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In this provocative new book, award-winning political journalist Will Bunch unravels the story of how a right-wing cabal hijacked the mixed legacy of Ronald Reagan, a personally popular but hugely divisive 1980s president, and turned him into a bronze icon to revive their fading ideology. They succeeded to the point where all the GOP candidates for president in 2008 scurried to claim his mantle, no matter how preposterous the fit.

With clear eyes and an ever-present wit, Bunch reveals the truth about the Ronald Reagan legacy, including the following:

Despite the idolatry of the last fifteen years, Reagan's average popularity as president was only, well, average, lower than that of a half-dozen modern presidents. More important, while he was in office, a majority of Americans opposed most of his policies and by 1988 felt strongly that the nation was on the wrong track. Reagan's 1981 tax cut, weighted heavily toward the rich, did not cause the economic recovery of the 1980s. It was fueled instead by dropping oil prices, the normal business cycle, and the tight fiscal policies of the chairman of the Federal Reserve appointed by Jimmy Carter. Reagan's tax cut did, however, help usher in the deregulated modern era of CEO and Wall Street greed.

Most historians agree that Reagan's waste-ridden military buildup didn't actually "win the Cold War." And Reagan mythmakers ignore his real contributions -- his willingness to talk to his Soviet adversaries, his genuine desire to eliminate nuclear weapons, and the surprising role of a "liberal" Hollywood-produced TV movie.

George H. W. Bush's and Bill Clinton's rolling back of Reaganomics during the 1990s spurred a decade of peace and prosperity as well as the reactionary campaign to pump up the myth of Ronald Reagan and restore right-wing hegemony over Washington. This effort has led to war, bankrupt energy policies, and coming generations of debt.

With masterful insight, Bunch exposes this dangerous effort to reshape America's future by rewriting its past. As the Obama administration charts its course, he argues, it should do so unencumbered by the dead weight of misplaced and unearned reverence.

• Sales Rank: #620228 in Books
• Brand: Brand: Free Press
• Published on: 2010-02-02
• Released on: 2010-02-02
• Original language: English
• Number of items: 1
• Dimensions: 8.44" h x .90" w x 5.50" l, .56 pounds
• Binding: Paperback
• 304 pages

Features

• ISBN13: 9781416597636
• Condition: New
• Notes: BRAND NEW FROM PUBLISHER! 100% Satisfaction Guarantee. Tracking provided on most orders. Buy with Confidence! Millions of books sold!

From Publishers Weekly
In an attempt to challenge the legend that has sprung up around Ronald Reagan's presidency over the past decade, Bunch, a Pulitzer Prize–winning journalist, argues that the Reagan myth is dangerous because, unlike other American presidents held up as heroes, like Abraham Lincoln or Thomas Jefferson, reverence for Reagan did not emerge organically. Rather, the GOP hatched the Reagan myth, feeding it to the news media for purposes that were essentially partisan in nature... pulling off a maneuver that was unprecedented in American history. The result has been a simplified reconstruction of Reagan, from far from universally popular president to the man who ended the Cold War and spurred unprecedented economic growth. Bunch contends Reagan was responsible for neither, at least not singlehandedly. Instead, he claims that the 40th president's real achievement lay in his ability to compromise, an element of his leadership conservatives have ignored since he left office. Neither Bunch's arguments nor his prose are powerful enough to do more than slightly tarnish Reagan's halo, but his book capably puts into perspective an imperfect but fascinating administration. (Feb.)
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From Booklist
*Starred Review* The Ronald Reagan who won the cold war, cut taxes, shrank the government, saved the economy, and was the most beloved president since FDR is a myth, Bunch says. The cold war fizzled out primarily because of Soviet economic collapse. Reagan cut taxes just once, in 1991, and thereafter raised them yearly. He vastly expanded the government and burdened the economy with enormous deficits. Moreover, his approval ratings were just average, reflecting his divisiveness as a political figure. Bunch also shows that however tough-talking, Reagan was a negotiator who achieved nuclear arms reductions by talking with Soviet leader Gorbachev and got into the Iran-Contra mess because he wouldn’t send combat troops abroad. In practice, especially of foreign policy, he was a pragmatist, not an ideologue. The truculent jingoist of the myth was concocted after Alzheimer’s silenced the man and the would-be juggernaut launched by the GOP’s 1994 election triumph crashed and burned before a Democratic president who shrank government and the deficit, balanced the budget, and even racked up surpluses. Bunch names the leading, venal mythmakers and shames the myth exploiters, too. Anyone interested in America’s immediate future should read this book. --Ray Olson

Review
"With help from a loving Beltway press corps, Republicans sold Reagan as the iconic American leader. From promotions like the Ronald Reagan Legacy Project and Operation Serenade, the GOP marketing machine worked to perfection. Will Bunch's long overdue book, Tear Down This Myth, pulls back the curtain and looks at Reagan, minus the branding. It's a sobering sight." -- Eric Boehlert, author of Lapdogs: How the Press Rolled Over for Bush

"Will Bunch's subtle account of Reagan's legacy carefully dismantles the image of conservative purism that has been painted over the real Ronald Reagan. But in tearing down the myth, Bunch also gives us a fascinating portrait of Reagan the pragmatist, able to compromise, to change his ground and to govern from the center as political winds shifted. This is a buried Reagan, hidden even at the time but still perceptible, in some ways, to those of us who fought him at the time. Tear Down This Myth is historical revisionism for which both Reagan's supporters and his opponents should be grateful." -- James K. Galbraith, author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too

"Tear Down This Myth is as feisty as it is fearless. In it, Will Bunch begins the process, long overdue, of deflating Ronald Reagan's overinflated reputation." -- Andrew J. Bacevich, author of The Limits of Power: The End of American Exceptionalism

"Will Bunch's iconoclasm is deeply necessary. It is also splendidly entertaining. The myth that Ronald Reagan was loved by everybody all the time is one of the greatest PR swindles of the age. This is a must-read for all who cherish truth in history." -- Rick Perlstein, author of Nixonland: The Rise of a President and the Fracturing of America

"Will Bunch's book couldn't come at a better time. Following an election that saw America reject Reaganism, Tear Down This Myth explores how that conservative ideology came to power and what was so destructive about it." -- David Sirota, author of The Uprising: An Unauthorized Tour of the Populist Revolt Scaring Wall Street and Washington

"The Ronald Reagan who won the cold war, cut taxes, shrank the government, saved the economy, and was the most beloved president since FDR is a myth, Bunch says....The truculent jingoist of the myth was concocted after Alzheimer's silenced the man and the would-be juggernaut launched by the GOP's 1994 election triumph crashed and burned before a Democratic president who shrank government and the deficit, balanced the budget, and even racked up surpluses. Bunch names the leading, venal mythmakers and shames the myth exploiters, too. Anyone interested in America's immediate future should read this book." -- Booklist

Most helpful customer reviews

284 of 326 people found the following review helpful.
Balanced and Fair, So There...
By Hank Drake
Ronald Reagan was out of the public eye for the ten years preceding his death. During his time in office, and in his first five years out of office, there was an anti-Reagan backlash. (Even George H. W. Bush had a small hand in that, when he spoke of a "kinder and gentler" America, Nancy Reagan was said to have asked, "Kinder and gentler than who?") Numerous critical books were written about Reagan both during and immediately after his presidency.

