KING OF CAPITAL: SANDY WEILL AND THE MAKING OF CITIGROUP.
TITLE : KING OF CAPITAL: SANDY WEILL AND THE MAKING OF
CITIGROUP.
MATERIAL TYPE : BOOK
AQUISITION NO. : 14340
The 1998 Travelers-Citicorp merger defied federal law, caused a
dramatic CEO power struggle, and changed the landscpae of the banking
and insurance businesses forever-in other words, just another dat at
the office for Citigroup CEO Sabndy Weill. Financial writers Amey
Stone and Mike Brewster recount how a middle-class boy from Brooklyn
transformed himself into the consummate corporate deal maker in the
riveting King Of Capital.
The seeds of the historic Citigroup merger were sown early in Weill's
career. Working in the 1960s and 1970s with an all-star cast that
included future New York Observer publisher Arthur Carter, future
Broadway mogul Roger Berlind, and future SEC chairman Arthur Levitt
Jr., Weill devised a winnning blueprint for acquiring companies : buy
a struggling firm with a prestigious name on the cheap, adopt its
brand name, close underperforming divisions, integrate its operations
into the existing infrastructure and slash costs.
Weill's unprecedented achievements have been tempered by key personal
and prefessional relationships, public defeats and consumer critisicm.
However, with the unwavering support of Joan, his wife of more than
forty years, Weill remains at the peak of his profession, forever on
the lookout for the next megadeal. Discover how a disregard for the
impossible and maniacal attention to the bottom line created a
financial empire for the imcomparable King of Capital.
