Category: Activities (Page 5 of 31)

On March 8 at 1:30. we will discuss a first-rate drama of mobilization and  diplomacy “not unlike that of war.” When fifteen years of struggle  by Suez veteran Ferdinand de Lesseps to build a canal through the  Panamanian isthmus collapsed through tropical disease, logistical  barriers, and financial disgrace, two Americans managed literally  superlative accomplishments: moving billions of cubic yards of dirt, harnessing one of the world’s most savage rivers, developing an  unprecedented lock and electrical system, and, not least, defeating  the Anopheles mosquito. In an open, vigorous style, author David  McCullough contrasts the manic-depressive attitudes of French and  American populations and leaders toward the canal with the cool  perseverance of his two heroes: the engineer John Stevens, a  former common laborer who took charge of the collapsing canal  project and realized that the problem was not digging but  transportation; and Dr. William Gorges, who conquered malaria and yellow fever in a region  where hospital rooms used to literally shake from patients’ chills.

Ironically, it was the often jingoistic “Manifest Destiny” rhetoric and the medical experience of  the brutal Spanish-American War that provided Congressional backing and scientific leads for  the Panama task. A further twist was the origin of the Panamanian republic which permitted  the canal to go through: French adventurer Phillippe Bunau-Varilla executed a coup against  Colombia in 1903 for “the greater glory of France,” then, according to McCullough, promptly  put the new nation and its treasury under the wardship of the U.S. State Department and the  House of Morgan, respectively. Meanwhile, viewing the French example, Congress so feared possible graft in Panama that it threw horrific red tape around the canal project. But Stevens  was able to recruit the greatest engineering minds of the period – and the book is able to  recapture their breakthroughs.

“Kissinger analyses the lives of six…leaders through the distinctive strategies of statecraft, which he believes they embodied. After the Second World War, Konrad Adenauer brought defeated and morally bankrupt Germany back into the community of nations by what Kissinger calls ‘the strategy of humility.’ Charles de Gaulle set France beside the victorious Allies and renewed its historic grandeur by ‘the strategy of will.’ During the Cold War, Richard Nixon gave geostrategic advantage to the United States by ‘the strategy of equilibrium.’ After twenty-five years of conflict, Anwar Sadat brought a vision of peace to the Middle East by a ‘strategy of transcendence.’ Against the odds, Lee Kuan Yew created a powerhouse city-state, Singapore, by ‘the strategy of excellence.’ And, though Britain was known as ‘the sick man of Europe’ when Margaret Thatcher came to power, she renewed her country’s morale and international position by ‘the strategy of conviction.'” —

McKinsey & Company is the most prestigious consulting company in the world, earning billions of dollars in fees from major corporations and governments who turn to it to maximize their profits and enhance efficiency. McKinsey’s vaunted statement of values asserts that its role is to make the world a better place, and its reputation for excellence and discretion attracts top talent from universities around the world. But what does it actually do?

In When McKinsey Comes to Town, two prizewinning investigative journalists have written a portrait of the company sharply at odds with its public image. Often McKinsey’s advice boils down to major cost-cutting, including layoffs and maintenance reductions, to drive up short-term profits, thereby boosting a company’s stock price and the wealth of its executives who hire it, at the expense of workers and safety measures. McKinsey collects millions of dollars advising government agencies that also regulate McKinsey’s corporate clients. And the firm frequently advises competitors in the same industries, but denies that this presents any conflict of interest.

In one telling example, McKinsey advised a Chinese engineering company allied with the communist government which constructed artificial islands, now used as staging grounds for the Chinese Navy—while at the same time taking tens of millions of dollars from the Pentagon, whose chief aim is to counter Chinese aggression.

Shielded by NDAs, McKinsey has escaped public scrutiny despite its role in advising tobacco and vaping companies, purveyors of opioids, repressive governments, and oil companies. McKinsey helped insurance companies’ boost their profits by making it incredibly difficult for accident victims to get payments; worked its U.S. government contacts to let Wall Street firms evade scrutiny; enabled corruption in developing countries such as South Africa; undermined health-care programs in states across the country. And much more.

Bogdanich and Forsythe have penetrated the veil of secrecy surrounding McKinsey by conducting hundreds of interviews, obtaining tens of thousands of revelatory documents, and following rule #1 of investigative reporting: Follow the money.
When McKinsey Comes to Town is a landmark work of investigative reporting that amounts to a devastating portrait of a firm whose work has often made the world more unequal, more corrupt, and more dangerous.

The New York Times bestseller“The Shadow of the Wind is ultimately a love letter to literature, intended for readers as passionate about storytelling as its young hero.” —Entertainment Weekly (Editor’s Choice)“One gorgeous read.” —Stephen King

Barcelona, 1945: A city slowly heals in the aftermath of the Spanish Civil War, and Daniel, an antiquarian book dealer’s son who mourns the loss of his mother, finds solace in a mysterious book entitled The Shadow of the Wind, by one Julián Carax. But when he sets out to find the author’s other works, he makes a shocking discovery: someone has been systematically destroying every copy of every book Carax has written. In fact, Daniel may have the last of Carax’s books in existence. Soon Daniel’s seemingly innocent quest opens a door into one of Barcelona’s darkest secrets—an epic story of murder, madness, and doomed love.