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TOPGUN ON WALL STREET

WHY THE UNITED STATES MILITARY SHOULD RUN CORPORATE AMERICA

A different view of the financial crisis that raises important questions about business ethics and personal responsibility.

A former Navy fighter pilot and 24-year veteran of the armed forces applies lessons he learned from the Navy to Wall Street.

Assisted by Robinson (co-author: Lone Survivor: The Eyewitness Account of Operation Redwing and the Lost Heroes of SEAL Team 10, 2007, etc.), Lay asserts that the crash of 2008 wouldn't have happened if the Navy's standards of recruitment, training and commitment to truthfulness operated in the world of business. “No amount of bleating and whining will ever let Wall Street off the hook,” he writes. “They darn near single-handedly screwed up the world. It would not have happened if they’d taken a very strong pull on what was becoming a runaway horse.” Lay examines the reckless pursuit of short-term profit and the proliferation of “evil and obfuscated” financial instruments, but his main focus is different. He worked for a Lehman Brothers subsidiary, Neuberger Berman, shortly before the 2008 crash, and he compares the firm’s former standards under the family ownership of Bobbie Lehman and his predecessors with what it became under Richard Fuld. Lehman Brothers, writes Lay, “had a rich and glittering tradition of building mighty American businesses, enormous operations that had stood the test of time—until personal greed became the only thing that mattered.” The author claims that many Wall Street firms lack any sense of “undying loyalty,” and he contrasts these companies with the Navy, in which “the past remains the custodian of the future, not the other way around.” Lay also discusses the training and education programs provided by the Naval Academy and the difficult qualification process for naval aviators. Shortcuts are simply not tolerated.

A different view of the financial crisis that raises important questions about business ethics and personal responsibility.

Pub Date: May 1, 2012

ISBN: 978-1-59315-717-3

Page Count: 336

Publisher: Vanguard/Perseus

Review Posted Online: March 4, 2012

Kirkus Reviews Issue: March 15, 2012

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WHEN BREATH BECOMES AIR

A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular...

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A neurosurgeon with a passion for literature tragically finds his perfect subject after his diagnosis of terminal lung cancer.

Writing isn’t brain surgery, but it’s rare when someone adept at the latter is also so accomplished at the former. Searching for meaning and purpose in his life, Kalanithi pursued a doctorate in literature and had felt certain that he wouldn’t enter the field of medicine, in which his father and other members of his family excelled. “But I couldn’t let go of the question,” he writes, after realizing that his goals “didn’t quite fit in an English department.” “Where did biology, morality, literature and philosophy intersect?” So he decided to set aside his doctoral dissertation and belatedly prepare for medical school, which “would allow me a chance to find answers that are not in books, to find a different sort of sublime, to forge relationships with the suffering, and to keep following the question of what makes human life meaningful, even in the face of death and decay.” The author’s empathy undoubtedly made him an exceptional doctor, and the precision of his prose—as well as the moral purpose underscoring it—suggests that he could have written a good book on any subject he chose. Part of what makes this book so essential is the fact that it was written under a death sentence following the diagnosis that upended his life, just as he was preparing to end his residency and attract offers at the top of his profession. Kalanithi learned he might have 10 years to live or perhaps five. Should he return to neurosurgery (he could and did), or should he write (he also did)? Should he and his wife have a baby? They did, eight months before he died, which was less than two years after the original diagnosis. “The fact of death is unsettling,” he understates. “Yet there is no other way to live.”

A moving meditation on mortality by a gifted writer whose dual perspectives of physician and patient provide a singular clarity.

Pub Date: Jan. 19, 2016

ISBN: 978-0-8129-8840-6

Page Count: 248

Publisher: Random House

Review Posted Online: Sept. 29, 2015

Kirkus Reviews Issue: Oct. 15, 2015

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THE PURSUIT OF HAPPYNESS

FROM MEAN STREETS TO WALL STREET

Well-told and admonitory.

Young-rags-to-mature-riches memoir by broker and motivational speaker Gardner.

Born and raised in the Milwaukee ghetto, the author pulled himself up from considerable disadvantage. He was fatherless, and his adored mother wasn’t always around; once, as a child, he spied her at a family funeral accompanied by a prison guard. When beautiful, evanescent Moms was there, Chris also had to deal with Freddie “I ain’t your goddamn daddy!” Triplett, one of the meanest stepfathers in recent literature. Chris did “the dozens” with the homies, boosted a bit and in the course of youthful adventure was raped. His heroes were Miles Davis, James Brown and Muhammad Ali. Meanwhile, at the behest of Moms, he developed a fondness for reading. He joined the Navy and became a medic (preparing badass Marines for proctology), and a proficient lab technician. Moving up in San Francisco, married and then divorced, he sold medical supplies. He was recruited as a trainee at Dean Witter just around the time he became a homeless single father. All his belongings in a shopping cart, Gardner sometimes slept with his young son at the office (apparently undiscovered by the night cleaning crew). The two also frequently bedded down in a public restroom. After Gardner’s talents were finally appreciated by the firm of Bear Stearns, his American Dream became real. He got the cool duds, hot car and fine ladies so coveted from afar back in the day. He even had a meeting with Nelson Mandela. Through it all, he remained a prideful parent. His own no-daddy blues are gone now.

Well-told and admonitory.

Pub Date: June 1, 2006

ISBN: 0-06-074486-3

Page Count: 320

Publisher: Amistad/HarperCollins

Review Posted Online: May 19, 2010

Kirkus Reviews Issue: March 15, 2006

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