Join us on a literary world trip!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Subscribe to read the full book or read the first pages for free!
All characters reduced
The White Sharks of Wall Street - Thomas Mellon Evans and the Original Corporate Raiders - cover

The White Sharks of Wall Street - Thomas Mellon Evans and the Original Corporate Raiders

Diana B. Henriques

Publisher: Scribner

  • 0
  • 0
  • 0

Summary

It almost seems that Thomas Mellon Evans was a man so far ahead of his contemporaries that he had moved into the shadows before the full force of his business style had dawned on the rest of corporate America. At every step in his career, he was barging in where few would follow -- at first. But follow they did, at last."  -- from the PrologueThe first in-depth portrait of the life and times of the trailblazing financier Thomas Mellon Evans -- the man who pursued wealth and power in the 1950s with a brash ruthlessness that forever changed the face of corporate America. Long before Michael Milken was using junk bonds to finance corporate takeovers, Thomas Mellon Evans used debt, cash, and the tax code to obtain control of more than eighty American companies. Long before investors began to lobby for "shareholder's rights," Evans was demanding that public companies be run only for their shareholders -- not for their employees, their executives, or their surrounding communities. To some, Evans's merciless style presaged much that is wrong with corporate life today. To others, he intuitively knew what was needed to keep America competitive in the wake of a global war.  In The White Sharks of Wall Street, New York Times investigative reporter Diana Henriques provides the first biography of this pivotal figure in American business history. She also portrays the other pioneering corporate raiders of the postwar period, such as Robert Young and Louis Wolfson, and shows how these men learned from one another and advanced one another's takeover tactics. She relates in dramatic detail a number of important early takeover fights -- Wolfson's challenge to Montgomery Ward, Young's move on the New York Central Railroad, the fight for Follansbee Steel -- and shows how they foreshadowed the desperate battle waged by Tom Evans's son, Ned Evans, to keep the British raider Robert Maxwell away from his Macmillan publishing empire during the 1980s. Henriques also reaches beyond the business arena to tally the tragic personal cost of Evans's pursuit of success and to show how the family dynasty shattered when his sons were driven by his own stubbornness and pride to become his rivals. In the end, the battling patriarch faced his youngest son in a poignant battle for control at the Crane Company, the once-famous Chicago plumbing and valve company that Tom Evans had himself seized in a brilliant takeover coup twenty-five years earlier. The White Sharks of Wall Street is a fascinating portrait of an extraordinary man, whose career blazed across the sky and then sank into obscurity -- but not before he had provided the template for how American business would operate for the next four decades.
Available since: 04/02/2001.
Print length: 368 pages.

Other books that might interest you

  • The White Ship - cover

    The White Ship

    Charles Spencer

    • 0
    • 0
    • 0
    THE #2 SUNDAY TIMES BESTSELLER‘As gripping as any thriller. History doesn't get any better than this’ BILL BRYSON’A brilliant read … Game of Thrones but in the real world’ ANTHONY HOROWITZ 
    PICKED AS A BEST BOOK OF THE YEAR 2020 BY THE DAILY TELEGRAPH, THE GUARDIAN, THE DAILY MAIL AND THE DAILY EXPRESS. 
    The sinking of the White Ship in 1120 is one of the greatest disasters England has ever suffered. In one catastrophic night, the king’s heir and the flower of Anglo-Norman society were drowned and the future of the crown was thrown violently off course. 
    In a riveting narrative, Charles Spencer follows the story from the Norman Conquest through to the decades that would become known as the Anarchy: a civil war of untold violence that saw families turn in on each other with English and Norman barons, rebellious Welsh princes and the Scottish king all playing a part in a desperate game of thrones. All because of the loss of one vessel – the White Ship – the medieval Titanic. 
    ‘Highly enjoyable’ Simon Heffer 
    ‘Brilliant’ Dan Jones 
    ‘Fascinating’ Tom Bower 
    The #2 Sunday Times bestseller on Sunday 18 June 2021 
    The biography of the White Ship disaster, a top Sunday Times bestselling book, delves deep into the maritime conflicts and expeditions of the late 1066-1485 era. Charles Spencer, an acclaimed author, paints a vivid picture of the royalty and the society of Britain and Europe, their military strategies, and the catastrophic consequences of the sinking of the White Ship. 
    For fans of Marc Morris (A Great and Terrible King), Robert Hardman (Charles III), Tom Holland (Athelstan), Alison Weir (Elizabeth of York), and Jessie Childs (The Siege of Loyalty House).
    Show book
  • Summary: Man's Search for Meaning by Viktor E Frankl - cover

    Summary: Man's Search for...

    Meaningful Publishing, ...

