s fall is now a chilling harbinger of the crisis that would strike all of Wall Street, from Lehman Brothers to AIG, a decade later. In his new Afterword, Lowenstein shows that LTCM’s implosion should be seen not as a one-off drama but as a template for market meltdowns in an age of instability—and as a wake-up call that Wall Street and government alike tragically ignored. Praise for When Genius Failed “[Roger] Lowenstein has written a squalid and fascinating tale of world-class greed and, above all, hubris.”—BusinessWeek “Compelling . . . The fund was long cloaked in secrecy, making the story of its rise . . . and its ultimate destruction that much more fascinating.”—The Washington Post “Story-telling journalism at its best.”—The Economist
Author: Jan Davidson
Publisher: Simon and Schuster
ISBN: 1416595686
Category : Education
Languages : en
Pages : 258
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Book Description
With all the talk of failing schools these days, we forget that schools can fail their brightest students, too. We pledge to "leave no child behind," but in American schools today, thousands of gifted and talented students fall short of their potential. In Genius Denied, Jan and Bob Davidson describe the "quiet crisis" in education: gifted students spending their days in classrooms learning little beyond how to cope with boredom as they "relearn" material they've already mastered years before. This lack of challenge leads to frustration, underachievement, and even failure. Some gifted students become severely depressed. At a time when our country needs a deep intellectual talent pool, the squandering of these bright young minds is a national tragedy. There are hundreds of thousands of highly gifted children in the U.S. and millions more whose intelligence is above average, yet few receive the education they deserve. Many school districts have no gifted programs or offer only token enrichment classes. Education of the gifted is in this sorry state, say the Davidsons, because of indifference, lack of funding, and the pernicious notion that education should have a "leveling" effect, a one-size-fits-all concept that deliberately ignores the needs of the gifted. But all children are entitled to an appropriate education, insist the authors, those left behind as well as those who want to surge ahead. The Davidsons show parents and educators how to reach and challenge gifted students. They offer practical advice based on their experience as founders of a nonprofit organization that assists gifted children. They show parents how to become their children's advocates, how to win support for gifted students within the local schools, and when and how to go outside the school system. They discuss everything from acceleration ("skipping" a grade) to homeschooling and finding mentors for children. They tell stories of real parents and students who overcame poor schooling environments to discover the joy of learning. Genius Denied is an inspiring book that provides a beacon of hope for children at risk of losing their valuable gift of intellectual potential.
Author: John Berger
Publisher: Vintage
ISBN: 0307794245
Category : Biography & Autobiography
Languages : en
Pages : 242
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Book Description
At the height of his powers, Pablo Picasso was the artist as revolutionary, breaking through the niceties of form in order to mount a direct challenge to the values of his time. At the height of his fame, he was the artist as royalty: incalculably wealthy, universally idolized−and wholly isolated. In this stunning critical assessment, John Berger−one of this century's most insightful cultural historians−trains his penetrating gaze upon this most prodigious and enigmatic painter and on the Spanish landscape and very particular culture that shpaed his life and work. Writing with a novelist's sensuous evocation of character and detail, and drawing on an erudition that embraces history, politics, and art, Berger follows Picasso from his childhood in Malaga to the Blue Period and Cubism, from the creation of Guernica to the pained etchings of his final years. He gives us the full measure of Picasso's triumphs and an unsparing reckoning of their cost−in exile, in loneliness, and in a desolation that drove him, in his last works, into an old man's furious and desperate frenzy at the beauty of what he could no longer create.
Author: Paul O'Keeffe
Publisher: Random House
ISBN: 0224062476
Category : Biography & Autobiography
Languages : en
Pages : 588
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Book Description
"Haydon's first attempt at suicide ended when the low calibre bullet fired from his pistol fractured his skull but failed to penetrate his brain. His second attempt also failed: a deep slash across his throat left a large pool of blood at the entrance to his studio, but he was still able to reach his easel on the opposite side of the room. Only his third attempt, another cut to the throat which sprayed blood across his unfinished canvas, was successful. Such intensity, struggle and near-comic inability to succeed encapsulate Haydon's career. Thirty years before his death his huge, iconic paintings had made him the toast of early 19th-century London, drawing paying crowds to the Egyptian Hall in Piccadilly for months and leading to nationwide tours. However, his attempt to repeat such success three months before his death was to destroy him: barely a soul turned up, leaving the desperate painter alone, humiliated, and facing financial ruin."--Global Books in Print.
