Bankrupting A Great City

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Strong Towns

Author : Charles L. Marohn, Jr.
Publisher : John Wiley & Sons
ISBN 13 : 1119564816
Total Pages : 262 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Strong Towns by : Charles L. Marohn, Jr.

Download or read book Strong Towns written by Charles L. Marohn, Jr. and published by John Wiley & Sons. This book was released on 2019-10-01 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.

Broke

Author : Jodie Adams Kirshner
Publisher : Macmillan + ORM
ISBN 13 : 1250237122
Total Pages : 357 pages
Book Rating : 4.2/5 (52 download)

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Book Synopsis Broke by : Jodie Adams Kirshner

Download or read book Broke written by Jodie Adams Kirshner and published by Macmillan + ORM. This book was released on 2019-11-19 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Essential...in showcasing people who are persistent, clever, flawed, loving, struggling and full of contradictions, Broke affirms why it’s worth solving the hardest problems in our most challenging cities in the first place. " —Anna Clark, The New York Times "Through in-depth reporting of structural inequality as it affects real people in Detroit, Jodie Adams Kirshner's Broke examines one side of the economic divide in America" —Salon "What Broke really tells us is how systems of government, law and finance can crush even the hardiest of boot-strap pullers." —Brian Alexander, author of Glass House A galvanizing, narrative account of a city’s bankruptcy and its aftermath told through the lives of seven valiantly struggling Detroiters Bankruptcy and the austerity it represents have become a common "solution" for struggling American cities. What do the spending cuts and limited resources do to the lives of city residents? In Broke, Jodie Adams Kirshner follows seven Detroiters as they navigate life during and after their city's bankruptcy. Reggie loses his savings trying to make a habitable home for his family. Cindy fights drug use, prostitution, and dumping on her block. Lola commutes two hours a day to her suburban job. For them, financial issues are mired within the larger ramifications of poor urban policies, restorative negligence on the state and federal level and—even before the decision to declare Detroit bankrupt in 2013—the root causes of a city’s fiscal demise. Like Matthew Desmond’s Evicted, Broke looks at what municipal distress means, not just on paper but in practical—and personal—terms. More than 40 percent of Detroit’s 700,000 residents fall below the poverty line. Post-bankruptcy, they struggle with a broken real estate market, school system, and job market—and their lives have not improved. Detroit is emblematic. Kirshner makes a powerful argument that cities—the economic engine of America—are never quite given the aid that they need by either the state or federal government for their residents to survive, not to mention flourish. Success for all America’s citizens depends on equity of opportunity.

Fear City

Author : Kim Phillips-Fein
Publisher : Macmillan + ORM
ISBN 13 : 0805095268
Total Pages : 302 pages
Book Rating : 4.8/5 (5 download)

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Book Synopsis Fear City by : Kim Phillips-Fein

Download or read book Fear City written by Kim Phillips-Fein and published by Macmillan + ORM. This book was released on 2017-04-18 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: PULITZER PRIZE FINALIST An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. In this vivid account, historian Kim Phillips-Fein tells the remarkable story of the crisis that engulfed the city. With unions and ordinary citizens refusing to accept retrenchment, the budget crunch became a struggle over the soul of New York, pitting fundamentally opposing visions of the city against each other. Drawing on never-before-used archival sources and interviews with key players in the crisis, Fear City shows how the brush with bankruptcy permanently transformed New York—and reshaped ideas about government across America. At once a sweeping history of some of the most tumultuous times in New York's past, a gripping narrative of last-minute machinations and backroom deals, and an origin story of the politics of austerity, Fear City is essential reading for anyone seeking to understand the resurgent fiscal conservatism of today.

Bankrupt and Dead

Author : Norment
Publisher :
ISBN 13 : 9780996933803
Total Pages : pages
Book Rating : 4.9/5 (338 download)

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Book Synopsis Bankrupt and Dead by : Norment

Download or read book Bankrupt and Dead written by Norment and published by . This book was released on 2015-11-02 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Bankrupt

Author : Terence Halliday
Publisher : Stanford University Press
ISBN 13 : 0804760756
Total Pages : 537 pages
Book Rating : 4.8/5 (47 download)

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Book Synopsis Bankrupt by : Terence Halliday

Download or read book Bankrupt written by Terence Halliday and published by Stanford University Press. This book was released on 2009-04-20 with total page 537 pages. Available in PDF, EPUB and Kindle. Book excerpt: Through the lens of the Asian Financial Crisis, this book documents how international organizations and national governments crafted legal responses, through corporate bankruptcy reforms, to the fragility of financial markets in East Asia and worldwide.

