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LING: THE RISE...OF A TEXAS TITAN by Stanley Brown/1st

$24.99
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Nonfiction

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Used

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More than a week ago

Item number:

40943757

Item description

Here for your delectation is the SPECTACULAR RARE---------------LING: THE RISE, FALL AND RETURN OF A TEXAS TITAN by Stanley H. Brown. What was most remarkable about Jim Ling among the great players of corporate games is that he invented his own. And it worked for a while. In fact, he convinced some of the smartest people on Wall Street that he had a foolproof way. It has been more that 25 years since Ling strode the scene as creator and CEO of Ling-Temco-Vought, once the 14th largest corporation on Fortune's 500 list. When the financial magic he used wore off, he was ousted from the helm. They even changed the name to plain LTV to get his name off the facade that wound up as a bankrupt steelmaker. Without any education beyond high school in Oklahoma and electrician's training in the Navy during World War II, Ling discovered a way to create free money for a while. He called his series of acquisitions and spin-offs Project Redeployment, which made it sound like something grander than it proved to be. But while it worked, it was dazzling, even compared with Michael Milken's rediscovery of undervalued, high-yield (junk) bonds. Unlike Milken, a convicted felon, Ling was a man of integrity whose worst trouble with the law involved a minor regulatory matter. He believed in himself and his venture so thoroughly -- and wrongheadedly -- that he kept all his own and his children's money in his company's stock and was wiped out. The trouble with financial games is that they are easier to play than focusing on sound management and products, and they are surely more fun to watch. This is the softcover only stated Bantam Edition from October 1973. Both the cover and the book are in excellent condition. There are no rips, tears, markings, etc.---and the pages and binding are tight (see photo). **Note: All books listed as FIRST EDITIONS are stated by the publisher in words or number lines--or--only stated editions that include only the publisher and publication date. Check my feedback to see that I sell exactly as I describe. So bid soon for this magnificent, impossible-to-find BIOGRAPHY / BUSINESS COLLECTIBLE. I gladly accept PayPal and as preferable forms of payment (no personal checks!). Paypal is an acceptable alternative. I will ship internationally for additional charges. ALL OF MY LISTINGS ARE BETTER THAN AN AUCTION!! NAME THE REASONABLE PRICE YOU WANT TO PAY WHEN YOU CLICK BEST OFFER AND CHANCES ARE THE ITEM WILL BE YOURS--IMMEDIATELY!! NO WAITING FOR AN AUCTION TO END!! _____________________________________________________________________________________________________________ WANT TO SEE MORE?? FOR EXTRA-SPECIAL SAVINGS GO TO: BARRYS BARGAIN BIN for BOOKS THOUSANDS OF UNIQUE TITLES (no duplication) ALMOST EXCLUSIVELY FIRST EDITION ! MUSIC IN ALL GENRES AND FORMATS (lps, 45s, 78s, and cassettes) ASSORTED RARE CURIOSITIES EVERYTHING (except death and taxes) IS NEGOTIABLE! MAKE ME AN OFFER I CAN'T REFUSE!! (NO HORSE'S HEAD IN THE BED, PLEASE!) ALL REASONABLE OFFERS WILL BE ACCEPTED!!! (EVEN THE OCCASIONAL UNREASONABLE OFFER) Be sure to add me to your favorites list 032508
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