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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
The Power Structure of American Business

The Power Structure of American Business

Paperback

Accounting

ISBN10: 0226531090
ISBN13: 9780226531090
Publisher: Univ Of Chicago Pr
Published: Jun 30 1987
Pages: 348
Weight: 0.90
Height: 0.74 Width: 5.91 Depth: 9.00
Language: English
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.

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