Crash Of The Titans

The intimate, fly-on-the wall tale of the decline and fall of an America icon With 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. With its “thundering herd” of financial advisers, perhaps no other business, whether in financial services or elsewhere, so epitomized the American spirit. 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? A culture in which the CEO of a firm losing $28 billion pushes hard to be paid a $25 million bonus. A culture in which two Merrill Lynch executives are guaranteed bonuses of $30 million and $40 million for four months’ work, even while the firm is struggling to reduce its losses by firing thousands of employees. Based on unparalleled sources at both Merrill Lynch and Bank of America, 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 raised barely above the poverty line in rural Georgia, whose “my way or the highway” management style suffers fools more easily than potential rivals, and who made a $50 billion commitment over a September weekend to buy a business he really didn’t understand, thus jeopardizing his own institution. The merger itself turns out to be a bizarre combination of cultures that blend like oil and water, where slick Wall Street bankers suddenly find themselves reporting to a cast of characters straight out of the Beverly Hillbillies. BofA’s inbred culture, which perceived New York banks its enemies, was based on loyalty and a good-ol’-boy network in which competence played second fiddle to blind obedience. Crash of the Titans is a financial thriller that puts you in the theater as the historic events of the financial crisis unfold and people responsible for billion of dollars of other people’s money gamble recklessly to enhance their power and their paychecks or to save their own skins. Its wealth of never-before-revealed information and focus on two icons of corporate America make it the book that puts together all the pieces of the Wall Street disaster.

Before Namath, before the Heidi Game, before the guaranteed Super Bowl victory, there were the New York Titans. Remember the Titans? They played to meager crowds and mediocre results in the decrepit Polo Grounds. The organization, a charter member of the American Football League in 1960, was in constant danger of bankruptcy. After struggling for three seasons, the Titans would finally be assumed by the league. New owners were found, the franchise was renamed the Jets and a new stadium would welcome the team in 1964. The revised edition of this award-winning book covers the turbulent history and eventual crash landing of the team that would become the New York Jets. The early days of the upstart AFL are also explored, as are the league's constant feuds with the Titans' underfunded and overbearing owner, Harry Wismer. Four appendices with team results, rosters and statistics are included.

Jaycen Alan Ford was an ordinary rich teenager living an ordinary rich teenager's life... until he wrecked his brand new Corvette. Not only did he total his car, but he escaped the vehicle as it was in mid-air and watched the rest of the devastating crash take place in slow motion. As it turned out, Jaycen was fast. Really fast. And he wasn't the only one. Soon afterwards, his parents, along with many other people, were killed in a mass murder by another speedster. On a quest to take down his parents' killer, Jaycen learns of an entire secret society of people with special abilities, and through thick and thin, has to work with them and the U.S. government to bring down a man who moves twice as fast as he does, and somehow knows twice as much about his life - past, present, and even future - than he should.

When faced with global instability and economic uncertainty, it is tempting for states to react by closing borders, hoarding wealth and solidifying power. We have seen it at various times in Japan, France and Italy and now it is infecting much of Europe and America, as the vote for Brexit in the UK has vividly shown. This insularity, together with increased inequality of income and wealth, threatens the future role of the West as a font of stability, prosperity and security. Part of the problem is that the principles of liberal democracy upon which the success of the West has been built have been suborned, with special interest groups such as bankers accruing too much power and too great a share of the economic cake. So how is this threat to be countered? States such as Sweden in the 1990s, California at different times or Britain under Thatcher all halted stagnation by clearing away the powers of interest groups and restoring their societies' ability to evolve. To survive, the West needs to be porous, open and flexible. From reinventing welfare systems to redefining the working age, from reimagining education to embracing automation, Emmott lays out the changes the West must make to revive itself in the moment and avoid a deathly rigid future.

