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Thursday, May 21, 2009

Deal Breaker (Myron Bolitar) by Harlan Coben


One chapter of The famous serie of Myron Bolitar
from Edgar Award winner : Harlan Coben

Review

"A mystery thriller with all the right stuff, intrigue, suspense, romance and humor...Coben keeps you in suspense from beginning to end."—The Newark Tribune

"Like fellow wise-cracking P.I.'s Spenser and Elvis Cole, Myron Bolitar is great fun in the best hard-boiled tradition."—Houston Chronicle

Product Description
Sports agent Myron Bolitar is poised on the edge of the big time. So is Christian Steele, a rookie quarterback and Myron's prized client. But when Christian gets a phone call from a former girlfriend, a woman who everyone, including the police, believes is dead, the deal starts to go sour. Trying to unravel the truth about a family's tragedy, a woman's secret, and a man's lies, Myron is up against the dark side of his business--where image and talent make you rich, but the truth can get you killed.

In novels that crackle with wit and suspense, Edgar Award winner Harlan Coben has created one of the most fascinating and complex heroes in suspense fiction--Myron Bolitar--a hotheaded, tenderhearted sports agent who grows more and more engaging and unpredictable with each page-turning appearance.

From the Inside Flap
Sports agent Myron Bolitar is poised on the edge of the big time. So is Christian Steele, a rookie quarterback and Myron's prized client. But when Christian gets a phone call from a former girlfriend, a woman who everyone, including the police, believes is dead, the deal starts to go sour. Trying to unravel the truth about a family's tragedy, a woman's secret, and a man's lies, Myron is up against the dark side of his business--where image and talent make you rich, but the truth can get you killed.

In novels that crackle with wit and suspense, Edgar Award winner Harlan Coben has created one of the most fascinating and complex heroes in suspense fiction--Myron Bolitar--a hotheaded, tenderhearted sports agent who grows more and more engaging and unpredictable with each page-turning appearance.

About the Author
Harlan Coben is the winner of the Edgar, Shamus, and Anthony awards. His critically acclaimed novels have been published in thirty-three languages around the world and have been number one bestsellers in more than half a dozen countries. In addition to the Myron Bolitar series (Deal Breaker, Drop Shot, Fade Away, Back Spin, One False Move, The Final Detail, Darkest Fear, and the upcoming Promise Me), he is also the author of Tell No One, Gone for Good, Innocent, The Woods, and Hold Tight.




Paul Newman: A Life



Paul Newman ( 1925-2008)
Age 83
The story of legendary American actor, film director, entrepreneur, humanitarian, and auto racing enthusiast

