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THE KING OF OIL

THE SECRET LIVES OF MARC RICH

A flawed biography that reveals more about capitalist societies’ willful ignorance and ethical conundrums than the secret...

A walking-on-eggshells attempt to shed light on arguably the most influential oil trader of our time.

Marc Rich rose to prominence, and billionaire status, in the 1970s by inventing the spot market for oil and by working harder and more aggressively than other commodities traders. His corporation famously traded with apartheid South Africa, Iran under the Ayatollah Khomeini, Cuba, Nigeria under the dictator Sani Abacha, China and Russia. In 1983, then–New York attorney Rudy Giuliani brought more than 50 charges against Rich in a highly publicized indictment that ended with Rich in self-exile, the ruination (or exposure, depending on your perspective) of Rich’s name, his tenure on the FBI’s Ten Most Wanted Fugitives list, his eventual pardon by President Clinton and Rich’s near-complete retreat from the public eye. Rich is a polarizing figure, and while Die Weltwoche business editor Ammann admirably attempts to capture his nuances, the author’s analyses and observations are conducted with undue caution. Circumspect reportage—the author frequently writes of Rich responding “uneasily” or “warily”—gives the impression that Ammann doesn’t wish to jeopardize his position by asking tough questions. This restraint brings unnecessary diffidence to the book, with one surprising exception: a brief, frank interview with one of Rich’s commodities traders. Questioned by Ammann about the ethics of trading with oppressive regimes, the anonymous subject points out that the bauxite used to produce the aluminum in Ammann’s soda can probably came from an oppressive dictatorship, and the oil heating the interview room probably came from Saudi Arabia. “Do the people who criticize our work want to know any of this?” the trader asks. The author assumes that the answer, for most American consumers, is no. To him, Rich and his fellow commodities traders operated, and still operate, “between a sense of reality and self-deception…the name for this gray area is capitalism.”

A flawed biography that reveals more about capitalist societies’ willful ignorance and ethical conundrums than the secret lives of its inscrutable subject.

Pub Date: Oct. 13, 2009

ISBN: 978-0-312-57074-3

Page Count: 320

Publisher: St. Martin's

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Oct. 1, 2009

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NIGHT

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the...

Elie Wiesel spent his early years in a small Transylvanian town as one of four children. 

He was the only one of the family to survive what Francois Maurois, in his introduction, calls the "human holocaust" of the persecution of the Jews, which began with the restrictions, the singularization of the yellow star, the enclosure within the ghetto, and went on to the mass deportations to the ovens of Auschwitz and Buchenwald. There are unforgettable and horrifying scenes here in this spare and sombre memoir of this experience of the hanging of a child, of his first farewell with his father who leaves him an inheritance of a knife and a spoon, and of his last goodbye at Buchenwald his father's corpse is already cold let alone the long months of survival under unconscionable conditions. 

The author's youthfulness helps to assure the inevitable comparison with the Anne Frank diary although over and above the sphere of suffering shared, and in this case extended to the death march itself, there is no spiritual or emotional legacy here to offset any reader reluctance.

Pub Date: Jan. 16, 2006

ISBN: 0374500010

Page Count: 120

Publisher: Hill & Wang

Review Posted Online: Oct. 7, 2011

Kirkus Reviews Issue: Jan. 15, 2006

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GENGHIS KHAN AND THE MAKING OF THE MODERN WORLD

A horde-pleaser, well-written and full of surprises.

“The Mongols swept across the globe as conquerors,” writes the appreciative pop anthropologist-historian Weatherford (The History of Money, 1997, etc.), “but also as civilization’s unrivaled cultural carriers.”

No business-secrets fluffery here, though Weatherford does credit Genghis Khan and company for seeking “not merely to conquer the world but to impose a global order based on free trade, a single international law, and a universal alphabet with which to write all the languages of the world.” Not that the world was necessarily appreciative: the Mongols were renowned for, well, intemperance in war and peace, even if Weatherford does go rather lightly on the atrocities-and-butchery front. Instead, he accentuates the positive changes the Mongols, led by a visionary Genghis Khan, brought to the vast territories they conquered, if ever so briefly: the use of carpets, noodles, tea, playing cards, lemons, carrots, fabrics, and even a few words, including the cheer hurray. (Oh, yes, and flame throwers, too.) Why, then, has history remembered Genghis and his comrades so ungenerously? Whereas Geoffrey Chaucer considered him “so excellent a lord in all things,” Genghis is a byword for all that is savage and terrible; the word “Mongol” figures, thanks to the pseudoscientific racism of the 19th century, as the root of “mongoloid,” a condition attributed to genetic throwbacks to seed sown by Mongol invaders during their decades of ravaging Europe. (Bad science, that, but Dr. Down’s son himself argued that imbeciles “derived from an earlier form of the Mongol stock and should be considered more ‘pre-human, rather than human.’ ”) Weatherford’s lively analysis restores the Mongols’ reputation, and it takes some wonderful learned detours—into, for instance, the history of the so-called Secret History of the Mongols, which the Nazis raced to translate in the hope that it would help them conquer Russia, as only the Mongols had succeeded in doing.

A horde-pleaser, well-written and full of surprises.

Pub Date: March 2, 2004

ISBN: 0-609-61062-7

Page Count: 320

Publisher: Crown

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: Dec. 1, 2003

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