Business adventures twelve classic tales from the world of Wall Street

From Wall Street to Main Street, John Brooks, longtime contributor to the New Yorker, brings to life in vivid fashion twelve classic and timeless tales of corporate and financial life in America. What do the $350 million Ford Motor Company disaster known as the Edsel, the fast and incredible rise of...

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Main Author: Brooks, John, 1920-1993 (Author)
Format: Books Print Book
Language: English
Published: New York : Open Road Integrated Media, 2014.
Subjects:
Summary: From Wall Street to Main Street, John Brooks, longtime contributor to the New Yorker, brings to life in vivid fashion twelve classic and timeless tales of corporate and financial life in America. What do the $350 million Ford Motor Company disaster known as the Edsel, the fast and incredible rise of Xerox, and the unbelievable scandals at General Electric and Texas Gulf Sulphur have in common? Each is an example of how an iconic company was defined by a particular moment of fame or notoriety; these notable and fascinating accounts are as relevant today to understanding the intricacies of corporate life as they were when the events happened. Stories about Wall Street are infused with drama and adventure and reveal the machinations and volatile nature of the world of finance. John Brooks's insightful reportage is so full of personality and critical detail that whether he is looking at the astounding market crash of 1962, the collapse of a well-known brokerage firm, or the bold attempt by American bankers to save the British pound, one gets the sense that history repeats itself. Five additional stories on equally fascinating subjects round out this wonderful collection that will both entertain and inform readers . . . Business Adventures is truly financial journalism at its liveliest and best.
Item Description: Includes index.
Physical Description: iv, 459 pages ; 21 cm
ISBN: 1497644895
9781497644892
Author Notes: John Nixon Brooks was born on December 5, 1920, in New York City. He grew up in Trenton, New Jersey, and graduated from Princeton University in 1942. He was in the Unites States Army Air Forces immediately following his graduation, until 1945. Brooks went to work for Time magazine, where he became a contributing editor. In 1949, he joined The New Yorker as a staff writer. At the magazine, he wrote many articles and profiles about well-known business figures of the day. These profiles included Henry Ford II, Louis Rukeyser, Robert Moses, Arthur Laffer and Richard Whitney.

Brooks authored three novels, of which, The Big Wheel, published in 1949, was most notable. It described a newsmagazine similar to Time. He also published ten non-fiction books on business and finance. His best-known books were Once in Golconda: A True Drama of Wall Street, 1920-1938, about the scandal surrounding Wall Street banker Richard Whitney; The Go-Go Years, which was about Wall Street in the 1960s; and The Takeover Game about the merger mania of the 1980s.

In his later years, Brooks's writing on finance won him three Gerald Loeb Awards. He also served as vice president of PEN for four years, a vice president of the Society of American Historians and a trustee of the New York Public Library from 1978 until 1993. Brooks died on July 27, 1993, in East Hampton, New York, from complications of a stroke.

His title Business Adventures was reprinted in 2014, after it had been featured in a Wall Street Journal article as Bill Gates's favorite business book.

(Bowker Author Biography)