About this product: Bruce Boudreau is living a hockey Cinderella story. After more than three decades in the minor leagues as a player and coach, he was promoted to head coach of the Washington Capitals in 2007. Boudreau revived the Caps, written off as dead, to a division championship and received the Jack Adams award as the National Hockey Leagueâs Coach of the Year in June 2008.
His story is an entertaining odyssey of triumph, disappointment, and perseverance, stretching from Toronto to Washington. As a pro rookie, Boudreau had a cameo appearance in Slap Shot with star Paul Newman. Today Boudreau coaches superstar Alexander Ovechkin and a young Washington club poised to become an elite NHL team vying for the Stanley Cup.
Boudreau stole the limelight at the 2008 NHL Awards Show with his self-deprecating and folksy manner, which has made him a popular personality at every stop heâs made. Hockey fans know thereâs only one Boudreau.
About this product: In the town of Ada, Oklahoma, Ron Williamson was going to be the next Mickey Mantle. But on his way to the Big Leagues, Ron stumbled, his dreams broken by drinking, drugs, and women. Then, on a winter night in 1982, not far from Ronâs home, a young cocktail waitress named Debra Sue Carter was savagely murdered. The investigation led nowhere. Until, on the flimsiest evidence, it led to Ron Williamson. The washed-up small-town hero was charged, tried, and sentenced to deathâin a trial littered with lying witnesses and tainted evidence that would shatter a manâs already broken lifeâ¦and let a true killer go free. Impeccably researched, grippingly told, filled with eleventh-hour drama, John Grishamâs first work of nonfiction reads like a page-turning legal thriller. It is a book that will terrify anyone who believes in the presumption of innocenceâa book no American can afford to miss.
About this product: John Meriwether, a famously successful Wall Street trader, spent the 1980s as a partner at Salomon Brothers, establishing the best--and the brainiest--bond arbitrage group in the world. A mysterious and shy midwesterner, he knitted together a group of Ph.D.-certified arbitrageurs who rewarded him with filial devotion and fabulous profits. Then, in 1991, in the wake of a scandal involving one of his traders, Meriwether abruptly resigned. For two years, his fiercely loyal team--convinced that the chief had been unfairly victimized--plotted their boss's return. Then, in 1993, Meriwether made a historic offer. He gathered together his former disciples and a handful of supereconomists from academia and proposed that they become partners in a new hedge fund different from any Wall Street had ever seen. And so Long-Term Capital Management was born. In a decade that had seen the longest and most rewarding bull market in history, hedge funds were the ne plus ultra of investments: discreet, private clubs limited to those rich enough to pony up millions. They promised that the investors' money would be placed in a variety of trades simultaneously--a "hedging" strategy designed to minimize the possibility of loss. At Long-Term, Meriwether & Co. truly believed that their finely tuned computer models had tamed the genie of risk, and would allow them to bet on the future with near mathematical certainty. And thanks to their cast--which included a pair of future Nobel Prize winners--investors believed them. From the moment Long-Term opened their offices in posh Greenwich, Connecticut, miles from the pandemonium of Wall Street, it was clear that this would be a hedge fund apart from all others. Though they viewed the big Wall Street investment banks with disdain, so great was Long-Term's aura that these very banks lined up to provide the firm with financing, and on the very sweetest of terms. So self-certain were Long-Term's traders that they borrowed with little concern about the leverage. At first, Long-Term's models stayed on script, and this new gold standard in hedge funds boasted such incredible returns that private investors and even central banks clamored to invest more money. It seemed the geniuses in Greenwich couldn't lose. Four years later, when a default in Russia set off a global storm that Long-Term's models hadn't anticipated, its supposedly safe portfolios imploded. In five weeks, the professors went from mega-rich geniuses to discredited failures. With the firm about to go under, its staggering $100 billion balance sheet threatened to drag down markets around the world. At the eleventh hour, fearing that the financial system of the world was in peril, the Federal Reserve Bank hastily summoned Wall Street's leading banks to underwrite a bailout. Roger Lowenstein, the bestselling author of Buffett, captures Long-Term's roller-coaster ride in gripping detail. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein crafts a story that reads like a first-rate thriller from beginning to end. He explains not just how the fund made and lost its money, but what it was about the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the late-nineties culture of Wall Street that made it all possible. When Genius Failed is the cautionary financial tale of our time, the gripping saga of what happened when an elite group of investors believed they could actually deconstruct risk and use virtually limitless leverage to create limitless wealth. In Roger Lowenstein's hands, it is a brilliant tale peppered with fast money, vivid characters, and high drama.
It happens to all of us: You're minding your own business, when some idiot informs you that guns are evil, the Prius will save the planet, or the rich have to finally start paying their fair share of taxes.
Just go away! you think to yourself -- but they only become more obnoxious. Your heart rate quickens. You start to sweat. You can't get away. Your only hope is...
...this book.
Glenn Beck, author of the #1 New York Times bestsellers An Inconvenient Book and Glenn Beck's Common Sense, has stumbled upon the secret formula to winning arguments against people with big mouths but small minds: knowing the facts.
