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A First-Class Catastrophe

Author : Diana B. Henriques
Publisher : Henry Holt
Page : 416 pages
File Size : 41,15 MB
Release : 2017-09-19
Category : Business & Economics
ISBN : 1627791647

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"The definitive account of the crash of 1987, a cautionary tale of how the U.S. financial system nearly collapsed ... Monday, October 19, 1987, was by far the worst day in Wall Street history. The market fell 22.6 percent--almost twice as bad as the worst day of 1929--equal to a loss of nearly 5,000 points today. But Black Monday was more than just a one-day market crash; it was seven years in the making and threatened the entire U.S. financial system. Drawing on superlative archival research and dozens of original interviews, the award-winning financial journalist Diana B. Henriques weaves a tale of ignored warnings, market delusions, and destructive decisions, a drama that stretches from New York and Washington to Chicago and California. Among the central characters are pension fund managers, bank presidents, government regulators, exchange executives, and a pair of university professors whose bright idea for reducing risk backfires with devastating consequences. As the story hurtles toward a terrible reckoning, the players struggle to avoid a national panic, and unexpected heroes step in to avert total disaster. For thirty years, investors, bankers, and regulators have failed to heed the lessons of Black Monday. But with uncanny precision, all the key fault lines of the devastating crisis of 2008--breakneck automation, poorly understood financial products fueled by vast amounts of borrowed money, fragmented regulation, gigantic herdlike investors--were first exposed as hazards in 1987. A First-Class Catastrophe offers a new way of looking not only at the past but at our financial future as well."--Dust jacket.

Black Monday

Author : Tim Metz
Publisher : Beard Books
Page : 272 pages
File Size : 32,71 MB
Release : 2003
Category : Business & Economics
ISBN : 9781587982149

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Detailed reading about the events and factors involved in the devastating stock market crash of October 19, 1987.

The Lighthouse Keeper's Catastrophe

Author : Ronda Armitage
Publisher : Scholastic UK
Page : 36 pages
File Size : 12,67 MB
Release : 2014-09-04
Category : Juvenile Fiction
ISBN : 1407151886

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Once there was a lighthouse keeper called Mr. Grinling. At night time he lived in a small white cottage perched high on the cliffs, and in the daytime he rowed out to his lighthouse to clean and polish the light. When Mr Grinling locks himself out of the lighthouse, he tries everything to get back inside! Available for the first time as an e-book.

The Cure for Catastrophe

Author : Robert Muir-Wood
Publisher : Basic Books
Page : 370 pages
File Size : 50,12 MB
Release : 2016-09-06
Category : Nature
ISBN : 0465096476

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We can't stop natural disasters but we can stop them being disastrous. One of the world's foremost risk experts tells us how. Year after year, floods wreck people's homes and livelihoods, earthquakes tear communities apart, and tornadoes uproot whole towns. Natural disasters cause destruction and despair. But does it have to be this way? In The Cure for Catastrophe, global risk expert Robert Muir-Wood argues that our natural disasters are in fact human ones: We build in the wrong places and in the wrong way, putting brick buildings in earthquake country, timber ones in fire zones, and coastal cities in the paths of hurricanes. We then blindly trust our flood walls and disaster preparations, and when they fail, catastrophes become even more deadly. No society is immune to the twin dangers of complacency and heedless development. Recognizing how disasters are manufactured gives us the power to act. From the Great Lisbon Earthquake of 1755 to Hurricane Katrina, The Cure for Catastrophe recounts the ingenious ways in which people have fought back against disaster. Muir-Wood shows the power and promise of new predictive technologies, and envisions a future where information and action come together to end the pain and destruction wrought by natural catastrophes. The decisions we make now can save millions of lives in the future. Buzzing with political plots, newfound technologies, and stories of surprising resilience, The Cure for Catastrophe will revolutionize the way we conceive of catastrophes: though natural disasters are inevitable, the death and destruction are optional. As we brace ourselves for deadlier cataclysms, the cure for catastrophe is in our hands.