From The Washington Post's Book World/washingtonpost.com Reviewed by Ann Hornaday
Those eyes. Who wouldn't have had a charmed life with the endowment of such preternatural baby blues? And the metabolism of a 15-year-old boy, the superb physical coordination, the well-adjusted childhood and the series of fortunate breaks? Even the beneficiary himself had a name for it: "Newman's Luck." From the moment he was born, into a secure and stable Cleveland family in 1925, until he died at age 83 last September, Paul Newman personified that combination of congenital superiority, entitlement, modesty and beneficence that defined his era's most cherished ideals about America itself. For decades, he was probably the single best reason to go to the movies, from "Somebody Up There Likes Me" to "The Road to Perdition" (and let's not forget his gruff valedictory providing voice talent in the animated movie "Cars"). Newman embodied the Platonic ideal of the Hollywood movie star, combining heart-stopping good looks with genuine talent, and working continually at his craft when he could easily have coasted. But he found meaning in life far away from the screen: in Connecticut with his wife and six kids, on the racetrack, at camps he founded for terminally ill children and, relatively late in life, in a salad-dressing business that started as a lark but winded up being -- what else? -- stupendously successful. He was, in short, one hell of a guy. And Shawn Levy's absorbing, affectionate portrait manages to bring him back to us, if only cursorily. As Levy, a film critic for the Portland Oregonian, readily admits in the book's acknowledgments, he never spoke with Newman. He was forced to make do with interviews Newman had conducted with other reporters over the years, rearranging them in chronological order and constructing a grand unified narrative in the actor's own voice. Combining that with his own reporting and interjecting his own critical analyses of Newman's screen persona, Levy has respectfully and respectably summed up Newman as a man in full. By his own lights, that man was blessed with unusual good fortune. But occasionally even Newman's Luck gave out. Levy reminds readers that Newman's long and loving marriage to Joanne Woodward was the result of an affair during his first marriage, which had produced three children. (Even his marriage to Woodward endured at least one unbecoming instance of Newman's infidelity.) He had a difficult relationship with his only son, Scott, who in 1978 died of an accidental drug overdose. And, in what will perhaps come as the biggest surprise to readers, Newman himself was a devoted drinker. Although he eventually gave up the hard stuff, he continued to pound down several beers a day, somehow never developing the gut to show for it. That, pretty much, covers the bad news. The rest of "Paul Newman: A Life" reads as a virtually uninterrupted series of golden moments and gallantry. Fans of Newman's screen work may want to skip Levy's detailed chronicle of his subject's car-racing career in places like Atlanta and Daytona and Lime Rock, Conn., just as readers interested in his political activism -- which encompassed campaigns for Eugene McCarthy, Pete McCloskey and Ned Lamont -- may not especially care about whom he was up against each of the 10 times he was nominated for an Oscar. (He finally won in 1987, for "The Color of Money.") If the book occasionally feels rote in its retelling of Newman's accomplishments, it still presents a dutifully comprehensive record that, put together in one place, qualifies as astonishing in its consistency and level of achievement. Levy is most astute when he steps back to consider how Newman continually deployed his screen image to subvert his native appeal. As Fast Eddie Felson, Chance Wayne and Hud Bannon, he came to represent the youthful rebelliousness and anti-authoritarianism that the 1960s were all about. "The twist was that Newman played not kids but grown-ups," Levy writes, "more specifically, grown-ups who hadn't yet outgrown juvenile impulses, urges, and flaws and might never do so." Much later, in films like "The Verdict" and "Nobody's Fool," he played rough when he could have settled into a far more unthreatening dotage in more anodyne fare. It's tempting to think that Newman's Luck was just that: his alone, unattainable for mere mortals. But "Paul Newman: A Life" leaves readers with a surprisingly cheering and inspiring message. If the rest of us can't aspire to having Newman's life, we can at least take inspiration from the way he lived his. We can play the cards we're dealt -- with guts, grace and generosity.
Copyright 2009, The Washington Post. All Rights Reserved.

From Booklist
As many diverse roles as Paul Newman played on the silver screen, he occupied nearly as many roles in his real life. Levy, in this for-the-record biography, shows us Newman as the hungry New York actor, the guilt-ridden divorcé, the matinee idol, the grieving father, the business philanthropist—and many more. Newman thought of himself as essentially two people: the public actor and the private man. Levy shows us that, in fact, Newman had many different identities within those two primary delineations. As the public performer, he was a consummate professional (and, of course, glamorous beyond compare). In this context, he wore not only the hat of leading man but also those of director, fund-raiser, promoter, and stage performer. In his private life, Newman proved just as supple, inhabiting the roles of loyal son and brother, supportive husband (to actress Joanne Woodward) and responsible provider for his six children. But he had his faults. Levy delicately documents Newman’s extramarital dalliances as well as his fatherly failings. Ultimately, the author reveals how Newman was able to blend his many components and become a man of great integrity who was successful at almost everything he tried—including his charitable pursuits. Levy’s representation of the many Newmans will leave readers feeling that they have somehow slipped through the security gate and gotten to know a movie star who was famously guarded about his private life. --Jerry Eberle

Review
Praise for Paul Newman


“Shawn Levy’s absorbing, affectionate portrait manages to bring [Newman] back to us…. PAUL NEWMAN: A LIFE leaves readers with a suprisingly cheering message. If the rest of us can’t aspire to having Newman’s life, we can at least take inspiration from the way he lived his. We can play the cards we’re dealt–with guts, grace and generosity.”
—The Washington Post


