Prisoner of X

The Book of the Week is “Prisoner of X” by Allan MacDonell, published in 2006. This ebook is a career memoir of an employee of the pornographic media empire of Larry Flynt. It might be recalled that Flynt was a champion of free speech, especially when it came to the dissemination of pornographic materials.

The main publication of Flynt’s empire is Hustler magazine, introduced in July 1974. Flynt established his own distribution networks for his magazines. This did not sit well with an organized crime group, which allegedly pumped a few bullets into Flynt’s body, rendering him a paraplegic in March 1978.

In the early 1980’s, MacDonell finally got a chance to work for the esteemed Flynt. Early in his career, he admittedly had trouble with substance abuse, partaking daily of one or more of the following: “… social opiates, medicinal cocaine, recreational painkillers or mandatory alcohol.”

In the late 1990’s after former president Bill Clinton’s sexual indiscretions had been revealed, MacDonell supervised the research that was to expose the sexual indiscretions of the American politicians who had criticized the philandering Clinton.

Read the book to learn the details of why Flynt deliberately reveled in playing the role of attention whore, the kinds of characters who peopled his organization, and the author’s own love life, interspersed with unsavory anecdotes of the behind-the-scenes goings-on in publicizing the skin trade.

Siberia Bound

The Book of the Week is “Siberia Bound” by Alexander Blakely, published in 2002. This is the personal account of a recent college graduate who decided life in the United States was too easy.

In the early 1990’s, the author moved to Novosibirsk, Siberia to see, with a business partner, whether he, fluent in Russian, could help a region of the former Soviet Union make the transition from Communism to capitalism. He and his partner borrowed money to buy cocoa beans and sold them to chocolate factories on credit.

Blakely wrote about Siberian culture. One amusing passage told of the detergent brand “Barf” imported from Iran. “Things got dirty all the time: In summer, it was dust and car exhaust. In winter, it was coal soot and body odor trapped by layers of insulation.” The relationship between Blakely’s business partner’s wife and her mother-in-law was less than friendly. This was partly because the wife spoiled her young daughter, and the mother-in-law was strict with her– the opposite behavior of mothers and grandmothers in American culture.

Sadly, the moral of the author’s story became “Be careful what you wish for.” He realized that the major cultural, political and economic changes taking place in his community meant that Siberians had become like Americans. They started riding in cars instead of walking. They ate fatty foods for lunch and the men stopped exercising. The women started going to aerobics classes at the gym.

Blakely thought that bringing capitalism to them would be a good thing. However, they soon developed an insatiable appetite for consumer goods. Once they were made of aware of their severe deprivation by the media and increased their connections with the rest of the world, they became depressed. Previously, they had been happy due to their ignorance of how materially poor they were.

Read the book to learn of the sea changes taking place at the author’s business, which sold not just chocolate, but surgical gloves, potatoes and other products; and the formerly Communist community, over the next four years.

Even This I Get To Experience

The Book of the Week is “Even This I Get to Experience” by Norman Lear, published in 2014. This is the autobiography of an alpha male.

Lear had a difficult childhood– had conflicted feelings about his irrationally optimistic, charismatic yet swindling father, and emotionally distant, narcissistic mother. He was: a creative intellectual typical for his generation, an excellent judge of people, and astute about human nature. He wrote comedic scripts with a partner starting in the 1940’s, when it was easy to get in touch with the performers of comic material.

Later, the workaholic author wrote and produced the TV sitcoms that characterized and changed the zeitgeist of America in the 1970’s. He created controversial dialogue and episode plots on ethnicity, religion and sex on “All in the Family,” “Maude,” “Good Times” and “The Jeffersons.” He learned that a fairly small number of fanatically religious people could cause CBS to phobically censor his work. However, at the first attempt of the network to stifle him, Lear stood his ground because if he didn’t, he knew the TV-ratings-obsessed (and money-from-advertisers-obsessed) “suits” or an ideological actor, would win all arguments from then on. More than once, situations became so heated, he threatened to quit.

From the mid to late 1970’s onward, Lear became politically active, meeting with politicians and starting his own patriotic groups. He also submitted all sorts of ideas for campaigns but, he writes, “… no matter how sincerely they seemed to listen, or how grateful they were for suggestions they couldn’t wait to put into effect, no one ever acted on a single idea I ever presented, not ever. Every bit of contact following versions of that speech had to do with my checkbook and my Rolodex.” This blogger thinks that in this area, perhaps the author naively failed to realize that a number of factors needed to come together for him to succeed: timing (his ideas needed to be recognized during an election year), money (he should have made a sufficient donation to the campaign); and content (his ideas needed to be on hot-button issues).

