1415510

9780226531083

Power Structure of American Business

Power Structure of American Business
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  • Comments: This particular book, a readable and intact copy, is no exception. Despite showing noticeable wear and tear, particularly on the spine, it stands as a testament to the journey it has undertaken through various hands and minds. This essay delves into the details of this book's condition, exploring the implications of its wear, the presence of notes and highlights, and the significance of its role as a reading copy.

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  • ISBN-13: 9780226531083
  • ISBN: 0226531082
  • Publisher: University of Chicago Press

AUTHOR

Mintz, Beth, Schwartz, Michael

SUMMARY

Mintz and Schwartz offer a fascinating tour of the corporate world. Through an intensive study of interlocking corporate directorates, they show that for the first time in American history the loan making and stock purchasing and selling powers are concentrated in the same hands: the leadership of major financial firms. Their detailed descriptions of corporate case histories include the forced ouster of Howard Hughes from TWA in the late fifties as a result of lenders' pressure; the collapse of Chrysler in the late seventies owing to banks' refusal to provide further capital infusions; and the very different "rescues" of Pan American Airlines and Braniff Airlines by bank intervention in the seventies.Mintz, Beth is the author of 'Power Structure of American Business' with ISBN 9780226531083 and ISBN 0226531082.

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