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Fools Rush In: Steve Case, Jerry Levin, and the Unmaking of AOL Time Warner
Nina Munk - 2004
The news was crazy, incredible. The biggest merger ever, it was, according to the media, an "awesome megadeal" and "a fusion of guts and glory." It was "the deal of the century" and "a mega-marriage of earth and cyberspace." An Internet upstart, AOL was buying the world's most powerful media and entertainment company. "A company that isn't old enough to buy beer," marveled the Wall Street Journal, "has essentially swallowed an ancien régime media conglomerate that took most of a century to construct."Two years later, after the smoke had cleared, $200 billion of shareholder value had vanished into cyberspace. On the trail of possible fraud, the SEC and the Justice Department started investigating AOL Time Warner's accounting practices. Meanwhile, a civil war had broken out inside the company, complete with backstabbing and personal betrayals. Before long, almost every major player was out of the company, discredited, and humiliated. Jerry Levin, Time Warner's "resident genius," lost his job, lost his reputation, and, in the view of some people, simply "lost it." Steve Case, the visionary leader of AOL, was forced out of the company he had created. Gone too was the telegenic wonder-boy Bob Pittman, and his gang of fast-talking salesmen. As for Ted Turner, he resigned from his post as vice-chairman of AOL Time Warner in early 2003, bitter, wiser, and $8.5 billion poorer.Fools Rush In is the definitive account of one of the greatest fiascos in the history of corporate America. In a narrative fraught with drama, Nina Munk reveals the overweening ambition and moral posturing that brought down the Deal of the Century. With painstaking reporting and the remarkable eye for detail she's known for, Munk lays out, step by step, the anatomy of a debacle. Irreverent, witty, and iconoclastic, she sees through it all brilliantly."As in all great Greek tragedies, you knew the plot before it played out," one perceptive insider told Munk on the subject of the AOL Time Warner deal; "you knew who'd be sacrificed at the altar." Here's what we discover in Fools Rush In: In their single-minded quest for power, Steve Case and Jerry Levin were at each other's throats even before the deal was announced. Bob Pittman was regarded as a "windup CEO" by Case, and viewed as a hustler by just about everyone at Time Warner. Ted Turner underestimated Jerry Levin's ruthlessness badly. And Levin himself, convinced he was creating a great legacy comparable to that of Time Inc.'s founder, Henry Luce, refused to acknowledge the obvious: that, with a remarkable sense of timing, Steve Case had used grossly inflated Internet paper to buy Time Warner.
London Call-Out: Confessions of a Doctor in the Capital
Alex Rudd - 2013
A mental health patient threatening to fly out of the window. A hypochondriac calling in with stomach pains that don't exist. A mother with a heart condition - who might not live to see her child grow-up. Alex Rudd always wanted to be a doctor.And he always wanted to work nights in London.But it's a job that might drive him crazy - if he doesn't die of exhaustion first. It's the greatest city in the world - and also home to the most bizarre medical emergencies any doctor will ever witness. As an emergency doctor, Rudd visits homes across London throughout the night. Hypochondriacs, drug-abusers -- and people with household objects inserted in their nether-regions, his patients range from the mad to the moving.'London Call-Out: Confessions Of A Doctor In The Capital' lifts the lid on the medical services in the British capital. It provides a revealing look at the work of a sessional GP and examines the dynamics of the night-shift team. It is entertaining and funny yet also eye-opening and informative. And it provides an illuminating overview of many of the issues facing a medical service in a major city. 'London Call-Out' is a must-read for anyone who enjoys medical memoirs - and is perfect for fans of Benjamin Daniels' 'Confessions of a GP'. Alex Rudd is a GP who now works as a locum in a variety of surgeries in London and the rest of the country. His name has been changed to protect the identity of his patients and colleagues.
