Fixing the Game: Bubbles, Crashes, and What Capitalism Can Learn from the NFL
C**R
Great Read
Great read about the financial markets. This book is both detailed and readable, and the use of the NFL as a comparison worked the whole way through. This is the kind of book that you talk about in conversation, and is current even though it is a couple of years old already.
J**S
Superb
Roger Martin is a rare business leader of significant repute to call out our economic system as it is, and then offer tangible solutions that need to be taken very seriously. Anyone involved in capital markets needs to read this book. Seriously.
S**Y
Four Stars
I like the book its very interesting and I did not have problems with receiving my order.
R**R
Error correction
This is an important book for everyone who thinks the Occupy Wall Street movement (as I write the outcome of the movement is undecided) have at least some legitimate gripes against the recent performance of corporate CEOs - including but not limited to the Wall Street Financiers.Unlike many of the Occupiers, Mr. Martin does not think the root of the problem lies with capitalism or with the "1%" even though he readily acknowledges longer more tenacious difficulties than just the recent financial collapse which has spawned the Occupiers. Rather, he proposes the problem, or at least a good portion of it, can be traced back to a few critical errors initiated in the mid 1970s on compensating CEOs and senior corporate management. Exhibiting that rare commodity, common sense, he goes on to observe such errors can reasonably be expected from time to time (after all, CEOs, corporate board members and even academics like Mr. Martin are only human) and we should, therefore, have mechanisms in place to correct them - and not just the patchwork band-aid approach taken by recent governments. Not exactly earth shaking, is it?In his short, easily read book Mr. Martin deftly analyzes the corporate crisis from development to present day and puts forward several concrete solutions. Just in case we have difficulty following, he uses the National Football League and, to a lesser extent, major league baseball as nifty easy to understand models. In fact, the book is so plainly written it is tempting to dismiss it as just too simple to be meaningful in today's complex world. That would be a mistake.Mr. Martin does not and cannot solve everything in one small book but he does make a serious contribution. Whether or not you support the Occupiers, his book is worth a read.
V**N
Five Stars
A very insightful book on what's wrong with executive compensation and how it affects markets.
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