McColl: The Man with America's Money
Author | : | |
Rating | : | 4.41 (835 Votes) |
Asin | : | 1563525399 |
Format Type | : | paperback |
Number of Pages | : | 656 Pages |
Publish Date | : | 2014-12-01 |
Language | : | English |
DESCRIPTION:
Although the merged company took the B-of-A name, Yockey makes it clear that McColl was the ultimate victor. Yockey merely celebrates his subject as the epitome of boom-time success. Much in McColl's life and career is raw material for a good story, but Yockey barely stops short of hero worship and always puts McColl in the best possible light. (Oct.) Copyright 1999 Reed Business Information, Inc. From Publishers Weekly Too long and too soft on its subject, this account of the rise of Hugh McColl is entertaining even though Yockey sticks too close to the point of view of McColl, the man who created the first national bank when he joined his Nationsbank with Bank of America. . Given what appears to be unlimited access to McColl, Yockey describes the deal making that helped McColl turn a sleepy local bank in Charlotte, N.C., into a powerhouse in the state and then into a dominant regional bank. To this
Review From Business Week, November 15, 1999 In the late 1950s, Hugh L. McColl Jr.'s father told him: ''Son, you don't have the brains to be a farmer. You'd better be a banker.'' Bad call. If Dad had hired Hugh Jr. to run the family farm, history might have been different--and the elder McColl might have wound up owning the next ConAgra Inc. Instead, McColl's desire to prove himself supplied the motivation to turn a sleepy Southern institution into the nation's first true coast-to-coast bank. . A Customer said This is no dull business book. Great adventure story-. Who'd want to read a 600-page story about a banker? Hugh McColl is one banker we could all learn from. And since one out of three American families does business with McColl's great big bank, we stand to lose if we don't understand how he came to be "the man with America's money."This is no dull business book. From Page One, where you meet a man in his underwear contemplating the nature of power and loyalty, you start having trouble putting it down.. "A former colleague of McColl's comments on the book" according to A Customer. "McColl is a fascinating and inspiring book about the transformation of the Banking industry during the final one third of the 20th century, and the person who is credited more than any other with making that happen.Hugh McColl is portrayed as a man who is brilliant in intellect, a hard charging maverick who frequently steps on toes; knows his strengths and how to play to them; and is a master strategist and tactician when "in combat" (50 or so acqu
A swashbuckling biography of Bank of America CEO Hugh McColl and the banking empire he created.