Private Empire: ExxonMobil and American Power

Private Empire: ExxonMobil and American Power

Winner of the Financial Times and Goldman Sachs Business Book of the Year Award 2012

An â€œextraordinaryâ€ and â€œmonumentalâ€ exposÃ© of Big Oil from two-time Pulitzer Prize winner Steve Coll (The Washington Post)

In Private Empire Steve Coll investigates the largest and most powerful private corporation in the United States, revealing the true extent of its power. ExxonMobilâ€™s annual revenues are larger than the economic activity in the great majority of countries. In many of the countries where it conducts business, ExxonMobilâ€™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 almost any other corporation. Yet despite its outsized influence, it is a black box.

Private Empire pulls back the curtain, tracking the corporationâ€™s recent history and its central role on the world stage, beginning with the Exxon Valdez accident in 1989 and leading to the Deepwater Horizon oil spill in the Gulf of Mexico in 2010. The action spans the globe, moving from Moscow, to 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 ExxonMobilâ€™s K Street office and corporation headquarters in Irving, Texas, where top executives in the â€œGod Podâ€ (as employees call it) oversee an extraordinary corporate culture of discipline and secrecy.

The narrative is driven by larger than life characters, including corporate legend Lee â€œIron Assâ€ Raymond, ExxonMobilâ€™s chief executive until 2005. A close friend of Dick Cheneyâ€™s, Raymond was both the most successful and effective oil executive of his era and an unabashed skeptic about climate change and government regulation.. This position proved difficult to maintain in the face of new science and political change and Raymondâ€™s successor, current ExxonMobil chief executive Rex Tillerson, broke with Raymondâ€™s programs in an effort to reset ExxonMobilâ€™s public image. The larger cast includes countless world leaders, plutocrats, dictators, guerrillas, and corporate scientists who are part of ExxonMobilâ€™s colossal story.

The first hard-hitting examination of ExxonMobil, Private Empire is the masterful result of Collâ€™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 is a defining portrait of ExxonMobil and the place of Big Oil in American politics and foreign policy.
Country USA
Brand Penguin Press
Manufacturer The Penguin Press
Binding Hardcover
ItemPartNumber 1594203350_Good
ReleaseDate 2012-05-01
UnitCount 1
EANs 9781594203350

Country	USA
Brand	Penguin Press
Manufacturer	The Penguin Press
Binding	Hardcover
ItemPartNumber	1594203350_Good
ReleaseDate	2012-05-01
UnitCount	1
EANs	9781594203350

Private Empire: ExxonMobil and American Power

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