Bloodsport: When Ruthless Dealmakers, Shrewd Ideologues, and Brawling Lawyers Toppled the Corporate Establishment
| Author | : | |
| Rating | : | 4.24 (579 Votes) |
| Asin | : | 1610394135 |
| Format Type | : | paperback |
| Number of Pages | : | 432 Pages |
| Publish Date | : | 2013-02-26 |
| Language | : | English |
DESCRIPTION:
Amazon Customer said One of the best business books on dealmaking. As founding editor of The Deal magazine, Bob Teitelman truly was the Voice of the Deal Economy. In fact, he coined the phrase "deal economy" and led the coverage of M&A, private equity, bankruptcies and corporate dealmaking as a legitimate beat before anyone else. Subsequent generations of deal reporters (from Andrew Ross Sorkin on down) follow the path and style trailblazed by Bob and his team.Like many readers, I looked forward to his weekly "Transactions" column and his wry, sophi. Lively, witty and informative Mergers and acquisitions may be a fact of life in our contemporary business world, but let’s face it, the subject for a book sounds about as thrilling as a primer on the tax code. “Blood Sport” will make you reassess that view and then some. This excellent new book by the financial writer and editor Robert Teitelman demystifies the complexities of these activities. It breathes life into – and shines light on – a murky, glossed over and often sealed-off c. Vivid, nuanced, and insightful Robert Teitelman’s Bloodsport is a history of M&A, and the academic ideas and ideologies that underpin it, told in prose that’s crisp, insightful, and nuanced. In an introductory chapter, Teitelman says that his book “returns to the original arguments about the nature and governance of corporations when tested by hostile takeovers.” This might sound appealing only to specialists but Teitelman has such a punchy, vivid writing style that the book races along wit
Teitelman's has managed to capture how power shifted from a company's boardroom to its shareholders, a change that is often seen as positive but clearly comes with its own pitfalls.” Andrew Ross Sorkin, New York Times Well written, and a must read for any aspiring dealmaker or business journalist. But more than any book I've read, Mr. "Teitelman, covering decades, assembles a comprehensive history akin to a complex, deftly spun spider's web of insightfully interconnected strands. This book should be required reading not just for deal junkies but for anyone wh
The epic battle of the fascinating, flawed figures behind America's deal culture and their fight over who controls and who benefits from the immense wealth of American corporations.Bloodsport is the story of how the mania for corporate deals and mergers all began. It set in motion the deal-making culture that led to the financialization of the economy and it is the backstory to ongoing debates over competitiveness, job losses, inequality, stratospheric executive pay, and who owns” America's corporations.. Underpinning this explosion in mergers and acquisitionsincluding hostile takeoversare four questions that radically disrupted corporate ownership in the 1970s, whose force remains undiminished:Are shareholders the sole owners” of corporations and the legitimate source of power?Should control be exercised by autonomous CEOs or is their assumption of power illegitimate and inefficient?Is the primary purpose of the corporation to generate jobs and create prosperity for the masses and the nation?Or is it simply to maximize the wealth of shareholders?This battle of ideas became the bloodsport” of American business. The riveting tale of how power lawyers Joe Flom and Marty Lipton, major Wall Street players Felix Rohatyn and Bruce Wasserstein, prominent jurists, and shrewd ideologues in academic garb provided the in