Includes bibliographical references (pages 405-442) and index.
Contents:
Revolution. Prologue: Lewis Uhler, believer -- Walter Wriston, regulatory revolt -- Milton Friedman, proselytizer -- Richard Nixon and Arthur Burns, political expediency -- Joe Flom, the hostile takeover and its consequences -- Ivan Boesky, wanting it all -- Walter Wriston II, bailing out Citibank -- Ronald Reagan, the making of an ideology -- Ted Turner, Sam Walton, and Steve Ross, size becomes strategy -- Jimmy Carter, capitulation -- Howard Jarvis and Jack Kemp, tapping the anger -- Paul Volcker, Jimmy Carter and Ronald Reagan, revolution completed -- The new guard. Tom Peters and Jack Welch, promises broken -- Michael Milken, "the magnificent" -- Alan Greenspan, ideologue -- George Soros and John Meriwether, fabulous wealth and controversial power -- Sandy Weill, king of the world -- Jack Grubman, Frank Quattrone, Ken Lay, and Sandy Weill, decade of deceit -- Angelo Mozilo, the American tragedy -- Jimmy Cayne, Richard Fuld, Stan O'Neal, and Chuck Prince, collapse.
Summary:
Publisher description: This work shows the single-minded and selfish pursuit of immense personal wealth has been on the rise in the United States over the last forty years. Economic journalist Jeff Madrick tells this story through incisive profiles of the individuals responsible for this dramatic shift in our country's fortunes, from the architects of the free-market economic philosophy to the politicians and businessmen who put it into practice. Their stories detail how a movement initially conceived as a moral battle for freedom instead brought about some of our nation's most pressing economic problems, including the intense economic inequity and instability America suffers from today. This is an indispensible guide to understanding the 1 percent.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.