“A graceful tribute to a one-of-a-kind man.”
—Seattle Times


“A rich, serious, yet thoroughly readable biography of a major American movie icon….Fascinating.”
—Portland Oregonian

“[A] very readable accounting of Newman’s life. Levy reveals the chinks…while still deeply appreciating the man.”
—People (featured review, 3 ½ stars)


“[R]ichly researched….Shawn Levy, a film critic at Portland's Oregonian, has done his homework....Being able to bask in Newman's Own insights is enough to bring this one-of-a-kind star back to life, however briefly. And to miss him terribly again when the final page is turned.”
—USA Today


“An illuminating look at one of the true greats, full of humor and intelligent analysis–highly recommended.”
—Kirkus, starred review

“Levy’s unique representation…will leave readers feeling that they have somehow slipped through the security gate and gotten to know a movie star who was famously guarded about his private life.”
—Booklist

“Respectful, thoroughgoing….Levy doesn’t’ shy from discussing Newman’s shortcomings as a father and husband, yet he leaves a glowing assessment of this legend’s career.”
—Publishers Weekly


Praise for Shawn Levy

The Last Playboy
“[Levy is] a bulldog researcher, and many of his judgments are astute...an entertaining, informative book.”
—Jonathan Yardley, Washington Post

Ready, Steady, Go!
“Nimble and exciting . . . Levy’s writing is more smashing than an Austin Powers movie.”
—Entertainment Weekly

Rat Pack Confidential
“An excellent book, not only in its depictions of the Pack’s carryings-on but in its portrayal of the dark turns each life took.”
—Boston Sunday Globe

Product Description
Paul Newman, the Oscar-winning actor with the legendary blue eyes, achieved superstar status by playing charismatic renegades, broken heroes, and winsome antiheroes in such revered films as The Hustler, Cool Hand Luke, Butch Cassidy and the Sundance Kid, The Verdict, The Color of Money, and Nobody’s Fool. But Newman was also an oddity in Hollywood: the rare box-office titan who cared about the craft of acting, the sexy leading man known for the staying power of his marriage, and the humble celebrity who made philanthropy his calling card long before it was cool.

The son of a successful entrepreneur, Newman grew up in a prosperous Cleveland suburb. Despite fears that he would fail to live up to his father’s expectations, Newman bypassed the family sporting goods business to pursue an acting career. After struggling as a theater and television actor, Newman saw his star rise in a tragic twist of fate, landing the role of boxer Rocky Graziano in Somebody Up There Likes Me when James Dean was killed in a car accident. Though he would joke about instances of “Newman’s luck” throughout his career, he refused to coast on his stunning boyish looks and impish charm. Part of the original Actors Studio generation, Newman demanded a high level of rigor and clarity from every project. The artistic battles that nearly derailed his early movie career would pay off handsomely at the box office and earn him critical acclaim.

He applied that tenacity to every endeavor both on and off the set. The outspoken Newman used his celebrity to call attention to political causes dear to his heart, including civil rights and nuclear proliferation. Taking up auto racing in midlife, Newman became the oldest driver to ever win a major professional auto race. A food enthusiast who would dress his own salads in restaurants, he launched the Newman’s Own brand dedicated to fresh ingredients, a nonprofit juggernaut that has generated more than $250 million for charity.

In Paul Newman: A Life, film critic and pop culture historian Shawn Levy gives readers the ultimate behind-the-scenes examination of the actor’s life, from his merry pranks on the set to his lasting romance with Joanne Woodward to the devastating impact of his son’s death from a drug overdose. This definitive biography is a fascinating portrait of an extraordinarily gifted man who gave back as much as he got out of life and just happened to be one of the most celebrated movie stars of the twentieth century.

About the Author
SHAWN LEVY is the film critic for The Oregonian and the author of The Last Playboy, Ready, Steady, Go!, Rat Pack Confidential, and King of Comedy. He lives in Portland, Oregon, with his wife and three children.

