Just as WASPs, Irish-Catholics and Our Crowd Jews once made the ascent from immigrants to powerbrokers, it is now the Indian-American's turn. Citigroup, PepsiCo and Mastercard are just a handful of the Fortune 500 companies led by a group known as the "Twice Blessed." Yet little is known about how these Indian emigres (and children of emigres) rose through the ranks. Until now...
The collapse of the Galleon Group--a hedge fund that managed more than $7 billion in assets--from criminal charges of insider trading was a sensational case that pitted prosecutor Preet Bharara, himself the son of Indian immigrants, against the best and brightest of the South Asian business community. At the center of the case was self-described King of Kings, Galleon's founder Raj Rajaratnam, a Sri-Lankan-born, Wharton-educated billionaire. But the most shocking allegation was that the eminence grise of Indian business, Rajat Gupta, was Rajaratnam's accomplice and mole. If not for Gupta's nose-to-the-grindstone rise to head up McKinsey & Co and a position on the Goldman Sachs board, men like Rajaratnam would have never made it to the top of America's moneyed elite.
Author Anita Raghavan criss-crosses the globe from Wall Street boardrooms to Delhi's Indian Institute of Technology as she uncovers the secrets of this subculture--an incredible tale of triumph, temptation and tragedy.
NEWS & OPINION: The 2013 800-CEO-READ Business Book Awards Shortlist: Finance & Economics
Posted December 13, 2013, 6:16 PM with category of Current Events & Public Affairs
Over the course of this week, we will be posting the shortlist selections for our 8 business book categories: General Business, Leadership, Management, Entrepreneurship & Small Business, Marketing & Sales, Personal Development, Innovation & Creativity, Finance & Economics.
On Monday, December 16th, we'll announce the 8 category winners! In early January, the overall winner of the 2013 800-CEO-READ Business Book Awards will be awarded, so stay tuned to The Daily Blog for all the good news.
NEWS & OPINION: The FT/Goldman Sachs Business Book of the Year Shortlist
Posted September 19, 2013, 7:26 PM with category of Publishing Industry
The Financial Times has announced the shortlist for their annual business book award, co-sponsored with Goldman Sachs. The have narrowed the field to six:
The Alchemists: Thee Central Bankers and a World On Fire by Neil Irwin, The Penguin Press
Making it Happen: Fred Goodwin, RBS and the Men Who Blew Up the British Economy by Iain Martin, Simon and Schuster (not yet released in the U. S.
NEWS & OPINION: The FT/Goldman Sachs Business Book of the Year Longlist
Posted August 7, 2013, 8:51 PM with category of Publishing Industry
The Financial Times & Goldman Sachs Business Book of the Year longlist has been announced. It is, as Andrew Hill of the FT writes, a reading list that mixes low deeds and high hopes (registration required).
The list includes:
After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead by Alan Blinder, The Penguin Press
The Alchemists: Three Central Bankers and a World on Fire by Neil Irwin, The Penguin Press
Big Data: A Revolution That Will Transform How We Live, Work, and Think by Viktor Mayer-Schönberger & Kenneth Cukier, Houghton Mifflin Harcourt
The Billionaire’s Apprentice: The Rise of The Indian-American Elite and The Fall of The Galleon Hedge Fund by Anita Raghavan, Business Plus
The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business by Rita Gunther McGrath, Harvard Business Review Press
The End of Power: From Boardrooms to Battlefields and Churches to States, Why Being In Charge Isn’t What It Used to Be by Moisés Naím, Basic Books
The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone, Little Brown and Company
Give and Take: A Revolutionary Approach to Success by Adam Grant, Viking Books
The Great Escape: Health, Wealth, and the Origins of Inequality by Angus Deaton, Princeton University Press
How Asia Works: Success and Failure in the World’s Most Dynamic Region by Joe Studwell, Grove Press
Lean In: Women, Work, and the Will to Lead by Sheryl Sandberg, Knopf Publishing Group
Making it Happen: Fred Goodwin, RBS and the Men Who Blew Up the British Economy by Iain Martin, Simon and Schuster (I don't see that this is being released in the U.