by Carmen Segarra ‧ RELEASE DATE: Oct. 16, 2018
A significant account told in a disappointing manner.
A federal financial watchdog within Goldman Sachs chronicles her decision to become a whistleblower.
Segarra, now a self-described “advocate for regulatory transparency and reform,” guides readers into the inner sanctum of the Federal Reserve Bank in New York City and the offices of too-big-to-fail Goldman Sachs. She offers notes from the numerous meetings meant to convey suspect institutional cultures, explaining how she eventually realized that the high-level government regulators at the Federal Reserve exhibited zero interest in meaningful regulation of the unethical, corner-cutting executives at Goldman. As the author chronicles, instead of everybody from both institutions pulling together to avoid a repeat of the devastating worldwide financial crisis of 2008, there seemed to be an unholy camaraderie of corruption that was sure to devastate unsuspecting investors. At first, Segarra worried about losing her job at the Federal Reserve, so she collected damning evidence unobtrusively. But as her first year on the job (2011) progressed, she became more vocal about the unethical and probably illegal conduct she sensed within both the Fed and Goldman. Inevitably, she got fired, at which point she was forced to decide whether to seek other employment as a lawyer or file litigation challenging her dismissal, understanding that she had a slim chance of succeeding. The author’s saga is unquestionably important, especially as the current administration seeks to further deregulate the financial services industry, but the narrative is haphazardly presented. Segarra offers detailed accounts of countless meetings filled with vague conversations about complex financial regulations. So many individuals come and go from these meetings that they become difficult to distinguish one from another, and the author doesn’t help with her gratuitous physical descriptions of the participants. To complicate identifications further, she reveals on the copyright page that the names of some actors have been altered, but readers never learn which ones.
A significant account told in a disappointing manner.Pub Date: Oct. 16, 2018
ISBN: 978-1-56858-845-2
Page Count: 352
Publisher: Nation Books
Review Posted Online: Sept. 1, 2018
Kirkus Reviews Issue: Sept. 15, 2018
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by David Grann ‧ RELEASE DATE: April 18, 2017
Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.
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Greed, depravity, and serial murder in 1920s Oklahoma.
During that time, enrolled members of the Osage Indian nation were among the wealthiest people per capita in the world. The rich oil fields beneath their reservation brought millions of dollars into the tribe annually, distributed to tribal members holding "headrights" that could not be bought or sold but only inherited. This vast wealth attracted the attention of unscrupulous whites who found ways to divert it to themselves by marrying Osage women or by having Osage declared legally incompetent so the whites could fleece them through the administration of their estates. For some, however, these deceptive tactics were not enough, and a plague of violent death—by shooting, poison, orchestrated automobile accident, and bombing—began to decimate the Osage in what they came to call the "Reign of Terror." Corrupt and incompetent law enforcement and judicial systems ensured that the perpetrators were never found or punished until the young J. Edgar Hoover saw cracking these cases as a means of burnishing the reputation of the newly professionalized FBI. Bestselling New Yorker staff writer Grann (The Devil and Sherlock Holmes: Tales of Murder, Madness, and Obsession, 2010, etc.) follows Special Agent Tom White and his assistants as they track the killers of one extended Osage family through a closed local culture of greed, bigotry, and lies in pursuit of protection for the survivors and justice for the dead. But he doesn't stop there; relying almost entirely on primary and unpublished sources, the author goes on to expose a web of conspiracy and corruption that extended far wider than even the FBI ever suspected. This page-turner surges forward with the pacing of a true-crime thriller, elevated by Grann's crisp and evocative prose and enhanced by dozens of period photographs.
Dogged original research and superb narrative skills come together in this gripping account of pitiless evil.Pub Date: April 18, 2017
ISBN: 978-0-385-53424-6
Page Count: 352
Publisher: Doubleday
Review Posted Online: Feb. 1, 2017
Kirkus Reviews Issue: Feb. 15, 2017
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BOOK TO SCREEN
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by Truman Capote ‧ RELEASE DATE: Jan. 7, 1965
"There's got to be something wrong with somebody who'd do a thing like that." This is Perry Edward Smith, talking about himself. "Deal me out, baby...I'm a normal." This is Richard Eugene Hickock, talking about himself. They're as sick a pair as Leopold and Loeb and together they killed a mother, a father, a pretty 17-year-old and her brother, none of whom they'd seen before, in cold blood. A couple of days before they had bought a 100 foot rope to garrote them—enough for ten people if necessary. This small pogrom took place in Holcomb, Kansas, a lonesome town on a flat, limitless landscape: a depot, a store, a cafe, two filling stations, 270 inhabitants. The natives refer to it as "out there." It occurred in 1959 and Capote has spent five years, almost all of the time which has since elapsed, in following up this crime which made no sense, had no motive, left few clues—just a footprint and a remembered conversation. Capote's alternating dossier Shifts from the victims, the Clutter family, to the boy who had loved Nancy Clutter, and her best friend, to the neighbors, and to the recently paroled perpetrators: Perry, with a stunted child's legs and a changeling's face, and Dick, who had one squinting eye but a "smile that works." They had been cellmates at the Kansas State Penitentiary where another prisoner had told them about the Clutters—he'd hired out once on Mr. Clutter's farm and thought that Mr. Clutter was perhaps rich. And this is the lead which finally broke the case after Perry and Dick had drifted down to Mexico, back to the midwest, been seen in Kansas City, and were finally picked up in Las Vegas. The last, even more terrible chapters, deal with their confessions, the law man who wanted to see them hanged, back to back, the trial begun in 1960, the post-ponements of the execution, and finally the walk to "The Corner" and Perry's soft-spoken words—"It would be meaningless to apologize for what I did. Even inappropriate. But I do. I apologize." It's a magnificent job—this American tragedy—with the incomparable Capote touches throughout. There may never have been a perfect crime, but if there ever has been a perfect reconstruction of one, surely this must be it.
Pub Date: Jan. 7, 1965
ISBN: 0375507906
Page Count: 343
Publisher: Random House
Review Posted Online: Oct. 10, 2011
Kirkus Reviews Issue: Jan. 1, 1965
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