Related to: 'Charles R. Morris'

Hachette Books

Winner Takes All (New edition)

Christina Binkley
Authors:
Christina Binkley

The Strip. Home to some of the world's grandest, flashiest, and most lucrative casino resorts, Las Vegas, with its multitude of attractions, draws millions of tourists from around the world every year. But Sin City hasn't always been booming: modern Vegas exists largely thanks to the extraordinary vision, and remarkable hubris, of three competing business moguls: Kirk Kerkorian, Dr. Gary Loveman, and Steve Wynn. Having had personal access to all three tycoons, Binkley explains how their audacious efforts to reach the top-and to top one another-shaped the city as it stands. She takes us inside their grandest schemes, their riskiest deals, and the personalities that drove them to their greatest successes, and their most painful defeats. In this updated edition, she reveals the inside story of how Steve Wynn, the winner who took all, ultimately lost everything-twice. Sharp, insightful, and revealing, Winner Takes All is the gripping story of how billions of dollars and the unparalleled drive for power turned dreams into larger-than-life reality.

Hachette Books

The War on Normal People

Andrew Yang
Authors:
Andrew Yang
PublicAffairs

A Rabble of Dead Money

Charles R. Morris
Authors:
Charles R. Morris

The Great Crash of 1929 violently disrupted the United States' confident march toward becoming the world's superpower. The suddenness of the cataclysm and the long duration of the collapse scarred generations of Americans. A Rabble of Dead Money is a lucid and fast-paced account that pulls together the intricate threads of policy, ideology, international hatreds, and sheer cantankerousness that finally pushed the world economy over the brink.Award-winning writer Charles R. Morris anchors his narrative in America while fully sketching the poisonous political atmosphere of postwar Europe. 1920s America was the embodiment of the modern age-cars, electricity, credit, radio, movies. Breakneck growth presaged a serious recession by the decade's end, but not a depression. It took heroic financial mismanagement, a glut-induced global collapse in agricultural prices, and a self-inflicted crash in world trade to produce the Great Depression.Vividly told and deeply researched, A Rabble of Dead Money anatomizes history's greatest economic catastrophe-and draws its lessons for the present.

PublicAffairs

Winter Is Coming

Garry Kasparov
Authors:
Garry Kasparov

The stunning story of Russia's slide back into a dictatorship,and how the West is now paying the price for allowing it to happen.The ascension of Vladimir Putin,a former lieutenant colonel of the KGB,to the presidency of Russia in 1999 was a strong signal that the country was headed away from democracy. Yet in the intervening years,as America and the world's other leading powers have continued to appease him,Putin has grown not only into a dictator but an internationalthreat. With his vast resources and nuclear arsenal, Putin is at the centre of a worldwide assault on political liberty and the modern world order.For Garry Kasparov, none of this is news. He has been a vocal critic of Putin for over a decade, even leading the pro-democracy opposition to him in the farcical 2008 presidential election. Yet years of seeing his Cassandra-like prophecies about Putin's intentions fulfilled have left Kasparov with a darker truth: Putin's Russia, like ISIS or Al Qaeda, defines itself in opposition to the free countries of the world.As Putin has grown ever more powerful, the threat he poses has grown from local to regional and finally to global. In this urgent book, Kasparov shows that the collapse of the Soviet Union was not an endpoint,only a change of seasons, as the Cold War melted into a new spring. But now, after years of complacency and poor judgment, winter is once again upon us.Argued with the force of Kasparov's world-class intelligence, conviction, and hopes for his home country, Winter Is Coming reveals Putin for what he is: an existential danger hiding in plain sight.

Basic Books

An Extraordinary Time

Marc Levinson
Authors:
Marc Levinson
PublicAffairs

Bloodspot

Robert Teitelman
Authors:
Robert Teitelman

The epic battle of the fascinating, flawed figures behind America's deal culture and their fight over who controls and who benefits from the immense wealth of American corporations. Bloodsport is the story of how the mania for corporate deals and mergers all began. The riveting tale of how power lawyers Joe Flom and Marty Lipton, major Wall Street players Felix Rohatyn and Bruce Wasserstein, prominent jurists, and shrewd ideologues in academic garb provided the intellectual firepower, creativity, and energy that drove the corporate elite into a less cozy, Hobbesian world.With total dollar volume in the trillions, the zeal for the deal continues unabated to this day. Underpinning this explosion in mergers and acquisitions,including hostile takeovers,are four questions that radically disrupted corporate ownership in the 1970s, whose force remains undiminished:Are shareholders the sole owners" of corporations and the legitimate source of power?Should control be exercised by autonomous CEOs or is their assumption of power illegitimate and inefficient?Is the primary purpose of the corporation to generate jobs and create prosperity for the masses and the nation?Or is it simply to maximize the wealth of shareholders?This battle of ideas became the bloodsport" of American business. It set in motion the deal-making culture that led to the financialization of the economy and it is the backstory to ongoing debates over competitiveness, job losses, inequality, stratospheric executive pay, and who owns" America's corporations.

