Other Sellers on Amazon
+ $4.99 shipping
93% positive over last 12 months
& FREE Shipping
100% positive over last 12 months
+ $5.52 shipping
100% positive over last 12 months
Follow the Author
OK
Confidence Men: Wall Street, Washington, and the Education of a President Hardcover – September 20, 2011
|
Ron Suskind
(Author)
Find all the books, read about the author, and more.
See search results for this author
|
|
Price
|
New from | Used from |
|
Audible Audiobook, Unabridged
"Please retry"
|
$0.00
|
Free with your Audible trial | |
|
Paperback, Large Print
"Please retry"
|
$15.51 | $4.75 |
|
Preloaded Digital Audio Player, Unabridged
"Please retry"
|
— | $11.98 |
-
Kindle
$10.49 Read with Our Free App -
Audiobook
$0.00 Free with your Audible trial -
Hardcover
$10.95103 Used from $1.51 17 New from $5.96 15 Collectible from $4.00 -
Paperback
$29.9910 Used from $4.75 10 New from $15.51 1 Collectible from $17.98 -
Preloaded Digital Audio Player
$11.982 Used from $11.98
There is a newer edition of this item:
$10.06
(165)
Only 1 left in stock - order soon.
Enhance your purchase
-
Print length528 pages
-
LanguageEnglish
-
PublisherHarper
-
Publication dateSeptember 20, 2011
-
Dimensions6 x 1.6 x 9 inches
-
ISBN-100061429252
-
ISBN-13978-0061429255
Inspire a love of reading with Amazon Book Box for Kids
Discover delightful children's books with Amazon Book Box, a subscription that delivers new books every 1, 2, or 3 months — new Amazon Book Box Prime customers receive 15% off your first box. Sign up now
Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required.
-
Apple
-
Android
-
Windows Phone
-
Android
|
Download to your computer
|
Kindle Cloud Reader
|
Frequently bought together
What other items do customers buy after viewing this item?
The One Percent Doctrine: Deep Inside America's Pursuit of Its Enemies Since 9/11Paperback$13.59$13.59FREE Shipping on orders over $25 shipped by AmazonGet it as soon as Thursday, Sep 16
The Confidence Men: How Two Prisoners of War Engineered the Most Remarkable Escape in HistoryHardcover$15.40$15.40FREE Shipping on orders over $25 shipped by AmazonGet it as soon as Thursday, Sep 16
The Way of the World: A Story of Truth and Hope in an Age of ExtremismHardcover$9.48$9.48& Free ShippingOnly 1 left in stock - order soon.
A Hope in the Unseen: An American Odyssey from the Inner City to the Ivy LeaguePaperback$18.00$18.00FREE Shipping on orders over $25 shipped by AmazonGet it as soon as Thursday, Sep 16
Editorial Reviews
Review
“A searing new book. . . . Suskind has a flair for taking material he’s harvested to create narratives with a novelistic sense of drama.” -- Michiko Kakutani, The New York Times
“No book about the Obama presidency appears to have unnerved the White House quite so much as Confidence Men by Ron Suskind, a Pulitzer Prize-winning journalist who has developed a niche in the specialized art of parting the curtain on presidential dealings.” -- The Chicago Tribune
“A truly groundbreaking inside account. . . . Penetrating in its analysis of why the administration’s approach to the country’s economic ills has been so lackluster. . . . An important addition to the growing library of books about this president.” -- Joe Nocera, The New York Times Book Review
“The book of the week, maybe the book of the month, is Ron Suskind’s Confidence Men. . . . A detailed narrative of the Administration’s response-sometimes frantic, sometimes sluggish, sometimes both-to the financial and economic catastrophe it inherited, as experienced from the inside.” -- Hendrik Hertzberg, The New Yorker
“The work that went into Confidence Men cannot be denied. Suskind conducted hundreds of interviews. He spoke to almost every member of the Obama administration, including the President. He quotes memos no one else has published. He gives you scenes that no one else has managed to capture.” -- Ezra Klein, The New York Review of Books
“Suskind’s account of the Obama administration is a marker of our times. It reveals a President unable to perform responsibly the duties of his high office. . . . Suskind’s contribution to this tale of woe is to give us a fine grained picture of Obama’s passive place in deliberations.” -- Huffington Post The Huffington Post
“My Book of the Year. A narrative tour de force. . . . Journalism like this is all too rare in an ange in which reporters trade their critical faculties for access. And it’s even rarer that skeptical reporting is turned into something lasting.” -- David Granger, Esquire
“This inside account of the Obama economic team contains enough damning on-the-record quotes to give it the ring of truth despite White House efforts to discredit the narrative of infighting and missed opportunities. Read it and weep. It reminds me of the post-Iraq invasion books that documented a similar failure to rise to the enormity of the problem, whether the insurgency was in Iraq or on Wall Street.” -- Eleanor Clift, Newsweek
From the Back Cover
The hidden history of Wall Street and the White House comes down to a single, powerful, quintessentially American concept: confidence. Both centers of power, tapping brazen innovations over the past three decades, learned how to manufacture it.