Saturday, May 16, 2009

Put Your Dream to the Test: 10 Questions that Will Help You See It and Seize It



Product Description

What's the difference between a dreamer and someone who achieves a dream? According to best-selling author Dr. John Maxwell, the answer lies in answering ten powerful, yet straightforward, questions. Whether you've lost sight of an old dream or you are searching for a new one within you, Put Your Dream to the Test provides a step-by-step action plan that you can start using today to see, own, and reach your dream. Dr. Maxwell draws on his forty years of mentoring experience to expertly guide you through the ten questions required of every successful dreamer:

· The Ownership Question

· The Clarity Question

· The Reality Question

· The Passion Question


·
The Pathway Question

· The People Question

·
The Cost Question

· The Tenacity Question

· The Fulfillment Question

· The Significance Question


More importantly, Dr. Maxwell helps you to create the right answers, giving you principles and tips to so you can make good decisions and maximize every moment to achieve your dream.

Don't leave your dream to chance. This book is a must-have and can make the difference between failure and success.


About the Author
John C. Maxwell
is an internationally recognized leadership expert, speaker, and author who has sold over 16 million books. His organizations have trained more than 2 million leaders worldwide. Dr. Maxwell is the founder of EQUIP and INJOY Stewardship Services.

On Competition by Michael E. Porter


The orginal ideas
The Five Competitive Forces That Shape Strategy
What Is Strategy?
Green and Competitive: Ending the Stalemate
The Competitive Advantage of the Inner City
From Competitive Advantage to Corporate Strategy
The new ideas
Philanthropy’s New Agenda: Creating Value
The Competitive Advantage of Corporate Philanthropy
The Link Between Competitive Advantage and Corporate Social Responsibility
Strategy and the Internet
Seven Surprises for New CEOs

Review
A highly respected academic and authority on strategy and competition, Porter draws together his articles on competition, which together provide a rigorous and useful framework for bridging the gap between theory and practice. The book has three sections. The first takes on competitive strategy, evaluating strategies and weaknesses for business, while the second addresses the role of location in competition experienced by government entities. Porter notes that prosperity in both companies and countries depends on the nature of the local environment in which the competition takes place. With an understanding of domestic and international competition, part 3 offers insight into such societal issues as urban poverty, health care, and income inequality. Porter concludes that competition is certain to be evolving, unsettling, and the source of our prosperity. --Booklist's 1998 Review of the original edition

On Competition, a collection of works by Michael E. Porter, is a critical examination of the dog-eat-dog international economy. A Harvard Business School professor, Porter is one of the most respected and innovative economists of his time. Author of 15 books, he advises key elected officials and business leaders in all parts of the world. On Competition features 13 of his best articles over the past 15 years, including 2 new ones. The essence of Porter's message is that every company, country, and person must master competition to thrive in brutal international and domestic economies. Competition is the key to excellence. Worried about losing your job or your services becoming obsolete? Porter believes that a little fear is good for everyone. "Companies that value stability, obedient customers, dependent suppliers and sleepy competitors are inviting inertia and, ultimately, failure," he writes in his 1990 study and essay "The Competitive Advantage of Nations." Porter is a longtime critic of the short-term thinking on Wall Street that often stifles competition and hurts the economy. In "Capital Disadvantage: America's Failing Capital Investment System," he calls for much lower capital-gains rates for people who invest for the long term. He also urges investors and businesses to start thinking together. He contends that pension funds and institutional investors should get a greater say over the companies they own. It's wacky to have company directors with little expertise or financial interest in the company, he writes.

Porter is often unconventional and asserts that businessmen must be, too. In his essay "Green and Competitive," he shows little sympathy for businesses that complain about environmental regulations. Rules to protect the environment don't have to strangle companies--they can actually improve productivity with the right attitude and approach. Rhone-Poulenc, a French chemical and drug company, proved this when it stopped incinerating a certain byproduct and began selling it as an additive for dyes and tanning. Readable and provocative, On Competition is vital for business, government, and financial leaders as well as small-business people and investors. --Amazon.com, by Dan Ring, 1998 Review of the original edition

