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The inside account of a financial meltdown that reshaped Wall Street In 1983, Lew Glucksman, then co-CEO of the heralded investment bank Lehman Brothers, demanded the resignation of chairman Pete Peterson, with whom he had long argued over how to manage the company. Shockingly, Peterson, who had taken charge a decade earlier and led Lehman from near collapse to record profits, agreed to step down. In this meticulously researched volume, Ken Auletta details the turmoil, infighting, and power struggles that brought about Peterson’s departure and the eventual sale of one of Wall Street’s oldest and most prestigious firms. Set against the backdrop of the 1980s stock exchange, where hotshot young traders made and lost millions in a single afternoon, the story of Lehman’s fall is a suspenseful battle of wills between bankers, traders, and executives motivated by greed, envy, and ego. Auletta, who conducted hundreds of hours of interviews and was granted access to private company records, has crafted a thorough, enduring, and engaging account of pivotal events that continued to influence this storied financial institution until its ultimate demise in 2008.
Arthur Schlesinger Jr. thought that he might one day become president. He was a protege of Felix Frankfurter and Fred Vinson--a political prodigy who held a series of important posts in the Roosevelt and Truman administrations. Whatever became of Edward F. Prichard, Jr., so young and brilliant and seemingly destined for glory? Prichard was a complex man, and his story is tragically ironic. The boy from Bourbon County, Kentucky, graduated at the top of his Princeton class and cut a wide swath at Harvard Law School. He went on to clerk in the U.S. Supreme Court and become an important figure in Roosevelt's Brain Trust. Yet Prichard--known for his dazzling wit and photographic memory--fell victim to the hubris that had helped to make him great. In 1948, he was indicted for stuffing 254 votes in a U.S. Senate race. J. Edgar Hoover, never a fan of the young genius, made sure he was prosecuted, and so many of the members of the Supreme Court were Prichard's friends that not enough justices were left to hear his appeal. So the man Roosevelt's advisors had called the boy wonder of the New Deal went to jail. Prichard's meteoric rise and fall is essentially a Greek tragedy set on the stage of American politics. Pardoned by President Truman, Prichard spent the next twenty-five years working his way out of political exile. Gradually he became a trusted advisor to governors and legislators, though without recognition or compensation. Finally, in the 1970s and 1980s, Prichard emerged as his home state's most persuasive and eloquent voice for education reform, finally regaining the respect he had thrown away in his arrogant youth.
The Boundary. The greatest feat of magic in the history of Madryn. An impenetrable barrier raised to imprison the Darklord Lorthas. Nearly a millennium has passed since the Boundary's creation, and its power is fading. The four races struggle amongst themselves, their once-proud alliance now distant memory. Old enemies have resurfaced, and new ones lurk in the shadows, eager to use the chaos to their advantage. The truth is known only by Jeran, an orphan raised in the shadow of the Boundary, and his companion Dahr, an outcast hiding from his past. Haunted by the knowledge of the Darklord's weakening prison and pursued by Tylor Durange, exiled Prince of Ra Tachan, the boys race across Madryn to deliver news of the Boundary's fall to the King of Alrendria. Yet their greatest threat may come, not from the Darklord, but from the secrets they try so hard to hide from each other.
After she met Graham Pulkingham, the spellbinding priest who had led Redeemer into a powerful renewal starting in 1964, Duin became convinced the world needed to know the story of this gifted man and his church. As she began investigating the story, many warned her there was a darker history behind Pulkingham. Now the journalist who first broke that story reveals the details of the scandal that rocked the charismatic and Christian community movements, and the Episcopal Church.--Books in Print
FLIGHT INTO THE UNKNOWN… 100 million dead. 500 million wounded. One billion homeless. The worst war in human history is over—and has left the Star League shattered. Jealousy and infighting from the five Great House Lords over who will be the next First Lord has the entire Inner Sphere already teetering on the brink of all-out conflict again. Against this grim backdrop, Aleksandr Kerensky, commanding general of the Star League Defense Force, faces a terrible choice. Stay, and see the mightiest military ever known subsumed into the Great Houses, lighting a conflagration that may burn even brighter than the terrible Amaris Coup. Or do the unthinkable… To save the Inner Sphere, Aleksander—along with his sons, Nicholas and Andery—must leave it behind. He marshals the largest fleet ever assembled to carry millions of people on thousands of JumpShips to head into the unknown. Exodus! But though the Great General strives to make a fresh start for his people far from the Inner Sphere, old habits and allegiances are difficult to leave behind. Soon the Kerenskys and their followers face threats both external and internal as they search the endless black for a new world upon which they can forge a Star League-in-Exile…or die trying.
