Book picks similar to
Investing in Life: Insurance in Antebellum America by Sharon Ann Murphy
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All the Devils are Here: The Hidden History of the Financial Crisis
Bethany McLean - 2010
Should the blame fall on Wall Street, Main Street, or Pennsylvania Avenue? On greedy traders, misguided regulators, sleazy subprime companies, cowardly legislators, or clueless home buyers?According to Bethany McLean and Joe Nocera, two of America's most acclaimed business journalists, the real answer is all of the above-and more. Many devils helped bring hell to the economy. And the full story, in all of its complexity and detail, is like the legend of the blind men and the elephant. Almost everyone has missed the big picture. Almost no one has put all the pieces together.All the Devils Are Here goes back several decades to weave the hidden history of the financial crisis in a way no previous book has done. It explores the motivations of everyone from famous CEOs, cabinet secretaries, and politicians to anonymous lenders, borrowers, analysts, and Wall Street traders. It delves into the powerful American mythology of homeownership. And it proves that the crisis ultimately wasn't about finance at all; it was about human nature.Among the devils you'll meet in vivid detail:• Angelo Mozilo, the CEO of Countrywide, who dreamed of spreading homeownership to the masses, only to succumb to the peer pressure-and the outsized profits-of the sleaziest subprime lending.• Roland Arnall, a respected philanthropist and diplomat, who made his fortune building Ameriquest, a subprime lending empire that relied on blatantly deceptive lending practices.• Hank Greenberg, who built AIG into a Rube Goldberg contraption with an undeserved triple-A rating, and who ran it so tightly that he was the only one who knew where all the bodies were buried.• Stan O'Neal of Merrill Lynch, aloof and suspicious, who suffered from "Goldman envy" and drove a proud old firm into the ground by promoting cronies and pushing out his smartest lieutenants.• Lloyd Blankfein, who helped turn Goldman Sachs from a culture that famously put clients first to one that made clients secondary to its own bottom line.• Franklin Raines of Fannie Mae, who (like his predecessors) bullied regulators into submission and let his firm drift away from its original, noble mission.• Brian Clarkson of Moody's, who aggressively pushed to increase his rating agency's market share and stock price, at the cost of its integrity.• Alan Greenspan, the legendary maestro of the Federal Reserve, who ignored the evidence of a growing housing bubble and turned a blind eye to the lending practices that ultimately brought down Wall Street-and inflicted enormous pain on the country.Just as McLean's The Smartest Guys in the Room was hailed as the best Enron book on a crowded shelf, so will All the Devils Are Here be remembered for finally making sense of the meltdown and its consequences.
Stories from a Theme Park Insider
Robert Niles - 2011
What time is the 3:00 parade? Why does a child need to be 40 inches tall to ride a roller coaster? What happens when the president of France gets lost inside Pirates of the Caribbean? A former employee, or "cast member", at Walt Disney World's Magic Kingdom answers these and other questions while sharing humorous stories about working inside the world's most popular theme park."Stories from a Theme Park Insider" takes you inside the park's famous tunnels and backstage for a look at how theme parks really work, and the funny moments and embarrassments that can happen when your work is someone else's vacation.
