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THE WATCHDOG THAT DIDN'T BARK

THE FINANCIAL CRISIS AND THE DISAPPEARANCE OF INVESTIGATIVE JOURNALISM

As fair and balanced as a solar-plexus punch can be.

A Pulitzer Prize–winning journalist summarizes and analyzes the reasons the press, prior to the 2008 mortgage crisis, failed to pursue some obvious villains.

Starkman—an editor at the Columbia Journalism Review and a veteran newspaperman (Wall Street Journal, among others)—has both historical and analytical items on his agenda. He begins with Ida Tarbell, who wrote massive investigative pieces about Standard Oil for McClure’s at the turn of the 20th century, then sketches the history of the muckraking tradition, which has ebbed and flowed over the past century. He also offers some history of financial journalism, including the history of the WSJBarron’sBusinessWeekFortune, Forbes and others. Among the sundry heroes who emerge is Michael Hudson, a journalist who has focused on poverty issues since the early 1990s and whose name, efforts and accomplishments appear continually throughout the final two-thirds of Starkman’s text. Throughout, as well, the author returns to the distinction between “access” and “accountability” reporting—between stories that basically profile business leaders and present their views and investigative stories designed to bring into the light information that some (many? most?) in the business community would prefer to keep hidden. These two approaches, he shows, have waxed and waned over the years; unfortunately, they were on the wane in the years leading up to 2008. Starkman is careful, though, to credit individuals and publications that did see the looming problem, but, he writes, these stories were neither prominent nor pervasive enough to have a salutary effect. He notes the numerous causes of the problem—the rise of the Internet (and decline of newspapers), the barriers facing investigative journalists and the complexity of economic issues—though he can be obscure when he tries to explain derivatives and mortgage-backed securities.

As fair and balanced as a solar-plexus punch can be.

Pub Date: Jan. 7, 2014

ISBN: 978-0-231-15818-3

Page Count: 368

Publisher: Columbia Univ.

Review Posted Online: Oct. 27, 2013

Kirkus Reviews Issue: Nov. 15, 2013

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BETWEEN THE WORLD AND ME

NOTES ON THE FIRST 150 YEARS IN AMERICA

This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”

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The powerful story of a father’s past and a son’s future.

Atlantic senior writer Coates (The Beautiful Struggle: A Father, Two Sons, and an Unlikely Road to Manhood, 2008) offers this eloquent memoir as a letter to his teenage son, bearing witness to his own experiences and conveying passionate hopes for his son’s life. “I am wounded,” he writes. “I am marked by old codes, which shielded me in one world and then chained me in the next.” Coates grew up in the tough neighborhood of West Baltimore, beaten into obedience by his father. “I was a capable boy, intelligent and well-liked,” he remembers, “but powerfully afraid.” His life changed dramatically at Howard University, where his father taught and from which several siblings graduated. Howard, he writes, “had always been one of the most critical gathering posts for black people.” He calls it The Mecca, and its faculty and his fellow students expanded his horizons, helping him to understand “that the black world was its own thing, more than a photo-negative of the people who believe they are white.” Coates refers repeatedly to whites’ insistence on their exclusive racial identity; he realizes now “that nothing so essentialist as race” divides people, but rather “the actual injury done by people intent on naming us, intent on believing that what they have named matters more than anything we could ever actually do.” After he married, the author’s world widened again in New York, and later in Paris, where he finally felt extricated from white America’s exploitative, consumerist dreams. He came to understand that “race” does not fully explain “the breach between the world and me,” yet race exerts a crucial force, and young blacks like his son are vulnerable and endangered by “majoritarian bandits.” Coates desperately wants his son to be able to live “apart from fear—even apart from me.”

This moving, potent testament might have been titled “Black Lives Matter.” Or: “An American Tragedy.”

Pub Date: July 8, 2015

ISBN: 978-0-8129-9354-7

Page Count: 176

Publisher: Spiegel & Grau

Review Posted Online: May 5, 2015

Kirkus Reviews Issue: July 1, 2015

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THE CULTURE MAP

BREAKING THROUGH THE INVISIBLE BOUNDARIES OF GLOBAL BUSINESS

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

A helpful guide to working effectively with people from other cultures.

“The sad truth is that the vast majority of managers who conduct business internationally have little understanding about how culture is impacting their work,” writes Meyer, a professor at INSEAD, an international business school. Yet they face a wider array of work styles than ever before in dealing with clients, suppliers and colleagues from around the world. When is it best to speak or stay quiet? What is the role of the leader in the room? When working with foreign business people, failing to take cultural differences into account can lead to frustration, misunderstanding or worse. Based on research and her experiences teaching cross-cultural behaviors to executive students, the author examines a handful of key areas. Among others, they include communicating (Anglo-Saxons are explicit; Asians communicate implicitly, requiring listeners to read between the lines), developing a sense of trust (Brazilians do it over long lunches), and decision-making (Germans rely on consensus, Americans on one decider). In each area, the author provides a “culture map scale” that positions behaviors in more than 20 countries along a continuum, allowing readers to anticipate the preferences of individuals from a particular country: Do they like direct or indirect negative feedback? Are they rigid or flexible regarding deadlines? Do they favor verbal or written commitments? And so on. Meyer discusses managers who have faced perplexing situations, such as knowledgeable team members who fail to speak up in meetings or Indians who offer a puzzling half-shake, half-nod of the head. Cultural differences—not personality quirks—are the motivating factors behind many behavioral styles. Depending on our cultures, we understand the world in a particular way, find certain arguments persuasive or lacking merit, and consider some ways of making decisions or measuring time natural and others quite strange.

These are not hard and fast rules, but Meyer delivers important reading for those engaged in international business.

Pub Date: May 27, 2014

ISBN: 978-1-61039-250-1

Page Count: 288

Publisher: PublicAffairs

Review Posted Online: April 15, 2014

Kirkus Reviews Issue: May 1, 2014

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