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James B. Stewart

Forfatter af Den of Thieves

15+ Værker 3,534 Medlemmer 48 Anmeldelser 4 Favorited

Om forfatteren

James B. Stewart lives in New York.

Omfatter også følgende navne: Stewart James B, James B. Stewart

Image credit: Penguin Books

Værker af James B. Stewart

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Took a minute to kick into gear but once we got into the 90s BOY HOWDY was this a riveting read. Screaming matches at restaurants, public letters, shareholders conferences. So much drama, all for the fate of a gigantic company.
Amateria66 | 15 andre anmeldelser | May 24, 2024 |
Rich people are awful, and should be taxed more.
siriaeve | 1 anden anmeldelse | Jul 24, 2023 |
Fun, quick, trashy read. The book moves quickly because it focuses on the characters and their interactions, but we lose sight of the larger business and cultural forces at work.

Also, the authors are far too credulous in their approach to Shari Redstone. In my opinion, based on the evidence they provide, she's just as bad as all the other malicious actors trying to exploit Sumner Redstone in his last days. It's just that she ultimately wins out.

The biggest sticking point is that Sumner Redstone -- as long as he was cogent -- repeated over and over again that he did not want Shari Redstone to succeed him. But after Shari seizes control in a household coup, she claims (without any public evidence) that her incapacitated father now supports her.

But that's pretty hard to swallow. For example, Frederic Salerno, a member of the Viacom board, was willing to support Shari if he could meet with Sumner and confirm a change of heart. Shari claims that a meeting was offered but refused (p. 170); Salerno claims that he repeatedly requested a meeting but was not permitted one (p. 174). So which is true? Our authors side with Shari, but it's not clear to me at all on what evidence they make that judgment.

Repeatedly our authors paint Shari in a very positive light when any critical thought suggests alternative motivations and judgments:
* p. 167: our authors do not drill down into rumors that Shari potentially promised to pay off the household staff when she staged her coup. ("[an email] from Octaviano asking for financial help for him and his wife to open a laundromat")
* p. 266: "Shari had no intention of trying to force through a merger," when all Shari had done (and would do in the future) was aimed at creating a merger of CBS & Viacom.
* p. 305: "Afterward Shari worried that she'd been too hard on Moonves. Should she send him a text?" -- but she never actually sent the text, so how do the authors know that she thought about it? Shari must have told them in an effort to soften her image.
* p. 340-1: "By most objective measures, Shari was proven right about the merger and her choice of Basksh as chief executive," but on just the next page "[according to] the stock price, the merger had failed to stem the company's decline." So maybe Shari was wrong about her choice, if by the "most important measure" it was a failure?
* p. 343: why wasn't Shari there at her father's death? Listening to him die on speakerphone is not really the touching scene the authors portray it as.

Anyway the book is full of these moments where the emails and text messages quoted seem to directly contract the positive image of Shari that the authors try to spin. Nevertheless an overall fun read.
… (mere)
theoldlove | 1 anden anmeldelse | Apr 12, 2023 |
Rated: B
A masterful and meticulous account of the inside-trading scandal that rocked Wall Street in the late 1980's. While the lead players were brought to justice, almost all remained super rich. Their actions cost investors both large and small catastrophic losses. It is a story of the grip of greed out of control.
jmcdbooks | 8 andre anmeldelser | Oct 23, 2022 |



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