Bryan Burrough is a special correspondent at Vanity Fair and the author of three previous books. A former reporter for the Wall Street Journal, he is a three-time winner of the John Hancock Award for excellence in financial journalism. Burrough lives in Summit, New Jersey, with his wife and their two sons.
“Burrough, with his gifts for both synthesis and lyricism, brings
more to the table . . . His set pieces describing the events at
Spindletop, the gusher that started it all, and the rise and fall
of the wildcatter Glenn McCarthy (the model for Ferber’s Jett Rink)
are impeccably rendered, as are the tales of many other fabled
characters. Burrough has also done estimable new reporting, showing
links between Texas money and national politics that stretch back
far earlier than the days of Lyndon B. Johnson . . .” —Mimi
Swartz, The New York Times
“Full of schadenfreude and speculation—and solid, timely history
too.” —Kirkus Reviews
“Capitalism at its most colorful oozes across the pages of this
engrossing study of independent oil men. . . . This is a portrait
of capitalism as white-knuckle risk taking, yielding fruitful
discoveries for the fathers, but only sterile speculation for the
sons—a story that resonates with today's economic
upheaval.” —Publishers Weekly
“What's not to enjoy about a book full of monstrous egos,
unimaginable sums of money, and the punishment of greed and
shortsightedness?” —The Economist
Capitalism at its most colorful oozes across the pages of this engrossing study of independent oil men. Vanity Fair special correspondent Burrough (coauthor, Barbarians at the Gate) profiles the Big Four oil dynasties of H.L. Hunt, Roy Cullen, Clint Murchison and Sid Richardson, along with their cronies, rivals, families and, in Hunt's case, bigamous second and third families. The saga begins heroically in the early 20th-century oil boom, with wildcatters roaming the Texas countryside drilling one dry hole after another, scrounging money and fending off creditors until gushers of black gold redeem them. Their second acts as garish nouveaux riches with strident right-wing politics are entertaining, if less dramatic. Decline sets in as rising production costs and cheaper Middle Eastern oil erode profits, and a feckless, feuding second generation squanders family fortunes on debauchery and reckless investment-H.L.'s sons' efforts in 1970 to corner the silver market bankrupted them and almost took down Wall Street. This is a portrait of capitalism as white-knuckle risk taking, yielding fruitful discoveries for the fathers, but only sterile speculation for the sons-a story that resonates with today's economic upheaval. (Jan. 27) Copyright 2008 Reed Business Information.
"Burrough, with his gifts for both synthesis and lyricism, brings
more to the table . . . His set pieces describing the events at
Spindletop, the gusher that started it all, and the rise and fall
of the wildcatter Glenn McCarthy (the model for Ferber's Jett Rink)
are impeccably rendered, as are the tales of many other fabled
characters. Burrough has also done estimable new reporting, showing
links between Texas money and national politics that stretch back
far earlier than the days of Lyndon B. Johnson . . ." -Mimi
Swartz, The New York Times
"Full of schadenfreude and speculation-and solid, timely history
too." -Kirkus Reviews
"Capitalism at its most colorful oozes across the pages of this
engrossing study of independent oil men. . . . This is a portrait
of capitalism as white-knuckle risk taking, yielding fruitful
discoveries for the fathers, but only sterile speculation for the
sons-a story that resonates with today's economic upheaval."
-Publishers Weekly
"What's not to enjoy about a book full of monstrous egos,
unimaginable sums of money, and the punishment of greed and
shortsightedness?" -The Economist
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