Detroit Resurrected: To Bankruptcy and Back

Author : Nathan Bomey
Publisher : W. W. Norton & Company
ISBN 13 : 0393248925
Total Pages : 347 pages
Book Rating : 4.3/5 (932 download)

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Book Synopsis Detroit Resurrected: To Bankruptcy and Back by : Nathan Bomey

Download or read book Detroit Resurrected: To Bankruptcy and Back written by Nathan Bomey and published by W. W. Norton & Company. This book was released on 2016-04-25 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt: What happens when an iconic American city goes broke? At exactly 4:06 p.m. on July 18, 2013, the city of Detroit filed for bankruptcy. It was the largest municipal bankruptcy in American history—the Motor City had finally hit rock bottom. But what led to that fateful day, and how did the city survive the perilous months that followed? In Detroit Resurrected, Nathan Bomey delivers the inside story of the fight to save Detroit against impossible odds. Bomey, who covered the bankruptcy for the Detroit Free Press, provides a gripping account of the tremendous clash between lawyers, judges, bankers, union leaders, politicians, philanthropists, and the people of Detroit themselves. The battle to rescue this iconic city pulled together those who believed in its future—despite their differences. Help came in the form of Republican governor Rick Snyder, a technocrat who famously called himself “one tough nerd”; emergency manager Kevyn Orr, a sharp-shooting lawyer and “yellow-dog Democrat”; and judges Steven Rhodes and Gerald Rosen, the key architects of the grand bargain that would give the city a second chance at life. Detroit had a long way to go. Facing a legacy of broken promises, the city had to seek unprecedented sacrifices from retirees and union leaders, who fought for their pensions and benefits. It had to confront the consequences of years of municipal corruption while warding off Wall Street bond insurers who demanded their money back. And it had to consider liquidating the Detroit Institute of Arts, whose world-class collection became an object of desire for the city’s numerous creditors. In a tight, suspenseful narrative, Detroit Resurrected reveals the tricky path to rescuing the city from $18 billion in debt and giving new hope to its citizens. Based on hundreds of exclusive interviews, insider sources, and thousands of records, Detroit Resurrected gives a sweeping account of financial ruin, backroom intrigue, and political rebirth in the struggle to reinvent one of America’s iconic cities.

The Debt Bomb

Author : Tom A. Coburn
Publisher : HarperChristian + ORM
ISBN 13 : 1595554688
Total Pages : 368 pages
Book Rating : 4.5/5 (955 download)

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Book Synopsis The Debt Bomb by : Tom A. Coburn

Download or read book The Debt Bomb written by Tom A. Coburn and published by HarperChristian + ORM. This book was released on 2013-04-01 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a nation whose debt has outgrown the size of its entire economy, the greatest threat comes not from any foreign force but from Washington politicians who refuse to relinquish the intoxicating power to borrow and spend. Senator Tom Coburn reveals the fascinating, maddening story of how we got to this point of fiscal crisis—and how we can escape. Long before America’s recent economic downturn, beltway politicians knew the U.S. was going bankrupt. Yet even after several so-called “change” elections, the government has continued its wasteful ways in the face of imminent danger. With passion and clarity, Coburn explains why Washington resists change so fiercely and offers controversial yet commonsense solutions to secure the nation’s future. At a time when millions of Americans are speculating about what is broken in Washington, The Debt Bomb is a candid, thoughtful, non-partisan exposé of the real problems inside our government. Coburn challenges the conventional wisdom that blames lobbyists, gridlock, and obstructionism, and places the responsibility squarely where it belongs: on members of Congress in both parties who won’t let go of the perks of power to serve the true interests of the nation—unless enough citizens take bold steps to demand action. “Democracy never lasts long. It soon wastes, exhausts, and murders itself. There was never a democracy yet that did not commit suicide.” —John Adams Throughout a distinguished career as a business owner, physician, and U.S. senator, Tom Coburn has watched his beloved republic careen down a suicidal path. Today, the nation stands on the precipice of financial ruin, a disaster far more dangerous to our safety than any terrorist threats we face. Yet Coburn believes there is still hope—if enough Americans are willing to shake the corridors of Washington and demand action. With an insider’s keen eye and a caregiver’s deft touch, Coburn diagnoses the mess that career politicians have made of things while misusing their sacred charge to govern. Coburn’s incisive analysis: Reveals the root causes of America’s escalating financial crisis Exposes Washington’s destructive appetite for wasteful spending, power grabs, backroom deals, and quick non-fixes Rises above partisanship to implicate elected officials of all stripes in steering the nation off course Lays out a commonsense guide to restoring order Concludes with a clarion call and sound advice for Americans who would dedicate themselves to defusing the debt bomb Above all, Coburn believes the United States can continue as a beacon of opportunity for future generations—but how we act today will determine whether we deliver the nation to our children and grandchildren fully alive, on life support, or without a pulse.