Marketplace 3.0: Rewriting the Rules of Borderless Business
Hiroshi Mikitani - 2013
And that evolution has huge implications for everything we see, buy and do online. Rejecting the zero-sum, vending-machine model of ecommerce practiced by other leading internet retailers, who view the Internet purely as a facilitator of speed and profit, Hiroshi Mikitani argues for an alternate model that benefits merchants, consumers, and communities alike by empowering players at every step in the process. He envisions retail "ecosystems," where small and mid-sized brick-and-mortar businesses around the world partner with online marketplaces to maximize their customer bases and service capabilities, and he shows why emphasizing collaboration over competition, customization over top-down control, and long-term growth over short-term revenue is by far the best use of the Internet's power, and will define the 3.0 era.Rakuten has already pioneered this new model, and Marketplace 3.0 offers colorful examples of its success in Japan and around the world. Mikitani reveals how the company enforces a global mindset (including the requirement that all its employees speak English, even in Tokyo); how it incorporates new acquisitions rather than seeking to completely remake or sell them for a quick profit; and how it competes with other retailers on speed and quality, without sacrificing the public good. Marketplace 3.0 is an exciting new vision for global commerce, from a company that's challenging all the accepted wisdom.
How Much Is Enough? Money and the Good Life
Robert Skidelsky - 2012
This book tackles such questions head-on. The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people’s basic needs would be met, and no one would have to work more than fifteen hours a week. Clearly, he was wrong: though income has increased as he envisioned, our wants have seemingly gone unsatisfied, and we continue to work long hours. The Skidelskys explain why Keynes was mistaken. Then, arguing from the premise that economics is a moral science, they trace the concept of the good life from Aristotle to the present and show how our lives over the last half century have strayed from that ideal. Finally, they issue a call to think anew about what really matters in our lives and how to attain it. How Much Is Enough? is that rarity, a work of deep intelligence and ethical commitment accessible to all readers. It will be lauded, debated, cited, and criticized. It will not be ignored.
Full of Life: A Biography of John Fante
Stephen Cooper - 2000
In the first comprehensive biography of John Fante, one of the great lost souls of twentieth-century literature, Stephen Cooper untangles the enigma of an authentic American original. By turns savage and poetic, violent and full of love, such underground novels as The Road to Los Angeles; Ask the Dust; and Wait Until Spring, Bandini simultaneously reveal and disguise their author. Born in 1909 to poor Italian American parents in Colorado, Fante ventured west in 1930 to become a writer. Eventually settling in Los Angeles' faded downtown area of Bunker Hill, Fante starved between menial Depression-era jobs while writing story after story about the world he knew-full of poverty, hatred, and the madness of love. His first stories were published by H. L. Mencken in the American Mercury, but Fante also made a career in Hollywood working with the likes of Orson Welles and Darryl F. Zanuck. By the time of his death, though, he was nearly forgotten. Fortunately, readers such as Charles Bukowski began to recognize that Ask the Dust stands alongside the best work of Nathanael West and Sherwood Anderson. This exacting and vivid biography will help secure Fante's place in the American literary pantheon.
The Courage to Act: A Memoir of a Crisis and Its Aftermath
Ben S. Bernanke - 2015
Bernanke was appointed chair of the Federal Reserve, the unexpected apex of a personal journey from small-town South Carolina to prestigious academic appointments and finally public service in Washington’s halls of power.There would be no time to celebrate.The bursting of a housing bubble in 2007 exposed the hidden vulnerabilities of the global financial system, bringing it to the brink of meltdown. From the implosion of the investment bank Bear Stearns to the unprecedented bailout of insurance giant AIG, efforts to arrest the financial contagion consumed Bernanke and his team at the Fed. Around the clock, they fought the crisis with every tool at their disposal to keep the United States and world economies afloat.Working with two U.S. presidents, and under fire from a fractious Congress and a public incensed by behavior on Wall Street, the Fed—alongside colleagues in the Treasury Department—successfully stabilized a teetering financial system. With creativity and decisiveness, they prevented an economic collapse of unimaginable scale and went on to craft the unorthodox programs that would help revive the U.S. economy and become the model for other countries.Rich with detail of the decision-making process in Washington and indelible portraits of the major players, The Courage to Act recounts and explains the worst financial crisis and economic slump in America since the Great Depression, providing an insider’s account of the policy response.
