The Business Imperialist. He would have “bought up the world” if he could, and some compared him to Napoleon. As Emperor, Geneen’s hands were on every part of his corporate machine—and every obstacle it ran into. Including duly elected governments.
The turn of corporate philosophy from the buying up of target companies to the downsizing and management of one’s own signified the end of an era that Geneen embodied—similar to what happened to Hamish Maxwell, as Altria ultimately divested itself of Kraft foods and refocused its holdings largely on tobacco.
Glucksman, Lewis—Lehman Brothers
Greenspan, Alan—Federal Reserve
Gutfreund, John—Salomon Brothers
A lot of wall street junior analysts are actually just stupid
Turns the other cheek to fraudulent behavior within his company. Causes a huge scandal because the behavior was auctioning government bonds. He worries, “No one understands why Salomon is continuing with this vendetta,” Mr. Gutfreund said in a 1994 interview. “Salomon has shown no caring for me in any way.”
He almost destroyed them! Why should they feel indebted to him at all?
Heineman, Ben—Northwest Industries
Helmsley, Leona—Helmsley Enterprises
Vice Presidents Anonymous is a support group for recovering VPs, much like Alcoholics Anonymous is for alcoholics. But instead of sharing stories about struggles with alcohol, we share stories about struggles with greed, sleaze, aggression, delusion, paralysis and imbecility .