The Fall of a Great American City

Author : Kevin Baker
Publisher : City Point Press
ISBN 13 : 1947951149
Total Pages : 177 pages
Book Rating : 4.9/5 (479 download)

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Book Synopsis The Fall of a Great American City by : Kevin Baker

Download or read book The Fall of a Great American City written by Kevin Baker and published by City Point Press. This book was released on 2019-10-08 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fall of a Great American City is the story of what is happening today in New York City and in many other cities across America. It is about how the crisis of affluence is now driving out everything we love most about cities: small shops, decent restaurants, public space, street life, affordable apartments, responsive government, beauty, idiosyncrasy, each other. This is the story of how we came to lose so much—how the places we love most were turned over to land bankers, billionaires, the worst people in the world, and criminal landlords—and how we can - and must - begin to take them back. Co-published with Harper's Magazine, where an earlier version of this essay was originally published in 2018. The landlords are killing the town. As New York City approaches the third decade of the twenty-first century, it is in imminent danger of becoming something it has never been before: unremarkable. By unremarkable I don’t just mean periodic, slump-in-the-art-world, all-the-bands-suck, cinema-is-dead boring. I mean flatlining. No longer a significant cultural entity but a blank white screen of mere existence. I mean The-World’s-Largest-Gated-Community-with-a-few-cupcake-shops. For the first-time in our history, creative-young-people-will-no-longer want-to-come-here boring. Even, New-York-is-over boring. Or worse, New York is like everywhere else. Unremarkable. This is not some new phenomenon, but a cancer that’s been metastasizing on the city for decades now. Even worse, it’s not something that anyone wants, except the landlords, and not even all of them. What’s happening to New York now—what’s already happened to most of Manhattan, its core, and what is happening in every American city of means, Boston, Washington, San Francisco, Seattle, you name it—is something that almost nobody wants, but everybody gets. As such, the current urban crisis exemplifies our wider crisis: an America where we believe that we no longer have any ability to control the systems we live under.

Republic of Debtors

Author : Bruce H Mann
Publisher : Harvard University Press
ISBN 13 : 0674040546
Total Pages : 353 pages
Book Rating : 4.6/5 (74 download)

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Book Synopsis Republic of Debtors by : Bruce H Mann

Download or read book Republic of Debtors written by Bruce H Mann and published by Harvard University Press. This book was released on 2009-06-30 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: Debt was an inescapable fact of life in early America. At the beginning of the eighteenth century, its sinfulness was preached by ministers and the right to imprison debtors was unquestioned. By 1800, imprisonment for debt was under attack and insolvency was no longer seen as a moral failure, merely an economic setback. In Republic of Debtors, authorBruce H. Mann illuminates this crucial transformation in early American society.

Bankrupting the Third World

Author : Lance Morcan
Publisher :
ISBN 13 :
Total Pages : 110 pages
Book Rating : 4.6/5 (569 download)

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Book Synopsis Bankrupting the Third World by : Lance Morcan