After Reagan movingly went public with his Alzheimer's diagnosis in 1994, negative criticism in print and on the broadcast media ceased - partly out of respect, but mostly because publishers thought negative books on Reagan would not sell. The former president was consigned to the mist of hagiography. By the time he died in 2004, there were serious calls for memorialization such as adding his visage to the dime and even to Mount Rushmore.

It takes time to look back at history with real perspective.

Two books have been recently published which attempt to present an alternative perspective on the Reagan presidency. One, William Kleinecht's The Man Who Sold the World: Ronald Reagan and the Betrayal of Main Street America, is revisionist polemic and does more to enrage than enlighten. Will Bunch's Tear Down this Myth, however, is a fair and balanced (to borrow a phrase popular with right-wingers) look at the Reagan presidency. Far from polemic, and often complimentary to President Reagan, Bunch attempts to reveal the presidency of Ronald Reagan as it was experienced by those during the era. Many of the negative reviews appearing on Amazon are obviously written by those who didn't read the book. As I've said before, Amazon needs to look more carefully at reviews before publishing them. This is not a chat board.

The difference between Reagan and George W. Bush, Bunch implies, is that while Reagan had a general philosophy (lower taxes, deregulate the market, stand tall against the Soviets), Bush was dogmatically rigid. True, Reagan signed a massive (and warranted) tax cut in 1981. But he signed six tax increases in the years that followed. Despite what idolaters parrot, the '81 tax cut did not spur economic recovery, but preceded an even deeper recession than the one Reagan inherited. Faced with a Democratic controlled House, Reagan had to compromise on many of his programs. After proposing draconian entitlement cuts in 1981 (anyone remember "ketchup is a vegetable?"), Reagan realized they would never sell and backed off. Ever the pragmatist, Reagan worked with House Speaker Tip O'Neill (who were poles apart politically but enjoyed each others' company) to reform Social Security. He also signed immigration reform and programs to improve health care for the catastrophically ill. Talking tough against the Soviets, Reagan nevertheless was able to hammer out agreements with Mikhail Gorbachev which did more to reduce Cold War tensions than the détente favored by his predecessors. (He also became so worried about increasing tensions in 1983 that he considered inviting Yuri Andropov to an emergency summit.)

But Reagan made mistakes which have been glossed over: including the stationing of Marines in Lebanon and providing aid to Saddam Hussein. The Iran-Contra scandal, which nearly sank his presidency, has been almost forgotten. And the spiraling deficits of the 1980s (repeated 20 years later) proved that the Laffer Curve, which was the cornerstone of Reaganomics, had no basis in actual fact.

How then, did Reagan will two landslides? It's simple. Even though numerous polls showed the American people were leery of his policies, they just liked the guy.

Tear Down this Myth is well researched and Bunch writes in fine, easily readable style. Conservatives have touted Ronald Reagan as America's savior, while Liberals have painted him as the devil incarnate. Reality, as Will Bunch demonstrates, is somewhere in between.

0 of 0 people found the following review helpful.
Reagan reminds me of the actor in "Death Valley Days"
By Timothy J. Norton
It's funny that my most vivid memory of Reagan is him introducing a western series called "Death Valley days" whose sponsor was 20 mule team Borax back in the early 1960's.The show consisted of episodes of very simplistic morality Westerns popular in that era. This book is about the myth and romantic illusion of Reagan's politics that invoked a glorious past that never was.
The author does a good job explaining a President that stood precariously on 3 pillars of:- Fear of Communism used to promote his international agenda and his Contra scandal , - Trickle down economics that never worked except for the wealthy, and - his over simplified philosophy of government that would not allow for any new ideas leading to his bigoted comments such as his stores about welfare cheats , ignorance of science or the environment.

0 of 0 people found the following review helpful.
Yup, this book tells it like it is!
By Cheryl
Great book. Solidifies what I've always thought. Reagan was just an empty suit and the people around him propped him up. Fooled a whole lot of people in the '80s!

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** PDF Download The Handbook for Enhancing Professional Practice: Using the Framework for Teaching in Your School, by Charlotte Danielson

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Since the original publication of Enhancing Professional Practice: A Framework for Teaching in 1996, thousands of educators in the United States and around the world have used the framework and its clear definition of the components of good teaching to structure their professional conversations and guide their practice. Building on those diverse experiences, Charlotte Danielson now provides specific guidance for teacher educators, teachers, administrators, and others who seek to use the framework to improve their programs and practice. The Handbook for Enhancing Professional Practice offers sound advice, step-by-step procedures, and practical tools for using the framework in teacher preparation, teacher recruitment and hiring, teacher mentoring and peer coaching, self-directed professional inquiry, professional development, and teacher evaluation. The ready-to-use forms and other instruments in this book transform the framework for teaching into a mechanism for teacher support that emphasizes two key goals: quality assurance and professional learning. Grounded in practitioners' wisdom, this handbook demonstrates how the framework for teaching can inform professional growth throughout a teacher's career--from preservice training through the attainment of the skills and knowledge that characterize distinguished teaching.

• Sales Rank: #59161 in Books
• Brand: Brand: Heinle ELT
• Published on: 2008-09-15
• Original language: English
• Number of items: 1
• Dimensions: 10.60" h x .40" w x 8.30" l, 1.00 pounds
• Binding: Paperback
• 177 pages

Features

• Used Book in Good Condition

About the Author
Charlotte Danielson is an international education consultant and presenter based in Princeton, N.J.

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0 of 0 people found the following review helpful.
Five Stars
By Ashly J Johnston
Was in condition stated

5 of 5 people found the following review helpful.
Not what I thought it was
By Karen H
I was looking for a book for teachers, and this book was geared more towards administrators. It is good for administrators, and it is good for teachers who want to see what their administrators are using. I was looking for a book for teachers.

21 of 25 people found the following review helpful.
Strongly recommended for professional and academic library Education Studies reference collections
By Midwest Book Review
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>> Ebook On the Eve: The Jews of Europe Before the Second World War, by Bernard Wasserstein

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On the Eve is the portrait of a world on the eve of its destruction. Bernard Wasserstein’s original and provocative book presents a new and disturbing interpretation of the collapse of European Jewish civilization even before the Nazi onslaught.

On the Eve is the portrait of a world on the brink of annihilation. In this provocative book, Bernard Wasserstein presents a new and disturbing interpretation of the collapse of European Jewish civilization even before the Nazi onslaught.

In the 1930s, as Europe spiraled toward the Second World War, the continent’s Jews faced an existential crisis. The harsh realities of the age—anti-Semitic persecution, economic discrimination, and an ominous climate of violence—devastated Jewish communities and shattered the lives of individuals.

The Jewish crisis was as much the result of internal decay as of external attack. Demographic collapse, social disintegration, and cultural dissolution were all taking their toll. The problem was not just Nazism: In the summer of 1939 more Jews were behind barbed wire outside the Third Reich than within it, and not only in police states but even in the liberal democracies of the West. The greater part of Europe was being transformed into a giant concentration

camp for Jews. Unlike most previous accounts, On the Eve focuses not on the anti-Semites but on the Jews. Wasserstein refutes the common misconception that they were unaware of the gathering forces of their enemies. He demonstrates that there was a growing and widespread recognition among Jews that they stood on the edge of an abyss.

On the Eve recaptures the agonizing sorrows and the effervescent cultural glories of this last phase in the history of the European Jews. It explores their hopes, anxieties, and ambitions, their family ties, social relations, and intellectual creativity—everything that made life meaningful and bearable for them.

