Arrogance and Accords: The Inside Story of the Honda Scandal

Arrogance and Accords: The Inside Story of the Honda Scandal

Business books are not supposed to be fun; they aren't supposed to rollick like this one does. But ironic, fascinating and entertaining, Arrogance and Accords is a great read. - Toronto Star

Arrogance and Accords is often fascinating, always compelling. It should be required reading in business-ethics courses. Maybe some of Honda's former executives could teach the classes as part of their work-release program. - Car and Driver

It just doesn't get any better than this…the real down-and-dirty workings of the car business – at its best, and worst. – San Antonio Express-News

Very well written and raucously funny. – Milwaukee Journal

Steve Lynch, a former Honda marketing exec and author of Arrogance and Accords: The Inside Story of the Honda Scandal, describes a scene in this book in such extraordinary detail that it stays with the reader throughout the 300-plus pages that chronicles the largest commercial corruption case in U.S…Lynch tells the sordid tale with a perspective and authority that only he can provide - the Santa Paula dealership, for example. Lynch was there, and he confesses that "he was no choir boy. – Autoweek

Between 1994 and 1997, 18 former executives of American Honda Motor Company, along with four other people, were convicted on federal fraud and racketeering charges. Over a 15-year period, a gang of greedy Honda officials had received over $50 million in cash and gifts from automobile dealers eager to obtain additional hot-selling Honda cars and franchises. The ill-gotten booty included briefcases stuffed with up to $750,000 in cash, palatial homes, luxury German automobiles, secret ownership in dealerships and other businesses, and Hong Kong shopping sprees. When the market softened in the early 1990s, the high-rolling executives, led by Honda's charismatic national sales manager, switched to embezzling money from the corporation.

Honda belatedly fired the managers in 1992 and tried to keep the scandal under wraps - until an ambitious small town Assistant U.S. Attorney decided to investigate. Federal prosecutors deemed it the largest commercial corruption case in U.S. history. Eighteen never-before arrested American Honda executives were convicted, as was the nation's largest automobile dealer. Most went to prison.

This book is both a true crime story and a look inside one of the world's most respected companies. It details the key characters and their shady dealings, along with the internal and FBI investigations, and reveals the corporate culture that allowed the pandemic payola to flourish for so long.

Written by Steve Lynch, a former top Honda marketing executive, Arrogance and Accords is an insightful, often hilarious tale of greed, ignored whistle-blowers, unethical lawyers, paranoid Japanese managers, and the raucous federal trial of two of the officials who decided to fight the charges.

Told as only an insider could, Arrogance and Accords is written with authority and style by someone who was in the thick of the action.

Originally published as a hard copy book in 1997, this digital edition also chronicles the related activities that have occurred after the original edition was published.
Country USA
Manufacturer Pecos Press
Binding Kindle Edition
ReleaseDate 2016-04-12
Format Kindle eBook

Country	USA
Manufacturer	Pecos Press
Binding	Kindle Edition
ReleaseDate	2016-04-12
Format	Kindle eBook

Arrogance and Accords: The Inside Story of the Honda Scandal

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