Who filled the trough? Who set the table at the banquet of greed?
How has it been possible for corporate pigs to gorge themselves on
grossly inflated pay packages and heaping helpings of stock options
while the average American struggles to make do with their
leftovers?
Provocative political commentator Arianna Huffington yanks back the
curtain on the unholy alliance of CEOs, politicians, lobbyists, and
Wall Street bankers who have shown a brutal disregard for those in
the office cubicles and on the factory floors. As she puts it:
"The economic game is not supposed to be rigged like some shady
ring toss on a carnival midway." Yet it has been, allowing
corporate crooks to bilk the public out of trillions of dollars,
magically making our pensions and 401(k)s disappear and walking
away with astronomical payouts and absurdly lavish perks-for-life.
The media have put their fingers on pieces of the sordid puzzle,
but Pigs at the Trough presents the whole ugly picture of what's
really going on for the first time--a blistering, wickedly witty
portrait of exactly how and why the worst and the greediest are
running American business and government into the ground.
Tyco's Dennis Kozlowski, Adelphia's John Rigas, and the Three
Horsemen of the Enron Apocalypse--Ken Lay, Jeff Skilling, and
Andrew Fastow--are not just a few bad apples. They are
manifestations of a megatrend in corporate leadership--the rise of
a callous and avaricious mind-set that is wildly out of whack with
the core values of the average American. WorldCom, Enron, Adelphia,
Tyco, AOL, Xerox, Merrill Lynch, and the other scandals are only
the tip of the tip of the corruption iceberg.
Making the case that our public watchdogs have become little more
than obedient lapdogs, unwilling to bite the corporate hand that
feeds them, Arianna Huffington turns the spotlight on the tough
reforms we must demand from Washington. We need, she argues, to go
way beyond the lame Corporate Responsibility Act if we are to stop
the voracious corporate predators from eating away at the very
foundations of our democracy.
Devastatingly funny and powerfully indicting, Pigs at the Trough is
a rousing call to arms and a must-read for all those who are
outraged by the scandalous state of corporate America.
"From the Hardcover edition."
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