Crash of the Titans:Greed Hubris the Fall of Merrill Lynch and the Near-Collapse of Bank of America Greg Farrell
Brian Banks, the major motion picture starring Aldis Hodge, Greg Kinnear, and Morgan Freeman, winner of the audience award at the 2018 LA Film Festival, opens nationwide in 2019!Discover the unforgettable and inspiring true story of Brian Banks - a young man who was wrongfully convicted as a teenager and imprisoned for more than five years, only to emerge with his spirit unbroken and determined to achieve his dream of playing in the NFL.At age 16, Brian Banks was a nationally recruited All-American football player, ranked 11th in the nation as a linebacker. Before his 17th birthday, he was in jail, awaiting trial for a heinous crime he did not commit.Although Brian was innocent, his attorney advised him that as a young black man accused of rape, he stood no chance of winning his case at trial. Especially since he would be tried as an adult. Facing a possible sentence of 41 years to life, Brian agreed to take a plea deal - and a judge sentenced him to six years in prison.At first, Brian was filled with fear, rage, and anger as he reflected on the direction his life had turned and the unjust system that had imprisoned him. Brian was surrounded in darkness, until he had an epiphany that would change his life forever. From that moment on, Brian made the choice to shed the bitterness and anger he felt and focus only on the things he had the power to control. He approached his remaining years in prison with a newfound resolve, studying and applying spirituality, improving his social and writing skills, and taking giant leaps on his journey toward enlightenment.When Brian emerged from prison with five years of parole still in front of him, he was determined to rebuild his life and finally prove his innocence. Three months before his parole was set to expire, armed with a shocking recantation from his accuser and the help of the California Innocence Project, the truth about his unjust incarceration came out, 1. Language: English. Narrator: Brian Banks. Audio sample: http://samples.audible.de/bk/sans/009287/bk_sans_009287_sample.mp3. Digital audiobook in aax.
I believe anyone who wants to can start a successful business with less than $1,000. You could be just moments away from a life-changing business idea. In this book, you will learn: How to start a business with no money and create sales and income in seven days: Smart entrepreneurs sell their product first, and once they get the cash, then they build the product and deliver it to their customers. How to avoid the seven deadly mistakes of new entrepreneurs: Someone gets all excited about a new business idea and invests his entire life savings in his new company, and shortly after, he´s broke and often has to declare bankruptcy. Over 90 percent of the time, it´s because people make one of the seven deadly startup mistakes you´ll learn in this book. How to use free marketing strategies that make the cash register ring: You need new customers and repeat customers to build a sustainable business. You´ll learn marketing strategies from over 100 entrepreneurs who have come before you. How to fund your startup the right way: If you need financing for your business startup, it´s important you do it the right way instead of getting ripped off by greedy investors or having the bank control you. How to use free advanced online lead generation strategies: If you think you can just open a store and customers will come through the door in droves, you´re making a huge mistake. Retail sales on the Internet are growing at 17 percent a year. If you don´t have a solid Internet marketing strategy for your business, how do you expect it to succeed? Case studies and real stories of successful entrepreneurs: Get the next best thing by hearing stories from over 100 entrepreneurs who can share the reality of what´s going on in business today. If you can learn to avoid just one mistake from each of these business owners, that´s over 100 mistakes you´ll be avoiding with your business. 1. Language: English. Narrator: Greg Zarcone. Audio sample: http://samples.audible.de/bk/acx0/045913/bk_acx0_045913_sample.mp3. Digital audiobook in aax.
The intimate, fly-on-the wall tale of the decline and fall of an America iconWith one notable exception, the firms that make up what we know as Wall Street have always been part of an inbred, insular culture that most people only vaguely understand. The exception was Merrill Lynch, a firm that revolutionized the stock market by bringing Wall Street to Main Street, setting up offices in far-flung cities and towns long ignored by the giants of finance. Merrill Lynch was not only ´´bullish on America,” it was a big reason why so many average Americans were able to grow wealthy by investing in the stock market. Merrill Lynch was an icon. Its sudden decline, collapse, and sale to Bank of America was a shock. How did it happen? Why did it happen? And what does this story of greed, hubris, and incompetence tell us about the culture of Wall Street that continues to this day even though it came close to destroying the American economy?Greg Farrell’s Crash of the Titans is a Shakespearean saga of three flawed masters of the universe. E. Stanley O’Neal, whose inspiring rise from the segregated South to the corner office of Merrill Lynch—where he engineered a successful turnaround—was undone by his belief that a smooth-talking salesman could handle one of the most difficult jobs on Wall Street. Because he enjoyed O’Neal’s support, this executive was allowed to build up an astonishing $30 billion position in CDOs on the firm’s balance sheet, at a time when all other Wall Street firms were desperately trying to exit the business. After O’Neal comes John Thain, the cerebral, MIT-educated technocrat whose rescue of the New York Stock Exchange earned him the nickname ´´Super Thain.” He was hired to save Merrill Lynch in late 2007, but his belief that the markets would rebound led him to underestimate the depth of Merrill’s problems. Finally, we meet Bank of America CEO Ken Lewis, a street fighter raise 1. Language: English. Narrator: Dan Woren. Audio sample: http://samples.audible.de/bk/rand/002440/bk_rand_002440_sample.mp3. Digital audiobook in aax.
Am 14. März 2012 erschien in der New York Times ein Gastbeitrag, der weltweit für Aufsehen sorgte. Der Autor Greg Smith erklärte darin, warum er am selben Tag seinen Job als Manager bei der US-Investmentbank Goldman Sachs an den Nagel hängte: Die Atmosphäre in dem Unternehmen sei von unglaublichem Zynismus geprägt, Kunden würden systematisch ausgenommen. Es war die fulminante Abrechnung eines Insiders, wie sie die Finanzwelt noch nicht erlebt hatte. Jetzt erzählt Smith von seinem Alltag und seiner Karriere bei der Bank, ´´die zum Symbol für Gier und Hybris der gesamten Finanzbranche geworden ist´´ (Süddeutsche Zeitung). Fesselnd beschreibt er, wie er sich zunächst völlig mit einer Unternehmensphilosophie identifiziert, die auf die Integrität der Mitarbeiter und den Dienst am Kunden setzt, aber bald mit ansehen muss, wie die hehren Ideale zunehmend einem ungezügelten Gewinnstreben Platz machen und nur noch die Skrupellosesten nach oben kommen. Und er zeigt, warum die Finanzbranche immerzu weitermacht wie bisher: weil sie damit durchkommt.
A Lady of Cotton:Hannah Greg Mistress of Quarry Bank Mill David Sekers