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Books > History > History of specific subjects > History of specific institutions
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.
THE GREEDSTERS: When Enough Is Never Enough analyzes the essence of
greed throughout the centuries and in modern American business
culture. From small scams to billion-dollar Ponzi schemes, from
insolvent local lenders to mega-bank bailouts, from fraud on Main
Street to the collapse of global corporations-the greedy are
preying on us from every business sector. Author Richard G. Gray,
Sr. counsels us to return to sound business principles based on
integrity and urges us to produce again actual goods and services
that provide jobs, income and security for our country.
This Is A New Release Of The Original 1902 Edition.
Check out www.privateerbook.com. Privateer is the untold story of
MAXIMUS, the largest social welfare privatization firm in America.
Find out how a one-person startup evolved into a powerful New York
Stock Exchange company that challenged government labor unions and
forever changed the way entitlement programs are managed. The book
is written for entrepreneurs building a business, politicians and
and government officials seeking reform, citizens concerned with
government entitlement programs, and academicians teaching business
and public administration. The book presents lessons learned in the
real world of government contracting, explaining how MAXIMUS
survived intense competition, highly political environments, and
hostile government unions to achieve success. MAXIMUS grew at the
astonishing rate of 36.5% over a 29 year period, each year earning
a profit and never going into debt. Learn how numerous stall points
on the growth curve were overcome to achieve rapid growth. The
company has managed health and welfare programs throughout the US
as well as England, Canada, and Australia. MAXIMUS staff have
replaced thousands of government workers to provide more efficient,
effective and compassionate services to people in need. Today
MAXIMUS is a mid cap stock with some 9,000 employees worldwide.
Take a critical view of the institutions that affect our
everyday lives with this extended essay. The most important of
these is the modern-day corporation, which continues to resist
social control despite an ability to adapt to the environment like
no other entity in human history.
Corporations continue to explode with power, and religious,
educational, and governmental organizations are looking to them as
examples. An increasing number of entities are learning how to
conduct themselves by looking at their corporate counterparts, and,
as a result, they're no longer fulfilling their true purposes.
Author Francis X. Healy Jr. examines the implications of these
disturbing developments. Discover why institutions continue to miss
expectations, why society suffers as a result of corporate models,
and how money and power interact in problematic ways.
The pursuit of money and power is stifling the true purposes of
institutions with honorable objectives. Many groups that once
carried at least a facade of being above it all are now stuck in
the moneypower continuum; if something doesn't change soon, the
consequences will be devastating.
The story of Tasmania's most controversial forestry giant, the
corruption that gave it power and the forces that brought it down.
At its peak, Gunns Ltd had a market value of $1 billion, was listed
on the ASX 200, was the largest employer in the state of Tasmania
and was its largest private landowner. Most of its profits came
from woodchipping, mainly from clear-felled old-growth forests. A
pulp mill in Tasmania's Tamar Valley was central to its expansion
plans. Gunns' collapse in 2012 was a major national news story, as
was the arrest of its CEO for insider trading. Quentin Beresford
illuminates for the first time the dark corners of the Gunns empire
and how it was embedded in an anti-democratic and corrupt system of
power supported by both main parties, business and unions.
Simmering opposition to Gunns and all it stood for ramped up into
an environmental campaign not seen since the Franklin Dam protests.
Fearless and forensic in its analysis, the book shows that
Tasmania's decades-long quest to industrialise nature fails every
time.
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