In 'Other People's Money,' Charles V. Bagli unravels the high-stakes world of real estate financing in New York City. As he navigates through scandal and ambition, Bagli reveals how fortunes are made and lost on the backs of unsuspecting investors. The narrative is a gripping exploration of greed, power, and the complexities of ethical investment. With vivid character portraits and meticulous research, the book exposes the secretive dealings of industry moguls. This compelling read raises the question: what happens when the thirst for profit overshadows principles?
By Charles V. Bagli
Published: 2014
"In the world of finance, the true value of money lies not in its accumulation, but in its ability to shape destinies and transform landscapes."
A veteran New York Times reporter dissects the most spectacular failure in real estate history Real estate giant Tishman Speyer and its partner, BlackRock, lost billions of dollars when their much-vaunted purchase of Stuyvesant Town–Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed, while others took the financial hit—and MetLife scored a $3 billion profit? Illuminating the world of big real estate the way Too Big to Fail did for banks, Other People’s Money is a riveting account of politics, high finance, and the hubris that ultimately led to the nationwide real estate meltdown.
Showing 8 of 20 similar books
Niki Scevak is a distinguished entrepreneur and venture capitalist, widely recognized for his contributions to the startup ecosystem rather than traditional literature. As a co-founder and partner at Blackbird Ventures, he has played a pivotal role in funding and mentoring successful Australian tech startups. Scevak also co-founded Startmate, an influential accelerator program that has shaped numerous early-stage companies. His work has significantly impacted the Australian tech landscape, fostering innovation and entrepreneurial growth. Though not an author of traditional books, his insights and thought leadership are frequently shared through industry publications and speaking engagements.
Drew Houston is an accomplished American entrepreneur best known for co-founding Dropbox, a widely-used cloud storage service, in 2007. As the CEO, he has led the company to serve millions of users worldwide and become a key player in the tech industry. Although not primarily known for literature, Houston has shared his entrepreneurial insights and experiences through various interviews and public speaking engagements, offering valuable lessons to aspiring business leaders. His work has significantly influenced the way people and organizations manage and share digital content. Houston's innovative vision continues to shape the future of cloud computing and digital collaboration.
Mark Manson is a best-selling author and personal development expert known for his candid and no-nonsense approach to self-help. His most notable work, "The Subtle Art of Not Giving a F*ck," has sold millions of copies worldwide and has been translated into numerous languages, resonating with readers for its practical advice and irreverent tone. Manson followed up with another successful book, "Everything Is F*cked: A Book About Hope," which further cemented his reputation as a thought leader in modern existentialism. In addition to his books, he runs a popular blog that delves into topics ranging from happiness to personal growth. His work has not only transformed the self-help genre but also influenced a global audience seeking authentic and actionable guidance.
Bernie Sanders is an American politician and U.S. Senator from Vermont, known for his progressive policies and his advocacy for economic equality. Sanders ran for the Democratic presidential nomination in 2016 and 2020, inspiring a movement with his calls for Medicare for All, free college tuition, and a $15 minimum wage. He identifies as a democratic socialist and has been a long-standing advocate for labor rights, environmental justice, and social welfare programs. Sanders’ candidacy energized a new generation of activists and has had a lasting influence on the direction of the Democratic Party. His focus on income inequality and social justice continues to shape political discourse in the U.S.
David Cancel is a prominent entrepreneur and author best known for his influential work in the tech and startup communities. As the CEO and co-founder of Drift, a leading conversational marketing platform, he has revolutionized how businesses engage with their customers online. Cancel has also authored insightful books such as "Hypergrowth," which offers valuable strategies for scaling startups rapidly. His contributions extend beyond literature as he frequently shares his expertise through speaking engagements and his popular podcast, "Seeking Wisdom." David Cancel's innovative ideas and practical advice continue to inspire and guide entrepreneurs worldwide.
Ana Lorena Fabrega is an innovative educator and author passionate about reimagining education. Known as “Ms. Fab,” she is the Chief Evangelist at Synthesis, an education startup inspired by the problem-solving and collaboration model used at SpaceX. She advocates for alternative learning methods, encouraging curiosity and creativity in students. Ana's work emphasizes the importance of engaging young learners in real-world challenges and critical thinking. She also shares insights on education reform through her popular newsletter, Fab Fridays.
Brian Tracy is a renowned Canadian-American motivational speaker, self-development author, and business consultant. He has written over 70 books, including bestsellers like "Eat That Frog!" and "The Psychology of Achievement," which have been translated into dozens of languages. Tracy's work primarily focuses on personal success, leadership, time management, and sales strategies. He has also delivered over 5,000 speeches and seminars around the world, inspiring millions to improve their lives and careers. His practical advice and actionable insights have cemented his reputation as a leading authority in personal and professional development.
