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Author: Stewart Pinkerton Publisher: Macmillan + ORM ISBN: 142998774X Category : Business & Economics Languages : en Pages : 284
Book Description
Forbes: the legendary name in finance journalism. Synonymous with wealth, grand excess, glamour, and fun as well as style, insight, gossip, and hard-nosed reporting, the media empire and the family behind it form a remarkable story that has never been told. Now, in The Fall of the House of Forbes, veteran journalist Stewart Pinkerton reveals the hidden machinations, disastrous decisions, and personal foibles of a century-old dynasty that rose to glittering heights and crashed just as spectacularly. Writing from an insider's perspective and first-hand sources developed over his twenty years as a writer and editor at Forbes, Pinkerton takes us to the ritualized formal lunches inside the mansion-like headquarters at 60 Fifth Avenue in Manhattan; the lavish advertiser parties on board the family yacht, The Highlander; the sybaritic private life of Malcolm Forbes and the family's increasing discomfort with its patriarch; and the glory days of the magazine, with its news-making stories, high-rolling expense accounts, and bar-setting standards for anyone who aspired to wealth and its trappings. But as the media business changed, Forbes was slow to react, and found itself burdened by Malcolm's immense personal expenses, Steve Forbes's bumbling, self-financed presidential campaigns, and the family's hubris and hesitation in the face of reality. A series of devastating business decisions and an internecine struggle for power forced the sale of the Faberge eggs, the vintage toy collection, the homes, the private island, the yacht, and finally the sale of 40% of the company itself to outside investors...a collapse of shocking speed after decades of unsurpassed success. A compelling narrative account of a powerful family's dysfunction, The Fall of the House of Forbes is a parable of capitalism at its best and worst, and a metaphor for the current state of digital turmoil in media.
Author: Stewart Pinkerton Publisher: Macmillan + ORM ISBN: 142998774X Category : Business & Economics Languages : en Pages : 284
Book Description
Forbes: the legendary name in finance journalism. Synonymous with wealth, grand excess, glamour, and fun as well as style, insight, gossip, and hard-nosed reporting, the media empire and the family behind it form a remarkable story that has never been told. Now, in The Fall of the House of Forbes, veteran journalist Stewart Pinkerton reveals the hidden machinations, disastrous decisions, and personal foibles of a century-old dynasty that rose to glittering heights and crashed just as spectacularly. Writing from an insider's perspective and first-hand sources developed over his twenty years as a writer and editor at Forbes, Pinkerton takes us to the ritualized formal lunches inside the mansion-like headquarters at 60 Fifth Avenue in Manhattan; the lavish advertiser parties on board the family yacht, The Highlander; the sybaritic private life of Malcolm Forbes and the family's increasing discomfort with its patriarch; and the glory days of the magazine, with its news-making stories, high-rolling expense accounts, and bar-setting standards for anyone who aspired to wealth and its trappings. But as the media business changed, Forbes was slow to react, and found itself burdened by Malcolm's immense personal expenses, Steve Forbes's bumbling, self-financed presidential campaigns, and the family's hubris and hesitation in the face of reality. A series of devastating business decisions and an internecine struggle for power forced the sale of the Faberge eggs, the vintage toy collection, the homes, the private island, the yacht, and finally the sale of 40% of the company itself to outside investors...a collapse of shocking speed after decades of unsurpassed success. A compelling narrative account of a powerful family's dysfunction, The Fall of the House of Forbes is a parable of capitalism at its best and worst, and a metaphor for the current state of digital turmoil in media.