Author: Ged Adamson
Publisher: Schwartz & Wade
ISBN: 1524765325
Category : Juvenile Fiction
Languages : en
Pages : 22
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Book Description
Laugh along with a dog named Douglas and his pal Nancy in this silly follow-up to Douglas, You Need Glasses! as the friends execute outrageous plans to meet their neighbors. Pals Nancy and Douglas think their baseball game is over after their ball rolls through a hole in the fence. But when the ball rolls back, followed by a note in an unfamiliar language, they have to discover who's on the other side of the fence. And so in a series of truly outrageous--and hilarious--stunts, Nancy tries to launch, vault, and fly Douglas over to the other side to see what's what. Finally, after all Nancy's plans fail, Douglas gets his turn to execute a plan--and it works! And who do they find? New friends who speak Spanish. Readers will laugh out loud at the antics in this zany picture book, which proves that working together makes everything more fun.
Author: Eric Weiner
Publisher: Simon and Schuster
ISBN: 1451691688
Category : History
Languages : en
Pages : 368
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Book Description
Tag along on this New York Times bestselling “witty, entertaining romp” (The New York Times Book Review) as Eric Weiner travels the world, from Athens to Silicon Valley—and back through history, too—to show how creative genius flourishes in specific places at specific times. In this “intellectual odyssey, traveler’s diary, and comic novel all rolled into one” (Daniel Gilbert, author of Stumbling on Happiness), acclaimed travel writer Weiner sets out to examine the connection between our surroundings and our most innovative ideas. A “superb travel guide: funny, knowledgeable, and self-deprecating” (The Washington Post), he explores the history of places like Vienna of 1900, Renaissance Florence, ancient Athens, Song Dynasty Hangzhou, and Silicon Valley to show how certain urban settings are conducive to ingenuity. With his trademark insightful humor, this “big-hearted humanist” (The Wall Street Journal) walks the same paths as the geniuses who flourished in these settings to see if the spirit of what inspired figures like Socrates, Michelangelo, and Leonardo remains. In these places, Weiner asks, “What was in the air, and can we bottle it?” “Fun and thought provoking” (The Miami Herald), The Geography of Genius reevaluates the importance of culture in nurturing creativity and “offers a practical map for how we can all become a bit more inventive” (Adam Grant, author of Originals).
Author:
Publisher: Candlewick Press
ISBN: 0763666890
Category : Juvenile Fiction
Languages : en
Pages : 304
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Book Description
Resolving to earn so much money that his mother will no longer stress out over the bills, eleven-year-old Timmy Failure launches a detective business with a lazy polar bear partner named Total but finds their enterprise "Total Failure, Inc." challenged by a college-bound spy and a four-foot-tall girl whom Timmy refuses to acknowledge.