Wasserstein introduces a diverse array of characters: holy men and hucksters, beggars and bankers, politicians and poets, housewives and harlots, and, in an especially poignant chapter, children without a future. The geographical range also is vast: from Vilna (the “Jerusalem of the North”) to Amsterdam, Vienna, Warsaw, and Paris, from the Judeo-Espagnol-speaking stevedores of Salonica to the Yiddish-language collective farms of Soviet Ukraine and Crimea.

Wasserstein’s aim is to “breathe life into dry bones.” Based on comprehensive research, rendered with compassion and empathy, and brought alive by telling anecdotes and dry wit, On the Eve offers a vivid and enlightening picture of the European Jews in their final hour.

• Sales Rank: #754420 in Books
• Brand: Brand: Simon n Schuster
• Published on: 2012-05-01
• Released on: 2012-05-01
• Original language: English
• Number of items: 1
• Dimensions: 9.25" h x 1.70" w x 6.25" l, 1.73 pounds
• Binding: Hardcover
• 576 pages

Features

• Used Book in Good Condition

Review
“Enthralling, heartbreaking… Wasserstein commands an intensive and incisive knowledge of the Jewish subculture …and, as may be seen, the ability to write about it evocatively.” (San Francisco Chronicle)

"Meticulous, closely researched, movingly evocative....As an encyclopaedic record of Jewish life before the second world war, Wasserstein's book is nothing less than a marvel. Nothing escapes his gaze....As he shows, Jewish society had a cultural richness and diversity to match any in Europe….Wasserstein's great achievement is to show just how far Jewish life in Europe was embattled even before war broke out in 1939. This was not some lost golden age.” (Sunday Times of London)

“A bright, hard glimpse at the final thriving days of European Jewry…[s]traightforward, scholarly and tidily organized…[a] wide-ranging, marvelously complete overview of a diverse, teeming civilization poised for ruin." (Kirkus Reviews, starred review)

“A substantive, perceptive, and highly valuable kaddish for lost lives and lost worlds.” (Publishers Weekly, starred review)

"At last, we have a comprehensive, richly textured account of Jewish life in Europe before the Holocaust. Bernard Wasserstein is unsparingly honest in his portrayal of a highly diverse, highly accomplished community, weakened by internal divisions and demographic decline as a much larger disaster loomed. On the Eve is essential reading for anyone seeking to understand the world that was about to disappear." (Andrew Nagorski, author of Hitlerland)

“The Holocaust lingers in the memory not just because of the scale of the terror visited on Europe's Jews but because of the many, many questions the event has raised that remain unanswered. Wasserstein creates a kaleidoscopic portrait of the many different ways Jews lived from France into Russia. An important study with an important message.” (Michael Goldfarb, author of Emancipation: How Liberating Europe's Jews from the Ghetto Led to Revolution and Renaissance)

"Takes the reader step by step through the history of the Jews of Europe between the two world wars and provides a comprehensive survey of their situation throughout the continent. It is a rare and excellent introduction, an evaluation that furnishes a deeper understanding of the events of the Holocaust." (Yad Vashem International Book Prize citation)

“Wasserstein chronicles European Jewry in the decade before the war, boldly exploring problems within the community as well as the external pressures of anti-Semitism…I suspect that we think we know all there is to know about this subject, but we don’t; Wasserstein should have us covered. Important.” (Library Journal)

“Wasserstein . . . is not only an expert about his subject matter but also a lucid writer. . . . superb” (Christian Science Monitor)

“Judicious and comprehensive . . . in the process of covering such a wide chronological and geographic scope, Wasserstein frequently brings in the lives and experiences of specific individuals, thereby offering the reader a sense of life as it was lived.” (HistoryBookClub.com)

“An enlightening and moving evocation of the richness and heterogeneity, both vast and under-documented, of Jewish life in pre-war Europe.” (The Jewish Chronicle)

About the Author
Bernard Wasserstein is Ulrich and Harriet Meyer Professor of Modern European Jewish History at the University of Chicago. His many previous books include The Secret Lives of Trebitsch Lincoln, which was awarded the Golden Dagger for Non-Fiction by the Crime Writers’ Association, and Barbarism and Civilization: A History of Europe in Our Time.

Excerpt. © Reprinted by permission. All rights reserved.
On the Eve — 1 — THE MELTING GLACIER Four Zones
Ten million Jews lived in Europe in the late 1930s. They were distributed among four zones, each with a different history, divergent conditions of life, and, on the face of things, varying prospects for the future. In the democracies of western Europe, Jews had been emancipated for several generations and enjoyed a civic equality that, in spite of the rising tide of anti-Semitism, protected them, for the time being, against any threat to their security. By contrast, in Germany and those parts of central Europe that had already been absorbed into the Third Reich, Jews were in the process of being stripped of citizenship, subjected to discriminatory laws, driven out of the professions, and deprived of the bulk of their possessions, and were under intense pressure to emigrate. In a third zone, comprising all the states of east-central Europe, anti-Semitism, often drawing on deep popular roots, formed a significant element in political discourse and in most countries had been integrated into public policy in the shape of explicitly or implicitly anti-Jewish laws. Finally, in the Soviet Union, where the Jews had been emancipated in 1917, later than anywhere else in Europe (save only Romania), they enjoyed dramatic upward social mobility in the interwar period. But collective Jewish life, whether religious, political, or cultural, was, like other aspects of existence under Stalin, subject to severe restrictions.

In German, the word Judentum means simultaneously “Judaism” and “Jewry.” But in the heart of the European Jew since the Enlightenment a schism had arisen between the conceptions of Judaism as a religion and as a Volksgemeinde, a community based on common ethnicity. In France, since their emancipation during the revolution, many Jews had come to regard it as a cardinal principle that Jewishness was a purely religious category and that in every respect they were as French as other Frenchmen. In Germany, where emancipation had come later and where social relations between Jews and gentiles, even in the liberal Weimar period between 1918 and 1933, were more fragile, matters were slightly different. There, writes George Mosse, a scion of the German-Jewish elite, “there was no either/or—either German or Jew. . . . Jewishness was not merely a religion but was primarily linked to pride of family, from which it could not be divorced.”1 In eastern Europe, where boundaries of state and nation rarely ran together, and where most Jews still spoke Yiddish, lived in dense concentrations, and held more closely to their own cultural patterns, Jewishness tended to be seen by Jews themselves as well as by their neighbors as primarily an ethnic category. This was true also in the USSR, where “Jewish” was a legally recognized national distinction.
Like God in France
The democratic zone of interwar Europe was the most comfortable for Jews. But it held the smallest share of the continent’s Jewish population, under a million, or less than 10 percent of the total.

In western Europe, however, the security that Jews enjoyed was no longer quite so automatic or unquestioned as in the past. True, a Jew had been elected prime minister of France in 1936. But the socialist Léon Blum’s victory as head of the left-wing Popular Front was regarded as a mixed blessing by many French Jews. The government’s enemies on the right focused on Blum’s Jewishness and used it, to some effect, as a propaganda bludgeon against the left. Even in the Netherlands, with its long history of Christian-Jewish amity, stretching back to the friendly reception of “New Christians” (Marranos) from the Iberian peninsula in the sixteenth and seventeenth centuries, a certain unease entered into the relationship in the 1930s following the arrival of large numbers of refugees from Nazi Germany.