And this book is full of them.
The next time your Idiot Friends tell you how gun control prevents gun violence, you'll tell them all about England's handgun ban (see page 53). When they tell you that we should copy the UK's health-care system, you'll recount the horrifying facts you read on page 244. And the next time an idiot tells you that vegetable prices will skyrocket without illegal workers, you'll stop saying "no, they won't" and you'll start saying, "actually, eliminating all illegal labor will cause us to spend just $8 a year more on produce." (See page 139.)
Idiots can't be identified through voting records, they can be found only by looking for people who hide behind stereotypes, embrace partisanship, and believe that bumper sticker slogans are a substitute for common sense. If you know someone who fits the bill, then Arguing with Idiots will help you silence them once and for all with the ultimate weapon: the truth.
About this product: A real-life thriller about the most tumultuous period in Americaâs financial history by an acclaimed New York Times Reporter
Andrew Ross Sorkin delivers the first true behind-the-scenes, moment-by-moment account of how the greatest financial crisis since the Great Depression developed into a global tsunami. From inside the corner office at Lehman Brothers to secret meetings in South Korea, and the corridors of Washington, Too Big to Fail is the definitive story of the most powerful men and women in finance and politics grappling with success and failure, ego and greed, and, ultimately, the fate of the worldâs economy.
âWeâve got to get some foam down on the runway!â a sleepless Timothy Geithner, the then-president of the Federal Reserve of New York, would tell Henry M. Paulson, the Treasury secretary, about the catastrophic crash the worldâs financial system would experience.
Through unprecedented access to the players involved, Too Big to Fail re-creates all the drama and turmoil, revealing never disclosed details and elucidating how decisions made on Wall Street over the past decade sowed the seeds of the debacle. This true story is not just a look at banks that were âtoo big to fail,â it is a real-life thriller with a cast of bold-faced names who themselves thought they were too big to fail.
The definitive account of Wall Street's stunning collapse
From critically acclaimed investigative journalist and CNBC personality Charles Gasparino comes a sweeping examination of the most recent volatile, anxiety-ridden era in our nation's socioeconomic history. The Sellout traces the implosion of the financial services business back to its roots in the late 1970s when Wall Street embraced a new business model predicated on taking enormous risks. It shows how a backwater business involving the trading of risky bonds packed with mortgages showered countless billions in profits on the financial industry but sowed the seeds of its ultimate demise. Gasparino walks readers through Wall Street's three-decades' love affair with risk, revealing a trail of culpabilityâfrom the government bureaucrats who crafted housing policies that encouraged homeownership, to the Wall Street firms that underwrote and invested in risky debt, to the mortgage sellers who handed out loans to people without the financial wherewithal to pay them back, to the homeowners who became convinced they could afford mansions on blue-collar wages. The ongoing tumult in financial markets and the global economy began when some of our most esteemed financial institutions, our government, and even average citizens abdicated their collective responsibilities, eventually selling out investors and selling off the American Dream itself.
In the spirit of classics such as Barbarians at the Gate and Liar's Poker, this page-turning narrative captures how avarice, arrogance, and sheer stupidity eroded Wall Street's dominance and profoundly weakened the financial security of millions of middle-class Americans. Eye-opening and engrossing, The Sellout provides the most thorough investigation to date of this latest gilded era.
About this product: In order to call themselves good Christians, many people have drawn overly flexible boundaries (unwilling to say no, always accommodating others' needs) or overly rigid boundaries (to the point of being righteous and judgmental). Psychologists and inspirational speakers Cloud and Townsend show readers how to set reasonable boundaries in order to follow the true path of Christianity. This book has become immensely popular, most likely because it makes personal boundaries easier to define and is filled with spiritual purpose. Some cautions: the format can be overly self-helpish for such a complex discussion and the authors at one point imply that judicious spankings may be an acceptable form of setting boundaries with children. However, many Christians will probably find themselves grateful for this biblical context of boundaries. --Gail Hudson
About this product: The Graduate Record Examinations (GRE) General Test consists of verbal, quantitative, and analytical writing sections. This book is the only test prep guide that contains questions and topics from actual tests administered worldwide. It contains verbal and quantitative questions from seven actual GRE General Tests and sample analytical writing topics from the complete pool of topics for the analytical writing measure. It includes information about the structure of the test, answering procedures, explanations of correct answers for verbal and quantitative questions, sample writing responses with scores, scoring information, a math review, and test-taking strategies.
About this product: Mary Engelbreit is commonly referred to as "The Queen of Everything." For 2010, let Mary Engelbreit's Take Good Care 2010 Wall Calendar be an inspiration and help make your days the "breit"est they can be.
Taking care of our family, friends, loved ones, our community, and our earth and lending a helping hand whenever needed should be life's daily priority. Mary Engelbreit's Take Good Care 2010 Wall Calendar, features twelve new images that portray wonderful acts of kindness and show sincere love for the world in which we live. The calendar, which is printed on responsibly forested paper, also contains plenty of space to jot down special days and important events.