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Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financi | |||
Tearing Down the Walls: How Sandy Weill Fought His Way to the Top of the Financi |
Tearing Down the Walls tells the riveting inside story of how a Jewish boy from Brooklyn's back alleys overcame incredible odds and deep-seated prejudices to transform the financial-services industry as we know it today.
Using nearly five hundred firsthand interviews with key players in Weill's life and career -- including Weill himself -- Langley brilliantly chronicles not only his success and scandals but also the shadows of his hidden self: his father's abandonment and his loving marriage; his tyrannical rages as well as his tearful regrets; his fierce sense of loyalty and his ruthless elimination of potential rivals. By highlighting in new and startling detail one man's life in a narrative as richly textured and compelling as a novel, Tearing Down the Walls provides the historical context of the dramatic changes not only in business but also in American society in the last half century.
作者简介 Monica Langley has written for The Wall Street Journal for twelve years. Her investigative reports on a wide array of subjects have regularly appeared on the Journal's front page. Formerly a practicing attorney for eight years, she lives with her husband and daughter in New York City. --This text refers to an out of print or unavailable edition of this title.
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From Publishers Weekly
A symbol of crony capitalism thanks to his friendly phone call to the 92nd Street Y pre-school on behalf of analyst Jack Grubman, Sanford Weill helped lay the groundwork for today''s vertically integrated (and scandal-ridden) financial industry. Starting with a small brokerage, Weill built several business empires that culminated in the $83 billion 1998 merger that put him atop the global financial services leviathan Citigroup, an unprecedented agglomeration of investment and retail banks, insurance companies, consumer loan corporations and stock brokerages. More than a mere deal-maker, he also brought "lean and mean" management to Wall Street by laying off workers, slashing benefits, raiding pension funds and substituting stock options for salaries. Wall Street Journal reporter Langley''s colorful biography tells this story well. She paints a vivid portrait of Weill, whose messy appetites, towering tantrums and voracious desire for corporate jets and other status symbols make him seem occasionally pre-schoolish himself, and provides a blow-by-blow account of Wall Street''s sometimes explosive restructuring grounded in pettiness, nepotism and backstabbing. It''s hard, though, to see the drama in executive turf battles when even the losers walk away with $30 million golden parachutes, and larger issues can get lost in the soap opera of office politics. The economic ramifications of the financial industry''s reorganization are hardly touched on, and the effects of Weill''s draconian cost-cutting on the rank-and-file who bore the brunt of it are treated as an untroubling prerequisite to rising productivity and share-holder value. Langley''s book is informative and highly readable, but there''s a much bigger story to be told.
Copyright 2003 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
BusinessWeek, March 3, 2003
A well-written, fast-paced read that does the best job yet of explaining who Sandy Weill is. --This text refers to an out of print or unavailable edition of this title.
Review
Forbes
A riveting narrative.
The Economist
A rollicking biography.
BusinessWeek
A well-written, fast-paced read that does the best job yet of explaining who Weill is.
Time
[A] richly reported recent history of Wall Street and corporate America told through an oversize personality.
Review
Bryan Burrough coauthor of Barbarians at the Gate No single figure looms larger in Wall Street history over the last thirty years than Sandy Weill, and until now no single book has captured his boundless energy, street-savvy intellect, and towering ambition. More than a riveting narrative of one man''s relentless climb to the top of the financial world, Tearing Down the Walls is also a fascinating chronicle of how Wall Street changed in the 90s. Any business person interested in the current world of finance will want to devour the book now, and I suspect it will be mandatory reading on trading floors and in business school for years to come. --This text refers to an out of print or unavailable edition of this title.