Flight 232: A Story of Disaster and Survival

Author : Laurence Gonzales
Publisher : W. W. Norton & Company
Page : 375 pages
File Size : 31,50 MB
Release : 2014-07-07
Category : Transportation
ISBN : 0393244148

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"A richly detailed story that is equal parts heartbreaking, inspiring…and full of fascinating science…masterful." —San Francisco Chronicle As hundreds of rescue workers waited on the ground, United Airlines Flight 232 wallowed drunkenly over the bluffs northwest of Sioux City. The plane slammed onto the runway and burst into a vast fireball. The rescuers didn't move at first: nobody could possibly survive that crash. And then people began emerging from the summer corn that lined the runways. Miraculously, 184 of 296 passengers lived. No one has ever attempted the complete reconstruction of a crash of this magnitude. Drawing on interviews with hundreds of survivors, crew, and airport and rescue personnel, Laurence Gonzales, a commercial pilot himself, captures, minute by minute, the harrowing journey of pilots flying a plane with no controls and flight attendants keeping their calm in the face of certain death. He plumbs the hearts and minds of passengers as they pray, bargain with God, plot their strategies for survival, and sacrifice themselves to save others. Ultimately he takes us, step by step, through the gripping scientific detective work in super-secret labs to dive into the heart of a flaw smaller than a grain of rice that shows what brought the aircraft down. An unforgettable drama of the triumph of heroism over tragedy and human ingenuity over technological breakdown, Flight 232 is a masterpiece in the tradition of the greatest aviation stories ever told.

Disaster Capitalism

Author : Antony Loewenstein
Publisher : Verso Books
Page : 435 pages
File Size : 17,66 MB
Release : 2015-09-15
Category : Political Science
ISBN : 1784781177

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Disaster has become big business. Best-selling journalist Antony Loewenstein travels across Afghanistan, Pakistan, Haiti, Papua New Guinea, the United States, Britain, Greece, and Australia to witness the reality of disaster capitalism. He discovers how companies cash in on organized misery in a hidden world of privatized detention centers, militarized private security, aid profiteering, and destructive mining. What emerges through Loewenstein's reporting is a dark history of multinational corporations that, with the aid of media and political elites, have grown more powerful than national governments. In the twenty-first century, the vulnerable have become the world's most valuable commodity.

Catastrophe Disentanglement

Author : E. M. Bennatan
Publisher : Pearson Education
Page : 392 pages
File Size : 41,24 MB
Release : 2006-04-11
Category : Computers
ISBN : 0132702355

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“There are many books available on software risks and software failures. There are very few books that provide step-by-step information on getting troubled software projects back on track. This book provides detailed guidelines for software project recovery. Some of the steps the author recommends may be unpleasant, but all are important.” —Capers Jones, chief scientist emeritus at Software Productivity Research LLC “This is a well-conceived, well-written, interesting book about an important topic. The author is right in saying that no one else has covered this particular facet of project failure.” —Robert L. Glass, publisher of the Software Practitioner A 10-STEP PROCESS TO IDENTIFY SEVERELY TROUBLED PROJECTS AND AVOID COSTLY FAILURE It’s a software development nightmare: a project that’s rapidly spiraling out of control...or already a disaster. Conventional project management techniques won’t save these projects: there are no standard rescue processes to follow. You need something radically different: Catastrophe Disentanglement. Drawing on in-depth data from hundreds of development organizations, E.M. Bennatan presents a proven, 10-step program for rescuing any project that’s worth saving. You’ll find specific guidance for addressing massive budget overruns, schedule slippage, poor quality—or all three at once. Using practical examples drawn from decades of hands-on experience as a software development leader and consultant, Bennatan shows how to Evaluate where your project really stands Align your project’s developers, managers, and customers Defi ne the minimum acceptable project goals that are achievable Replan your project to successfully deliver the new minimum goals Identify risks in your revised project and create effective contingency plans Install an “early warning system” to keep your rescued project from slipping back toward catastrophe Catastrophe Disentanglement is an effective, comprehensive approach to software project rescue. Whenever projects are in trouble—whether you are a senior manager, project manager, team member, or software customer—this book could save your career. Preface xi Chapter 1 An Introduction to Catastrophe Disentanglement 1 Chapter 2 When Is a Project a Catastrophe? 15 Chapter 3 Step 1–Stop 43 Chapter 4 Step 2–Assign an Evaluator 57 Chapter 5 Step 3–Evaluate the Project 73 Chapter 6 Step 4–Evaluate the Team 95 Chapter 7 Step 5–Define Minimum Goals 113 Chapter 8 Step 6–Can Minimum Goals Be Achieved? 133 Chapter 9 Step 7–Rebuild the Team 147 Chapter 10 Step 8–Risk Analysis 169 Chapter 11 Step 9–Revise the Plan 189 Chapter 12 Step 10–Create an Early Warning System 209 Chapter 13 Epilogue: Putting the Final Pieces in Place 233 References 245 Glossary 255 About the Author 257 Index 259 © Copyright Pearson Education. All rights reserved.

