King of Capital: Sandy Weill and the Making of Citigroup (Google eBook)

Front Cover
John Wiley & Sons, Dec 25, 2002 - Business & Economics - 320 pages
2 Reviews
A fascinating story of a legendary dealmaker who masterminded anunprecedented merger

Citigroup CEO Sandy Weill orchestrated many deals over hislegendary forty-five year career—none bigger than the 1998epic merger of Travelers and Citibank to create the internationalconglomerate, Citigroup. King of Capital tells the compelling storyof how this complex man revolutionized the banking world andtransformed Citigroup through a combination of mergers andpowerplays.

Throughout his entire career Weill has created successfulbusinesses out of smaller, seemingly unworkable pieces; filledproduct vacuums no one else even realized were void; and forcedissues that no one else had the gumption to tackle. His daringdealmaking tactics were never more evident than while formingCitigroup, as he lobbied Congress to deregulate the financialservices industry and ousted his co-CEO in a public power struggle.Through an engaging narrative by financial writers Amey Stone andMike Brewster, King of Capital chronicles the legacy of Sandy Weillthat began taking shape in 1970 with the creation of Shearson, washoned during his tenure at American Express, and continues as heleads one of the world's largest banks.

Along with probing Weill's signature business deals, King ofCapital traces the path this feared, envied, and admired man tookto get to the top. Readers will gain valuable insight into thestrategies and tactics of this admired dealmaker-including hisability to turn a workforce into a family, with all the love,loyalty, battles and heartbreaks. What distinguishes Weill from therun-of-the mill executive is a laser-like focus on what he wants,trust in his lieutenants, and incredible belief inhimself-conviction that he did not always possess. Weill, cowed byBensonhurst 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 hadlasting impact on global finance and the economy.

Amey Stone (New York, NY) has more than ten years ofexperience as a financial writer. Currently, she is an AssociateEditor at BusinessWeek Online, where she cowrites the daily"Street Wise" column, and is responsible for writing many of thesite's lead stories on business trends, technology, and theeconomy, including several articles covering Citigroup and SandyWeill.
Mike Brewster (New York, NY) is an accomplished writer,editor and financial services professional. He recently launched acareer magazine called Leaders Online.

  

What people are saying - Write a review

King of capital: Sandy Weill and the making of Citigroup

User Review  - Not Available - Book Verdict

Sanford Weill, known as a ruthless deal-maker and the creator of successful businesses like Citigroup, has revolutionized the banking world and become a legend on par with Warren Buffett and Jack ... Read full review

Review: King of Capital: Sandy Weill and the Making of Citigroup

User Review  - Priyank - Goodreads

Nothing worth highlighting... Some history of citi... The other 'king of capital' (blackstone) makes a more interesting read Read full review

Contents

Introduction Meet Sandy Weill
1
1 The Past Is Gone The Future Is Limitless
15
2 The Best and Brightest
37
3 Hayden Stone The Prototype Deal
71
4 Building Shearson
93
5 Deputy Dog
123
6 Starting Over
153
7 Back in the Big Leagues
181
8 Deal of the Century
217
9 Weill on Top
245
10 Citigroup PostSeptember 11
271
Notes
285
Bibliography
295
Index
297
Copyright

Common terms and phrases

References to this book

All Book Search results »

About the author (2002)

Amey Stone has ten years’ experience as a financialwriter, including seven years with BusinessWeek, two withSmartMoney, and one with Financial Planning magazine. She iscurrently an associate editor at BusinessWeek Online, where shecowrites the daily "Street Wise" column, and is responsible forwriting many of the site’s lead stories on business trends,technology, and the economy.


Mike Brewster is an accomplished writer, editor, andfinancial services professional. For the past year, he has beeneditor of LeadersOnline. Prior to taking the position withLeadersOnline, Mike was director of communications at the globalconsulting firm KPMG, where he worked on projects related toCiticorp, Travelers Insurance, and Smith Barney MutualFunds–all of which are now part of Citigroup.

Bibliographic information