Constable

Heaven's Bankers

Harris Irfan
Authors:
Harris Irfan

A trillion dollar financial industry is revolutionising the global economy. Governments and corporations across the Islamic world are increasingly turning to finance that complies with Sharia law in order to fund economic growth. Even in the West, Islamic finance is rapidly becoming an important alternative source of funding at a time when the conventional finance industry is reeling from the effects of the financial crisis.From its origins in the seventh century, Islamic finance has sought to develop core ethical principles that are based in the foundations of Islam and Shari'a. By engaging critically with the complexities of international finance, it has evolved and adapted into a world emerging from the economic and moral aftermath of a global financial crisis. But with an increasing Western interest, is it able to remain true to the principles of its faith? Can it maintain its ideals of social justice? Or is Islamic finance guilty of the very dangers it seeks to avoid?In Heaven's Bankers, Harris Irfan, one of the world's leading Islamic finance bankers, gives unparalleled insight into the heart of this secretive industry. From his personal experience of working with leading bankers, scholars and lawyers, he debunks the myths of Islamic banking, analyses its greatest deals and looks to the future of a system that has reprioritised the very nature of money itself.

Center Street

Eyes on Target

Scott McEwen, Richard Miniter
Authors:
Scott McEwen, Richard Miniter

Told through the eyes of current and former Navy SEALs, EYES ON TARGET is an inside account of some of the most harrowing missions in American history-including the mission to kill Osama bin Laden and the mission that wasn't, the deadly attack on the US diplomatic outpost in Benghazi where a retired SEAL sniper with a small team held off one hundred terrorists while his repeated radio calls for help went unheeded.The book contains incredible accounts of major SEAL operations - from the violent birth of SEAL Team Six and the aborted Operation Eagle Claw meant to save the hostages in Iran, to key missions in Iraq and Afganistan where the SEALs suffered their worst losses in their fifty year history-and every chapter illustrates why this elite military special operations unit remains the most feared anti-terrorist force in the world.We hear reports on the record from retired SEAL officers including Lt. Cmdr. Richard Marcinko, the founder of SEAL Team Six, and a former Commander at SEAL team Six, Ryan Zinke, and we come away understanding the deep commitment of these military men who put themselves in danger to protect our country and save American lives. In the face of insurmountable odds and the imminent threat of death, they give all to protect those who cannot protect themselves.No matter the situation, on duty or at ease, SEALs never, ever give up. One powerful chapter in the book tells the story of how one Medal of Honour winner saved another, the only time this has been done in US military history.EYES ON TARGET includes these special features:- A detailed timeline of events during the Benghazi attack- Sample rescue scenarios from a military expert who believes that help could have reached the Benghazi compound in time- The US House Republican Conference Interim Progress Report on the events surrounding the September 11, 2012 Terrorist Attacks in BenghaziThrough their many interviews and unique access, Scott McEwen and Richard Miniter pull back the veil that has so often concealed the heroism of these patriots. They live by a stringent and demanding code of their own creation, keeping them ready to ignore politics, bureaucracy and-if necessary-direct orders. They share a unique combination of character, intelligence, courage, love of country and what can only be called true grit.They are the Navy SEALs, and they keep their Eyes on Target.