The Undoing Project: A Friendship That Changed Our Minds
Michael Lewis - 2016
One of the greatest partnerships in the history of science, Kahneman and Tversky’s extraordinary friendship incited a revolution in Big Data studies, advanced evidence-based medicine, led to a new approach to government regulation, and made much of Michael Lewis’s own work possible. In The Undoing Project, Lewis shows how their Nobel Prize–winning theory of the mind altered our perception of reality.
End the Fed
Ron Paul - 2009
But in END THE FED, Ron Paul draws on American history, economics, and fascinating stories from his own long political life to argue that the Fed is both corrupt and unconstitutional. It is inflating currency today at nearly a Weimar or Zimbabwe level, a practice that threatens to put us into an inflationary depression where $100 bills are worthless. What most people don't realize is that the Fed -- created by the Morgans and Rockefellers at a private club off the coast of Georgia -- is actually working against their own personal interests. Congressman Paul's urgent appeal to all citizens and officials tells us where we went wrong and what we need to do fix America's economic policy for future generations.
INDIA’S TRYST WITH DESTINY - DEBUNKING MYTHS THAT UNDERMINE PROGRESS AND ADDRESSING NEW CHALLENGES
Jagdish N. Bhagwati - 2012
GOD & SPIES: RECENTLY DECLASSIFIED TOP SECRET OPERATION
Garry Matheny - 2018
Author GM Matheny was a US Navy saturation diver on the nuclear submarine USS Halibut. Involved in Operation Ivy Bells. America's most important (and most dangerous of the Cold War) clandestine operations. If you like good old fashioned American bravado, espionage and American history, you will enjoy this book. GOD & SPIES is a firsthand account of America's greatest intelligence coup! Operation Ivy Bells was not a onetime intercept of foreign intelligence but an ongoing operation of multiple Soviet military channels! Another reason for the high interest in our operation was the audacious nature in which it was done—with not one person risking his neck but the crews of two US Navy nuclear submarines which rendezvoused in Soviet territorial waters. “How did I end up as a navy diver, four hundred feet down in a frigid Russian sea? After making my dad totally disgusted with me, I set out to make him happy. ‘Honor thy father’ - I struggled with a decision to serve God. ‘Lord, I will give my life to you and serve you if you let me make this dive.’ But I had the impression He only wanted to know one thing: ‘What if I do not let you? Will you serve me anyway?’”
Oscar Oliver's Christmas
Mark Haysom - 2015
a highly readable novel with a warm heart' The Independent'In just a word or two, Mark Haysom evokes the pain of a deserted parent or the fear of a little boy' We Love This Book'Love, Love Me Do manages to be both funny and heart-breaking' Good Housekeeping
Second Chance: An American History Military Time Travel Novel
Michael Roberts - 2021
Deputies of Dos Brazos: A Boxset
Dee Bridgnorth - 2019
PART I When Deputy Carson Wheeler goes to the One Hart Ranch to investigate a report of cattle rustling, he finds himself face to face with Melody Hart. Melody is the last of the Harts left to run the old ranching operation. She’s fierce and hardworking and Carson finds himself fascinated in spite of how prickly she seems with him. But they’re going to have to work together to unravel the case of the animal rights activists looking to shut down what they see as an abomination against cattle and the ranching tradition itself. PART II One of Deputy Lilliana Martinez’s favorite stops every morning is at the food truck parked not far from the sheriff’s office. There are Burrito Trucks everywhere in the valley. But lately, there have been several very strange robberies. When Lilli witnesses a robbery, she takes a personal interest in the case. Lilli thinks that it’s an inside job and she even has her suspect. Oscar Garcia certainly looks the part. But the more Lilli gets to know Oscar, the more she realizes that he only looks like a thug on the outside. On the inside, he’s a prince among men. And in fact, it’s the one who looks like a prince that is really the devil in disguise. PART III Deputy Rico Attencio is not a big fan of art and yoga weekends. Maybe that’s why he’s not all that surprised to get a phone call from the artists’ retreat saying that they have a problem. What Rico could never predict was how attractive he finds the owner. Sara Sellers is nothing like what Rico expected. Sara is absolutely sure that someone is poisoning her guests. But it will take more than a little bit of sleuthing and good old fashioned common sense to find the culprit before someone winds up dead. PART IV Deputy Tom Mason is just as supportive of this resurgence of the homestead movement