Until August 2007, when that confidence finally began to crumble.
In this gripping and brilliantly reported book, Ron Suskind tells the story of what happened next, as Wall Street struggled to save itself while a man with little experience and soaring rhetoric emerged from obscurity to usher in “a new era of responsibility.” It is a story that follows the journey of Barack Obama, who rose as the country fell, and offers the first full portrait of his tumultuous presidency.
Wall Street found that straying from long-standing principles of transparency, accountability, and fair dealing opened a path to stunning profits. Obama’s determination to reverse that trend was essential to his ascendance, especially when Wall Street collapsed during the fall of an election year and the two candidates could audition for the presidency by responding to a national crisis. But as he stood on the stage in Grant Park, a shudder went through Barack Obama. He would now have to command Washington, tame New York, and rescue the economy in the first real management job of his life.
The new president surrounded himself with a team of seasoned players—like Rahm Emanuel, Larry Summers, and Tim Geithner—who had served a different president in a different time. As the nation’s crises deepened, Obama’s deputies often ignored the president’s decisions—“to protect him from himself”—while they fought to seize control of a rudderless White House. Bitter disputes—between men and women, policy and politics—ruled the day. The result was an administration that found itself overtaken by events as, year to year, Obama struggled to grow into the world’s toughest job and, in desperation, take control of his own administration.
Pulitzer Prize-winning journalist Ron Suskind intro-duces readers to an ensemble cast, from the titans of high finance to a new generation of reformers, from petulant congressmen and acerbic lobbyists to a tight circle of White House advisers—and, ultimately, to the president himself, as you’ve never before seen him. Based on hundreds of interviews and filled with piercing insights and startling disclosures, Confidence Men brings into focus the collusion and conflict between the nation’s two capitals—New York and Washington, one of private gain, the other of public purpose—in defining confidence and, thereby, charting America’s future.
About the Author
Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.
Product details
- Publisher : Harper; 1st edition (September 20, 2011)
- Language : English
- Hardcover : 528 pages
- ISBN-10 : 0061429252
- ISBN-13 : 978-0061429255
- Item Weight : 1.8 pounds
- Dimensions : 6 x 1.6 x 9 inches
-
Best Sellers Rank:
#883,545 in Books (See Top 100 in Books)
- #461 in United States Local Government
- #1,401 in Political Economy
- #1,702 in United States National Government
- Customer Reviews:
Customer reviews
Top reviews from the United States
There was a problem filtering reviews right now. Please try again later.
In the summer of 2007 Robert Wolf, the forward-looking Chairman and COO of UBS America, began to recognize the 'financing dilemma' that was to about to overtake the US economy. When 'market asset' values began to drop, he shared his unique perspective with a new friend that he admired, Barack Obama, the young Senator from Illinois who was now beginning to campaign for the presidency.