    • 0
    • 0
    • 0
    Man's Search For Meaning by Viktor E. Frankl : Audiobook Summary by Meaningful PublishingAbout: Summary of Man's Search For Meaning by Viktor E. FranklImagine what it would feel like to be seized like an animal and thrown into a Nazi concentration camp. What would be going through your mind? Would you lose all hope? Or manage to find hope and meaning in the middle of all that death and chaos? That's what Viktor Frankl did... Even after watching his entire family get murdered, he still found a way to see the light at the end of the tunnel for long enough to survive the brutality of the Nazi concentration camps in order to share his meaningful story with the world.
    Show book
  • Essence of Edinburgh - An Eccentric Odyssey - cover

    Essence of Edinburgh - An...

    Jenni Calder

    • 0
    • 0
    • 0
    'This book is a personal journey – an eccentric odyssey – exploring aspects of past and present, people and places. It is an evocation rather than a history.'
    
    A city of fascinating unpredictability is how Jenni Calder describes Edinburgh. In an eccentric odyssey that is equally fascinating and unpredictable, she discovers the essence of the city beyond the iconic centre. With a passionate sense of place, she evokes personal experience alongside vivid accounts of Edinburgh given by others. In the Grassmarket, she recalls Sir Walter Scott's dramatisations of riot and public execution. On Blackford Hill, she takes pleasure in the account given by the 'Silent Traveller' Chiang Yee of walking backwards to the summit. Crossing the Dean Bridge brings to mind Naomi Mitchison's imagined descent into the vertiginous Dean Gorge. Jenni Calder's journeys through this most 'walkable' of cities brings a new appreciation of Edinburgh into being.
    Show book
  • Death Cruise - cover

    Death Cruise

    Don Davis

    • 0
    • 0
    • 0
    For pretty Ohioan Joan Rogers and her two teenaged daughters, a Florida sunset cruise was a dream come true. And even though all three were desperately afaid of the water, they were so taken with friendly boat owner Oba Chandler that they gladly accepted a ride with him on beautiful Tampa Bay.Little did naive mom and two daughters know that behind Chandler's mask of a gracious host lurked a daring and ruthless ex-con, a thief and a liar, a seductive Don Juan who used and discarded wives and children. As they sun serenely sank below the Gulf of Mexico, Chandler suddenly shut down the engines, dropped anchor...and turned into a sadistic torturer.Hog-tying and brutally raping all three, Chandler tossed them overboard -- alive -- with 40-pound cement blocks tied to their necks. With cruel laughter, he spoke his last words to them: "Swim for it." But the dark green waters of Tampa Bay refused to hold his monstrous secret, and after only three days, the bodies of his victims surfaced.If it hadn't been for a dedicated team of detectives and the clues provided by Chandler's neighbors, a depraved killer might have gotten away with his ghastly crime. Instead, he now paces the floors of a Florida prision awaiting his rendezvous with the electric chair.
    Show book
  • Convenient Christmas Brides - cover

    Convenient Christmas Brides

    Louise Allen, Carla Kelly,...

    • 0
    • 0
    • 0
    Christmas festivities come with the promise of wedding bells in this anthology of three charming Regency romance novellas! 
     
    In Convenient Christmas Brides, the holiday arrangements include marriage proposals that may just bring the gift of true love. In The Captain’s Christmas Journey by Carla Kelly, Captain Everard escorts Verity to her governess job—and for propriety’s sake that means a convenient engagement! In Louise Allen’s The Viscount’s Yuletide Betrothal, Eleanor advertises for a “suitable” gentleman to pose as her betrothed over Christmas. And in Laurie Benson’s novella, Juliet Sommersby’s One Night Under the Mistletoe leads to a marriage of convenience with handsome former love Lord Montague . . .
    Show book
  • Ron Fawcett - Rock Athlete - The Story of a Climbing Legend - cover

    Ron Fawcett - Rock Athlete - The...

    Ron Fawcett

    • 0
    • 0
    • 0
    Ron Fawcett is a natural-born climber. In 1969, while still at school in his native Yorkshire, he tied into a climbing rope for the first time and was instantly hooked. From that moment on, it seemed nothing else in his life mattered nearly as much as his next vertical fix. Ten years later, Fawcett was the most famous rock climber in Britain and among the best in the world, part of a new wave whose dedication to training transformed the sport, pushing standards further and faster than ever before - or since. His legacy of new climbs ranks him alongside the very best in the history of the sport. He was also the first to style himself a professional rock climber, starring in the landmark television documentary "Rock Athlete", and appearing on the covers of magazines around the world. But far from enjoying the fame, Fawcett found the pressures of the limelight too much to bear, and at the end of the 1980s he faded from view. Now, for the first time, he tells his extraordinary story, of how his love of nature and the outdoors developed into a passion for climbing that took him to the top - and almost consumed him. Winner of the 2010 Boardman Tasker Prize for Mountain Literature.
    Show book