The Money Machine: How Kkr Manufactured Power & Profits

Traces the leveraged-buyout firm's history, profiles its founders, and argues that present management may not be operating ethically

This astounding uncovering chronicles the rise and tactics of KKR (Kohlberg Kravis Roberts & Company) which came closest to making "leveraged buyout" a household term. It documents a history of ambition, excessive fees, and "strategic" gifts to bankers, public officials, members of the press, and others. It is the shocking indictment of a Wall Street money machine spinning out of control. The book is fascinating reading on financial history and the misuse of power.