Through his extensive research, Suskind has allowed us to watch the interactions of these forces of change from the inside, like a fly on the wall, through the voices of the very people involved. 'Confidence Men' includes all the politicians, the market giants, the campaigns, the Bear-Sterns collapse, the Lehman bankruptcy, the TARP, the historic election, the Administration change, the unemployment, the stimulus, the job loss, the healthcare debate, the debt ceiling; and you are right there watching these crises unfold and feeling the tangible forces competing with one another right up until the 2010 Midterm election and the change of forces. It's truly fascinating!
In his last three chapters, Suskind's prose just sparkles as he describes how the world adapted to the machinations of those in power, who were at the controls on both ends of the New York-Washington spectrum. The sad part is that now we can clearly see that not much has truly changed in this 'game of life' but the clock is still running. Our personal futures may still be in the hands of Fate but we have stabilized, our systems have matured on several fronts and our current predicaments have been connected with the broader arc of our American history. Hopefully we can learn to benefit from the deep lessons that Suskind has skillfully captured for us. We now have our elected President in office for a second term, attempting to help each of us to be confident in ourselves and in our future. This process is one that could only be accomplished in America and we must carry it forward.
I admit that my review is biased; this is not my first effort involving Suskind's words and wisdom. If the truth must be known, I very much enjoy the way that he thinks. I hope that you might check out One Percent Doctrine: Deep Inside America's Pursuit of Its Enemies and The Way of the World: A Story of Truth and Hope in an Age of Extremism as well and perhaps you too will have multiple chances to enjoy him as I have.
Bob Magnant is the author of The Last Transition..., a fact-based novel about politics, the Internet and US policy in the Middle East...
Suskind does some important things in this book. He closely follows the Obama administration's response to the 2008 financial crisis and the financial reforms that followed, and ties in the health care (health insurance) reform. Critically, he demonstrates how these two major accomplishments of Obama's team were hollowed out by lobbyists, congressmen, and Obama's own advisors into barely effective shadows of their original intent. Financial reform was meant to guarantee the elimination of systemic risk, to put caps on derivatives, and limit the speculative behavior of true banks, but little of that change ever came into law. The same with health care, which was first intended to reduce the cost of care by eliminating unnecessary treatment and eliminate unfair insurance practices, but in the end was largely a mandate to increase the consumer base of insurance companies and offered no oversight on providers' costs.
There is some of the he-said, she-said accounts of infighting within the White House, with Rahm Emanuel and Larry Summers coming off as the most difficult to work with and perhaps the two who most inhibited Obama's aspirations. Tim Geithner is painted as insubordinate and elusive. Then there are those who come off as misunderstood and of brilliance ignored: Christy Romer, Elizabeth Warren, Peter Orszag, and Gary Gensler. Even Paul Volcker is found to have his sage advice brushed aside. All of this is often fascinating for gossip's sake, but also provides insight into how ineffective the Obama White House truly was during the first two years in office. The end of the book describes personnel changes that allowed for more effective decision-making today.
There are a few flaws to the book. Firstly, it is far too long. Suskind takes too much time focusing on marginal characters and too much time on things that are not relevant to the thesis. The focus on health care reform is partially relevant because of its economic impact, but receives more attention than it deserves. Some chapters were page-turners, other seemed to ramble aimlessly.
Reading this book during the start of the Occupy Wall Street phenomenon was interesting, however. It provided a keen source of frustration at Wall Street and at those within the government who are loathe to undermine market confidence to any degree (eg Geithner and Bernanke). It underscores exactly why the American public should be upset, not just at Wall Street, but also at Washington, for its inability to act in a decisive manner that truly puts the interests of the American people first. The book is fairly unbiased, painting both sides with a critical brush, though in the end it heaps beatitudes upon Obama who, after two rocky first years, seems to have found his true self; and Ron Suskind seems to like that guy.
Top reviews from other countries
A really good read for those who wish to understand how the Washington political system is working in 2012.
Suskind has a great writing style, he manages to (pretty much) articular often complicated concepts very clearly and in a way that a lay-person could understand (I think - I have worked in finance, so its a little hard to tell). But the great thing here is the way he binds it all together into a top story and yarn that (if you can remember all the characters!) ends up being as informationally rich as it is entertaining.
