Who filled the trough? Who set the table at the banquet of greed? How has it been possible for corporate pigs to gorge themselves on grossly inflated pay packages and heaping helpings of stock options while the average American struggles to make do with their leftovers?
Provocative political commentator Arianna Huffington yanks back the curtain on the unholy alliance of CEOs, politicians, lobbyists, and Wall Street bankers who have shown a brutal disregard for those in the office cubicles and on the factory floors. As she puts it:
“The economic game is not supposed to be rigged like some shady ring toss on a carnival midway.” Yet it has been, allowing corporate crooks to bilk the public out of trillions of dollars, magically making our pensions and 401(k)s disappear and walking away with astronomical payouts and absurdly lavish perks-for-life.
The media have put their fingers on pieces of the sordid puzzle, but Pigs at the Trough presents the whole ugly picture of what’s really going on for the first time—a blistering, wickedly witty portrait of exactly how and why the worst and the greediest are running American business and government into the ground.
Tyco’s Dennis Kozlowski, Adelphia’s John Rigas, and the Three Horsemen of the Enron Apocalypse—Ken Lay, Jeff Skilling, and Andrew Fastow—are not just a few bad apples. They are manifestations of a megatrend in corporate leadership—the rise of a callous and avaricious mind-set that is wildly out of whack with the core values of the average American. WorldCom, Enron, Adelphia, Tyco, AOL, Xerox, Merrill Lynch, and the other scandals are only the tip of the tip of the corruption iceberg.
Making the case that our public watchdogs have become little more than obedient lapdogs, unwilling to bite the corporate hand that feeds them, Arianna Huffington turns the spotlight on the tough reforms we must demand from Washington. We need, she argues, to go way beyond the lame Corporate Responsibility Act if we are to stop the voracious corporate predators from eating away at the very foundations of our democracy.
Devastatingly funny and powerfully indicting, Pigs at the Trough is a rousing call to arms and a must-read for all those who are outraged by the scandalous state of corporate America.
Arianna Huffington is the cofounder and Editor-in-Chief of The Huffington Post, a nationally syndicated columnist, and the author of twelve books. She is also the cohost of Left, Right, and Center, public radio's popular political roundtable program. In 2006, Arianna Huffington was named to the Time 100, Time Magazine's list of the world's hundred most influential people. She has made guest appearances on numerous television shows, including The Oprah Winfrey Show, Nightline, Hardball with Chris Matthews, Today, Good Morning America, The Colbert Report, and the O'Reilly Factor. Originally from Greece, she moved to the United States when she was sixteen and graduated from Cambridge University with an M.A. in economics. She lives in Los Angeles with her two daughters.
“With a passion for the truth and an eye for detail, Arianna Huffington reports on the hijacking of democracy. Read it and weep—then head for the barricades. We have work to do.”
“A rousing call to action against special interests that have all too often triumphed over the national interest. As only she can, Arianna Huffington breathes energy and passion into the reform agenda. A withering, breathtaking, quintessentially controversial book that will inspire, inflame, and educate.”
—Senator John McCain
“Arianna Huffington has always been willing to speak and write with conviction about the world around her. Her sharp wit and thoughtful commentary help put issues on the agenda ignored by conventional thinkers. I’m certain, that with her powerful new book, Arianna Huffington will be stirring the waters for some time to come.”
—Senator John Kerry
“Arianna Huffington’s project in this wonderfully scathing, wonderfully researched, wonderfully readable book is to rescue capitalism from the CEOs. Every player in the recent go-go market owes it to himself or herself to read Pigs at the Trough and agitate for the reforms that might yet save the system. ”
—Arthur Schlesinger, Jr.
“Pigs at the Trough is a great read, hilarious and horrifying. Arianna Huffington is a world-class wit who makes a Fortune 500 trip to the woodshed seem like flirting.”
“Arianna Huffington has written the most entertaining tour guide to hell since Virgil led Dante through the Inferno. Crooked CEOs beware!”
“Wonderfully incendiary and right-headed . . .Huffington is mad as hell, and rightly so.”
“Huffington indicts with precision, verve, and sparkling wit.”
“Arianna Huffington makes an appealing and compelling argument for the repeal of human nature–that part of it that indulges savage, unconscionable, and despicable greed.”