The phrase heureux comme un juif en France (“happy like a Jew in France”) had come to have the proverbial meaning of very happy. But over the previous generation it had often been tinged with irony. At the turn of the century, the Dreyfus Affair had suggested that there were limits to the recognition of Jews as French. Since 1919, with the return by Germany of Alsace and Lorraine to France, French Jews, a majority of whom traced their origins to the two regained provinces, might again feel content to be fully part of the national patrimony. But their enemies now turned the phrase against them, suggesting that the Jews were too happy in France, in other words that they were doing too well, at the expense of others.
Mendelssohn’s Heirs
In its origin, the phrase was a play on the German/Yiddish leben wie Gott in Frankreich, which meant to live very well. Under the Weimar Republic in Germany, Jews looked forward to the consolidation of more than a century of progress toward legal equality and social acceptance in a country and culture in which they felt no less at home than French Jews did in France.

That sense of ease was manifested all over Germany in September 1929, when Jews and Christians alike celebrated the two hundredth anniversary of the birth of Moses Mendelssohn, father of the Jewish enlightenment and progenitor of a dynasty of bankers, musicians, and scholars who remained a significant force in the culture, economy, and politics of the country. The minister of the interior, Carl Severing, and the leading Liberal rabbi in Berlin, Leo Baeck, were among those who delivered encomia to mark the occasion. At a Sunday matinée concert in Mendelssohn’s birthplace, Dessau, works by Bach and Beethoven were performed in his honor. A representative of the city of Berlin laid a wreath at the philosopher’s grave in memory of a “great fellow-citizen.” His descendants, all now Christians, reserved an entire luxury hotel for three days for a gathering of the clan. The series of events was a symbolic high point of the modern German-Jewish symbiosis.2

Most helpful customer reviews

33 of 35 people found the following review helpful.
magnificent
By leona
this is an encyclopedic account of the final years of the Jewish tragedy of life in Europe.One can only marvel at the breadth of Wasserstein's research and his enviably graceful writing.He eschews polemics and though full of empathy and sorrow at the events he unfolds, nevertheless he never sinks into bathos.
Like the previous reviewer ,I believe every Jew and indeed every person who desires to know more than the "Cliff Notes" version of the History of the Jews in Europe until 1939 should read it.
It was recommended to me by a dear non-Jewish friend who insisted that I read it as one of the most profoundly moving books I would ever read.
He was right!

14 of 14 people found the following review helpful.
a fascinating history of a world about to be destroyed
By K. Kennedy
On The Eve by Bernard Wasserstein tells the history of Jews in Europe in the 1930s by looking at their communities, relations with and within polities and civil society, the issues of assimilation and turning to Orthodoxy, and so on. Mr. Wasserstein studies communities both small and large, and spreads his observations from Spain eastward all across continental Europe, and brings the reader amazing insight into the world that existed, always with a sense of impending doom, but without judging individuals for the decisions they made (or did not make). Mr. Wasserstein also writes about the smaller communities within these communities--the deaf, the criminal world, the mentally ill, and so on--communities more often ignored and hidden than discussed by other authors. This is truly a fascinating book, and I recommend it very highly.

21 of 23 people found the following review helpful.
A lasting contribution
By David A. Satter
Bernard Wasserstein has performed a rare service, evoking with sympathy and honesty the lost world of the murdered European Jews. There are very few books that merit the description, "important" but this surely is one of those. It is fair minded and elegiac depicting European Jewish society with all its faults and contradictions but also its great virtues. In this way, Wasserstein conveys an intense sense of what was lost.

See all 25 customer reviews...

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@ Ebook The Last of the Tribe: The Epic Quest to Save a Lone Man in the Amazon, by Monte Reel

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Throughout the centuries, the Amazon has yielded many of its secrets, but it still holds a few great mysteries. In 1996 experts got their first glimpse of one: a lone Indian, a tribe of one, hidden in the forests of southwestern Brazil. Previously uncontacted tribes are extremely rare, but a one-man tribe was unprecedented. And like all of the isolated tribes in the Amazonian frontier, he was in danger.

Resentment of Indians can run high among settlers, and the consequences can be fatal. The discovery of the Indian prevented local ranchers from seizing his land, and led a small group of men who believed that he was the last of a murdered tribe to dedicate themselves to protecting him. These men worked for the government, overseeing indigenous interests in an odd job that was part Indiana Jones, part social worker, and were among the most experienced adventurers in the Amazon. They were a motley crew that included a rebel who spent more than a decade living with a tribe, a young man who left home to work in the forest at age fourteen, and an old-school sertanista with a collection of tall tales amassed over five decades of jungle exploration.

Their quest would prove far more difficult than any of them could imagine. Over the course of a decade, the struggle to save the Indian and his land would pit them against businessmen, politicians, and even the Indian himself, a man resolved to keep the outside world at bay at any cost. It would take them into the furthest reaches of the forest and to the halls of Brazil’s Congress, threatening their jobs and even their lives. Ensuring the future of the Indian and his land would lead straight to the heart of the conflict over the Amazon itself.

A heart-pounding modern-day adventure set in one of the world’s last truly wild places, The Last of the Tribe is a riveting, brilliantly told tale of encountering the unknown and the unfathomable, and the value of preserving it.

• Sales Rank: #467183 in Books
• Published on: 2010-06-15
• Released on: 2010-06-15
• Original language: English
• Number of items: 1
• Dimensions: 9.00" h x 1.00" w x 6.00" l, 1.00 pounds
• Binding: Hardcover
• 288 pages

From Publishers Weekly
In his first book, Reel, the South American correspondent for the Washington Post, brings to life the ongoing struggle on the Brazilian frontier between Native Americans and land-hungry settlers. In 1996, government Indian agents began to investigate rumors of a single Indian living in an area of the Amazon Basin recently opened to development. The agents discovered that there was indeed an Indian, but he rejected all attempts at communication, going so far as to shoot arrows at anyone who approached him. The agents' attempt to make direct contact became a race against time as local ranchers did everything they could to ensure that the last Indian went the way of the rest of his tribe. Reel smoothly translates the complexities of the Brazilian frontier into an adventure narrative, without slighting his material. Reel focuses on the colorful Indian agents, who come across as a meÌülange of cowboy, hippie, and anthropologist. He also brings out the paradoxes that face a poor country torn between exploiting its resources and preserving its heritage. While the dramas of the rain forest and obscure Native American groups may seem distant to New York and Los Angeles, Reel demonstrates how the life and death of a lone Indian in Rondonia have consequences for the entire world.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

From Booklist
Reel, the South American correspondent for the Washington Post, approaches the search for the last surviving member of an Amazon tribe from the perspective of the government agents charged with both verifying his existence and preserving his way of life. Focusing more on politics than anthropology, Reel reports on the laws governing tribal lands and conflicts with ranchers and the men in the Isolated Indians Division who all believe passionately in protecting indigenous life. The narrative shifts back and forth from the pursuit of a rumored lone tribesman to the team members themselves and the reasons why each has so much personally invested in keeping the Indians on their land. This can make for disjointed reading at times, but by resisting the hyperbole of the “pure native,” Reel provides a fresh look at a story that has become almost a cliché. This is an inquiry into money and power and political corruption juxtaposed against the rights of a single man who may—or may not—cling to an ancient way of life. --Colleen Mondor

Review
“Whizzing arrows, devious plots, heartbreak and mystery — it’s amazing that amidst all this intrigue and adventure, Monte Reel’s main purpose in this remarkable tale is to chart the science behind an event we may never witness again: the discovery of a last survivor of a lost tribe. Reel masterfully describes the peril and moral dilemmas that unfold when a team devoted to protecting indigenous tribes stumbles upon a tribesman who, armed with five-foot arrows and near-invisibility, would rather protect himself. You won’t find anthropology this enthralling without a bullwhip and a fedora.”