Nation Books

All the Presidents' Bankers

Nomi Prins
Authors:
Nomi Prins

Who rules America? All the Presidents' Bankers is a ground-breaking narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history.Culled from original presidential archival documents, All the Presidents' Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics,or greed driving bankers.Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and protégé relationships that have confined national influence to a privileged cluster of people. These families and individuals recycle their power through elected office and private channels in Washington, DC. All the Presidents' Bankers sheds new light on pivotal historic events,such as why, after the Panic of 1907, America's dominant bankers convened to fashion the Federal Reserve System how J. P. Morgan's ambitions motivated President Wilson during World War I how Chase and National City Bank chairmen worked secretly with President Roosevelt to rescue capitalism during the Great Depression while J.P. Morgan Jr. invited Roosevelt's son yachting and how American financiers collaborated with President Truman to construct the World Bank and IMF after World War II.Prins divulges how, through the Cold War and Vietnam era, presidents and bankers pushed America's superpower status and expansion abroad, while promoting broadly democratic values and social welfare at home. But from the 1970s, Wall Street's rush to secure Middle East oil profits altered the nature of political-financial alliances. Bankers' profit motive trumped heritage and allegiance to public service, while presidents lost control over the economy,as was dramatically evident in the financial crisis of 2008.This unprecedented history of American power illuminates how the same financiers retained their authoritative position through history, swaying presidents regardless of party affiliation. All the Presidents' Bankers explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.

PublicAffairs

The Seven Sins of Wall Street

Bob Ivry
Authors:
Bob Ivry

We all know that the financial crisis of 2008 came dangerously close to pushing the United States and the world into a depression rivaling that of the 1930s. But what is astonishing,and should make us not just afraid but very afraid,are the shenanigans of the biggest banks since the crisis. Bob Ivry passionately, eloquently, and convincingly details the operatic ineptitude of America's best-compensated executives and the ways the government kowtows to what it mistakenly imagines is their competence and success. Ivry shows that the only thing that has changed since the meltdown is how too-big-to-fail banks and their fellow travellers in Washington have nudged us ever closer to an even bigger economic calamity. Informed by deep reporting from New York, Washington, and the heartland, The Seven Sins of Wall Street , like no other book, shows how we're all affected by the financial industry's inhumanity. The transgressions of Wall Street titans" and masters of the universe" are paid for by real people. In fierce, plain English, Ivry indicts a financial industry that continues to work for the few at the expense of the rest of us. Problems that financiers deemed too complicated to be understood by ordinary folks are shown by Ivry to be financial legerdemain,a smokescreen of complexity and jargon that hide the bankers' nefarious activities. The Seven Sins of Wall Street is irreverent and timely, an infuriating black comedy. The Great Depression of the 1930s moved the American political system to real reform that kept the finance industry in check. With millions so deeply affected since the crisis of 2008, you'll finish this book asking yourself how it is that so many of the nation's leading financial institutions remain such exasperating problem children.

PublicAffairs

The Dawn of Innovation

Charles R. Morris
Authors:
Charles R. Morris

In the first few decades of the nineteenth century, America went from being a largely rural economy, with little internal transportation infrastructure, to a fledgling industrial powerhouse- setting the stage for the vast fortunes that would be made in the golden age of American capitalism. In The Dawn of Innovation, Charles R. Morris vividly brings to life a time when three stupendous American innovations- universal male suffrage, the shift of political power from elites to the middle classes, and a broad commitment to mechanized mass-production- gave rise to the world's first democratic, middle-class, mass-consumption society, a shining beacon to nations and peoples ever since. Behind that ideal were the machines, the men, and the trading and transportation networks that created a new, world-class economic power.

Basic Books

The Rise of the Creative Class--Revisited

Richard Florida
Authors:
Richard Florida

Initially published in 2002, The Rise of the Creative Class quickly achieved classic status for its identification of forces then only beginning to reshape our economy, geography, and workplace. Weaving story-telling with original research, Richard Florida identified a fundamental shift linking a host of seemingly unrelated changes in American society: the growing importance of creativity in people's work lives and the emergence of a class of people unified by their engagement in creative work. Millions of us were beginning to work and live much as creative types like artists and scientists always had, Florida observed, and this Creative Class was determining how the workplace was organized, what companies would prosper or go bankrupt, and even which cities would thrive.In The Rise of the Creative Class Revisited , Florida further refines his occupational, demographic, psychological, and economic profile of the Creative Class, incorporates a decade of research, and adds five new chapters covering the global effects of the Creative Class and exploring the factors that shape quality of place" in our changing cities and suburbs.