Author: Paul O'Keeffe
Publisher: Random House
ISBN: 1446425371
Category : Biography & Autobiography
Languages : en
Pages : 873
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Book Description
Painter and draughtsman, novelist, satirist, pamphleteer and critic, Lewis's multifarious activities defy easy categorisation. He launched the only twentieth-century English avant garde movement, Vorticism, in 1914. His first novel, Tarr, was published in 1918. During the intervening World War, as an artillery officer at the third battle of Ypres, he gained his 'political education under fire'. Anti-war books of the 1930s argued against what he regarded as a war-mongering left-wing orthodoxy, and presented the case for the right. This placed him in the position somewhere between an advocate of appeasement and what looked uncomfortably like a Nazi sympathizer. Despite an admission, in 1939, that he had been wrong about Hitler, his reputation never recovered from the stigma of Fascism.After the Second World War, spent in penniless and bitter exile in Canada, he returned to London and, in the last decade of his life, received some measure of the success and recognition he had been denied for so long. It coincided, tragically, with the realisation that he was going blind. Visual expression denied him, he devoted all his remaining energies to writing. Seven books in as many years, written in laborious longhand when he was unable to see the
Author: Carol Leonnig
Publisher: Random House
ISBN: 0399589023
Category : Political Science
Languages : en
Pages : 560
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Book Description
NEW YORK TIMES BESTSELLER • “This is one of those books that will go down as the seminal work—the determinative work—in this field. . . . Terrifying.”—Rachel Maddow The first definitive account of the rise and fall of the Secret Service, from the Kennedy assassination to the alarming mismanagement of the Obama and Trump years, right up to the insurrection at the Capitol on January 6—by the Pulitzer Prize winner and #1 New York Times bestselling co-author of A Very Stable Genius and I Alone Can Fix It NAMED ONE OF THE BEST BOOKS OF THE YEAR BY THE WASHINGTON POST Carol Leonnig has been reporting on the Secret Service for The Washington Post for most of the last decade, bringing to light the secrets, scandals, and shortcomings that plague the agency today—from a toxic work culture to dangerously outdated equipment to the deep resentment within the ranks at key agency leaders, who put protecting the agency’s once-hallowed image before fixing its flaws. But the Secret Service wasn’t always so troubled. The Secret Service was born in 1865, in the wake of the assassination of Abraham Lincoln, but its story begins in earnest in 1963, with the death of John F. Kennedy. Shocked into reform by its failure to protect the president on that fateful day in Dallas, this once-sleepy agency was radically transformed into an elite, highly trained unit that would redeem itself several times, most famously in 1981 by thwarting an assassination attempt against Ronald Reagan. But this reputation for courage and excellence would not last forever. By Barack Obama’s presidency, the once-proud Secret Service was running on fumes and beset by mistakes and alarming lapses in judgment: break-ins at the White House, an armed gunman firing into the windows of the residence while confused agents stood by, and a massive prostitution scandal among agents in Cartagena, to name just a few. With Donald Trump’s arrival, a series of promised reforms were cast aside, as a president disdainful of public service instead abused the Secret Service to rack up political and personal gains. To explore these problems in the ranks, Leonnig interviewed dozens of current and former agents, government officials, and whistleblowers who put their jobs on the line to speak out about a hobbled agency that’s in desperate need of reform. “I will be forever grateful to them for risking their careers,” she writes, “not because they wanted to share tantalizing gossip about presidents and their families, but because they know that the Service is broken and needs fixing. By telling their story, they hope to revive the Service they love.”
Author: Paul O'Keeffe
Publisher: Random House
ISBN: 1446426580
Category : Art
Languages : en
Pages : 584
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Book Description
* Haydon's first attempt at suicide ended when the low calibre bullet fired from his pistol fractured his skull but failed to penetrate his brain. * His second attempt also failed: a deep slash across his throat left a large pool of blood at the entrance to his studio, but he was still able to reach his easel on the opposite side of the room. *Only his third attempt, another cut to the throat which sprayed blood across his unfinished canvas, was successful. He died face-down before the bespattered 'Alfred and the First British Jury', his final bid 'to improve the taste of the English people' through the High Art of historical painting. * Such intensity, struggle and near-comic inability to succeed encapsulate Haydon's career. Thirty years before his death his huge, iconic paintings had made him the toast of early 19th-century London, drawing paying crowds to the Egyptian Hall in Piccadilly for months and leading to nationwide tours. * However, his attempt to repeat such success three months before his death was to destroy him: barely a soul turned up, leaving the desperate painter alone, humiliated, and facing financial ruin. * In A Genius for Failure Paul O'Keeffe makes clear that the real tragedy of Haydon lay in the extent to which his failures were unwittingly engineered by his own actions - his refusal to resort to the painting of fashionable portraits, for example, and his self-destructively acrimonious relationship with the RA. * The company he kept - Keats, Shelley, Wordsworth, Sir Robert Peel and the Duke of Wellington, among many others - and the momentous events he lived through - The Battle of Waterloo, the Coronation of George IV, and the passing of the first Parliamentary Reform Bill - make A Genius for Failure not only the definitive biography of this fascinating and tragic painter, but a stirring portrayal of an age.