One of the biggest questions of the financial crisis has not been answered until now: What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives us the straight answers—right from the belly of the beast. In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals, the culture and unspoken rules of the game like no book has ever done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters of Lehman Brothers, home of one of the world’s toughest trading floors. We get a close-up view of the participants in the Lehman collapse, especially those who saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’ s oldest investment bank. The Wall Street we encounter here is a ruthless place, where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other human traits combine in a potent mix that sometimes fuels prosperity but occasionally destroys it. The full significance of the dissolution of Lehman Brothers remains to be measured. But this much is certain: it was a devastating blow to America’s—and the world’s—financial system. And it need not have happened. This is the story of why it did.

Minor league player Stone Dumelin lost his younger brother when the Titans’ team plane went down. He never expected the phone call that followed. After a shoulder injury put my NHL career on ice, I resigned myself to the fact I’d never see my way out of the minor league again. As my career faded, my estranged brother’s star shot into orbit as the first line left winger for the Pittsburgh Titans. But when the team’s plane crashed returning home one night, his light was snuffed out, and I was given the opportunity of a lifetime. Now I’m in Pittsburgh, playing for the Titans, and face-to-face with my dead brother’s ghost at every turn. His locker, his legacy, his persistent and annoyingly gorgeous attorney who won’t stop contacting me about his estate, even though I’ve demanded she leave me alone. Harlow Alston would be extremely appealing if she wasn’t so aggravating. Only…that’s a complete lie. She pushes all the right buttons for me, and as much as I want her to quit pestering me about Brooks’s estate, I find myself intrigued by the fiery redhead who can’t take no for an answer. And the more I learn about Harlow, the more I find she might be the key to understanding who Brooks really was, and who I want to be. I’ve got a second shot at a career I thought I’d lost and the opportunity to build something real with Harlow, but can I find strength to move forward or will my past dictate my future?

A little girl's pet unicorn loves parties, but the unicorn causes lot of problems at her own surprise party. --

From the New York Times bestselling author of Roses comes "epic storytelling that plunges the reader headfirst" into the fate of heiress Samantha Gordon and ranch hand Nathan Holloway as their lives collide in early 1900s Texas. (Jackie K Cooper, The Huffington Post) Texas in the early 1900s was on the cusp of an oil boom that, unbeknownst to its residents, would spark a period of dramatic changes and economic growth. In the midst of this transformative time in Southern history, two unforgettable characters emerge and find their fates irrevocably intertwined: Samantha Gordon, the privileged heiress to the sprawling Las Tres Lomas cattle ranch near Fort Worth, and Nathan Holloway, a sweet-natured and charming farm boy from far north Texas. As changes sweep the rustic countryside, Samantha and Nathan's connection drives this narrative compulsively forward as they love, lose, and betray. In this grand yet intimate novel, Meacham once again delivers a heartfelt, big-canvas story full of surprising twists and deep emotional resonance.

In this new original novel by bestselling author Barry Lyga, learn the origins of the most feared force in the universe, and see how Thanos became the Titan consumed by his quest for power. Time Reality. Space. Mind. Soul. Power. Born on a doomed world and made an outcast for his physical deviancy and intimidating intellect, Thanos believes he sees something everyone else chooses to ignore: a way to save his home and the people of Titan for generations to come. But what he perceives as genius, they see as madness. Now exiled from his home world, Thanos is determined to find the means to return to Titan and implement his plan. His journey through the galaxy is a desperate race to save everything. Thanos will be successful-no matter how many billions have to die to bring balance to the universe. Learn the origins of the most formidable foe the Avengers, Doctor Strange, the Guardians of the Galaxy, and Black Panther have ever faced-a foe whom even a group of remarkable people, pulled together to fight the battles nobody else could, failed to stop.

Jack Spencer has more to worry about than being kicked off his high school's basketball team. He uncovers suspicious circumstances surrounding the car crash that severely injured his mother and learns of his father's arrest for fraud. Jack's dad is tough on him, but he has learned to live with it. For the most part, he has it pretty good. Jack is a star player on his high school basketball team with everything going for him-scoring records, popularity and an easy path to a college scholarship. Almost as fast as the crash that put his mom in the hospital, everything Jack believes in starts to crumble. His only hope is to discover what's really going on, and quickly. If he doesn't, Jack may lose much more than a basketball career.