-Christopher McDougall, New York Times bestselling author of Born to Run

"Monte Reel has journeyed into one of the last remote places on earth and come back with a tale as unique as the solitary Indian it describes. In this sure-handed recounting of a brave race against time by a small group of idealists, he provides an urgent and lyrical reminder of the value of preserving mystery in the world."

--Benjamin Wallace, author of the New York Times bestseller The Billionaire's Vinegar

“An exhilarating tale of obsession and loss, The Last of the Tribe guides us through the shadowy heart of Amazonia, a raucous frontier plagued by violence wrought in the name of progress. It is here that a lone Indian, pursued by rapacious ranchers and compassionate souls alike, becomes a celebrated symbol of defiance. Monte Reel’s account of this unlikely hero’s quest to survive is richly detailed, deeply humane, and wholly unforgettable.”

--Brendan I. Koerner, author of Now the Hell Will Start

“In chronicling the needle-in-a-haystack hunt for a lone Indian in the Amazon, Monte Reel has written a brilliant tale of man versus the jungle, of the dilemmas and dangers in trying to protect the few remaining indigenous tribes from the rapacious march of development. It is a riveting detective story. Once you crack open The Last of the Tribe, you'll find it impossible to stop reading.”
--Rajiv Chandrasekaran, author of Imperial Life in the Emerald City: Inside Iraq's Green Zone

“The tragedy that rises off the pages of The Last of the Tribe is mankind helpless to save itself—and the Amazon—from itself. Yet, in this gripping account hope shines through in the resolve of the brave and tenacious sertanistas to contact and save a lone isolated tribesman. Where experience is measured in bouts of malaria, the good guys attempt to outfox the greedy who recklessly exploit the jungle. Reel tells the story with vigor and restraint, both in the right places. I recommend it.”

--Dean King, author of Skeletons on the Zahara and Unbound

“Monte Reel gets right to the heart of the dilemma facing modern-day Brazil as its rush to develop the vast Amazon rain forest rapidly collides with the last vestiges of cultures whose way of life has changed little since the Stone Age. The Last of the Tribe does an excellent job of placing the reader in the heart of the Amazon.”
--Associated Press

"The Last of the Tribe is Avatar for grown-ups, a tribe-in-peril-story with real people, complicated motives, and every bit of subtlety and nuance left out of James Cameron's cliched script. This is above all else just a good quest story. And Reel's tale is expertly told: perfectly timed, thoroughly researched and descriptively written.”
--San Francisco Chronicle

“The story is engrossing. Reel rightly tells it like a thriller…and taking the trek with the Brazilian explorers—and Reel—is well worth your time.”
–St. Louis Post-Dispatch

Most helpful customer reviews

26 of 26 people found the following review helpful.
A Masterfully crafted adventure of tragic implication
By Eric Eason
Monte Reel's "The Last of the Tribe" is a masterfully crafted true adventure about a lone, uncontacted indian whose survival augurs the very existence of Brazil's remaining rain forest.

In Rodonia, in one of the most far-flung, Conradian corners of Brazil, a drama of deep implication is unfolding between the modern world and, literally, ancient man. Here, a single Indian -- the last remaining member of a tribe wiped out by genocidal ranchers -- lives entirely alone in the jungle, oblivious to what his life signifies. Rarely glimpsed, this Indian's existence, if proven definitively, means everything. That is, Brazilian cattle ranchers and multinational logging companies will be prohibited from developing the 31 square mile area upon which the Indian hunts and lives. And this pristine swath of the rain forest will be spared their saw-blades.

Those are the stakes in Reel's penetrating first book that adroitly interweaves a succession of fascinating story lines, introducing us to a myriad of unforgettable characters; corrupt politicians, cynical anthropologists, idealistic explorers, and most interesting of all, the indigenous people of the Amazon whose near extinction tragically articulates what the forest can not.

This is an exceptionally well-realized, prophetically sad, yet hopeful book. Special mention needs to be made about the high caliber of the author's prose. In today's wikified world, it's rare to encounter truly first-rate literary non-fiction. Mr. Reel is a genuine wordsmith. Page after page, his pen vividly conjures the secret sinews of the jungle, and unmasks the passionate men determining its fate. There is unlikely to be a more timely or important work written this year.

17 of 19 people found the following review helpful.
"avatar for adults"
By A. Salas
The Last of the Tribe is a compelling story that takes us deep into the Amazon on a quest to find the last living Indian of an extinct tribe. The journey introduces us to colorful characters interested in finding and protecting the Indian and loggers and landowners interested in killing the Indian.

Reel accomplishes fantastic storytelling, all the while avoiding a preechy narrative and allowing the reader to draw his/her own conclusions on the high costs of economic development.

8 of 8 people found the following review helpful.
Very Thought Provoking
By Mike B
A very compelling narrative of the search for the last member of a tribe, in the Amazon rain forest of Brazils' Rondonia province. The great strength and quality of this book is that it scrutinizes this search from several different angles.

Since Columbus there has always been a conflict between the `settlers' and the indigenous peoples. Today, the Amazon rain forest, is still viewed as a land mass of opportunity for urban Brazil. People from the eastern seaboard can start a new life - at little cost. They can become farmers, ranchers or miners.

But what does this all mean to the aboriginal inhabitants? At best they are dislocated constantly in the face of `expanding civilization' or at worst they are killed off. This book examines the dislocation of one man. He is sited over several years at various intervals, but there is never permanent contact. The small government group in Brazil that attempts to protect aboriginal peoples has an internal debate as to what type of `contact' to have, and the `contact' is not entirely up to them. Also by `actual contact' the tribe itself is changed. And is this `contact' going to be beneficial for the tribe?

In this case the tribe consists of one man. The author probes the isolation of this `last' man and contrasts it with other isolated individuals through-out history.

There is also a personal cost of working in the government organization to protect the Indians. The Amazonian rain forest takes a physical toll on these modern day explorers. The ranchers and miners wield much more political power in the Amazon than a small government organization assigned to protect aboriginal peoples. The laws and legislation passed in a court in Brasilia have little impact hundreds of miles away. There is the paper law and the actual events.

As the author points out when modernity meets a native tribe, inevitably, in the short or the long run, the native tribe will be drastically altered.

All and all a most engaging and thought provoking book.

See all 17 customer reviews...

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> Get Free Ebook Engaging Teachers in Classroom Walkthroughs, by Donald S. Kachur, Judith A. Stout, Claudia L. Edwards

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Engaging Teachers in Classroom Walkthroughs is a practical guide to planning and implementing brief but focused classroom observations that involves teachers in every step of the process. Drawing from their study of 40 schools in the United States and Canada, the authors show how administrators and teacher leaders moved teachers from resisting to embracing the practice. Readers will learn how to

* Foster a school culture that supports walkthroughs.
* Implement the components of successful walkthroughs, such as focus and look-fors, data collection methods, and meaningful follow-up strategies.
* Get all teachers involved and actively participating.
* Evaluate the walkthrough process and measure its effectiveness.
* Use walkthroughs to support professional development related to the Common Core State Standards.

This book demonstrates that when teachers learn from one another in a cycle of continuous professional growth through observation, shared inquiry, dialogue, and follow-up they develop a sense of collegiality and a common mission. By opening their doors to their peers, they also contribute to broader school improvement efforts that positively affect teaching and learning throughout the school.