Download or read book Bankrupting the Third World written by Lance Morcan and published by . This book was released on 2020-06-25 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dedicated to the impoverished in forgotten places of the world, this book questions whether the likes of the World Bank, the International Monetary Fund, the United States Agency for International Development and other big international aid organizations help or hinder the world's poorest people. It also questions whether the aid packages provided are genuine or whether they are scams designed to subjugate Third World countries.BANKRUPTING THE THIRD WORLD: How the Global Elite Drown Poor Nations in a Sea of Debt, by novelists, filmmakers and independent researchers James Morcan & Lance Morcan, exposes the culture of corruption within the aforementioned aid organizations and the arrogance with which they treat their Third World 'clients.'The Morcans reveal there's a nefarious hidden agenda at play whereby the 'generosity' extended by international aid organisations in assisting the development of the Third World and providing relief in the event of natural disasters comes with serious strings attached. Strings designed to fleece vulnerable nations.The reader is reminded the economic hit men popularized in John Perkins' 2004 bestseller 'Confessions of an Economic Hit Man' are still alive and well - in Africa in particular.BANKRUPTING THE THIRD WORLD puts two poverty-stricken nations under the magnifying glass to reveal the long-term impact of being the recipient of substantial financial aid from the West. The resulting debt accrued by these nations may surprise even the most skeptical reader.In writing this book, the authors were motivated by one sickening statistic: 21,000 people die from starvation every day. That's one person every four seconds!More sickening is the fact such deaths are unnecessary given there is more than enough wealth in the world for everyone to at least receive the basic necessities of life, and more than enough in the Third World for it to organically sustain itself.By the time you get to the end of this book you'll see there's as much wealth to be found in the Third World as there is in the First World. In fact, terms like 'Third World' and 'impoverished nations' are essentially misnomers as they imply wealth and resources are limited in these forgotten places. The authors aim to dispel that myth once and for all.It's hoped BANKRUPTING THE THIRD WORLD will contribute in some small way to the masses pressuring world leaders to eradicate the extreme poverty that sees millions of our fellow Human Beings - men, women and children - dying unnecessarily every year.

Debt's Dominion

Author : David A. Skeel Jr.
Publisher : Princeton University Press
ISBN 13 : 1400828503
Total Pages : 296 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Debt's Dominion by : David A. Skeel Jr.

Download or read book Debt's Dominion written by David A. Skeel Jr. and published by Princeton University Press. This book was released on 2014-04-24 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bankruptcy in America, in stark contrast to its status in most other countries, typically signifies not a debtor's last gasp but an opportunity to catch one's breath and recoup. Why has the nation's legal system evolved to allow both corporate and individual debtors greater control over their fate than imaginable elsewhere? Masterfully probing the political dynamics behind this question, David Skeel here provides the first complete account of the remarkable journey American bankruptcy law has taken from its beginnings in 1800, when Congress lifted the country's first bankruptcy code right out of English law, to the present day. Skeel shows that the confluence of three forces that emerged over many years--an organized creditor lobby, pro-debtor ideological currents, and an increasingly powerful bankruptcy bar--explains the distinctive contours of American bankruptcy law. Their interplay, he argues in clear, inviting prose, has seen efforts to legislate bankruptcy become a compelling battle royale between bankers and lawyers--one in which the bankers recently seem to have gained the upper hand. Skeel demonstrates, for example, that a fiercely divided bankruptcy commission and the 1994 Republican takeover of Congress have yielded the recent, ideologically charged battles over consumer bankruptcy. The uniqueness of American bankruptcy has often been noted, but it has never been explained. As different as twenty-first century America is from the horse-and-buggy era origins of our bankruptcy laws, Skeel shows that the same political factors continue to shape our unique response to financial distress.

The great City Frauds of Cole, Davidson, & Gordon, fully exposed. Third edition

Author : Seton LAING
Publisher :
ISBN 13 :
Total Pages : 294 pages
Book Rating : 4.0/5 (18 download)

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Book Synopsis The great City Frauds of Cole, Davidson, & Gordon, fully exposed. Third edition by : Seton LAING

Download or read book The great City Frauds of Cole, Davidson, & Gordon, fully exposed. Third edition written by Seton LAING and published by . This book was released on 1856 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Great City Frauds of Cole, Davidson, & Gordon, Fully Exposed

Author : Seton Laing
Publisher :
ISBN 13 :
Total Pages : 258 pages
Book Rating : 4.R/5 (5 download)

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Book Synopsis The Great City Frauds of Cole, Davidson, & Gordon, Fully Exposed by : Seton Laing

Download or read book The Great City Frauds of Cole, Davidson, & Gordon, Fully Exposed written by Seton Laing and published by . This book was released on 1856 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Defendants were indicted for a conspiracy to obtain goods under false pretenses.

