Until 35 years ago, credit was something most people had to jump through hoops to obtain--and went to great lengths to avoid. Savings went into the bank; investing was for the rich. Then, the invention of the credit card and the rise of the mutual fund stood the financial world on its head. Now an acclaimed business journalist tells how it all happened.
"Millions of teenagers accept scholarships to chase their dreams of fame and fortune--at the price of absolute submission to the whims of an organization that puts their interests dead last. For about 2 percent of top-division players, college ends with a golden ticket to the NFL or the NBA. But what about the overwhelming majority who never turn pro? They don't earn a dime from the estimated $13 billion generated annually by college sports--an ocean of cash that enriches schools, conferences, coaches, TV networks, and apparel companies . . . everyone except those who give their blood and sweat to entertain the fans. Indentured tells the dramatic story of a loose-knit group of rebels who decided to fight the hypocrisy of the NCAA fiercest enemies, including Sonny Vaccaro, the charismatic sports marketer turned whistleblower; Ed O'Bannon, the former UCLA basketball star whose lawsuit led to an unprecedented antitrust ruling; Ramogi Huma, the founder of the National College Players Association; and Andy Schwarz, the controversial economist who argued that the NCAA is a cartel that violates our core values of free enterprise and due process. This critically acclaimed and heart-wrenching exposé reveals how these and other renegades are fighting for justice in the bare-knuckles world of college sports."--Book, page 4
As soon as the financial crisis erupted, the finger-pointing began. Should the blame fall on greedy traders, lazy regulators, or clueless home buyers? This book states that the real answer is all of the above.
What the Pandemic Revealed about Who America Protects and Who It Leaves Behind
The book presents a critical examination of American capitalism's failures during the COVID-19 pandemic, highlighting the government's inability to protect citizens and the resulting devastation. It explores the blunders of officials, the complicity of economists, and the indifference of elites who profited from the crisis. Through detailed analysis, the authors investigate supply chain issues, the impact on healthcare systems, and contrasting responses from political leaders. This insightful account aims to uncover the systemic flaws in capitalism and their implications for the future.
Behind the Scenes with the Saints and Scoundrels of American Business (and Every thing in Between)
Exploring the intersection of personal and professional lives, this collection features compelling columns and profiles that delve into the complexities of various characters. It examines the moral dilemmas faced by a tobacco executive when confronted by his child's questions about smoking, the rise and fall of a young tech-stock analyst, and the impact of familial dysfunction on the media landscape. Each piece offers unique insights into the human experience against the backdrop of significant societal issues.