• Sales Rank: #487030 in Books
• Published on: 2013-07-10
• Original language: English
• Number of items: 1
• Dimensions: 8.90" h x .60" w x 6.90" l, .66 pounds
• Binding: Paperback
• 170 pages

From the Inside Flap
Engaging Teachers in Classroom Walkthroughs is a practical guide to planning and implementing brief but focused classroom observations that involves teachers in every step of the process. Drawing from their study of 40 schools in the United States and Canada, the authors show how administrators and teacher leaders moved teachers from resisting to embracing the practice. Readers will learn how to

* Foster a school culture that supports walkthroughs.

* Implement the components of successful walkthroughs, such as focus and "look-fors," data collection methods, and meaningful follow-up strategies.

* Get all teachers involved and actively participating.

* Evaluate the walkthrough process and measure its effectiveness.

* Use walkthroughs to support professional development related to the Common Core State Standards.

This book demonstrates that when teachers learn from one another in a cycle of continuous professional growth through observation, shared inquiry, dialogue, and follow-up they develop a sense of collegiality and a common mission. By opening their doors to their peers, they also contribute to broader school improvement efforts that positively affect teaching and learning throughout the school.

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10 of 14 people found the following review helpful.
Be sure to drink a big glass of Kool-Aid when you read this book.
By idateacher2
This book focuses on selling the idea of teachers participating in and buying into the idea of Walkthroughs. The majority of the book is very redundent and could be summarized very succinctly in just a few pages. Essentially, it list reasons why to do Walkthroughs, and common pitfalls or concerns teachers have in doing them, breaks down the parts of the Walkthrough, and (poorly) addresses the issue of teachers not buying into this process. One chapter outlines how to implement Walkthroughs to maximize teacher buy-in, but it is a tired method. Identify teacher leaders in the building and make them sell the idea to the staff and convince them that it is not part of the evaluation process (wink, wink). A few other predictable strategies such as having teachers "volunteer" to participate are included. Additionally, a chapter covers the importance of establishng norms for the process, components of the Walthrough process, and later suggests ways to use the data that is collected. The one certainity from the text is that it clearly states that trust in a building is critical for the process and I couldn't agree more with that statement. On a positive note, at the end of the chapters there is a list of recommendations that quickly summarizes the chapters. If you don't have the desire to read the entire text it is feasible to simply review these pages and pull the major content out quickly. Be sure to mix up your favorite flavor of Kool-aid to enjoy while reading this one, because it certianly glosses over how a staff is forced into this process and spews out that it is all sunshine and rainbows.

1 of 1 people found the following review helpful.
Practical, based in the work of actual schools, information presented and action steps are up to you!
By Cheryl A in California
I highly recommend this as a practical resource to support a school in making thoughtful decisions about the purpose and processes for walkthroughs. Throughout the book, the main tenets and recommendations are based in research that is cited throughout and recognizable if you keep current with research on effective instruction, school improvement strategies and developing teaching and leadership capacity. The concept of "walkthroughs" has so many different meanings to people, largely based on their professional experience. Having been a teacher in a high school with a healthy teacher-led and administratively supported walkthrough process as well as being an administrator in both a school with a teacher-led process and another with high conflict around the idea of sharing practice and visiting classrooms, I see the time spent on the agreements and processes as a crucial part of this book. In all three of those environments that I described, the teacher leaders and administrators were all involved in "walkthroughs", but the particular questions that needed to be addressed in terms of process and trust were different. This book offers suggestions and considerations - you will need to engage and make decisions according to your context. I appreciate the matrices of different learning walk/walkthrough etc. tools and processes, the equal validation of processes and tools developed at the site as well as external protocols, and the fact that this book is based on actual school experiences which are described in short snippets throughout the book in order to illustrate that you can indeed put these in practice. Very practical. I will be sharing with several site leadership teams in the coming month.

0 of 0 people found the following review helpful.
Five Stars
By Lex
The book was very informational.

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>> Ebook Creating Literacy-Rich Schools for Adolescents, by Gay Ivey, Douglas Fisher

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In Creating Literacy-Rich Schools for Adolescents, authors Gay Ivey and Douglas Fisher make a compelling case that all teachers―across the content areas―have a role to play in students’ development of literacy, which they define as reading, writing, speaking, listening, and viewing. Rather than focusing solely on reading instruction and the cliché that says “all teachers are teachers of reading,” they urge teachers to incorporate rich literacy-based learning experiences into their classrooms, with the goal of helping students to learn and think across the curriculum. With research-based findings, engaging examples, and extensive lists of resources, Ivey and Fisher encourage readers to *Reexamine the materials, experiences, and expectations of the English/language arts classroom; *Use strategies to improve literacy in all the content areas and seek alternatives to the traditional textbook; *Make independent reading an important part of students’ ongoing literacy development; *Design and use interventions that really work for struggling students; and *Consider the schoolwide elements―professional development, peer coaching, leadership, and assessment―that should be in place to support teachers and students. Essential questions provide the focus for each chapter, and Quality Indicators for Secondary Literacy help readers gauge where they are on the continuum of providing a meaningful literacy experience for students. Creating Literacy-Rich Schools for Adolescents will inspire educators to take up this challenge in their own school with new confidence that the work is worthwhile and achievable.

• Sales Rank: #949628 in Books
• Brand: Brand: Assn for Supervision n Curriculum
• Published on: 2007-03-01
• Original language: English
• Number of items: 1
• Dimensions: 9.25" h x .37" w x 7.52" l, .63 pounds
• Binding: Paperback
• 174 pages

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• Used Book in Good Condition

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0 of 0 people found the following review helpful.
Great info!
By S. Duffy
Any teacher desiring to help their students learn more and better would benefit from this book. Literacy isn't just about reading!

0 of 0 people found the following review helpful.
Great!
By K.C.
This is an excellent resource! I strongly recommend this book for any and all new or in service teachers developing curriculum

0 of 0 people found the following review helpful.
great information
By RavenHoney
very helpful...lots of ideas to help motivate young people to get involved in reading for their studies and just for pleasure.

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** Ebook Download Last Man Standing: The Ascent of Jamie Dimon and JPMorgan Chase, by Duff McDonald

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In the midst of the most disastrous economic climate of Wall Street’s history, one executive has weathered the storm more deftly than any other: Jamie Dimon, chairman and CEO of JPMorgan Chase. In 2008, while Dimon’s competitors watched their companies crumble, JPMorgan not only survived, it made an astonishing $5 billion profit. Dimon’s continued triumph in the face of an industry-wide meltdown has made him a paragon of finance.

In Last Man Standing, award-winning journalist Duff McDonald provides an unprecedented and deeply personal look at the extraordinary figure behind JPMorgan’s success. Using countless hours of interviews with Dimon and his full circle of friends, family, and colleagues, this definitive biography is by far the most comprehensive portrait of the man known as the Savior of Wall Street.

Now, in an updated prologue, McDonald offers insight into the future of Wall Street and how Dimon will overcome the challenge of aggressive new regulation from Washington—and how he plans to continue to thrive as the world’s preeminent banker.

• Sales Rank: #191303 in Books
• Published on: 2010-10-19
• Released on: 2010-10-19
• Original language: English
• Number of items: 1
• Dimensions: 8.44" h x 1.10" w x 5.50" l, .73 pounds
• Binding: Paperback
• 352 pages

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• ISBN13: 9781416599548
• Condition: USED - Very Good
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Review
“An intimate . . . three-dimensional portrait of the executive, with lots of reporting from his friends and family.”
—Mara Der Hovanesian, BusinessWeek

About the Author
A contributing editor at The New York Observer, Duff McDonald has also written for Vanity Fair, The New Yorker, New York magazine, Fortune, and Esquire, among other publications.

