Pigs at the trough : how corporate greed and political corruption are undermining America

by Huffington, Arianna Stassinopoulos, 1950-

Format: Print Book 2003
Availability: Available at 1 Library 1 of 1 copy
Available (1)
Location Collection Call #
Bethel Park Public Library Nonfiction 338.7 HU
Location  Bethel Park Public Library
Collection  Nonfiction
Call Number  338.7 HU
Who filled the trough? Who set the table at the banquet of greed? How has it been possible for corporate pigs to gorge themselves on grossly inflated pay packages and heaping helpings of stock options while the average American struggles to make do with their leftovers? Provocative political commentator Arianna Huffington yanks back the curtain on the unholy alliance of CEOs, politicians, lobbyists, and Wall Street bankers who have shown a brutal disregard for those in the office cubicles and on the factory floors. As she puts it: "The economic game is not supposed to be rigged like some shady ring toss on a carnival midway." Yet it has been, allowing corporate crooks to bilk the public out of trillions of dollars, magically making our pensions and 401(k)s disappear and walking away with astronomical payouts and absurdly lavish perks-for-life. The media have put their fingers on pieces of the sordid puzzle, but Pigs at the Trough presents the whole ugly picture of what's really going on for the first time--a blistering, wickedly witty portrait of exactly how and why the worst and the greediest are running American business and government into the ground. Tyco's Dennis Kozlowski, Adelphia's John Rigas, and the Three Horsemen of the Enron Apocalypse--Ken Lay, Jeff Skilling, and Andrew Fastow--are not just a few bad apples. They are manifestations of a megatrend in corporate leadership--the rise of a callous and avaricious mind-set that is wildly out of whack with the core values of the average American. WorldCom, Enron, Adelphia, Tyco, AOL, Xerox, Merrill Lynch, and the other scandals are only the tip of the tip of the corruption iceberg. Making the case that our public watchdogs have become little more than obedient lapdogs, unwilling to bite the corporate hand that feeds them, Arianna Huffington turns the spotlight on the tough reforms we must demand from Washington. We need, she argues, to go way beyond the lame Corporate Responsibility Act if we are to stop the voracious corporate predators from eating away at the very foundations of our democracy. Devastatingly funny and powerfully indicting, Pigs at the Trough is a rousing call to arms and a must-read for all those who are outraged by the scandalous state of corporate America. From the Hardcover edition.
Published Reviews
Booklist Review: "Huffington, political commentator and columnist, provides a scathing indictment of corporate America's CEOs, the current president and vice-president, Democrats and Republicans, lobbyists, accountants, and other powerful entities that she holds responsible for "the lunatic excesses and the frenzy of fraud perpetrated by our high-flying corporate chieftains [that] have left our 401(k)s and pension plans in ruins and 8.3 million people out of work." The author details the legal and ethical debacles at companies such as Enron, WorldCom, and Tyco that have undermined the well-being of our society, and she blames not only the CEOs but the unprecedented collusion between corporate interests and politicians. Offering familiar solutions such as treating stock options as expenses, making it illegal for Wall Street firms to link research analysts and investment bankers, banning accountants from offering consulting services, and instituting real pension reform, the author wants readers to get involved and effect change. Cleverly written with stories and tests, this book exposes corporate malfeasance and the system that Huffington believes supports it. --Mary Whaley"
From Booklist, Copyright (c) American Library Association. Used with permission.
Publisher's Weekly Review: "Nationally syndicated columnist Huffington's greatest dilemma while writing this scathing indictment of the corporate and political culture that brought the "new economy" '90s crashing down must have been how to choose among the plethora of examples of greed, corruption, hypocrisy and political manipulation. So unsavory are the CEO villains, so unfathomable is their greed and monstrously callous is their disregard for the thousands of employees who lost jobs and savings because of them, that even the most worldly activist and most cynical political observers will be shocked by what they read here. And Huffington's indictment of the corporate culture of greed, one that she believes undermines democracy, goes far beyond the high-flying corporate figures featured in congressional investigations. Among her accusations are that U.S. drug companies allowed the African AIDS epidemic to rage in the interests of corporate profits, and that President Bush is a conspirator in the corporate disregard of the interests of the American public. This is a powerful book, brimming with wit and sulphurous satire that connects the dots among politicians, lobbyists and corporations, and demonstrates their destructive effect on the well-being of average Americans. She may well be on her way to achieving her goal of convincing readers "to join forces to storm the control room of the S.S. America." (Feb.) Forecast: With this book, Huffington should find readers among people who never thought they'd read her. On her Web site (ariannaonline.com), she explains her disillusionment with the political right, though she hasn't turned left, she says, but "beyond the standard left-right paradigm." Readers will eat this up. Look for a PW interview with Huffington in February. (c) Copyright PWxyz, LLC. All rights reserved"
(c) Copyright PWxyz, LLC. All rights reserved
Additional Information
Subjects Corporations -- Corrupt practices -- United States.
Political corruption -- United States.
Business ethics.
Publisher New York :Crown Publishers,2003
Edition 1st ed.
Language English
Notes Includes index.
Description 275 pages ; 22 cm
ISBN 1400047714 :
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