American Icon: The Fall of Roger Clemens and the Rise of Steroids in America's Pastime
Teri Thompson - 2009
In twenty-four seasons pitcher Roger Clemens put together one of the greatest careers baseball has ever seen. Seven Cy Young Awards, two World Series championships, and 354 victories made him a lock for the Hall of Fame. But on December 13, 2007, the Mitchell Report laid waste to all that. Accusations that Clemens relied on steroids and human growth hormone provided and administered by his former trainer, Brian McNamee, have put Clemens in the crosshairs of a Justice Department investigation.Why did this happen? How did it happen? Who made the decisions that altered some lives and ruined others? How did a devastating culture of drugs, lies, sex, and cheating fester and grow throughout Major League Baseball's clubhouses? The answers are in these extraordinary pages.American Icon: The Fall of Roger Clemens and the Rise of Steroids in America’s Pastime is about much more than the downfall of a superstar. While the fascinating portrait of Clemens is certainly at the center of the action, the book takes us outside the white lines and inside the lives and dealings of sports executives, trainers, congressmen, lawyers, drug dealers, groupies, a porn star, and even a murderer—all of whom have ties to this saga. Four superb investigative journalists have spent years uncovering the truth, and at the heart of their investigation is a behind-the-scenes portrait of the maneuvering and strategies in the legal war between Clemens and his accuser, McNamee.This compelling story is the strongest examination yet of the rise of illegal drugs in America’s favorite sport, the gym-rat culture in Texas that has played such an important role in spreading those drugs, and the way Congress has dealt with the entire issue. Andy Pettitte, Jose Canseco, Alex Rodriguez, and Chuck Knoblauch are just a few of the other players whose moving and sometimes disturbing stories are illuminated here as well. The New York Daily News Sports Investigative Team has written the definitive book on corruption and the steroids era in Major League Baseball. In doing so, they have managed to dig beneath the disillusion and disappointment to give us a stirring look at heroes who all too often live unheroic shadow lives.
I Married Wyatt Earp: The Recollections of Josephine Sarah Marcus Earp
Josephine Marcus Earp - 1976
"I Married Wyatt Earp will not be the last word on the subject, but it ranks at the top or very near the top of the importatnt books on the Tombstone story and probably the best on the key figure of Wyatt."--Arizona Highways"For anyone remotely interested in this era and the events that punctuated it, this book is an invaluable source."--Remark"A sympathetic recollection of life with Wyatt Earp which reveals as much about "Josie" as Wyatt."--The Journal of San Diego History
A Nation of Deadbeats: An Uncommon History of America's Financial Disasters
Scott Reynolds Nelson - 2012
It is also a story of dramatic financial panics that defined the nation, created its political parties, and forced tens of thousands to escape their creditors to new towns in Texas, Florida, and California. As far back as 1792, these panics boiled down to one simple question: Would Americans pay their debts—or were we just a nation of deadbeats? From the merchant William Duer’s attempts to speculate on post–Revolutionary War debt, to an ill-conceived 1815 plan to sell English coats to Americans on credit, to the debt-fueled railroad expansion that precipitated the Panic of 1857, Scott Reynolds Nelson offers a crash course in America’s worst financial disasters—and a concise explanation of the first principles that caused them all. Nelson shows how consumer debt, both at the highest levels of finance and in the everyday lives of citizens, has time and again left us unable to make good. The problem always starts with the chain of banks, brokers, moneylenders, and insurance companies that separate borrowers and lenders. At a certain point lenders cannot tell good loans from bad—and when chits are called in, lenders frantically try to unload the debts, hide from their own creditors, go into bankruptcy, and lobby state and federal institutions for relief. With a historian’s keen observations and a storyteller’s nose for character and incident, Nelson captures the entire sweep of America’s financial history in all its utter irrationality: national banks funded by smugglers; fistfights in Congress over the gold standard; and presidential campaigns forged in stinging controversies on the subject of private debt. A Nation of Deadbeats is a fresh, irreverent look at Americans’ addiction to debt and how it has made us what we are today.
The Case of Abraham Lincoln: A Story of Adultery, Murder, and the Making of a Great President
Julie M. Fenster - 2007
In a book that draws a picture of Lincoln in court and at home during that memorable season of 1856, Fenster also offers a close-up look at Lincoln’s political work, much of it masterful, some of it adventurous, in building the party that would change his fate – and that of the nation.
The Spanish Flu Epidemic and Its Influence on History
Jaime Breitnauer - 2019
What seemed like a harmless cold morphed into a global pandemic that would wipe out as many as a hundred-million people - ten times as many as the Great War. German troops faltered lending the allies the winning advantage, India turned its sights to independence while South Africa turned to God. In Western Samoa a quarter of the population died; in some parts of Alaska, whole villages were wiped out. Civil unrest sparked by influenza shaped nations and heralded a new era of public health where people were no longer blamed for contracting disease. Using real case histories, we take a journey through the world in 1918, and look at the impact of Spanish flu on populations from America, to France, to the Arctic, and the scientific legacy this deadly virus has left behind.