Please note: the book’s last section is a name-dropping bragfest. Granted, the man has bragging rights and is not an “outlier” by any stretch of Malcolm Gladwell’s definition. Lastly, unfortunately, this book lacks an index. But read the book to learn the details of: Lear’s trials and tribulations with the above, his acquaintances with U.S. presidents and entertainers, his business ventures, and his families, consisting of six children he had with three different women.

The Real Deal

The Book of the Week is “The Real Deal, My Life in Business and Philanthropy” by Sanford Weill and Judah S. Kraushaar, published in 2006. This career memoir describes how, over the course of about fifty years, Weill became a major change agent in the American financial services industry. His specialty became leading the execution of mergers and acquisitions for the investment, banking, and insurance companies of which he was an executive and board member.

In spring 1960, he started a securities brokerage, actually on Wall Street, with three partners. The stock market was bearish in 1962 and 1963. Interesting Side Note: “The typical stock in the Dow Index had a price 23 times its earnings as this downturn began, compared to a multiple of only 10 times in the early 1950s.”

Through the years, he gained more and more power and accumulated more and more wealth. When he attended events at which he had to speak to stockbrokers, he adopted a policy of brevity, saying, “You’ve heard enough speeches– what questions do you have for me?”

Although the author fostered a corporate culture of informality and “Management By Wandering Around” at his own company, in many instances, he failed to take into consideration the culture of the target company. His strengths lay more in bringing the top executives of the parties together to do the deals, and negotiating the new management structures. It was ironic that he was such a poor judge of how the two cultures would mesh once the integration process began.

At times, Weill tapped the power of his friends in high places, one of which was the government. It helped him change federal law to allow transactions to proceed. For instance, prior to 1999, certain banking and investment banking services could not be legally offered by the same company, due to financial conflicts and possibilities for abuses. He and his cohorts had a hand in making the historic change so that people within the same company could offer their clients all kinds of financial services.

Weill describes a whole bunch of instances that provided evidence for the necessity of strict financial auditing laws. In just a few years at the turn of the 21st Century, greed had spun out of control in the industry, leading to the accounting scandals of Enron and WorldCom, the dot-com crash, and a major hedge-fund crash that required a bailout. A terrorist attack didn’t help, either. By 2002, the chickens had come home to roost in the form of a bear market. “The regulators, the press, and politicians of all stripes…” played “the game of pointing fingers.”

And yet Weill writes, “…governance rules mandated by Sarbanes-Oxley (enacted in summer 2002) made it seem likely that bureaucratic needs would trump the fun of the business.” He also complains that businesses would have to spend more money preparing their financial statements. Sorry about that, Mr. Weill. Yes, pesky, bureaucratic, expensive laws reining in greed are no fun.

Six years later– same song, different verse… a whole lot worse. Need it be said– The more things change, the more they stay the same. History will continue to repeat itself, given human nature.

Read the book to learn the details of Weill’s career ups and downs and trials and tribulations. This blogger skipped the last chapter, in which Weill merely rambles on stating his opinions, and the endnote, which is an interview with his wife, whom he lavishly praises as loving and supportive throughout this ebook.

Outwitting History

The Book of the Week is “Outwitting History: The Amazing Adventures of a Man Who Rescued a Million Yiddish Books” by Aaron Lansky, published in 2005. The author of this ebook, passionate about the Yiddish language and the culture and history behind it, made a career of preserving books in Yiddish by physically transporting them to an eventual library he and a few others started.

Lansky attended a Northeastern free-spirited college, Hampshire, where he was afforded the opportunity to become fluent in Yiddish. Teaching of the language between generations has been uneven because different factions of Jews have different opinions of it so that its popularity has risen and fallen through the centuries. Lansky felt a sense of immediacy about saving Yiddish literature because he was told that scholars “…estimated that there were seventy thousand Yiddish volumes extant and recoverable in North America” and he was finding out that books were being destroyed for diverse reasons in various ways.

Funding and fundraising have always been a challenge for the author through the decades. To pick up hundreds of Yiddish volumes at once, say, from the home of an intellectual Jew who had passed away, he needed to pay for: renting a truck, gas, insurance, travel expenses, storage, etc. Lecturing has also been a source of money for his endeavors.

Read the book to learn how the National Yiddish Book Center was formed, how he recruited other people to help him with collecting books, the social and cultural organizations to which he traveled to collect them, the food he was pressured to eat while meeting a lot of volunteers of the older generation who shared his love of, and desire to keep Yiddish alive, and how his organization is harnessing modern technology to attain its aims.