Author: Peter L. W. Osnos Publisher: ISBN: 9781735996806 Category : Languages : en Pages :
Book Description
In more than five decades as a reporter, editor and publisher, Peter Osnos has had an especially good view of momentous events and relationships with some of the most influential personalities of our time.As a young journalist for I.F.Stone's Weekly, one of the leading publications of the turbulent 1960s and in 18 years at The Washington Post , he covered the war in Vietnam and Cambodia, the Soviet Union at the height of Kremlin power, Washington D.C. as National Editor, "Swinging London" in the 60s and Thatcher's Britain in the 1980s.At Random House and the company he founded, PublicAffairs, he was responsible for books by four presidents -Carter, Clinton, Obama and Trump; celebrated Washington figures including Robert McNamara, House Speaker Tip O'Neill and Vernon Jordan, first ladies Rosalynn Carter and Nancy Reagan, the billionaire George Soros, basketball superstars Kareem Abdul Jabbar and Magic Johnson, legendary spies, political dissidents and the writers, Molly Ivins and Peggy Noonan, among many others. In this unusually wide-ranging memoir, Osnos uses a reporter's skills to portray historic events and encounters beginning with his parents' extraordinary World War II experiences escaping Europe to India, where he was born, to the present day. He shares unique portraits of the famous people he worked with and an insider's perspective of the news and publishing businesses.As he charts the evolution of his career and recent history, he also explores the influence and impact of family, character, curiosity, luck, resilience, a well-pressed suit and some unexpected wrinkles. Also featuring a "virtual attic" of photographs.
Author: Oonagh McDonald Publisher: A&C Black ISBN: 1780935234 Category : Business & Economics Languages : en Pages : 494
Book Description
The book demonstrates how politicians and federal agencies dominated Fannie Mae and Freddie Mac and took just thirteen years to wreck the American dream of home ownership.
Author: Sukey Forbes Publisher: Penguin ISBN: 0143127578 Category : Children Languages : en Pages : 258
Book Description
After losing her daughter Charlotte to a rare genetic disorder, life for Sukey Forbes is completely shattered. As devastated as she is, Forbes searches for ways to deal with her grief. She wants desperately to recover a full, meaningful life on the private island of Naushon where she and her family live. Forbes begins exploring her family's rich history of spiritual seekers, including her great-great-great grandfather, Ralph Waldo Emerson, who similarly lost a young child.
Author: Dean Starkman Publisher: Columbia University Press ISBN: 0231536283 Category : Language Arts & Disciplines Languages : en Pages : 385
Book Description
The Pulitzer Prize-winning reporter details “how the U.S. business press could miss the most important economic implosion of the past eighty years” (Eric Alterman, media columnist for The Nation). In this sweeping, incisive post-mortem, Dean Starkman exposes the critical shortcomings that softened coverage in the business press during the mortgage era and the years leading up to the financial collapse of 2008. He examines the deep cultural and structural shifts—some unavoidable, some self-inflicted—that eroded journalism’s appetite for its role as watchdog. The result was a deafening silence about systemic corruption in the financial industry. Tragically, this silence grew only more profound as the mortgage madness reached its terrible apogee from 2004 through 2006. Starkman frames his analysis in a broad argument about journalism itself, dividing the profession into two competing approaches—access reporting and accountability reporting—which rely on entirely different sources and produce radically different representations of reality. As Starkman explains, access journalism came to dominate business reporting in the 1990s, a process he calls “CNBCization,” and rather than examining risky, even corrupt, corporate behavior, mainstream reporters focused on profiling executives and informing investors. Starkman concludes with a critique of the digital-news ideology and corporate influence, which threaten to further undermine investigative reporting, and he shows how financial coverage, and journalism as a whole, can reclaim its bite. “Can stand as a potentially enduring case study of what went wrong and why.”—Alec Klein, national bestselling author of Aftermath “With detailed statistics, Starkman provides keen analysis of how the media failed in its mission at a crucial time for the U.S. economy.”—Booklist
Author: Christopher Leonard Publisher: Simon and Schuster ISBN: 1982166649 Category : Business & Economics Languages : en Pages : 384
Book Description
