Charles Gasparino
The kitchen was full of the smells of baking.
— from Circle of Friends
Most acclaimed
Circle of Friends
It began with Benny Hogan and Eve Malone, growing up, inseparable, in the village of Knockglen. Benny--the only child, yearning to break free from her adoring parents...Eve--the orphaned offspring of a convent handyman and a rebellious blueblood, abandoned by her mother's wealthy family to be raised by nuns. Eve and Benny--they knew the sins and secrets behind every villager's lace curtains...except their own. It widened at Dublin, at the university where Benny and Eve met beautiful Nan Mahlon and Jack Foley, a doctor's handsome son. But heartbreak and betrayal would bring the worlds of Knockglen and Dublin into explosive collision. Long-hidden lies would emerge to test the meaning of love and the strength of ties held within the fragile gold bands of a...Circle Of Friends. From the Paperback edition.
Sellout
2008
Kennedy grapples with a stigmatized phrase: "selling out," or racial betrayal, a subject of much anxiety and acrimony in Black America. He atomizes the changing meanings of the term and shows how its usage bedevils blacks and whites. He begins his exploration with a historical definition of the "black" community, accounting for who is considered black and who is not. He looks at the ways in which prominent members of that community--Colin Powell, Condoleezza Rice, and Barack Obama, among others--have been stigmatized as sellouts. He outlines the history of the suspicion of racial betrayal among blacks, shows how current fears of selling out are expressed in thought and practice, and offers a case study of the quintessential "sellout"--Supreme Court Justice Clarence Thomas, perhaps the most vilified black public official in American history.--From publisher description.
King of the Club
A Long Way to the TopRags-to-riches stories abound in American lore, but even Horatio Alger would have been hard-pressed to write one as powerful as Richard Grasso's: the son of a working-class family whose childhood dream was to become a cop, he grew up in New York City's outer boroughs, as far removed from the marble halls, expensive suits, and imported cigars of the New York Stock Exchange as if his grandparents had remained in Italy. Here is the riveting story of how the "Little Man in the Dark Suit" rose to become the most influential CEO in the Exchange's history. Minus the tony upbringing, affluent prep schools, or inside connections that were de rigueur for top Wall Street players, Grasso would master the subtle deal-making and politics necessary to succeed in the most competitive business on Earth.The Day the Market FellThe story of September 11, 2001—the shock, panic, resilience, and heroism—is one that's been told many times. But on that day, Richard Grasso faced a challenge no other CEO of the Club had ever imagined: how to bring the very heart of global finance back from near-death to functioning operation. Swiftly, completely, and without the public knowing how desperate the struggle really was. He met it with aplomb: his finest hour, and yet one that sowed the seeds of his own destruction.A Plutocrat's PayAs the Exchange leapt from success to success, and Grasso's reputation, already gold-plated following 9/11, grew with it, the Club's Board of Directors lavishly rewarded him with a pay package that even the CEOs at the world's largest corporations might envy: more than $140 million in deferred compensation. It was a package that, when leaked, brought down a hailstorm of protest; bitter divisions among the most powerful names on Wall Street; an investigation from the "Scourge of Wall Street," then-Attorney General Eliot Spitzer; and Grasso's eventual humiliating downfall.The End of an EraAlmost single-handedly, Grasso had kept the famous specialist system, where human traders matched buy and sell orders, front and center at the Club. As competing camps plotted his downfall, the exchange's fate became clear: without Grasso, it might survive and indeed flourish, but the Exchange, the firms that supplied it with business, and the structures underpinning the movement of money around the country and the globe would never be the same.