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Age of greed : the triumph of finance and the decline of America, 1970 to the present

by Madrick, Jeffrey G.

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Summary

As Jeff Madrick makes clear, the single-minded pursuit of huge personal wealth has been on the rise in the United States since the 1970s, led by a few individuals who argue that self-interest guides society more effectively than community concerns. In telling the stories of these politicians, econom... Full description

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Table of Contents:
  • Revolution
  • Prologue Lewis Uhler believer
  • Walter Wriston regulatory revoltá
  • Milton Friedman proselytizer
  • Richard Nixon and Arthur Burns political expediencyá
  • Joe Flom the hostile takeover
  • Ivan Boesky wanting it all
  • Walter Wriston II bailing out citibank
  • Ronald Reagan the making of an ideology
  • Ted Turner, Sam Walton, and Steveáross size becomes strategy
  • Jimmy Carter and Charles Schultze capitulation
  • Howard Jarvis 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
  • Sandy Weill, Jack Grubman, Frank Quattrone, and Ken Lay decade of deceit
  • Angelo Mozilo, the American tragedy
  • Jimmy Cayne, Richard Fuld, Stan O'Neal, Chuck Prince collapse.
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