Bryan Burrough: Barbarians at the Gate, Kartoniert / Broschiert

Kurzbeschreibung

A masterpiece of investigative journalism and arguably the best business narrative ever written, BARBARIANS AT THE GATE returns in this commemorative edition, now in paperback, that marks the twentieth anniversary of the epic Wall Street deal the book recounts and brings the story up-to-date with a new 15, 000 afterword by the authors.

Beschreibung

Over six months on the New York Times bestseller list, on the bookshelf of every Wall Street worker, and with over 500, 000 copies sold, BARBARIANS AT THE GATE is the definitive account of the largest takeover in Wall Street history.
Bryan Burrough and John Helyar s gripping record of the frenzy that overtook Wall Street in October and November of 1988 is the story of deal makers and publicity flaks, of strategy meetings and society dinners, of boardrooms and bedrooms, giving us not only a "fly on the wall" look at how financial operations at the highest levels are conducted but also a richtly textured social history of wealth at the twilight of the Reagan era. As compelling as a novel, BARBARIANS AT THE GATE is a modern-day classic and a book written with a journalistic bravado that has never been matched.
For this new edition, the authors, Bryan Burrough and John Helyar, have written a substantial afterword that brings the story to the present day, tracing what s become of the book s characters and companies and reflecting on how the events this book recounts continue to reverberate not only on Wall Street but throughout our culture at large.

Klappentext

#1 New York Times bestseller and arguably the best business narrative ever written, Barbarians at the Gate is the classic account of the fall of RJR Nabisco at the hands of a buyout from investment firm KKR.
A book that stormed both the bestseller list and the public imagination, a book that created a genre of its own, and a book that gets at the heart of Wall Street and the '80s culture it helped define, Barbarians at the Gate is a modern classic--a masterpiece of investigatory journalism and a rollicking book of corporate derring-do and financial swordsmanship.
The fight to control RJR Nabisco during October and November of 1988 was more than just the largest takeover in Wall Street history. Marked by brazen displays of ego not seen in American business for decades, it became the high point of a new gilded age and its repercussions are still being felt. The tale remains the ultimate story of greed and glory--a story and a cast of characters that determined the course of global business and redefined how deals would be done and fortunes made in the decades to come.
Barbarians at the Gate is the gripping account of these two frenzied months, of deal makers and publicity flaks, of an old-line industrial powerhouse (home of such familiar products a Oreos and Camels) that became the victim of the ruthless and rapacious style of finance in the 1980s. As reporters for The Wall Street Journal, Burrough and Helyar had extensive access to all the characters in this drama. They take the reader behind the scenes at strategy meetings and society dinners, into boardrooms and bedrooms, providing an unprecedentedly detailed look at how financial operations at the highest levels are conducted but also a richly textured social history of wealth at the twilight of the Reagan era.
At the center of the huge power struggle is RJR Nabisco's president, the high-living Ross Johnson. It's his secret plan to buy out the company that sets the frenzy in motion, attracting the country's leading takeover players: Henry Kravis, the legendary leveraged-buyout king of investment firm KKR, whose entry into the fray sets off an acquisitive commotion; Peter Cohen, CEO of Shearson Lehman Hutton and Johnson's partner, who needs a victory to propel his company to an unchallenged leadership in the lucrative mergers and acquisitions field; the fiercely independent Ted Forstmann, motivated as much by honor as by his rage at the corruption he sees taking over the business he cherishes; Jim Maher and his ragtag team, struggling to regain credibility for the decimated ranks at First Boston; and an army of desperate bankers, lawyers, and accountants, all drawn inexorably to the greatest prize of their careers--and one of the greatest prizes in the history of American business.
Written with the bravado of a novel and researched with the diligence of a sweeping cultural history, Barbarians at the Gate is present at the front line of every battle of the campaign. Here is the unforgettable story of that takeover in all its brutality. In a new afterword specially commissioned for the story's 20th anniversary, Burrough and Helyar return to visit the heroes and villains of this epic story, tracing the fallout of the deal, charting the subsequent success and failure of those involved, and addressing the incredible impact this story--and the book itself--made on the world.