Author's Note ix
Introduction 1
Chapter 1 The Rise of Finance 29
Chapter 2 The Fall of Business: Bean Counters Versus Car Guys-Frederick Winslow Taylor, Robert McNamara, and the Financialization of Industry 62
Chapter 3 What An MBA Won't Teach You: How Business Education Is Failing American Businesses 90
Chapter 4 Barbarians at the Gate: Apple, Carl Icahn, and the Rise of Shareholder Activism 121
Chapter 5 We're all Bankers Now: GE and the Story of How American Business Came to Emulate Finance 152
Chapter 6 Financial Weapons of Mass Destruction: Commodities, Derivatives, and How Wall Street Created a Food 179
Chapter 7 When Wall Street Owns Main Street: Private Equity, Shadow Banking, and How Finance Reaped the Benefits of the Housing Recovery 210
Chapter 8 The End of Retirement: How Wall Street Ate Our Nest Eggs 237
Chapter 9 The Artful Dodgers: How Our Tax Code Rewards the Takers Instead of the Makers 264
Chapter 10 The Revolving Door: How Washington Favors Wall Street over Main Street 285
Chapter 11 How to Put Finance Back in Service to Business and Society 315
Acknowledgments 327
Notes 331
Bibliography 367
Index 377