How to Avoid a Climate Disaster

Author : Bill Gates
Publisher : Vintage
Page : 201 pages
File Size : 35,33 MB
Release : 2021-02-16
Category : Science
ISBN : 0385546149

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#1 NEW YORK TIMES BEST SELLER • In this urgent, authoritative book, Bill Gates sets out a wide-ranging, practical—and accessible—plan for how the world can get to zero greenhouse gas emissions in time to avoid a climate catastrophe. Bill Gates has spent a decade investigating the causes and effects of climate change. With the help of experts in the fields of physics, chemistry, biology, engineering, political science, and finance, he has focused on what must be done in order to stop the planet's slide to certain environmental disaster. In this book, he not only explains why we need to work toward net-zero emissions of greenhouse gases, but also details what we need to do to achieve this profoundly important goal. He gives us a clear-eyed description of the challenges we face. Drawing on his understanding of innovation and what it takes to get new ideas into the market, he describes the areas in which technology is already helping to reduce emissions, where and how the current technology can be made to function more effectively, where breakthrough technologies are needed, and who is working on these essential innovations. Finally, he lays out a concrete, practical plan for achieving the goal of zero emissions—suggesting not only policies that governments should adopt, but what we as individuals can do to keep our government, our employers, and ourselves accountable in this crucial enterprise. As Bill Gates makes clear, achieving zero emissions will not be simple or easy to do, but if we follow the plan he sets out here, it is a goal firmly within our reach.

Trapped Under the Sea

Author : Neil Swidey
Publisher : Crown
Page : 434 pages
File Size : 30,97 MB
Release : 2014-02-18
Category : History
ISBN : 0307886743

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The harrowing story of five men who were sent into a dark, airless, miles-long tunnel, hundreds of feet below the ocean, to do a nearly impossible job—with deadly results A quarter-century ago, Boston had the dirtiest harbor in America. The city had been dumping sewage into it for generations, coating the seafloor with a layer of “black mayonnaise.” Fisheries collapsed, wildlife fled, and locals referred to floating tampon applicators as “beach whistles.” In the 1990s, work began on a state-of-the-art treatment plant and a 10-mile-long tunnel—its endpoint stretching farther from civilization than the earth’s deepest ocean trench—to carry waste out of the harbor. With this impressive feat of engineering, Boston was poised to show the country how to rebound from environmental ruin. But when bad decisions and clashing corporations endangered the project, a team of commercial divers was sent on a perilous mission to rescue the stymied cleanup effort. Five divers went in; not all of them came out alive. Drawing on hundreds of interviews and thousands of documents collected over five years of reporting, award-winning writer Neil Swidey takes us deep into the lives of the divers, engineers, politicians, lawyers, and investigators involved in the tragedy and its aftermath, creating a taut, action-packed narrative. The climax comes just after the hard-partying DJ Gillis and his friend Billy Juse trade assignments as they head into the tunnel, sentencing one of them to death. An intimate portrait of the wreckage left in the wake of lives lost, the book—which Dennis Lehane calls "extraordinary" and compares with The Perfect Storm—is also a morality tale. What is the true cost of these large-scale construction projects, as designers and builders, emboldened by new technology and pressured to address a growing population’s rapacious needs, push the limits of the possible? This is a story about human risk—how it is calculated, discounted, and transferred—and the institutional failures that can lead to catastrophe. Suspenseful yet humane, Trapped Under the Sea reminds us that behind every bridge, tower, and tunnel—behind the infrastructure that makes modern life possible—lies unsung bravery and extraordinary sacrifice.

Imperiled Life

Author : Javier Sethness
Publisher : AK Press
Page : 150 pages
File Size : 48,83 MB
Release : 2012-06-26
Category : Nature
ISBN : 1849351066

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Imperiled Life theorizes an exit from the potentially terminal consequences of capital-induced climate change. It is a collection of reflections on the phenomenon of catastrophe—climatological, political, social—as well as on the possibilities of overcoming disaster. Javier Sethness-Castro presents the grim news from contemporary climatologists while providing a reconstructive vision inspired by anarchist intellectual traditions and promoting critical thought as a means of changing our historical trajectory. Javier Sethness-Castro is a libertarian socialist and a rights advocate. Imperiled Life is his first book.