Greed And Glory

Download or read book Greed and Glory on Wall Street written by Ken Auletta and published by Open Road Media. This book was released on 2015-09-29 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Last Tycoons written by William D. Cohan and published by Anchor. This book was released on 2007-04-03 with total page 754 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • A tale of vaulting ambitions, explosive feuds, worldly mistresses, fabulous art collections, and enormous wealth—a story of high drama in the world of high finance. • "Rips the roof off of one of Wall Street's most storied investment banks." —Vanity Fair Wall Street investment banks move trillions of dollars a year, make billions in fees, pay their executives in the tens of millions of dollars. But even among the most powerful firms, Lazard Frères & Co. stood apart. Discretion, secrecy, and subtle strategy were its weapons of choice. For more than a century, the mystique and reputation of the "Great Men" who worked there allowed the firm to garner unimaginable profits, social cachet, and outsized influence in the halls of power. But in the mid-1980s, their titanic egos started getting in the way, and the Great Men of Lazard jeopardized all they had built. William D. Cohan, himself a former high-level Wall Street banker, takes the reader into the mysterious and secretive world of Lazard and presents a compelling portrait of Wall Street through the tumultuous history of this exalted and fascinating company. Cohan deconstructs the explosive feuds between Felix Rohatyn and Steve Rattner, superstar investment bankers and pillars of New York society, and between the man who controlled Lazard, the inscrutable French billionaire Michel David-Weill, and his chosen successor, Bruce Wasserstein. Cohan follows Felix, the consummate adviser, as he reshapes corporate America in the 1970s and 1980s, saves New York City from bankruptcy, and positions himself in New York society and in Washington. Felix’s dreams are dashed after the arrival of Steve, a formidable and ambitious former newspaper reporter. By the mid-1990s, as Lazard neared its 150th anniversary, Steve and Felix were feuding openly. The internal strife caused by their arguments could not be solved by the imperious Michel, whose manipulative tendencies served only to exacerbate the trouble within the firm. Increasingly desperate, Michel took the unprecedented step of relinquishing operational control of Lazard to one of the few Great Men still around, Bruce Wasserstein, then fresh from selling his own M&A boutique, for $1.4 billion. Bruce’s take: more than $600 million. But it turned out Great Man Bruce had snookered Great Man Michel when the Frenchman was at his most vulnerable. The Last Tycoons is a tale of vaulting ambitions, whispered advice, worldly mistresses, fabulous art collections, and enormous wealth—a story of high drama in the world of high finance.

Download or read book The City of God: Books 1-7 written by Saint Augustine (of Hippo) and published by CUA Press. This book was released on 1962 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Man Who Took No Interest in Life written by K. Richard and published by iUniverse. This book was released on 2013-04-10 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: A journey through the mind of a man who saw the world from different eyes as most and how he saw himself in a busy and chaotic world.

Download or read book The Origins of Major War written by Dale C. Copeland and published by Cornell University Press. This book was released on 2013-02-15 with total page 335 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of the most important questions of human existence is what drives nations to war—especially massive, system-threatening war. Much military history focuses on the who, when, and where of war. In this riveting book, Dale C. Copeland brings attention to bear on why governments make decisions that lead to, sustain, and intensify conflicts.Copeland presents detailed historical narratives of several twentieth-century cases, including World War I, World War II, and the Cold War. He highlights instigating factors that transcend individual personalities, styles of government, geography, and historical context to reveal remarkable consistency across several major wars usually considered dissimilar. The result is a series of challenges to established interpretive positions and provocative new readings of the causes of conflict.Classical realists and neorealists claim that dominant powers initiate war. Hegemonic stability realists believe that wars are most often started by rising states. Copeland offers an approach stronger in explanatory power and predictive capacity than these three brands of realism: he examines not only the power resources but the shifting power differentials of states. He specifies more precisely the conditions under which state decline leads to conflict, drawing empirical support from the critical cases of the twentieth century as well as major wars spanning from ancient Greece to the Napoleonic Wars.

Download or read book Greed as Idolatry written by Brian S. Rosner and published by Wm. B. Eerdmans Publishing. This book was released on 2007-08-28 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: What are the origin and meaning of the words "greed is idolatry" found in Ephesians 5:5 and Colossians 3:5? In what sense are the greedy guilty of idolatry? Many different answers have been given to this question throughout the history of interpretation. In fact, a consensus exists on only one score -- that the expression serves to vilify greed. Brian Rosner ably takes on the challenge of interpretation by tackling the phrase as a metaphor, structuring his argument around an intriguing comparison to mountain climbing. From this vantage point, he offers a thorough history of interpretation of the phrase, including a study of the origin of the concept of idolatrous greed in biblical and Jewish sources. Rosner concludes that the comparison of greed with idolatry teaches that to desire to acquire and keep for oneself more money and material things is an attack on God's exclusive right to human love, trust, and obedience. With this work comes a stunning, fresh understanding of familiar terms -- "greed," "idolatry," and even "God" -- challenging both the church as a whole and individual believers to consider the far-ranging implications of our materialistic world. The first full-length study of this intriguing Pauline expression, Greed as Idolatry has profound implications for theological ethics today.

Download or read book The Cosmic Ocean written by Paul K. Chappell and published by Easton Studio Press, LLC. This book was released on 2015-09-08 with total page 634 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Cosmic Ocean shares the treasures that Paul K. Chappell, a West Point graduate and Iraq War veteran, who grew up in a violent household, has extracted from trauma. To explain how these treasures—which take the form of timeless truths—can help us solve our personal, national, and global problems, this book uses personal stories and extensive research to journey through time, around the world, and into every facet of the human condition. To survive and progress as a global human family, Chappell explains that we need a paradigm shift that can transform our understanding of peace, justice, love, happiness, and what it means to be human. To help create this paradigm shift, The Cosmic Ocean explores diverse subjects such as empathy, rage, nonviolent struggle, war, beauty, religion, philosophy, science, Gandhi, the Iliad, slavery, human sacrifice, video games, sports, and our shared humanity.