Of course none of that gets around the central point of the book, which is of course that Obama monumentally screwed up in his first term, and that though the GOP is providing precious little viable alternative at the moment, we have a man in the White House now for a second term who we should be deeply and justifiably very concerned about.
The message here is clear: it is unlikely that the world's economy can take more of this. I hope someone is listening. This book shoudl have been required reading for every voter in the USA.
However I have now come back to the book, in 2016, and reread it totally because I hoped it would help me think more clearly about Obama’s presidency.
This is in fact the new review, with the old review at the end, as Amazon won’t let me add a second review!
The main thesis of this book is that Obama, in his first two years, was wishywashy and indecisive, at least on the two main issues that the book covers, namely the economy and the handling of the economic crisis, and the introduction of health reforms.
It should be understood that Suskind says absolutely nothing about foreign policy, or any other issue except the two mentioned, and the problem with that is that it leaves out any consideration of how much pressure Obama was under in his efforts to deal with the legacy of the extraordinary presidency of George W Bush, who wrecked the economy, and started two massive messy wars. He had so many urgent problems to deal with all at once.
It’s nevertheless a great book, and offers exceptional insight, by virtue of the very large number of interviews carried out with all the major players, into exactly what the options were in resolving the economic crisis and instituting health provision reform.
However Suskind never really makes his own position clear, and deals out large measures of implied praise and implied criticism not only to Obama but also to other major players, especially Summers. I felt that Suskind could not really make up his mind whether Obama just ducked the major decisions, or whether he really did the best anyone could do, given the circumstances.
It does seem clear, however that Obama had the opportunity to introduce more regulation, especially on the issue of remuneration and bonuses: Suskind tells us that the bankers at one point expected this and themselves bewildered in the aftermath of bank closures and plummeting stock market would have accepted it without much demur. However Obama told the bankers he wanted to support them!
On page 192 (2011 edition) there’s a very interesting quote by John Podesta about the difference in style between Bill Clinton and Obama:
“Clinton had…an ability to synthesize competing positions, to command the room and arrive at ingenious versions of the middle ground” whereas Obama “draws people out of their comfort zone…challenging them with his openness and his commitment to change. He ends up making them rise to the occasion…He finds opportunities in the larger body of players to create circumstances where change can happen….He’s creating a space where solutions can happen.”
Readers of this book, and Bob Woodward’s ‘Obama’s Wars’, will recognise that description.
Suskind worries that this style led to Obama’s team taking the presidency away from him on important issues.
Confronted with a view of this kind, Suskind quotes Obama as saying:
“I was often pushing, hard, and the speed with which the bureaucracy could exercise my decision was slower than I wanted. But…it’s not clear to me….that that was necessarily because of a management problem, as it was that this is really hard stuff.”
There now follows my original review:
I hesitate to post a review of this interesting book because I got through about half its 500 pages and I started to lose the will to live.
Much of this may be because I am British, and relatively unfamiliar with US political and economic process. Also Suskind assumes a relatively high level of understanding of the chicanery of modern banking, which I don't quite have.
But I found this a slog, and hard to understand. By half way through however I had got an interesting picture that Obama was able and energetic enough to understand the key issues in financial management, economic and health care reform, everyone in his government liked him, but somehow he could never make his mind up about anything.
After a while bankers and members of his team started to feel that they could push him around and he wouldn't do anything about it, and so they started ignoring those of his instructions that they didn't like.
What's puzzling me is why Obama would let this happen. Suskind doesn't offer an explanation for this, or if he does I missed it. A reviewer on Amazon.com called Brady suggests that Obama got all his pre-election funding from big business (like every other candidate) and that's why.
However I think it's very odd that Suskind himself doesn't comment on this. The book is a long series of episodes of Obama's attempts to manage the situation but no psychological analysis or judgment.
Its still an interesting book, but also a frustrating one. Bob Woodward's book a year or two ago called `Obama's Wars', is much more convincing. On the other hand this book, being mostly if not entirely about economics, is about a subject which arguably is even more important.
