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King of Capital: Sandy Weill and the Making of Citigroup [Paperback]

Amey Stone , Mike Brewster


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Amey Stone
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Review

"Stone and Brewster have compiled a comprehensive history tracing the career of Weill, now 69, through his days as runner on Wall Street to his present position running one of the world′s largest corporations." (Publisher′s Weekly, May 20, 2002)

"...the authors tell an interesting story." (Traders Magazine, May 2002)

"This is a rags–to–riches–to–greater–riches story, recounting Weill′s rise from a middle–class Brooklyn boyhood to primacy on Wall Street." (BusinessWeek, July 2002)

"...the authors tell an interesting story." (Traders Magazine, May 2002)

"This is a rags–to–riches–to–greater–riches story, recounting Weill′s rise from a middle–class Brooklyn boyhood to primacy on Wall Street." (BusinessWeek, July 2002) --This text refers to the Hardcover edition.

Product Description

A fascinating story of a legendary dealmaker who masterminded an unprecedented merger

Citigroup CEO Sandy Weill orchestrated many deals over his legendary forty–five year career—none bigger than the 1998 epic merger of Travelers and Citibank to create the international conglomerate, Citigroup. King of Capital tells the compelling story of how this complex man revolutionized the banking world and transformed Citigroup through a combination of mergers and powerplays.

Throughout his entire career Weill has created successful businesses out of smaller, seemingly unworkable pieces; filled product vacuums no one else even realized were void; and forced issues that no one else had the gumption to tackle. His daring dealmaking tactics were never more evident than while forming Citigroup, as he lobbied Congress to deregulate the financial services industry and ousted his co–CEO in a public power struggle. Through an engaging narrative by financial writers Amey Stone and Mike Brewster, King of Capital chronicles the legacy of Sandy Weill that began taking shape in 1970 with the creation of Shearson, was honed during his tenure at American Express, and continues as he leads one of the world′s largest banks.

Along with probing Weill′s signature business deals, King of Capital traces the path this feared, envied, and admired man took to get to the top. Readers will gain valuable insight into the strategies and tactics of this admired dealmaker–including his ability to turn a workforce into a family, with all the love, loyalty, battles and heartbreaks. What distinguishes Weill from the run–of–the mill executive is a laser–like focus on what he wants, trust in his lieutenants, and incredible belief in himself–conviction that he did not always possess. Weill, cowed by Bensonhurst bullies as a child, hazed as a military school plebe, intimidated by the strong personalities of some his early partners, has defied all expectations to become a CEO whose deals have had lasting impact on global finance and the economy.

Amey Stone (New York, NY) has more than ten years of experience as a financial writer. Currently, she is an Associate Editor at BusinessWeek Online, where she cowrites the daily "Street Wise" column, and is responsible for writing many of the site′s lead stories on business trends, technology, and the economy, including several articles covering Citigroup and Sandy Weill.
Mike Brewster (New York, NY) is an accomplished writer, editor and financial services professional. He recently launched a career magazine called Leaders Online.


Inside This Book (Learn More)
First Sentence
Their respective presentations delivered, their visions for the future of Citigroup outlined, Sandy Weill and John Reed sat alone together, tensely watching television at Citigroup's 399 Park Avenue headquarters in New York City. Read the first page
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Concordance
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

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Most Helpful Customer Reviews on Amazon.com (beta)
Amazon.com:  17 reviews
7 of 7 people found the following review helpful
A role model's history well described 17 Jun 2002
By GEORGE R. FISHER - Published on Amazon.com
Format:Hardcover
Didn't Sandy buy Nikko Securities? And make it successful, as opposed to Merrill's flop with Yamaichi? I think so, and this episode is omitted from this book.

But forgive Stone and Brewster this one error because their book is excellent. It is a simple, straightforward, easily-read history of an extraordinary man's accomplishments.

I've watched Sandy through the eyes of the WSJ's reporters over the many years he's been building his legacy and I can quote a few individual soundbites like the one about Nikko, but the whole panorama of Sandy's career only came into focus with this book. A great man, Sandy is, and he makes me proud to be part of the same industry; and I hope in small ways I can imitate him.

The authors are obviously fans of Sandy's, which may make them somewhat biased, but so am I.

5 of 5 people found the following review helpful
An Eye-0pening Book 22 July 2002
By A Customer - Published on Amazon.com
Format:Hardcover
"King of Capital" is a must read for every investor who wants to learn more about how to be "Wall Street Smart," and how to chose effectively and honestly managed companies. Sandy Weill's clear vision, while not always apparent to those who work with him, becomes very apparent to the readers of this intriguing, reader friendly, and well-researched book by Stone and Brewster. Sandy is smart, competitive, and clean. How he became "King of Captial" should inspire future corporate leaders as they embark on their journeys which will be under closer scrutiny than ever before. However, even if you are not an investor or future CEO, this timely book is packed full of so much information about the deal makers of past few decades, that it makes for thoroughly enjoyable reading for those who desire just to be informed.
4 of 4 people found the following review helpful
Sandy Weill: Rockin & Rollin on Wall Street 15 Dec 2002
By Christi Dupree - Published on Amazon.com
Format:Hardcover
This book captures the very essence of the famous (and infamous)king of Wall Street..Sandy Weill. From his humble beginnings to his staggering success in the world of business and finance, this book leaves no stone unturned in detailing fascinating facts and trivia on both his personal and professional life.

This is a must read for any Sandy Weill fan, businessmen and businesswomen alike, or simply a CEO star in the making.

Fascinating...once you pick this book up, you won't be able to put it down!


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