The New York Times bestseller from business journalist Christopher Leonard infiltrates one of America’s most mysterious institutions—the Federal Reserve—to show how its policies spearheaded by Chairman Jerome Powell over the past ten years have accelerated income inequality and put our country’s economic stability at risk. If you asked most people what forces led to today’s unprecedented income inequality and financial crashes, no one would say the Federal Reserve. For most of its history, the Fed has enjoyed the fawning adoration of the press. When the economy grew, it was credited to the Fed. When the economy imploded in 2008, the Fed got credit for rescuing us. But here, for the first time, is the inside story of how the Fed has reshaped the American economy for the worse. It all started on November 3, 2010, when the Fed began a radical intervention called quantitative easing. In just a few short years, the Fed more than quadrupled the money supply with one goal: to encourage banks and other investors to extend more risky debt. Leaders at the Fed knew that they were undertaking a bold experiment that would produce few real jobs, with long-term risks that were hard to measure. But the Fed proceeded anyway…and then found itself trapped. Once it printed all that money, there was no way to withdraw it from circulation. The Fed tried several times, only to see the market start to crash, at which point the Fed turned the money spigot back on. That’s what it did when COVID hit, printing 300 years’ worth of money in a few short months. Which brings us to now: Ten years on, the gap between the rich and poor has grown dramatically, inflation is raging, and the stock market is driven by boom, busts, and bailouts. Middle-class Americans seem stuck in a stage of permanent stagnation, with wage gains wiped out by high prices even as they remain buried under credit card debt, car loan debt, and student debt. Meanwhile, the “too big to fail” banks remain bigger and more powerful than ever while the richest Americans enjoy the gains of a hyper-charged financial system. The Lords of Easy Money “skillfully” (The Wall Street Journal) tells the “fascinating” (The New York Times) tale of how quantitative easing is imperiling the American economy through the story of the one man who tried to warn us. This is the first inside story of how we really got here—and why our economy rests on such unstable ground.
Author: Emer O'Sullivan Publisher: Bloomsbury Publishing USA ISBN: 1608199886 Category : Biography & Autobiography Languages : en Pages : 529
Book Description
The first biography of Oscar Wilde that places him within the context of his family and social and historical milieu--a compelling volume that finally tells the whole story. It's widely known that Oscar Wilde was precociously intellectual, flamboyant, and hedonistic--but lesser so that he owed these characteristics to his parents. Oscar's mother, Lady Jane Wilde, rose to prominence as a political journalist, advocating a rebellion against colonialism in 1848. Proud, involved, and challenging, she opened a salon and was known as the most scintillating hostess of her day. She passed on her infectious delight in the art of living to Oscar, who drank it in greedily. His father, Sir William Wilde, was acutely conscious of injustices of the social order. He laid the foundations for the Celtic cultural renaissance in the belief that culture would establish a common ground between the privileged and the poor, Protestant and Catholic. But Sir William was also a philanderer, and when he stood accused of sexually assaulting a young female patient, the scandal and trial sent shockwaves through Dublin society. After his death, the Wildes decamped to London where Oscar burst irrepressibly upon the scene. The one role that didn't suit him was that of Victorian husband, as his wife, Constance, was to discover. For beneath his swelling head was a self-destructive itch: a lifelong devourer of attention, Oscar was unable to recognize when the party was over. Ultimately, his trial for indecency heralded the death of decadence--and his own. In a major repositioning of our first modern celebrity, The Fall of the House of Wilde identifies Oscar Wilde as a member of one of the most dazzling Irish American families of Victorian times, and places him in the broader social, political, and religious context. It is a fresh and perceptive account of one of the most prominent characters of the late nineteenth century.
Author: Elizabeth Forbes Publisher: ISBN: 9781908122582 Category : FICTION Languages : en Pages : 0
Book Description
Cassandra. Contentedly married to Dan. They rub along together in that sort of comfortable middle-years manner. Everything is pretty much 'normal', uneventful, dull even. Then Ellie arrives in the village. Ellie is writing a novel and, with her self-professed expertise in uncovering other people's secrets, she always likes to place herself in the centre of the plot. Cassandra thinks she might be a little too much in the centre when she discovers that Ellie is writing about her, Dan and their daughter Laura and it seems that Ellie wants Cassandra to know.