PublicAffairs

Comeback

Charles R. Morris
Authors:
Charles R. Morris
Basic Books

Nature's Fortune

Jonathan S. Adams, Mark R. Tercek
Authors:
Jonathan S. Adams, Mark R. Tercek

What is nature worth? The answer to this question,which traditionally has been framed in environmental terms,is revolutionizing the way we do business.In Nature's Fortune , Mark Tercek, CEO of The Nature Conservancy and former investment banker, and science writer Jonathan Adams argue that nature is not only the foundation of human well-being, but also the smartest commercial investment any business or government can make. The forests, floodplains, and oyster reefs often seen simply as raw materials or as obstacles to be cleared in the name of progress are, in fact as important to our future prosperity as technology or law or business innovation.Who invests in nature, and why? What rates of return can it produce? When is protecting nature a good investment? With stories from the South Pacific to the California coast, from the Andes to the Gulf of Mexico and even to New York City, Nature's Fortune shows how viewing nature as green infrastructure allows for breakthroughs not only in conservation,protecting water supplies enhancing the health of fisheries making cities more sustainable, livable and safe and dealing with unavoidable climate change,but in economic progress, as well. Organizations obviously depend on the environment for key resources,water, trees, and land. But they can also reap substantial commercial benefits in the form of risk mitigation, cost reduction, new investment opportunities, and the protection of assets. Once leaders learn how to account for nature in financial terms, they can incorporate that value into the organization's decisions and activities, just as habitually as they consider cost, revenue, and ROI.A must-read for business leaders, CEOs, investors, and environmentalists alike, Nature's Fortune offers an essential guide to the world's economic,and environmental,well-being.

PublicAffairs

Who Gets What

Kenneth R. Feinberg
Authors:
Kenneth R. Feinberg

Agent Orange, the 9/11 Victim Compensation Fund, the Virginia Tech massacre, the 2008 financial crisis, and the Deep Horizon gulf oil spill: each was a disaster in its own right. What they had in common was their aftermath- each required compensation for lives lost, bodies maimed, livelihoods wrecked, economies and ecosystems upended. In each instance, an objective third party had to step up and dole out allocated funds: in each instance, Presidents, Attorneys General, and other public officials have asked Kenneth R. Feinberg to get the job done. In Who Gets What? , Feinberg reveals the deep thought that must go into each decision, not to mention the most important question that arises after a tragedy: why compensate at all? The result is a remarkably accessible discussion of the practical and philosophical problems of using money as a way to address wrongs and reflect individual worth.

Nation Books

After Empire

Dilip Hiro
Authors:
Dilip Hiro

The United States' victory in the Cold War in 1991 led to triumphalist claims that humanity had reached the end of history," and that Washington would enjoy everlasting supremacy. Some years later, U.S. Secretary of State Madeleine Albright called America the indispensable nation." And a senior aide to President George W. Bush crowed: We are an empire now." But by invading Iraq, Bush irreparably undermined U.S. credibility worldwide. And by curtailing Americans' civil liberties in the name of waging an endless war on terror," and resorting to torture in the prisons of occupied Iraq, Afghanistan, and Guantánamo Bay, his administration,as well as America,lost its claim to a moral high ground. Moreover, the 2008-2009 global fiscal meltdown, triggered by the sub-prime mortgage crisis on Wall Street, exposed a stark fact: The heavily indebted America had ceased to be the financial behemoth it had been since World War II. After Empire sketches the contours of a complex world system emerging during the late imperial phase of the U.S. It examines, critically, the events that prepared the ground for the world to move from the tutelage of the sole superpower, America, to a multipolar, post-imperial global order. Refreshingly, it does so from a distinctly non-Western perspective. Unlike other scholars, Dilip Hiro,one of the world's leading experts on the geopolitics of hydrocarbons as well as the Middle East and South and Central Asia,does not offer a comforting thesis that the U.S. is quite capable of accommodating the rising world powers like China, Russia, India, and the European Union while retaining its dominant position at the table. Neither does he frame global politics in a Manichean way,America versus China the West against Asia. The world, he suggests, is set to revisit the pre-World War I Europe, where rulers frequently changed allies and adversaries to achieve the shared aim of keeping the continent free of an overarching power,to date, a privilege enjoyed globally by America. With more than two trillion dollars in its foreign reserves, China's state-owned corporations are busily buying up companies worldwide. By surpassing Saudi Arabia in its oil output, Russia, the number one producer of natural gas, is now the world's foremost producer of hydrocarbons. Its nuclear arsenal is on par with America's. Elsewhere the hydrocarbon-rich nations of Venezuela and Iran are challenging the Washington-dominated status quo respectively in South America and the Middle East. Already, the 27-nation European Union of nearly 500 million has surpassed America as the globe's largest trading entity, and the euro has emerged as a strong rival to the U.S. dollar as a dominant reserve currency. After Empire is realistic and nuanced in its assessment of global politics. Shorn of an ideological bias or a soft corner for America, it abounds in unsettling and stimulating insights on politics, history, hard and soft power, political economy and democracy.