Citizen: An American Lyric
Claudia Rankine - 2014
Some of these encounters are slights, seeming slips of the tongue, and some are intentional offensives in the classroom, at the supermarket, at home, on the tennis court with Serena Williams and the soccer field with Zinedine Zidane, online, on TV-everywhere, all the time. The accumulative stresses come to bear on a person's ability to speak, perform, and stay alive. Our addressability is tied to the state of our belonging, Rankine argues, as are our assumptions and expectations of citizenship. In essay, image, and poetry, Citizen is a powerful testament to the individual and collective effects of racism in our contemporary, often named "post-race" society.
Lincoln and the Irish: The Untold Story of How the Irish Helped Abraham Lincoln Save the Union
Niall O'Dowd - 2018
And it was Abraham Lincoln who, a year earlier at Malvern Hill, picked up a corner of one of the Irish colors, kissed it, and said, “God bless the Irish flag.”Lincoln and the Irish untangles one of the most fascinating subtexts of the Civil War: Abraham Lincoln’s relationship with the men and women coming to America to escape the Irish famine.Renowned Irish-American journalist Niall O’Dowd gives unprecedented insight into a relationship that began with mutual disdain. Lincoln saw the Irish as instinctive supporters of the Democratic opposition, while the Irish saw the English landlord class in Lincoln’s Republicans. But that dynamic would evolve, and the Lincoln whose first political actions included intimidating Irish voters at the polls would eventually hire Irish nannies and donate to the Irish famine fund. When he was voted into the White House, Lincoln surrounded himself with Irish staff, much to the chagrin of a senior aide who complained about the Hibernian cabal. And the Irish would repay Lincoln’s faith—their numbers and courage would help swing the Civil War in his favor, and among them would be some of his best generals and staunchest advocates.
The Whiteness of Wealth: How the Tax System Impoverishes Black Americans--And How We Can Fix It
Dorothy A. Brown - 2021
Brown became a tax lawyer to get away from race. As a young black girl growing up in the South Bronx, she’d seen how racism limited the lives of her family and neighbors. Her law school classes offered a refreshing contrast: Tax law was about numbers, and the only color that mattered was green. But when Brown sat down to prepare tax returns for her parents, she found something strange: James and Dottie Brown, a plumber and a nurse, seemed to be paying an unusually high percentage of their income in taxes. When Brown became a law professor, she set out to understand why.In The Whiteness of Wealth, Brown draws on decades of cross-disciplinary research to show that tax law isn’t as color-blind as she’d once believed. She takes us into her adopted city of Atlanta, introducing us to families across the economic spectrum whose stories demonstrate how American tax law rewards the preferences and practices of white people while pushing black people further behind. From attending college to getting married to buying a home, black Americans find themselves at a financial disadvantage compared to their white peers. The results are an ever-increasing wealth gap and more black families shut out of the American dream.Solving the problem will require a wholesale rethinking of America’s tax code. But it will also require both black and white Americans to make different choices. This urgent, actionable book points the way forward.
The Cajuns: Americanization of a People
Shane K. Bernard - 1996
During this period they have become much like other Americans and yet have remained strikingly distinct. The Cajuns: Americanization of a People explores these six decades and analyzes the forces that had an impact on Louisiana's Acadiana.In the 1940s, when America entered World War II, so too did the isolated Cajuns. Cajun soldiers fought alongside troops from Brooklyn and Berkeley and absorbed aspects of new cultures. In the 1950s as rock 'n' roll and television crackled across Louisiana airwaves, Cajun music makers responded with their own distinct versions. In the 1960s, empowerment and liberation movements turned the South upside down. During the 1980s, as things Cajun became an absorbing national fad, "Cajun" became a kind of brand identity used for selling everything from swamp tours to boxed rice dinners. At the dawn of the twenty-first century, the advent of a new information age launched "Cyber-Cajuns" onto a worldwide web. All these forces have pushed and pulled at the fabric of Cajun life but have not destroyed it.A Cajun himself, the author of this book has an intense personal fascination in his people.By linking seemingly local events in the Cajuns' once isolated south Louisiana homeland to national and even global events, Bernard demonstrates that by the middle of the twentieth century the Cajuns for the first time in their ethnic story were engulfed in the currents of mainstream American life and yet continued to make outstandingly distinct contributions.
