Private Empire Exxonmobil and American Power (Hardcover)
|Author: Steve Coll|
|Two-time Pulitzer Prize winner Coll goes deep inside ExxonMobil Corp, the largest and most powerful private corporation in the United States, revealing the true extent of its political and economic power.|
From the Publisher:
Two-time Pulitzer Prize winner Steve Coll goes deep inside ExxonMobil Corp, the largest and most powerful private corporation in the United States
In Private Empire, Steve Coll investigates the notoriously secretive ExxonMobil Corporation, revealing the true extent of its power. ExxonMobil's annual revenues are larger than the economic activity in the great majority of countries, equivalent to the GDP of Norway. In many of the countries where it conducts business, ExxonMobil's sway over politics and security is greater than that of the United States embassy. In Washington, ExxonMobil spends more money lobbying Congress and the White House than any other corporation. Yet despite its outsized influence, it is a black box.
Private Empire begins with the Exxon Valdez accident in 1989 and closes with the Deepwater Horizon oil spill in the Gulf of Mexico in 2010. The narrative spans the globe, taking readers to Moscow, impoverished African capitals, Indonesia, and elsewhere in heart- stopping scenes that feature kidnapping cases, civil wars, and high- stakes struggles at the Kremlin. At home, Coll goes inside ExxonMobil's K Street office and corporation headquarters in Irving, Texas, where top executives in the "God Pod" (as employees call it) oversee an extraordinary corporate culture of discipline and secrecy.
The action is driven by larger than life characters, including corporate legend Lee "Iron Ass" Raymond, ExxonMobil's chief executive until 2005. A close friend of Dick Cheney's, Raymond was both the most successful and effective oil executive of his era and an unabashed skeptic about climate change and government in all its aspects. The larger cast includes Raymond's successor, Rex Tillerson, who broke with Raymond and tried to reset ExxonMobil's public image; as well as the countless world leaders, plutocrats, dictators, guerrillas, and corporate scientists who are part of ExxonMobil's colossal story.
The first hard-hitting examination of ExxonMobil, Private Empire is the masterful result of Steve Coll's indefatigable reporting. He draws here on more than four hundred interviews; field reporting from the halls of Congress to the oil-laden swamps of the Niger Delta; more than one thousand pages of previously classified U.S. documents obtained under the Freedom of Information Act; heretofore unexamined court records; and many other sources. A penetrating, newsbreaking study, Private Empire will be the definitive portrait of ExxonMobil.
Private Empire by Steve Coll - Book Review
By: ManOfLaBook.com Blogcritics.org Reviews
Published on: 5/8/2012 12:25 PM
|Private Empire: ExxonMobil and American Power by Steve Coll is a non-fiction book about the influence the oil giant exercises over the world economy and politics. The book covers many aspects of the company’s agenda, whether it be science or politics, with clarity and zest. The book is composed of 28 chapters, including excellent footnotes and is divided into two parts. Part I is called The End of Easy Oil and part II is called The Risk Cycle. Instead of devoting another whole book (or two) for the complete history of the company, Mr. Coll chose to start with the Exxon Valdez incident in March 1989, which shaped the company as we know it today....read the full review|