as anyone else. That is until it starts to spawn a herd of livestock and children who seem determined to wander through the streets of Dos Brazos. First chickens. Then a bull. And then eventually there are goats and children roaming just about everywhere around town and getting in the way of normal things like traffic. When Florence Fiskars from the Department of Social Services asks Deputy Tom for a hand, he is sure that the state is just going to make a mess of things. It does not take long for them to discover they’ve stumbled onto a little more than the average negligence case. Tom always heard about the “orphan train” in history class as a boy. He just never thought he’d discover that someone was attempting to use orphan labor in the here and now. PART V There have been a lot of changes in the valley, but when someone starts putting pressure on Clarissa Maestas to sell her family’s farm, she digs in her heels and says no. Then a string of strange things begins to happen within the Maestas family’s Farm to Table operation. That’s when Clarissa calls in the help of her oldest school friend, now sheriff of the Dos Brazos Valley. What Wyatt and Clarissa dig up has them realizing that someone has huge plans for the valley that leaves no room for any of the locals. It’s up to Clarissa and Wyatt to put aside their childhood quarrels and put a stop to the Hollywood invasion before it’s too late.
Clean: A story of addiction, recovery and the removal of stubborn stains
Michele Kirsch - 2019
And yet, when she finally does have something like that life, as a wife and mother in 1980s London, she is the one blaring music from her room, necking vodka and valium and making an almighty mess of her home and family.Cleaning other people’s houses, eventually, is the only option left. At 50 years old, post rehab, living alone in a Hackney bedsit, Michele finds herself finishing her working life as she had begun, “in a dumb job that you do when you can’t really do anything else...”This is a remarkable, powerful, and often unbearably funny memoir in which cleaning and getting clean intertwine as a strange and magical form of redemption. Michele Kirsch is a Nora Ephron for the modern age.
Tom Hanks: Nice to Meet You (Biographies of Famous People)
James J. Diamond - 2016
It's the hard that makes it great.” – Tom Hanks Tom Hanks is a much-beloved American film actor whose cheerful everyman persona made him a natural for starring roles in many popular films. He is one of the most critically acclaimed actors in Hollywood today and with good reason. Throughout the span of his successful and impressive career, Hanks has excelled in nearly every genre, heading the casts of some of the most well-received films in history. Widely regarded as one of Hollywood’s nicest actors, Hanks is known for his amiable, approachable personality and his ability to portray characters audiences can relate to and love. His characters are often immensely likeable ordinary guys. Despite the fact that he originally wanted to be an astronaut, Hanks has enjoyed great success and fulfillment as an actor. He may even have predicted his future career in film when he was just a teenager. In 1974, Hanks wrote a letter to industry big shot George Roy Hill, the Oscar-winning director of the film Butch Cassidy and the Sundance Kid (1969), with the hope that he might one day be “discovered.” Hanks was eighteen years old at the time and most likely wrote the letter before studying theatre at a junior college in Hayward, California. Hanks was grateful for his community college experience, describing himself as an underachieving high school student with lousy SAT scores and the junior college as one that was humble, but offered salvation and opportunity for many young men and women just like him, all with simple, hometown America roots, and a desire to do something great. In the letter, Hanks introduces himself to Hill as “a nobody.” he continues, saying that no one has ever heard of him, that his looks are not stunning, and that he can’t even grow a mustache. He outlines the details of his future discovery for Hill so that he might recognize the opportunity in the future. Toward the end, Hanks reminds Hill, “I do not want to be some big time, Hollywood superstar with girls crawling all over me, just a hometown American boy who has hit the big time, owns a Porsche, and calls Robert Redford 'Bob'." Hanks was indeed discovered, albeit not by Hill, and has enjoyed enormous success. But the part of Hanks’ prediction that has held remarkably true is that he never has strayed far from his beginnings. Hanks has indeed remained that likeable hometown boy who rubs elbows with – and, in fact, has become friends with – some of the greatest names in movie making history... Buy Now and Discover the Entertaining Story of Tom Hanks