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Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley
by Beard, Patricia
- Used
- Hardcover
- first
- Condition
- Like New/Like New
- ISBN 10
- 0060881917
- ISBN 13
- 9780060881917
- Seller
-
Southampton, New York, United States
Payment Methods Accepted
About This Item
William Morrow, 2007. First Edition. Hardcover. Like New/Like New. First Edition, First Printing (Full Number Line). Not price-clipped ($26.95 price intact). Published by William Morrow, 2007. Octavo. Black boards stamped in gold. Book is like new; clean with no writing or names. Sharp corners and spine straight. Binding tight and pages crisp. Dust jacket is like new with light shelf wear. 420 pages. ISBN: 9780060881917. 100% positive feedback. 30 day money back guarantee. NEXT DAY SHIPPING! Excellent customer service. Please email with any questions or if you would like a photo. All books packed carefully and ship with free delivery confirmation/tracking. All books come with free bookmarks. Ships from Southampton, New York. We Buy Books! Individual titles, libraries, collections. Message us if you have books to sell!
Synopsis
The inside story of the power struggle that rocked Wall Street's most prestigious financial institutionWhat began with a shot over the bow ended in a shocking coup d'etat. In less than four months a group of eight retired executives orchestrated a stunning revolt within Morgan Stanley, the venerable and—until recently—most successful financial services firm on Wall Street. Now acclaimed journalist and historian Patricia Beard brings together the entire behind-the-scenes story in Blue Blood and Mutiny, a real-life business thriller exposing the tale that shook high finance.In March 2005 the business world woke up to an unprecedented full-page ad in the Wall Street Journal calling for the removal of Morgan Stanley's CEO. It was paid for by a cohort of eight former Morgan Stanley executives, including an ex-chairman and an ex-president, who soon would be dubbed the "Eight Grumpy Old Men." Their target was CEO Philip Purcell, a midwesterner who had come to power following Morgan Stanley's 1997 merger with Dean Witter Discover, where Purcell had been chief executive. In his eight years as CEO, Purcell had presided over a 50 percent decline in stock price since its peak in 2000 and a series of high-profile government and civil lawsuits that had tarnished the company's once-sterling reputation. Just a few months after the Journal ad, Purcell would retire under pressure, and former president John Mack, who had been pushed out by Purcell, was appointed CEO. The "Eight Grumpy Old Men" won the battle.The revolt of the Eight is about more than the stock price, or any bottom-line metrics: it signals a clash of cultures and a battle for the soul of American business. Since its founding, Morgan Stanley has been an elite enterprise guided by J. P. Morgan Jr.'s motto "A First Class Business in a First Class Way." The House of Morgan stood for something larger than success with honor; its ethos was unique—some would say sacred—and the eight retired executives believed this ideal had been undermined during Purcell's reign.Opening the long-closed doors of a bastion of Wall Street that has maintained the strictest privacy until now, Blue Blood and Mutiny weaves the history of Morgan Stanley with the inside story of the fight for dominance between two competing business cultures—one, the collegial meritocracy handed down from the days of J. P. Morgan, and the other, a cold, contemporary corporate model. Here is the season's must-read book for anyone who wants to understand the future of American business.
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Details
- Bookseller
- Southampton Books
(US)
- Bookseller's Inventory #
- 140739
- Title
- Blue Blood and Mutiny: The Fight for the Soul of Morgan Stanley
- Author
- Beard, Patricia
- Format/Binding
- Hardcover
- Book Condition
- New
- Jacket Condition
- Like New
- Quantity Available
- 1
- Edition
- First Edition
- ISBN 10
- 0060881917
- ISBN 13
- 9780060881917
- Publisher
- William Morrow
- Place of Publication
- Scranton, Pennsylvania, U.s.a.
- Date Published
- 2007
- Keywords
- , , , , , , , ,
Terms of Sale
Southampton Books
30 day return guarantee, with full refund including original shipping costs for up to 30 days after delivery if an item arrives misdescribed or damaged.
About the Seller
Southampton Books
Biblio member since 2022
Southampton, New York
About Southampton Books
Southampton Books & Sag Harbor Books - Independent bookstores located in the villages of Southampton & Sag Harbor, New York. Selling new and collectible books in all categories. We Buy Books! Do you have books to sell? Call or email or visit our website. Collections - Libraries - Individual Titles.
Glossary
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- New
- A new book is a book previously not circulated to a buyer. Although a new book is typically free of any faults or defects, "new"...
- Spine
- The outer portion of a book which covers the actual binding. The spine usually faces outward when a book is placed on a shelf....
- Tight
- Used to mean that the binding of a book has not been overly loosened by frequent use.
- Jacket
- Sometimes used as another term for dust jacket, a protective and often decorative wrapper, usually made of paper which wraps...
- First Edition
- In book collecting, the first edition is the earliest published form of a book. A book may have more than one first edition in...
- Shelf Wear
- Shelf wear (shelfwear) describes damage caused over time to a book by placing and removing a book from a shelf. This damage is...
- Crisp
- A term often used to indicate a book's new-like condition. Indicates that the hinges are not loosened. A book described as crisp...
- Octavo
- Another of the terms referring to page or book size, octavo refers to a standard printer's sheet folded four times, producing...
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