Twelve

Start-Up Nation

Dan Senor, Saul Singer
Authors:
Dan Senor, Saul Singer

START-UP NATION addresses the trillion dollar question: How is it that Israel-- a country of 7.1 million, only 60 years old, surrounded by enemies, in a constant state of war since its founding, with no natural resources-- produces more start-up companies than large, peaceful, and stable nations like Japan, China, India, Korea, Canada and the UK?With the savvy of foreign policy insiders, Senor and Singer examine the lessons of the country's adversity-driven culture, which flattens hierarchy and elevates informality -- all backed up by government policies focused on innovation. In a world where economies as diverse as Ireland, Singapore and Dubai have tried to re-create the "Israel effect," these are entrepreneurial lessons well worth noting. As America reboots its own economy and can-do spirit, there's never been a better time to look at this remarkable and resilient nation for some impressive, surprising clues.

PublicAffairs

The Sages

Charles R. Morris
Authors:
Charles R. Morris

The violent financial disruptions of the past several years have toppled nearly all of the lords of Wall Street, except for a few voices that warned of economic collapse. Among them, Warren Buffett, George Soros, and Paul Volcker. Though their experiences and styles vary, the careers of these three men are, to a large degree, stories of success in volatile times. With the benefit of his own deep understanding of markets and finance, Charles R. Morris brilliantly analyzes their records,and argues for the importance of humility and common sense in navigating the current global economic crisis.

PublicAffairs

The Two Trillion Dollar Meltdown

Charles R. Morris
Authors:
Charles R. Morris

Previously published as The Trillion Dollar Meltdown Now fully updated with the latest financial developments, this is the bestselling book that briefly and brilliantly explains how we got into the economic mess that is the Credit Crunch. With the housing markets unravelling daily and distress signals flying throughout the rest of the economy, there is little doubt that we are facing a fierce recession. In crisp, gripping prose, Charles R. Morris shows how got into this mess. He explains the arcane financial instruments, the chicanery, the policy misjudgments, the dogmas, and the delusions that created the greatest credit bubble in world history. Paul Volcker slew the inflation dragon in the early 1980s, and set the stage for the high performance economy of the 1980s and 1990s. But Wall Street's prosperity soon tilted into gross excess. The astronomical leverage at major banks and their hedge fund and private equity clients led to massive disruption in global markets. A quarter century of free-market zealotry that extolled asset stripping, abusive lending, and hedge fund secrecy will go down in flames with it. Continued denial and concealment could cause the crisis to stretch out for years, but financial and government leaders are still downplaying the problem. The required restructuring will be at least as painful as the very difficult period of 1979-1983. The Two Trillion-Dollar Meltdown , updated to include the latest financial developments, is indispensable to understanding how the world economy has been put on the brink.

PublicAffairs

And the Money Kept Rolling In (and Out) Wall Street, the IMF, and the Bankrupting of Argentina

Paul Blustein
Authors:
Paul Blustein

In the 1990s, few countries were more lionized than Argentina for its efforts to join the club of wealthy nations. Argentina's policies drew enthusiastic applause from the IMF, the World Bank and Wall Street. But the club has a disturbing propensity to turn its back on arrivistes and cast them out. That was what happened in 2001, when Argentina suffered one of the most spectacular crashes in modern history. With it came appalling social and political chaos, a collapse of the peso, and a wrenching downturn that threw millions into poverty and left nearly one-quarter of the workforce unemployed. Paul Blustein, whose book about the IMF, The Chastening , was called "gripping, often frightening" by The Economist and lauded by the Wall Street Journal as "a superbly reported and skillfully woven story," now gets right inside Argentina's rise and fall in a dramatic account based on hundreds of interviews with top policymakers and financial market players as well as reams of internal documents. He shows how the IMF turned a blind eye to the vulnerabilities of its star pupil, and exposes the conduct of global financial market players in Argentina as redolent of the scandals , like those at Enron, WorldCom and Global Crossing , that rocked Wall Street in recent years. By going behind the scenes of Argentina's debacle, Blustein shows with unmistakable clarity how sadly elusive the path of hope and progress remains to the great bulk of humanity still mired in poverty and underdevelopment.