William D. Cohan is the New York Times bestselling author of The Price of Silence, Money and Power, House of Cards, and The Last Tycoons, which won the 2007 FT/Goldman Sachs Business Book of the Year Award. He is a special correspondent at Vanity Fair and writes a biweekly opinion column in The New York Times. He has also written for theFinancial Times, Bloomberg BusinessWeek, Fortune, The Atlantic, The Nation, and The Washington Post, among other publications. Cohan is a graduate of Duke University, Columbia University School of Journalism, and the Columbia University Graduate School of Business.
This hubris-to-nemesis story... must count as one of the greatest
dramas in business history... William D Cohan captures that drama
exceptionally well... a gripping read.... a tour de force
*Financial Times*
The rise and fall of GE is explained as the product of individual
men and their mercurial decisions, yet its fate has a wider
significance. It ought to be a warning: cost-cutting, outsourcing
and financial speculation produce a warped model of value that is
liable to collapse
*Guardian*
A heavyweight cautionary tale about how the reputation of one-time
corporate titans such as Jack Welch can be floored by over-reach
and ambition
*Financial Times*
General Electric was once the most important, powerful and
influential company on earth - and this is the definitive story of
how it got that way, and what happened next. William Cohan takes us
inside the company's boardrooms and factories with a rollicking and
fascinating tale of corporate brilliance, bitter infighting,
business daring and monied folly that illuminates not just General
Electric, but the world and economy it helped create
*Charles Duhigg*
With the sweep and authority of an accomplished historian, the
digging of a fearsome investigative reporter, and the storytelling
skills of a novelist, Bill Cohan takes us from the 19th Century
birth of GE, to its rise as America's most valued company in the
20th, and to its near death in the 21st. With incredible access to
Jack Welch and the major actors in this drama, he paints a
panoramic view of America and of capitalism, how it has changed and
still must
*Ken Auletta*
Cohan rides this wild tale like a racehorse to the bitter end. It's
all here: the birth of this most American of inventive American
companies and the triumphs, flaws and missteps to come. If at 130
years old, GE has indeed fallen, this masterful work remains
*Mark Seal*
For most of our lives GE was one of the familiar, trusted U.S.
companies, and in the early 2000s still the biggest company on
earth. In one generation this icon of the American corporate
imperium has turned into an icon of American corporate failure.
We're fortunate that the great business chronicler William Cohan
has now applied his extraordinary reporting skills and lucid,
knowing prose to tell this story in breathtaking detail from
beginning to bitter end. Power Failure is fascinating and
definitive
*Kurt Anderson*
This epic tale of arguably the most dominant corporation in
American history has it all: money, power, sex and larger-than-life
characters, from Thomas Edison to "Teflon Jack" Welch and beyond.
Cohan's fine pacing and narrative flair make for a page-turner that
becomes a compelling story of American capitalism itself
*Jonathan Alter*
Power Failure by William Cohan is a tour de force of reporting, a
deeply researched chronicle of the flawed personalities and
dysfunctional company politics that led General Electric, once
hailed as the great American corporate success, to self-destruct.
The story reads like a tragedy
*Liaquat Ahamed*
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