That same year, a trove of Michael Jackson memorabilia—including his iconic crystal-encrusted white glove—was sold at auction for over $1 million to a guy who was, officially, just the lowly forestry minister of the tiny nation of Equatorial Guinea. And in 2014, Ukrainian revolutionaries raided the palace of their ousted president and found a zoo of peacocks, gilded toilets, and a floating restaurant modeled after a Spanish galleon. Unlikely as it might seem, there is a thread connecting these events, and Rachel Maddow follows it to its crooked source: the unimaginably lucrative and equally corrupting oil and gas industry. With her trademark black humor, Maddow takes us on a switchback journey around the globe, revealing the greed and incompetence of Big Oil and Gas along the way, and drawing a surprising conclusion about why the Russian government hacked the 2016 U.S. election. She deftly shows how Russia’s rich reserves of crude have, paradoxically, stunted its growth, forcing Putin to maintain his power by spreading Russia’s rot into its rivals, its neighbors, the West’s most important alliances, and the United States. Chevron, BP, and a host of other industry players get their star turn, most notably ExxonMobil and the deceptively well-behaved Rex Tillerson. The oil and gas industry has weakened democracies in developed and developing countries, fouled oceans and rivers, and propped up authoritarian thieves and killers. But being outraged at it is, according to Maddow, “like being indignant when a lion takes down and eats a gazelle. You can’t really blame the lion. It’s in her nature.” Blowout is a call to contain the lion: to stop subsidizing the wealthiest businesses on earth, to fight for transparency, and to check the influence of the world’s most destructive industry and its enablers. The stakes have never been higher. As Maddow writes, “Democracy either wins this one or disappears.”

    Left-wingers keenly support the bombing of Belgrade and the invasion of Iraq. Tories warn against the threat to civil liberties. The 'progressive' BBC gives a fair hearing to the Conservative Party. Socialist journalists turn and rend Ken Livingstone. In democratic London, merely expressing your opinion can be seriously bad for your career, while in autocratic Moscow you can say pretty much what you like, provided you don't do anything about it. The tearing down of the old Iron Curtain may have allowed markets to sweep into the old Warsaw Pact lands - but it has also permitted revolutionary left-wing ideas to spread like a bacillus through the 'West'.Nobody really cares any more about the old shibboleths of state ownership. The British Labour Party - which opposed nuclear weapons, supposedly on principle, when they mattered - is quite happy to spend billions on the same weapons now that they are unnecessary.The supposed 'right' is as confused and nonsensical as the supposed 'left'. Neo-conservatives run vast budget deficits at home and engage in utopian adventures abroad. They are actively opposed to old conservative ideas such as national sovereignty, strong families and rigorous selective education, and happy to bend the knee to left-wing orthodoxies from man-made global warming to egalitarianism.The political compass is broken, its needle swinging wildly and meaninglessly. The existing political parties have converged, or perhaps simply retreated in confusion on to what looked like safe territory, the often tried and repeated failed policies of Fabian Social Democracy, now worsened by 1960s sexual and social radicalism. They are no longer adversaries, their personnel are interchangeable and they struggle to find ways to distinguish themselves from each other. They simply ignore - or deny - huge areas of human experience and concern from mass immigration to the collapse of marriage and the disappearance of order and rigour in the state education system.Yet conventional wisdom continues to insist that formal politics can and should continue as it did before - and that an exasperated and increasingly angry electorate should place its hopes in a mere change of personnel at the next election. Peter Hitchens argues for the re-establishment of proper adversary politics and the rediscovery of principle.

    It also chronicles the creation of the Ethereum blockchain from the mind of inventor Vitalik Buterin to the ragtag group of people he assembled around him to build the second-largest crypto universe after Bitcoin.Celebrated journalist and author Matthew Leising tells the full story of one of the most incredible chapters in cryptocurrency history. He covers the aftermath of the heist as well, explaining the extreme lengths the victims of the theft and the creators of Ethereum went to in order to try and limit the damage. The book covers:The creation of EthereumAn explanation of the nature of blockchain and cryptocurrencyThe activities of a colorful cast of hackers, coders, investors, and thievesPerfect for anyone with even a passing interest in the world of modern fintech or daring electronic heists, Out of the Ether is a story of genius and greed that’s so incredible you may just choose not to believe it.

    The cases in the 15th edition are excerpted and edited by the authors. The syntax is not altered, therefore retains the language of the courts. As in recent previous editions, the 15th edition includes a mix of actual AND hypothetical cases. This text is our most research-based Business Law text.