Excerpt. © Reprinted by permission. All rights reserved.
PROLOGUE

On the morning of September 18, 2008, the phone rang in Jamie Dimon’s office. It was Hank Paulson, the secretary of the treasury. For the second time in six months, Paulson had a pressing question for the chairman and CEO of JPMorgan Chase. Would Dimon be interested in acquiring the floundering investment bank Morgan Stanley—at no cost whatsoever?

During one of the most tumultuous months in the history of the stock market—stocks fell 27 percent between August 29 and October 10, 2008—the storied investment bank Lehman Brothers had already failed, the brokerage giant Merrill Lynch had been sold to Bank of America, and the insurance heavyweight AIG had received an emergency loan of $85 billion from the federal government. One of the only remaining questions was whether it would be Morgan Stanley or Goldman Sachs that fell next. The government was desperately seeking to stave off what could have been a wipeout of Wall Street. And here was Paulson, offering Dimon Morgan Stanley for the bargain basement price of $0 per share.

At the government’s urging, Dimon had agreed to take over Bear Stearns for $2 a share in March 2008, in a whirlwind 48-hour deal. (The price was ultimately raised to $10.) The transaction had catapulted JPMorgan Chase to the forefront of the financial industry and established Dimon as the government’s banker of last resort. “Some are coming to Washington for help,” Sheila Bair, chairman of the Federal Deposit Insurance Corporation, later said. “Others are coming to Washington to help.”

Considered in a historical light, a takeover of Morgan Stanley would have been much more profound than that of Bear Stearns. Dimon was already being compared to John Pierpont Morgan, the legendary banker who was his company’s founder, and this deal would have meant a reassembling of the empire that had been forcibly dismantled during the Great Depression, when banks were barred from the securities trade. Dimon, in other words, would have been sitting atop the very same empire his firm’s namesake had lorded over nearly a century before.

But it was not to be. Dimon reportedly said he’d discuss it with his board, but his initial view was that his bank shouldn’t do it—it would involve a bloodbath for employees on both sides, a doubling of risk, and years of distraction for the company. What’s more, the ultimate cost of a deal would have been quite substantial, whether in terms of layoffs, writedowns, or a de-risking of Morgan Stanley’s balance sheet. (Dimon has always said it doesn’t make sense for two major investment banks to merge.) Moreover, his team was already busy preparing a bid to take over the deposits and loans of the Seattle-based bank Washington Mutual, also on the verge of failure.

The amazing thing: Paulson really didn’t have anyone else to turn to. Dimon was quite literally the only chief of a major bank to have properly prepared for the hundred-year storm that had hit Wall Street with such vengeance. Everyone had known that the capital base of the financial sector had been in desperate need of shoring up, but Jamie Dimon was alone among his peers in having actually done something instead of just talking about it. As a result, of all the actions taken by the government in the fifteen months since the crisis had started, the only thing that had really worked was giving it to Jamie. Which is exactly why a desperate Paulson was trying to do it again. But he proved unable to persuade Dimon to pull off a third major deal in 2008. Morgan Stanley eventually pulled through. But even without this deal, Dimon’s reputation continued to ascend to new heights. In the midst of the most serious and far-reaching financial crisis since the 1930s—much of it caused by plain old avarice and bad judgment—Dimon and JPMorgan Chase stood apart. Much of the melodramatic coverage of Wall Street postcrisis has focused on its flaws—the hubris and the greed. Jamie Dimon’s story contains the opposites—the values of clarity, consistency, integrity, and courage. By sticking to them, Dimon has unquestionably become the dominant banking executive of his era. “Banking is a very good business if you don’t do anything dumb,” says Warren Buffett. “Morris Shapiro said long ago that there are more banks than bankers, and that’s fundamentally the problem. But Jamie is a banker from head to toe.”

© 2009 Duff McDonald

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27 of 29 people found the following review helpful.
Fascinating - and flattering - profile of financial power
By Rolf Dobelli
Duff McDonald's book covers a fascinating historical moment - the 2008-2009 Wall Street debacle - by profiling a pivotal character in the thick of it, Jamie Dimon, CEO of JPMorgan Chase. Having spent extensive time with Dimon, McDonald combines his reporting with published sources, Dimon's own writings and statements, and interviews with his associates, employees or relatives. McDonald covers Dimon's youth, business school education and evolving career. Dimon was a nonconformist in business school and politics, an astute lieutenant of his mentor Sandy Weill, and a pivotal figure in the financial crisis. Notably, he preserved JPMorgan Chase, bought Bear Stearns and helped lead the market back to stability. Readers interested in a critical take on Dimon may find the book too flattering, but if you want to see how the financial wars looked from the CEO's chair, getAbstract recommends this intriguing perspective.

47 of 57 people found the following review helpful.
Verbose and Vauge, but Still Useful
By Loyd Eskildson
Wouldn't it be wonderful to read a book about Jamie Dimon, CEO of J.P. Morgan Chase, and obtain an increased understanding of banking, the 2008 crash, and how Dimon has successfully managed banks? Unfortunately, it won't happen easily via "Last Man Standing." The book fails to take a management emphasis, rarely defines terms and concepts, and is basically a chronology of Dimon's life. Nonetheless, some good can be derived from its reading.

Dimon, without question, is highly talented. However, his career received two initial major boosts. The first was working for several Harvard Business School professors in finance prior to beginning his Harvard Business School (HBS) experience. This provided him with early high-level exposure to the area and undoubtedly enriched his education experience as well. The second was joining forces with Sandy Weill in 1982 upon graduating from Harvard (Baker Scholar - top 5%), and having the opportunity to participate in top-level analyses and decision-making with many a 'mover and shaker.' (Dimon's alternative was more remunerative, but much lower level positions in investment banking.)

Weill had recently been pushed out of American Express, so Dimon was taking a bit of a gamble joining up with Weill. Fortunately, it wasn't too long before Control Data asked for help with its newly acquired Commercial Credit unit - lender to those with relatively low household incomes. Weill was appointed CEO in 1986, a leveraged buy-out soon followed, assuring a rich options opportunity for both himself and Dimon. Other steps included a 10% staff cut, selling off the car leasing and accounts-receivable insurance businesses (too much risk), and cutting executive perks (magazine subscriptions, country club memberships, flowers). Return on equity jumped from 4% to 18%. McDonald also lets readers know that Dimon was seen as abrasive and arrogant, as well as an incredible fact-digger and student of corporate financials. (If your child's report card says "Doesn't work well with others," don't worry.)

The business model Weill and Dimon adopted was that of running the business conservatively, building fortress balance sheets (high-quality capital - common and preferred stock, conservative accounting and loss reserves) to make acquisitions during downturns when assets were cheap. Aim to make the firm either more distinctive (eg. provide customers with a more comprehensive accounting statement), or the low-cost producer - aka Porter's HBS strategic advice. They went on to buy Primerica (Gerry Tsai's over-leveraged American Can, plus acquisitions), then Drexel Burnham, Barclay's American/Financial, and ultimately Traveler's Insurance. (The latter was caught between real estate defaults in its investments and annuity investors wanting their returns.)