Twenty years of studying industry performance and competitiveness have convinced Porter, a professor at the Harvard Business School and a noted authority on competition and corporate strategy, that a successful company must not only adopt the best practices available but also differentiate itself from its rivals. In 13 essays, some of which have appeared elsewhere, Porter elegantly lays out a sophisticated analytical framework for assessing the challenges firms face in today's business environment. Although Porter offers no magic formula for success, as a starting point for developing a long-term strategy, he does recommend close scrutiny of "factor conditions," "demand conditions," other competing and supporting industries and existing strategies and structures. Porter shows how companies have bested international competitors by forging integrated global strategies, operating with a long-term outlook, investing aggressively and managing factories carefully. He has also come to see the growing importance of geographical location to specific companies and celebrates the benefits of clustersAsystems of interconnected firms and institutionsAfor increased productivity and innovation. On the societal level, Porter's work, with its emphasis on long-term planning, brings a welcome new perspective to perennially thorny policy issues such as environmental protection, inner-city development and universal access to health care. While this book requires a serious investment of time and effort, its expert dissection of a very complex phenomenon is worth it. Line drawings throughout.
Copyright 1998 Reed Business Information, Inc. --Publishers Weekly's 1998 Review of the original edition

Product Description

For the past two decades, Michael Porter's work has towered over the field of competitive strategy. On Competition, Updated Edition brings together more than a dozen of Porter's landmark articles from the Harvard Business Review. Five are new to this edition, including the 2008 update to his classic "The Five Competitive Forces That Shape Strategy," as well as new work on health care, philanthropy, corporate social responsibility, and CEO leadership.

This collection captures Porter's unique ability to bridge theory and practice. Each of the articles has not only shaped thinking, but also redefined the work of practitioners in its respective field. In an insightful new introduction, Porter relates each article to the whole of his thinking about competition and value creation, and traces how that thinking has deepened over time.

This collection is organized by topic, allowing the reader easy access to the wide range of Porter's work. Parts I and II present the frameworks for which Porter is best known frameworks that address how companies, as well as nations and regions, gain and sustain competitive advantage. Part III shows how strategic thinking can address society's most pressing challenges, from environmental sustainability to improving health-care delivery. Part IV explores how both nonprofits and corporations can create value for society more effeapplying strategy principles to philanthropy. Part V explores the link between Strategy and Leadership

ABOUT THE AUTHOR

Michael E. Porter is the C. Roland Christensen Professor of Business Administration at Harvard Business School. He is the author of many influential books on competition and strategy, including The Competitive Advantage of Nations, Competitive Advantage: Creating and Sustaining Superior Performance, and Competitive Strategy: Techniques for Analyzing Industries and Competitors


Tuesday, May 12, 2009

Lords of Finance: The Bankers Who Broke the World

Let's study the history of how small group of people decision impact
the world economic in 1920s, the era of great depression.

From The Washington Post
The Washington Post's Book World/washingtonpost.com Reviewed by Frank Ahrens


From the 1870s to 1914, the world's developed nations basked in a shimmering age of commerce. The European powers were at peace. Goods flowed home from colonies. The newly reunited United States was growing into muscular adolescence. And all of the world's major economies rested on a seemingly solid base: the gold standard.

But it proved to be a system in a snow globe, easily shattered. World War I broke the idyll and unhooked country after country from dependence on gold. They resorted to printing money to fund the war, leading to massive inflation, unemployment, political instability and general suffering across the Continent.

It's no wonder, then, that after the signing of the armistice in 1918 the world's four most powerful bankers -- a fraternity described in newspapers of the time as "the world's most exclusive club" -- did everything they could to force nations back to the discipline of the gold standard.

It was a ruinous decision. as Liaquat Ahamed notes in Lords of Finance, all the gold mined in history up to 1914 "was barely enough to fill a modest two-story town house." There simply was not enough of it to fund a global conflict or to allow economic recovery afterward.

