Description |
xv, 400 pages, 8 unnumbered pages of plates : illustrations ; 25 cm |
Summary |
"This is the story of Albert J. Dunlap's rise and fall. It reveals a career that left a wake of fired employees, shattered plants, devastated communities, gutted companies - and, often, enriched shareholders."--BOOK JACKET. "First breaking into the headlines with his draconian, expense-slashing firings at Scott Paper - and the subsequent boost in the value of the company's stock - his legend grew as he took on the task of turning around troubled Sunbeam Corporation. There, at the height of his career, Dunlap became a household name, lauded as the hero of the American investor and role model for managers."--BOOK JACKET |
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"But the darker side of the Dunlap legend began to emerge as questions arose about his methods and motivations. Was he selling out the company's future for quick, short-term gains? Did his plant closedowns make business sense, or were they done to impress the Wall Street analysts? Were his massive restructurings improving the company's competitiveness or just inflating the value of the stock and his own net worth? Was his harsh treatment of employees a justifiable business tactic or the symptom of egomania?"--BOOK JACKET. "Eventually he is brought down by virtual collapse of Sunbeam, investigations of accounting and business practices, and the subsequent restatement of Sunbeam's finances. As Chainsaw makes clear, Dunlap's relentless and destructive drive for profits is symptomatic of our times and Wall Street's insatiable greed."--BOOK JACKET |
Analysis |
Company management |
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Executives |
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Share trading |
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Speculation |
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United States |
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History, 1990-1999 |
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Overseas item |
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Albert J. Dunlap |
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Sunbeam Corporation |
Notes |
Formerly CIP. Uk |
Bibliography |
Includes bibliographical references (pages 365-386) and index |
Subject |
Dunlap, Albert J. (Albert John), 1937-
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Sunbeam Corporation -- History.
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Securities industry -- United States -- History -- 20th century.
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Speculation -- United States -- History -- 20th century.
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Investments -- United States -- History -- 20th century.
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Securities industry -- United States -- History -- 20th century.
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SUBJECT |
Wall Street (New York, N.Y.) http://id.loc.gov/authorities/subjects/sh85144918 -- History -- 20th century. http://id.loc.gov/authorities/subjects/sh2002006165
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Wall Street (New York, N.Y.) http://id.loc.gov/authorities/subjects/sh85144918 -- History -- 20th century. http://id.loc.gov/authorities/subjects/sh2002006165
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Genre/Form |
Dictionaries.
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LC no. |
99034634 |
ISBN |
0066619807 |
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