Andrew Lokenauth is a distinguished author and financial expert known for his insightful contributions to personal finance and investment literature. With a career spanning over a decade, he has written extensively on topics such as wealth management, financial planning, and market analysis. Lokenauth's works are celebrated for their clarity and practical advice, making complex financial concepts accessible to a broad audience. He has been featured in numerous financial publications and has established himself as a trusted voice in the industry. Beyond his writing, Lokenauth is also a sought-after speaker, sharing his expertise at various seminars and workshops.
Showing 8 of 16 related collections
“In the world of finance, the true value of money lies not in its accumulation, but in its ability to shape destinies and transform landscapes.”
Other People's Money
By Charles V. Bagli
Discover a world of knowledge through our extensive collection of book summaries.
Charles V. Bagli is a distinguished author and journalist known for his incisive commentary on urban development and real estate in New York City. He has written extensively for The New York Times, where he has covered various aspects of city life, politics, and infrastructure. Among his notable works is 'Other People's Money: The Rise and Fall of the Great American Foreclosure Boom,' which explores the complexities of the foreclosure crisis and its impact on communities. Bagli's writing is characterized by its thorough research, compelling narratives, and a keen insight into the socio-economic factors shaping urban landscapes.
Key information about the book.
Support local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "Captive Prince," the captivating tale of power and betrayal unfolds as Laurent, the cunning prince of Vereck, must navigate the treacherous politics of his enemy's court. When Damen, the exiled warrior prince of Akielos, becomes a slave to Laurent, forced into a world of subterfuge and intrigue, unexpected alliances begin to form. As the two grapple with their conflicting loyalties and simmering desires, they are drawn into a dangerous game that could alter the fate of their kingdoms. The tension escalates with each page, revealing secrets that could shatter their lives and reshape their loyalties. Will love conquer all, or will the weight of a fractured legacy seal their doom?
In "Throne of Glass," young assassin Celaena Sardothien is offered a chance at freedom: win a deadly competition to become the king's champion. As she navigates treacherous politics and faces off against formidable opponents, she uncovers a web of dark magic and long-buried secrets that threaten her life and the kingdom. With every challenge, Celaena must confront her own past and decide what she's willing to sacrifice for power—and for those she loves. As loyalties shift and danger lurks in every shadow, the stakes soar beyond mere survival. Will she embrace her destiny, or will the weight of her choices crush her ambitions?
In "A Court of Thorns and Roses," Feyre Archeron, a skilled huntress, is thrust into a deadly faerie world after killing a wolf in the woods. Captured by Tamlin, a powerful High Fae lord, she discovers an enchanting realm steeped in danger and magic. As Feyre grapples with her feelings for Tamlin, a dark curse looms, threatening his home and all he loves. Chilling choices lead her into a treacherous game where betrayal and sacrifice become part of the dance. Will she embrace her fate and uncover her true strength before it’s too late?
In "The Book of Three," young pig-keeper Taran embarks on a captivating quest to rescue his homeland, Prydain, from the encroaching darkness of an evil warlord. Accompanied by a motley crew of magical allies—including a fearless princess and a wise-cracking pig—Taran discovers his own potential beyond the confines of his humble beginnings. With each challenge, he grapples with themes of bravery, friendship, and destiny, weaving a tale that blurs the lines between heroism and cowardice. As the tension escalates and ancient prophecies unravel, will Taran rise to become the hero he dreams of, or will he falter under the weight of his own insecurities? Dive into this enchanting adventure and uncover the secrets that bind fate and courage in a world where darkness looms ever closer.
In a dystopian future, Katniss Everdeen volunteers to take her sister's place in a brutal televised competition known as the Hunger Games, where only one victor can survive. As she navigates the treacherous arena filled with deadly foes and oppressive government forces, her resourcefulness and instincts are put to the ultimate test. Alliances form, betrayals loom, and the line between survival and morality blurs in the fight for freedom. With each turn of the page, readers are drawn deeper into a gripping tale of courage, sacrifice, and the quest for justice. Will Katniss's defiance spark a revolution, or will she become another pawn in a deadly game?
In "The Star-Touched Queen," Maya, a girl cursed with a deadly horoscope, finds herself trapped in a tumultuous fate. Drawn into a world of magic and intrigue, she becomes the bride of a mysterious ruler, only to uncover astonishing secrets about her past and the kingdom. Haunted by visions and the whispers of an ancient prophecy, Maya must navigate a web of love, betrayal, and destiny. As celestial events unfold, her choices could either save or doom her world. Will she embrace her true power and rewrite her stars, or will darkness consume her?
In "The Hating Game," the tension between Lucy and her office rival, Joshua, escalates from playful banter to a full-blown game of love and hate. As they compete for a coveted promotion, their daily encounters become a mix of sharp-witted exchanges and unexpected chemistry. Lucy's determination to win is tested when she starts to question her feelings for Joshua, revealing a layered rivalry beneath their seemingly antagonistic relationship. The line between love and hate blurs, leading to a thrilling conclusion that will leave readers guessing. Can a game of hate turn into an exhilarating romance?
For use in schools and libraries only. Gen is plucked from the king's prison by the king's magus who wants his assistance in stealing an ancient treasure.