Weill eventually became jealous over the publicity and attention afforded Dimon (New Yorkers had seen this movie before when Mayor Giuliani pushed the highly successful Police Chief Bratton out for the same reason), was outraged that Dimon denied Weill's daughter a promotion (McDonald says Dimon was correct in doing so; regardless, probably not a good career move by Dimon), and shortly after Weill acquired Citibank, Dimon is pushed out in 2000. (How Weill got the laws changed and the Federal Reserve to go along is a whole other, 'dark,' topic.)

After about a year, Banc One, 4th-largest bank in the U.S. was having problems with its most recent merger involving a Chicago-based bank. Banc One had been built up by buying competitors with the promise they'd be allowed to keep on doing what they had been doing. The result was more willing sellers, and a failure to take advantage of scale or synergies. Another problem was top-level political infighting between the two banks over who would remain. A third problem was First USA - a credit card unit bought for $8 billion in 1997 that was losing 16% of customers/year due to rate hikes and poor service.

Dimon resolved the infighting problem within a year - all but one of the thirteen executive committee members were replaced (seven came from Citibank), he reduced the combined board from 22 to 13 and put his own allies on it. New hires from Citibank were given a one-year contract at 2/3 their prior salary, for a smaller job at a worse-off company. (Weill complained, Dimon told him to look at his own operation to see why they were leaving.)

Another early focus was on standardizing computer systems (seven deposit systems, five loan systems- these were combined), improved financial controls (Dimon believed the bank had taken on excessive risk, and also wrote-off $15 billion in bad assets from 2000-2003), and revised reporting structures. Neither grand strategy nor acquisitions were on the agenda - Dimon wanted to first get a solidly executing base. Cash was conserved by cutting the dividend in half, freeing up $1 billion/year, despite objections from some shareholders. Twelve thousand were laid off, and accountability improved by establishing P&L reports for each branch. Management motivation was intensified by switching from the historic 5-12% raises for all, to 100% for the top 10%, 50% for the next 10%, 30% for the following 50%, and nothing for the lagging 30%. Hours were extended to match competitors. Consultants, especially those working on implementation, were cut to a minimum (anything over $100,000 required Dimon's approval - he believed managers should do their own work), executive coaches and perks were eliminated, and options were restructured to expire in six years rather than ten.

Another major initiative was Dimon's canceling the bank's large IT outsourcing deal - he saw this area as a core competency. Finally, some lines of business were exited - eg. auto leasing (Dimon disliked involvement with rapidly depreciating investments, especially mobile homes).

Meanwhile, back in New York City, the head of J.P. Morgan Chase was concerned about succession, and decided to solve that problem (and a few others) by acquiring Banc One and Jamie Dimon. A 14% stock premium was paid, Dimon pocketed $44 million on the shares he bought when moving to Banc One, and a new #2 bank ($1.1 trillion in assets, vs. Citigroup's $1.3 trillion) came into being.

Dimon then basically repeats the actions he had learned and taken previously. Perks went out - including the 15 corporate gyms, golden parachutes, deferred compensation, first-class air travel, chiefs of staff at any level, and 401(k) matching. Executive health insurance premiums were increased. Twelve thousand lost their jobs, and 80% of unallocated corporate expenses were pushed down to lower levels of responsibility. The bank's $5 billion IT outsourcing contract with IBM was canceled, and staff were given six weeks to decide on what the new single computer system would consist of. (Dimon promised to do it for them if the decisions weren't made by then.) The bank exited the business of providing loans for mobile homes, reduced exposure to sub-prime loans, SIVs, and derivatives because the risk premiums were not great enough. Dimon reasserted that borrowing short-term to finance long-term assets is a fundamental commandment that cannot be violated. And Dimon also found time to review the compensation of each of the top 500 managers, along with a committee.

The year 2007 ended with J.P. Morgan Chase leveraged at 12.7X, vs. 19.2 at Citigroup, and 33.5 for Bear, Stearns. 2008, however, would not be a good year for Bear, Stearns. It began the year paying 2.3% for credit insurance (2X that of Morgan, and 4X Deutsche Bank). This rose to 6.26% by March 10. Bear eventually asked for help - telling Morgan it needed between $4 - 20 billion. (This spread made it obvious to Morgan personnel that Bear leaders didn't know what they were talking about.) Eventually, J.P. Morgan Chase acquired Bear for $10/share (the price would have been $2 except for a major error by the outside attorney's used by Chase), and 10,000 of Bear's 14,000 employees left or were laid off. Market share was not emphasized by Dimon; building reserves and reducing risk (eg. returning to 80% loan-to-value standards, exiting business originated by loan brokers - formerly 30% of their home loans originated this way, and continuing to stay away from ARMs) was. (Unfortunately, this section of "Last Man Standing" was especially verbose and vague. The good news is that Dimon's "Letter to Stockholders" helps, and is included herein.)

The year 2008 brought the largest S&L failure in history - Washington Mutual. J.P. Morgan acquired its banking subsidiaries (including 2,200 branches) for $1.9 billion from the FDIC. (The FDIC and J.P. Morgan were subsequently sued for $13 billion by those believing the sale was a 'fire-sale' price. Chase is now the largest credit-card issuer in the nation, but only earns 5% on equity - hardly rapacious as many would claim. (Was 21% in 2007.) It now is raising credit-card lending standards and increasing loan reserves - anticipating greater losses due to unemployment, and no profits at all in the coming year. In each of its businesses, Chase ranks in the top three of that industry (aka Welch's mandate to G.E. - insure scale economies and focus on growth); however, Dimon insists market share is not the goal. Thirteen million square feet of excess real estate has been shed 2003 - 2007.

TARP money was accepted - not because Chase needed it, but to preserve unanimity and avoid other banks trying to avoid accepting it because it would signal weakness to the financial markets. Chase has reduced it dividend. Dimon also points out that 'this is not your grandfather's economy' - traditional banks now provide only 20% of lending in the economy; right after WWII it was 60%. Substitutes include money-market and bond funds, etc.

Bottom Line: "Last Man Standing" has too much fluff and unexplained material. However, careful reading, combined with reference to Dimon's 'Management Letters' make this a valuable endeavor.

29 of 37 people found the following review helpful.
Only the first of many chapters yet to be written about Jamie
By Thomas II
There will be obvious bias in this review. I have been with the bank for over 12 years. Having met Jamie on a couple of occasions, his attention to detail blows my mind. Years ago, I was invited to participate in a focus group soon after Jamie took over as CEO of B1. We were at a conference room on the executive floor throwing around some ideas, "best practices". A day before, we had some system issues. During our meeting, Jamie walked in and briefly listened in on our meeting. He asked the group about the system issue and whether or not it was causing any customer service quality issues. He cared. I was fortunate to meet him on a couple of more occasions. Each time, I walked away more inspired. He has that effect on people. His drive and determination is infectious. You just want to sit there, listen to him; then, go back and try even harder. As a top executive, he never seems to look down or turn his back on the junior soldiers in the company. He cares. He listens. He motivates and inspires.

It's a good feeling working for a company where what I do everyday for our clients (despite being just 1 out of over 200,000) actually matters. No one here is insignificant. And every detail, every employee, matters. And that's a healthy culture for any business to have. I am proud to be part of this great company; proud of our leader and our management team's diligent handling of our bank's financial affairs; proud to have been able to help our clients during a very difficult period for our country.

Duff's account of Jamie's career is a must read for any aspiring manager/leader. From his detailed account of Jamie's early career to the more recent events, this book is an easy, addictive read. It's hard to put it down. Great job researching the stories, issues and conducting interviews. In the aftermath of this complex system meltdown, it is refreshing to read a book in which complex financial issues can be easily understood by anyone. Strongly recommended.

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