This is a true story of personal greed and downfall, corporate
greed fuelled with economic and social treachery, shareholder waste
and discrimination at AIG, 70 Pine Street in the heart of the
financial district. This address is know as the AIG Tower, hence
the working title - "Tower of Thieves" - the central character is a
man with a wife, a family, who has cheated his way to the top by
doing good. He is responsible for leading a 60 billion dollar
organisation with over 40,000 employees world-wide at one of the
largest companies in the world. What he sees and what he does
validates what unchecked power on Wall Street will do to a man and
what it has done to an entire company and country. The events at
AIG lead right to the CEO and Senior Vice Chairman and how our guy
fights an entire corrupt organisation and how he became one of
those he despised. 'We found each other pretty easily - he
recognised me from a photo that had appeared in the local paper
about the book I was writing about Bear Stearns - and he asked if
we could go 'somewhere more private' to talk. Part of me thought
this was ridiculous. A big part of me, in fact. All this
cloak-and-dagger nonsense seemed out of place in early summer
Nantucket, Massachusetts, of all places. But there was some little
sliver inside that told me this could be good. So I went along with
it. We went to a park, sat down and, once we had gotten through the
formalities about how the Bear book was going, we got down to
business. 'I should tell you that I'm going to federal prison at
the end of the year', he began. "In my admittedly limited
experience with such introductions, I have to say that any time a
conversation starts with someone's announcing their impending
sentencing date, fasten your seatbelt, because the story that
follows is usually related to the sentencing date itself and is
also usually pretty interesting. I took notes as John rolled out
his story, the same story you're about to read here. After about
five minutes, though, I realised I was no longer writing. I was
just listening in disbelief to what he was telling me. Half an hour
later, I was back at my computer, writing the last couple of
chapters of "Bear Trap", already looking ahead to what we were
calling 'the AIG book'. This meeting took place long before AIG was
the poster child for corporate greed and chutzpah. For that matter,
this was before a lot of people had ever even heard of AIG, and
even fewer people knew what they did as a corporation. This is a
story of what our taxpayer dollars have purchased.
General
Imprint: |
Brick Tower Press
|
Country of origin: |
United States |
Release date: |
September 2016 |
First published: |
October 2009 |
Authors: |
Andrew Spencer
|
Foreword by: |
John Falcetta
|
Dimensions: |
155 x 230 x 21mm (L x W x T) |
Format: |
Hardcover - Paper over boards / With dust jacket
|
Pages: |
257 |
ISBN-13: |
978-1-883283-69-8 |
Categories: |
Books >
Business & Economics >
Economics >
General
|
LSN: |
1-883283-69-8 |
Barcode: |
9781883283698 |
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