On October 28, 1986, just one day after winning one of the most thrilling World Series in history, the New York Mets were feted by more than two million fans with a parade through the city. In news accounts of the event, there was a small aside, as this one in the New York Times: "Notable in his absence was the pitcher Dwight Gooden, who Mets officials later said had overslept." No, the Mets' twenty-one-year-old phenom had not slept too late. He had not slept at all, in fact. For Gooden, his postgame champagne celebration kicked off a cocaine binge that took him to a club in Long Island and wound up with him, wired, watching his teammates roll through the streets as he sat with strangers in a public housing project. Such were the 1980s in New York City, a gilded era buttressed by fast money from a real estate boom and the explosion of Wall Street wealth. The Mets and Giants, bolstered by lightning-rod personalities like Gooden and Lawrence Taylor, brought the city sporting glory while its celebrity wealthy added a tabloid-friendly touch of intrigue and national envy. Iconoclastic real estate developer Donald Trump gained national celebrity for his deal-making skill and the flaunting of his outsize ego. Even mayor Ed Koch had gained coast-to-coast fame and mention as a potential future president. Beneath the opulence was a tenuous foundation, one that collapsed spectacularly over the last half of the decade. Away from the cameras focused on the city's nouvelle riches, New York was beset by crisis after crisis--homelessness, AIDS, crack cocaine, organized crime. The swell of outrage over the unwillingness of the city elite to address those problems took years to finally reach a tipping point. Through interviews and detailed research, Greed and Glory gives the narrative of New York during these times, tracing the arc of its sports heroes and celebrities of that era, from their memorable highs to their ultimate lows.
In this deeply felt, unforgettable book, Bill Reynolds journeys with a high school basketball team through the past and present of an American town. Fall River, Massachusetts, is a once-prosperous industrial center haunted by its history, the Durfee High School basketball team begins its annual drive for a state championship: a quest that inspires and sometimes consumes kids, coaches, families, teachers, and all of Fall River. Fall River Dreams is the story of one season's quest-a classic book about sports, youth, time, hope, and memory in America today.
Winner of the Fletcher Pratt Award and the Jefferson Davis Award A companion volume to Army of the Heartland Near the end of 1862 the Army of Tennessee began a long and frustrating struggle against overwhelming obstacles and ultimate defeat. Federal strength was growing, and after the Confederate surrender at Vicksburg, the total Union effort became concentrated against the Army of Tennessee. In the face of these external military problems, the army was also plagued with internal conflict, continuing command discord, and political intrigue. In Autumn of Glory, the final volume of Thomas Lawrence Connelly’s definitive history of one of the Confederacy’s two major military forces, Connelly analyzes the factors underlying the army’s failure during the last two years of the Civil War. The army’s military operations—including such major battles and campaigns as Murfreesboro, Chickamauga, Lookout Mountain, Missionary Ridge, Kennesaw Mountain, Peachtree Creek, Atlanta, Ezra Church, Jonesboro, and Bentonville—are viewed in perspective with its growing internal problems and the personality peculiarities of its commanders. In late 1863 a well-organized movement within the army against General Bragg failed. After his departure, a semblance of the anti-Bragg organization still remained, and subsequently the army’s leadership became embroiled in national Confederate politics. Connelly traces these growing problems of command discord and political intrigue and examines their disastrous effects upon the army’s political fortunes. Connelly’s first volume, Army of the Heartland, explores the military significance of the “heartland” of the Confederacy and covers the army’s operations from 1861 to late 1862. With the completion of these two volumes, the author has narrowed the historiographical gap between Lee’s Army of Virginia and the Confederacy’s “other army.”
The battle of Gettysburg was the largest engagement of the Civil War, and--with more than 51,000 casualties--also the deadliest. The highest regimental casualty rate at Gettysburg, an estimated 85 percent, was incurred by the 26th North Carolina Infantry. Who were these North Carolinians? Why were they at Gettysburg? How did they come to suffer such a grievous distinction? In Covered with Glory, award-winning historian Rod Gragg reveals the extraordinary story of the 26th North Carolina in fascinating detail. Praised for its "exhaustive scholarship" and its "highly readable style," Covered with Glory chronicles the 26th's remarkable odyssey from muster near Raleigh to surrender at Appomattox. The central focus of the book, however, is the regiment's critical, tragic role at Gettysburg, where its standoff with the heralded 24th Michigan Infantry on the first day of fighting became one of the battle's most unforgettable stories. Two days later, the 26th's bloodied remnant assaulted the Federal line at Cemetery Ridge and gained additional fame for advancing "farthest to the front" in the Pickett-Pettigrew Charge.
From the prizewinning journalist who broke the Tailhook scandal comes a no-holds barred expose of the scandals, corruption, and avoidable deaths that have blackened the reputation of the U.S. Navy. photo insert.