William D. Cohan
Born
in Worcester, MA, The United States
February 20, 1960
Website
Twitter
Genre
William D. Cohan isn't a Goodreads Author
(yet),
but they
do have a blog,
so here are some recent posts imported from
their feed.
![]() |
House of Cards: A Tale of Hubris and Wretched Excess on Wall Street
32 editions
—
published
2009
—
|
|
![]() |
Money and Power: How Goldman Sachs Came to Rule the World
15 editions
—
published
2011
—
|
|
![]() |
Power Failure: The Rise and Fall of an American Icon
|
|
![]() |
The Last Tycoons: The Secret History of Lazard Frères & Co.
25 editions
—
published
2007
—
|
|
![]() |
Four Friends: Promising Lives Cut Short
6 editions
—
published
2019
—
|
|
![]() |
Why Wall Street Matters
8 editions
—
published
2017
—
|
|
![]() |
The Price of Silence: The Duke Lacrosse Scandal, the Power of the Elite, and the Corruption of Our Great Universities
6 editions
—
published
2014
—
|
|
![]() |
The New Financial Deal: Understanding the Dodd-Frank Act and Its (Unintended) Consequences
by
14 editions
—
published
2010
—
|
|
![]() |
House of Cards
|
|
“In the past, when Michel had been asked about how the firm would manage without the prolific Felix, he would quote Georges Clemenceau, the French World War I leader: “The cemeteries are full of indispensable men.”
― The Last Tycoons: The Secret History of Lazard Frères & Co.
― The Last Tycoons: The Secret History of Lazard Frères & Co.
“John Myers, who spent thirty-seven years at GE, ran its pension fund for years, and sat on the GE Capital board, explained to me the keys to the success of GE Capital: GE’s AAA credit rating, allowing it to borrow money very cheaply. “Banks weren’t even rated AAA at that time,” he said. “We borrowed money cheaper than anyone could.” GE could also use GE Capital to reduce the taxes GE would otherwise pay on earnings from its very profitable industrial businesses. Here’s how that worked: If, say, an airline bought a new jet, it would have an asset that would depreciate over time, and the airline could use the depreciation to reduce its taxable income. But, at that time anyway, most airlines didn’t make much money, if any, so the value of the depreciation deductions was of little use to them. But to GE, the depreciation—the tax deductions—would be very valuable as a way to reduce GE’s pretax income and therefore to pay less in taxes. With that logic, GE Capital would buy the jets, lease them to the airlines at commercially attractive rates, and then use the depreciation on the jets to reduce the pretax income at GE.”
― Power Failure: The Rise and Fall of an American Icon
― Power Failure: The Rise and Fall of an American Icon
“Please remember that our time on this Earth is not guaranteed. Please tell those you love that you do. Right now. This very minute. —SOPHIA BUSH”
― Four Friends: Promising Lives Cut Short
― Four Friends: Promising Lives Cut Short
Topics Mentioning This Author
topics | posts | views | last activity | |
---|---|---|---|---|
The Next Best Boo...:
![]() |
20235 | 14520 | May 30, 2013 12:53PM | |
Busy as a Bee Books: 7/9/19: Book News | 7 | 6 | Jul 18, 2019 08:14PM | |
Cozy Mysteries : Seasonal Challenge: Summer 2020 | 59 | 147 | Sep 02, 2020 03:34AM |
Is this you? Let us know. If not, help out and invite William to Goodreads.