Ahamed's illuminating and enjoyable book focuses on the four men whose arrogance and obstinacy, he contends, caused the worst depression in modern times: Benjamin Strong Jr., the morphine-using, consumptive governor of the New York Federal Reserve; Montagu Norman, the spiritual seeker at the helm of the Bank of England; Emile Moreau, the xenophobic governor of the Banc de France; and Hjalmer Schacht, the president of Germany's Reichsbank, a Prussian by temperament, if not by birth, whose sensibilities led to a flirtation with the Nazis.

They were the most important central bankers in their respective nations when those four countries controlled most of the world's wealth and one -- England -- was its unrivaled lender. It was a time, almost unrecognizable to us, when the central banks that printed each nation's currency were privately owned, and regulation was unheard of. As a consequence, this handful of men -- who knew each other intimately enough that one was godfather to another's son -- could wield a coordinated, long-lasting and terrible impact on the global economy.

The gold standard's role in the worldwide depression of the 1930s has been probed before, notably in Barry J. Eichengreen's scholarly Golden Fetters (1992). But Ahamed -- a hedge fund adviser, a World Bank veteran and a supple writer -- personalizes the story, exploring how insular relationships led to bad choices. Strong and Norman, for instance, became friends and gained each other's trust through lengthy correspondence. Strong used his influence to secure a loan for England, then prodded Norman to put England back on the gold standard. Norman, in turn, persuaded Strong to push down U.S. interest rates, helping to create the stock bubble that eventually burst in October 1929. When Strong died in 1928, his replacement became Norman's thrall and fell in lock-step with the emphasis on gold, extending the economic agony.

Meanwhile, the unchecked concentration of power in one banker's hands was also roiling Germany. In 1924, Schacht went bizarrely off the farm and attacked his government, releasing public statements accusing the state of losing control of its finances and saying that Germany was too broke to pay additional war reparations. While Schacht partly spoke the truth, his freelancing undermined already shaky public confidence. Later, he sabotaged a loan his nation tried to secure in New York, nearly bringing down the government.

Ahamed damns the dead, placing blame at the feet of men largely lost to history. The risk in writing about forgotten men, however, is that they might not have been interesting enough to be remembered. Lords Of Finance unearths some gossipy details: Norman, for example, was a salad-bar spiritualist who tried a little of this, a little of that (including Theosophy and autosuggestion) and once told colleagues he could walk through walls. But quirky does not equal memorable. These four bankers are about as compelling to us as, say, Treasury Secretary Henry Paulson may be to readers a century from now. My guess is that readers in 2109 will instead remember Warren Buffett and Bill Gates, just as we still know J.P. Morgan and John D. Rockefeller.

Rather than splendid personalities, this book's real advantage is timeliness. Parallels to today's global financial collapse come with regularity throughout, sometimes causing spit-take laughs, sometimes shudders. Heading into the Paris Peace Conference of 1919, one pugnacious English banker proposed forcing Germany to pay reparations of $100 billion, eight times its pre-war gross domestic product. He said he came up with the figure "between a Saturday and a Monday" -- which sounds a lot like the three-page request for $700 billion Paulson whipped up one weekend in September and sprang on Congress.

Until last year, few believed anything would stop U.S. homes from going up in value 10 percent every year. That is, until the sub-prime mortgage crisis exploded. Likewise, in the prosperous and interdependent Europe of 100 years ago, war was considered unthinkable because it would destroy all. By 1917, an entire generation of young male university graduates was dead. And, frankly, the brainpower needed for forward-thinking was lacking. European bankers of the time carried a cavalier ignorance of economics, and that goes double for America's first Federal Reserve directors. The science of monetary policy was still in its infancy, and no one could have expected four dreary bankers to turn suddenly into brilliant, ahead-of-their-time economists.

That role should have fallen to John Maynard Keynes, one of the few heroes of Ahamed's book. Keynes called the gold standard a "barbarous relic" and clearly explained its limits; in 1925, he accused the British banking elite of "attacking the problems of the post-war world with unmodified pre-war views and ideas." But despite being a well-known Cambridge don, Keynes was an outsider, not a member of the world's most exclusive club, and those in power largely ignored his warnings.

