Corporate History

It was a time when anything seemed possible, instant wealth, glittering fame, fabulous luxury, and for a run of magical weeks in the spring and summer of 1920, Charles Ponzi made it all come true. Promising to double investors' money in three months, the dapper, charming Ponzi raised the "rob Peter to pay Paul" scam to an art form and raked in millions at his office in downtown Boston.

In today’s chaotic world, where the multiplication of information sources creates competing narratives, credibility is the key to winning the war of ideas. This is the reason why governments and corporations resort to astroturfing - creation of ostensibly grassroots movements set up to advance political agendas and commercial campaigns. The democratization of information and polarization of politics offer a perfect storm.

Twenty-one years after its incorporation and 16 years after its stock peak, Yahoo sold for 96% less than its value on January 3, 2000, when it had closed at an all-time high of $118.75 per share, resulting in a market capitalization of $120 billion. Wall Street valued Yahoo!, at that time in business less than six years, higher than it did Disney, News Corporation, and Comcast combined. Yahoo!'s story is one of missed strategies, failed opportunities, and poor execution.

Written and read by the author, Empire of Pain tells the story of the Sackler dynasty, their company Purdue Pharma, its bestselling drug OxyContin, their immensely generous philanthropy and their involvement in the opioid crisis that has created millions of addicts, even as it generated billions of dollars in profit.

Los cuervos del Vaticano revela una historia de mayordomos traidores, filtraciones de documentos, comisiones secretas de investigación, del servicio de espionaje y contraespionaje del Vaticano, de prelados que denuncian la corrupción y que son alejados de inmediato de San Pedro, lavado de dinero, altos miembros de la mafia siciliana, un complot para asesinar al papa, una adolescente desaparecida y supuestamente utilizada como esclava sexual, una guerra entre periodistas y directivos de la prensa católica, un presidente del IOR cesado y con miedo a ser asesinado.

The American economy is strong in large part because nobody believes that America would ever default on its debt. Yet in 1933, Franklin D. Roosevelt did just that, when in a bid to pull the country out of depression, he depreciated the US dollar in relation to gold, effectively annulling all debt contracts. American Default is the story of this forgotten chapter in America's history.

Challenging conventional wisdom about where power is held on a global scale, Stern complicates the supposedly firm distinction between private enterprise and the state, offering a new history of the British Empire, as well as a new history of the corporation.

Marcus Samuel, Jr., is an unorthodox Jewish merchant trader. Henri Deterding is a take-no-prisoners oilman. In 1889 John D. Rockefeller is at the peak of his power. Having annihilated all competition and possessing near-total domination of the market, even the US government is wary of challenging the great "anaconda" of Standard Oil. The Standard never loses - that is, until Samuel and Deterding team up to form Royal Dutch Shell.

The Theory of Business Enterprise (1904) is a political economy book by Thorstein Veblen which examines the growing corporate domination of culture and the economy. At its core, The Theory of Business Enterprise is an analysis of two intertwined but clashing motivations: that of business and that of industry. Business is the making of profits. Industry is the making of goods.

When Ted Turner started out in business, he owned a small billboard company in rural Georgia. Over the decades, he built a multi-billion empire that included CNN, Turner Classic Movies (TCM), MGM studios, and the Atlanta Braves. Risk-taking, careful planning, and steely determination are the hallmarks of this brash, outspoken, and wildly successful media mogul. On the other side of the world, his counterpart—Australian-born Rupert Murdoch—began with one small newspaper and parlayed it into more than 100 newspapers and magazines around the globe.

Susan Ronald reveals in this stranger-than-fiction-tale how Hildebrand Gurlitt succeeded in looting in the name of the Third Reich, duping the Monuments Men and the Nazis alike. As an "official dealer" for Hitler and Goebbels, Hildebrand Gurlitt became one of the Third Reich's most prolific art looters. Yet he stole from Hitler, too, allegedly to save modern art. Hitler's Art Thief is the untold story of Hildebrand Gurlitt, who stole more than art - he stole lives, too.

In Resolute Japan, Waseda University's Jusuke J. J. Ikegami and the Wharton School's Harbir Singh and Michael Useem reveal a new leadership model that has led Japan's corporations to make a stunning comeback. In the process, they share what they have learned from interviews with more than 100 CEOs and top executives of Japan's largest and most influential companies, including Hitachi, Honda, Mitsubishi, Nissan, NTT, and Panasonic.

These days, it appears that there is always a trendy ingredient capturing everyone's attention. At present, activated charcoal has taken the spotlight and can be found in various beauty products, health supplements, and even food items. Back in the early 20th century, radium, a naturally occurring metal with an atomic number of 88 and symbol RA on the periodic table, was the new and exotic substance. This ingredient found its way into toothpaste, beauty creams, lotions, corsets, watches, and even water.

From thriving Motor City to the largest municipal bankruptcy in American history, Detroit has become the nation's cautionary tale. But what led to the fateful day of the filing, and how did the city survive this crisis? Journalist Nathan Bomey delivers the inside story of Detroit's decline and the people who fought to save it against impossible odds: Governor Rick Snyder, a self-proclaimed nerd; emergency manager Kevyn Orr, a lawyer with singular dedication; Judge Steven Rhodes, the city's conscience; and retirees who fought to ensure that Detroit kept its promises.

This nonfiction legal thriller traces the 14-year struggle of two lawyers to bring the most powerful coal baron in American history to justice. Don Blankenship, head of Massey Energy since the early 1990s, ran an industry that provides nearly half of America’s electric power. But wealth and influence weren’t enough for Blankenship and his company, as they set about destroying corporate and personal rivals, challenging the Constitution, purchasing the West Virginia judiciary, and willfully disregarding safety standards in the company’s mines - mines in which scores died unnecessarily.

Economic Collapse is a primer on the reality that our nation will ultimately perish at the hands of economic and societal collapse. The United States economy can collapse as a result of our own government's mismanagement of our national debt or external factors such as a global financial meltdown, an attack on the US dollar, and other predictable scenarios.

Whether you're buying lunch, looking for a job or applying for a mortgage, the thing we call 'the economy' is going to set the terms. A pity, then, that many of us have no idea how the economy actually works. That's where this book comes in. The Bank of England is Britain's most important financial institution, responsible for printing money, regulating banks and keeping the economy running smoothly. Now, the bank's team take you inside their hallowed halls to explain what economics can—and can't—teach us about the world.

In this expert insider's account of the savings and loan debacle of the 1980s, William Black lays bare the strategies that corrupt CEOs and CFOs - in collusion with those who have regulatory oversight of their industries - use to defraud companies for their personal gain.

"Vanished is a scientific, political, environmental, and medical thriller where the action begins from the first line and doesn’t let up until the very end. It’s a page-turning rollercoaster ride and is highly recommended." Readers' Favorite A ship washes ashore in the Philippines without a single crew member aboard. All residents of an alpine village disappear without a trace. Connecting the two events is the appearance of strange, metallic spheres and scorch marks in both locations. An NSA team led by agents Alton and Mallory Blackwell discover a link between the disappearances and a ...

In 2006 an oddball group of bankers, traders and brokers from some of the largest financial institutions made a startling realization: Libor - the London interbank offered rate, which determines the interest rates on trillions in loans worldwide - was set daily by a group of easily manipulated administrators, and they could reap huge profits by nudging it fractions of a percent to suit their trading portfolios. This group generated incredible riches - until it all unraveled in spectacularly vicious, backstabbing fashion.