Arthur Mervyn; or, Memoirs of the year 1793

Author : Charles Brockden Brown
Publisher :
ISBN 13 :
Total Pages : 214 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Arthur Mervyn; or, Memoirs of the year 1793 by : Charles Brockden Brown

Download or read book Arthur Mervyn; or, Memoirs of the year 1793 written by Charles Brockden Brown and published by . This book was released on 1859 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Personal Memoirs of U.S. Grant ...

Author : Ulysses Simpson Grant
Publisher : New York, C. L. Webster & Company
ISBN 13 :
Total Pages : 606 pages
Book Rating : 4.A/5 ( download)

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Book Synopsis Personal Memoirs of U.S. Grant ... by : Ulysses Simpson Grant

Download or read book Personal Memoirs of U.S. Grant ... written by Ulysses Simpson Grant and published by New York, C. L. Webster & Company. This book was released on 1885 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: Faced with failing health and financial ruin, the Civil War's greatest general and former president wrote his personal memoirs to secure his family's future - and won himself a unique place in American letters. Devoted almost entirely to his life as a soldier, Grant's Memoirs traces the trajectory of his extraordinary career - from West Point cadet to general-in-chief of all Union armies. For their directness and clarity, his writings on war are without rival in American literature, and his autobiography deserves a place among the very best in the genre.

Reckless!

Author : Byron L. Dorgan
Publisher : Macmillan
ISBN 13 : 1250087961
Total Pages : 316 pages
Book Rating : 4.2/5 (5 download)

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Book Synopsis Reckless! by : Byron L. Dorgan

Download or read book Reckless! written by Byron L. Dorgan and published by Macmillan. This book was released on 2015-06-16 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: As one of only eight senators to vote against bank deregulation, Byron Dorgan warned America that a free-market system left unchecked is like a driving a car at ninety miles per hour without brakes. With the recent financial collapse having proven him right, Dorgan exposes this modern-day carnival of greed and calls out the corporate executives who reap millions and even billions as a "reward" for self-interest and mismanagement. More poignantly, he argues that public officials we elect to represent the best interests of the people have sold us out, as government has become a partner to Big Oil, Big Media, and Big Pharma. In his prairie-populist voice peppered with incisive wit, Dorgan argues that we must rescue the economy from the influence of financial conglomerates and power brokers, and to hold our public officials accountable for regulating the economy.

The Caesars Palace Coup

Author : Sujeet Indap
Publisher : Diversion Books
ISBN 13 : 1635766761
Total Pages : 282 pages
Book Rating : 4.6/5 (357 download)

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Book Synopsis The Caesars Palace Coup by : Sujeet Indap

Download or read book The Caesars Palace Coup written by Sujeet Indap and published by Diversion Books. This book was released on 2021-03-16 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: It was the most brutal corporate restructuring in Wall Street history. The 2015 bankruptcy brawl for the storied casino giant, Caesars Entertainment, pitted brilliant and ruthless private equity legends against the world's most relentless hedge fund wizards. In the tradition of Barbarians at the Gate and The Big Short comes the riveting, multi-dimensional poker game between private equity firms and distressed debt hedge funds that played out from the Vegas Strip to Manhattan boardrooms to Chicago courthouses and even, for a moment, the halls of the United States Congress. On one side: Apollo Global Management and TPG Capital. On the other: the likes of Elliott Management, Oaktree Capital, and Appaloosa Management. The Caesars bankruptcy put a twist on the old-fashioned casino heist. Through a $27 billion leveraged buyout and a dizzying string of financial engineering transactions, Apollo and TPG—in the midst of the post-Great Recession slump—had seemingly snatched every prime asset of the company from creditors, with the notable exception of Caesars Palace. But Caesars’ hedge fund lenders and bondholders had scooped up the company’s paper for nickels and dimes. And with their own armies of lawyers and bankers, they were ready to do everything necessary to take back what they believed was theirs—if they could just stop their own infighting. These modern financiers now dominate the scene in Corporate America as their fight-to-the-death mentality continues to shock workers, politicians, and broader society—and even each other. In The Caesars Palace Coup, financial journalists Max Frumes and Sujeet Indap illuminate the brutal tactics of distressed debt mavens—vultures, as they are condemned—in the sale and purchase of even the biggest companies in the world with billions of dollars hanging in the balance.