Looking at the events of the 1920s and 1930s, one wonders: Could a modern confluence of catastrophes cause another global depression? No major power is likely to return to the gold standard, so that risk is off the table. But is there a comparable systemic problem today, something we refuse to see? Ahamed thinks we're plain lucky that recent financial crises -- in Mexico in 1994, Asia and Russia in 1997-98, the United States beginning in 2007 -- "have conveniently struck one by one, with decent intervals in between." After reading his bracing book, one can only hope that our economy is in the hands of decision makers who are more numerous, less powerful or much wiser than in the past.

Copyright 2009, The Washington Post. All Rights Reserved.

From Bookmarks Magazine
Almost all critics praised Lords of Finance for its command of economic history and engaging, lucid prose. Ahamed, noted the New York Times, illuminates wise parallels between the misplaced confidence that spawned the global depression in the 1930s and the illusory calculations of risk that led to the current financial crisis. His compelling biographies also personalize economic history. While critics disagreed about whether lay readers will, in a century's time, care about Norman, Moreau, and Schact, the only negative words came from the Wall Street Journal, which criticized Lords of Finance for an imprecise understanding of the gold standard: "Harrumphing about the ‘gold standard,' Mr. Ahamed reminds me of the fellow who condemned ‘painting' because he had no use for Andy Warhol."
Copyright 2009 Bookmarks Publishing LLC

Review
“Ahamed cannot have foreseen how timely his book would be. Unlike most works on the origins of the Great Depression, Lords of Finance is highly readable – enlivened by vivid biographical detail but soundly based on the literature. That it should appear now, as history threatens to repeat itself, compounds its appeal.”
— Niall Ferguson, Financial Times

“Erudite, entertaining macroeconomic history of the lead-up to the Great Depression as seen through the careers of the West’s principal bankers…Spellbinding, insightful and, perhaps most important, timely.”
—Kirkus Reviews (starred)

Product Description
With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers unforgettable portraits of the four men whose personal and professional actions as heads of their respective central banks changed the course of the twentieth century

It is commonly believed that the Great Depression that began in 1929 resulted from a confluence of events beyond any one person’s or government’s control. In fact, as Liaquat Ahamed reveals, it was the decisions taken by a small number of central bankers that were the primary cause of the economic meltdown, the effects of which set the stage for World War II and reverberated for decades.

In Lords of Finance, we meet the neurotic and enigmatic Montagu Norman of the Bank of England, the xenophobic and suspicious Émile Moreau of the Banque de France, the arrogant yet brilliant Hjalmar Schacht of the Reichsbank, and Benjamin Strong of the Federal Reserve Bank of New York, whose façade of energy and drive masked a deeply wounded and overburdened man. After the First World War, these central bankers attempted to reconstruct the world of international finance. Despite their differences, they were united by a common fear—that the greatest threat to capitalism was inflation— and by a common vision that the solution was to turn back the clock and return the world to the gold standard.

For a brief period in the mid-1920s they appeared to have succeeded. The world’s currencies were stabilized and capital began flowing freely across the globe. But beneath the veneer of boom-town prosperity, cracks started to appear in the financial system. The gold standard that all had believed would provide an umbrella of stability proved to be a straitjacket, and the world economy began that terrible downward spiral known as the Great Depression.

As yet another period of economic turmoil makes headlines today, the Great Depression and the year 1929 remain the benchmark for true financial mayhem. Offering a new understanding of the global nature of financial crises, Lords of Finance is a potent reminder of the enormous impact that the decisions of central bankers can have, of their fallibility, and of the terrible human consequences that can result when they are wrong.

About the Author
Liaquat Ahamed has been a professional investment manager for twenty-five years. He has worked at the World Bank in Washington, D.C., and the New York-based partnership of Fischer Francis Trees and Watts, where he served as chief executive. He is currently an adviser to several hedge fund groups, including the Rock Creek Group and the Rohatyn Group, is a director of Aspen Insurance Co., and is on the board of trustees of the Brookings Institution. He has degrees in economics from Harvard and Cambridge universities.