Greenback: The Almighty Dollar and the Invention of America
Jason Goodwin - 2003
Paper money, invented in Boston in 1698, was a classic of American ingenuity-and American disregard for authority and tradition. With the wry and admiring eye of a modern Tocqueville, Jason Goodwin has written a biography of the dollar, giving us the story of its astonishing career through the wilds of American history. "Greenback" looks at the dollar over the years as a form of art, a kind of advertising, a reflection of American attitudes, and a builder of empires. Goodwin shows us how the dollar rolled out the frontier and peopled the Plains; how it erected the great cities; how it expressed the urges of democracy and opportunity. And, above all, Goodwin introduces us to the people who championed-or ambushed-the dollar over the years: presidents, artists, pioneers, and frontiersmen; bankers, shady and upright; safecrackers, crooks, and dreamers of every stripe. It's a vast and colorful cast of characters, who all agreed on one thing: getting the money right was the key to unlocking liberty and the pursuit of happiness."Greenback" delves into folklore and the development of printing, investigates wildcats and counterfeiters, explains why a buck is a buck and how Dixie got its name. Like Goodwin's "Lords of the Horizons," another story of empire, "Greenback" brings together an array of quirky detail and surprising-often hilarious-anecdote to tell the story of America through its best-beloved product.
“All the Real Indians Died Off”: And 20 Other Myths About Native Americans
Roxanne Dunbar-Ortiz - 2016
Tracing how these ideas evolved, and drawing from history, the authors disrupt long-held and enduring myths such as:"Columbus Discovered America""Thanksgiving Proves the Indians Welcomed Pilgrims""Indians Were Savage and Warlike""Europeans Brought Civilization to Backward Indians""The United States Did Not Have a Policy of Genocide""Sports Mascots Honor Native Americans""Most Indians Are on Government Welfare""Indian Casinos Make Them All Rich""Indians Are Naturally Predisposed to Alcohol"Each chapter deftly shows how these myths are rooted in the fears and prejudice of European settlers and in the larger political agendas of a settler state aimed at acquiring Indigenous land and tied to narratives of erasure and disappearance. Accessibly written and revelatory, "All the Real Indians Died Off" challenges readers to rethink what they have been taught about Native Americans and history.
Janesville: An American Story
Amy Goldstein - 2017
Most observers record the immediate shock of vanished jobs, but few stay around long enough to notice what happens next, when a community with a can-do spirit tries to pick itself up.Pulitzer Prize winner Amy Goldstein has spent years immersed in Janesville, Wisconsin where the nation’s oldest operating General Motors plant shut down in the midst of the Great Recession, two days before Christmas of 2008. Now, with intelligence, sympathy, and insight into what connects and divides people in an era of economic upheaval, she makes one of America’s biggest political issues human. Her reporting takes the reader deep into the lives of autoworkers, educators, bankers, politicians, and job re-trainers to show why it’s so hard in the twenty-first century to recreate a healthy, prosperous working class. For this is not just a Janesville story or a Midwestern story. It’s an American story.
A Fighting Chance
Elizabeth Warren - 2014
Early marriage and motherhood seemed to put even that dream out of reach, but fifteen years later she was a distinguished law professor with a deep understanding of why people go bankrupt. Then came the phone call that changed her life: could she come to Washington DC to help advise Congress on rewriting the bankruptcy laws?Thus began an impolite education into the bare-knuckled, often dysfunctional ways of Washington. She fought for better bankruptcy laws for ten years and lost. She tried to hold the federal government accountable during the financial crisis but became a target of the big banks. She came up with the idea for a new agency designed to protect consumers from predatory bankers and was denied the opportunity to run it. Finally, at age 62, she decided to run for elective office and won the most competitive—and watched—Senate race in the country. In this passionate, funny, rabble-rousing book, Warren shows why she has chosen to fight tooth and nail for the middle class—and why she has become a hero to all those who believe that America's government can and must do better for working families.