Monday, May 11, 2009

When Everything Changes, Change Everything: In a Time of Turmoil, a Pathway to Peace



by Neale Donald Walsch

Editorial Reviews
Product Description


A dear one has died. Or a romantic relationship has ended. Or a job that was once going to be your career has just evaporated. Or your child has left home. Or you've moved to a new town. Or you're suddenly facing a health crisis, or a financial crisis, or a crisis of faith . . .

. . . whatever the circumstance, you are sure about one thing: Nothing will ever be the same.

Deep sadness, even bitter negativity, can sometimes follow. What to do then? End the life you've been living? Yes. That's the startling answer from modern-day spiritual messenger Neale Donald Walsch in a book that will touch the lives of people around the world with the same uplifting hopefulness as his Conversations with God.

When Everything Changes, Change Everything speaks to the heart of every person who has lost their bearings in the aftermath of a major life change—and to those who would help them. A strikingly clear, imminently and immediately useful text, it offers God-inspired insights on the way to move on and a breathtaking reason to do so. Here is a practical application of the fresh perspectives of the New Spirituality, with wonderful tools for healing and living and a brand-new definition of God that could make every mystery of life clear up overnight.

About the Author
Neale Donald Walsch is a writer of internationally bestselling books on spirituality and personal development. His books have sold more than 7.5 million copies worldwide and have been translated into 37 languages. Walsch lives in Ashland, Oregon.

Saturday, May 9, 2009

The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel

The primary source of Warren Buffet's value investing.
"By far the best book on investing ever written." (Warren Buffett )

Amazon.com Review
Among the library of investment books promising no-fail strategies for riches, Benjamin Graham's classic, The Intelligent Investor, offers no guarantees or gimmicks but overflows with the wisdom at the core of all good portfolio management.
The hallmark of Graham's philosophy is not profit maximization but loss minimization. In this respect, The Intelligent Investor is a book for true investors, not speculators or day traders. He provides, "in a form suitable for the laymen, guidance in adoption and execution of an investment policy" (1). This policy is inherently for the longer term and requires a commitment of effort. Where the speculator follows market trends, the investor uses discipline, research, and his analytical ability to make unpopular but sound investments in bargains relative to current asset value. Graham coaches the investor to develop a rational plan for buying stocks and bonds, and he argues that this plan must be a bulwark against emotional behavior that will always be tempting during abrupt bull and bear markets.

Since it was first published in 1949, Graham's investment guide has sold over a million copies and has been praised by such luminaries as Warren E. Buffet as "the best book on investing ever written." These accolades are well deserved. In its new form--with commentary on each chapter and extensive footnotes prepared by senior Money editor, Jason Zweig--the classic is now updated in light of changes in investment vehicles and market activities since 1972. What remains is a better book. Graham's sage advice, analytical guides, and cautionary tales are still valid for the contemporary investor, and Zweig's commentaries demonstrate the relevance of Graham's principles in light of 1990s and early twenty-first century market trends. --Patrick O'Kelley

Review
"The wider Mr. Graham’s gospel spreads, the more fairly the market will deal with its public." -- Barron's

Review
"The wider Mr. Graham's gospel spreads, the more fairly the market will deal with its public." (Barron's )

"If you read just one book on investing during your lifetime, make it this one" (Fortune )

Product Description

The Classic Text Annotated to Update Graham's Timeless Wisdom for Today's Market Conditions

The greatest investment advisor of the twentieth century, Benjamin Graham taught and inspired people worldwide. Graham's philosophy of "value investing" -- which shields investors from substantial error and teaches them to develop long-term strategies -- has made The Intelligent Investor the stock market bible ever since its original publication in 1949.

Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.

Vital and indispensable, this HarperBusiness Essentials edition of The Intelligent Investor is the most important book you will ever read on how to reach your financial goals.

About the Author
Benjamin Graham, the father of value investing, was perhaps the most influential investment figure of all time.His work laid the foundation of modern security analysis, and two of his books,The Intelligent Investor (1949) and Security Analysis(1934), are investment classics that remain bestsellers to this day. His Life and work have been inspiration for many of today's most successful investors, including Warren Buffett, Michael F. Price, and John Neff.
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