The Best Business Writing 2012 reflects the year's most intriguing reporting and rigorous investigative journalism at a time of dramatic economic crisis and upheaval. Covering bad business behavior, the intersection of politics and money, and big-picture analysis, the volume fills a longstanding gap for those seeking diverse, enriching, and lively perspectives on the business world. This year's selections include Rolling Stone's profile of Don Blankenship and his brutal tenure as CEO of Massey Energy; the Guardian's groundbreaking and courageous investigation into the News of the World phone-hacking scandal and its indictment of the Rupert Murdoch media empire; and the Milwaukee Journal Sentinel's poignant account of the fatal consequences of federal deregulation in health and medicine. Two searing pieces on the ongoing mortgage scandal, one a hard look at the role of Merrill Lynch in inflating the housing bubble for its own gain and so bringing about its own destruction, and the other a detailed breakdown of Countrywide's malfeasance, provide critical context for the financial crisis; while articles on recoveries in Norway, Germany, and elsewhere examine the global recession. Additional articles tackle bank fees and bailouts, the Buffett Rule, the influence of the corporate lobby, the legacy of Alan Greenspan, and the future of the American auto industry, and provide intimate looks behind the scenes of such companies as Pfizer, Google, and IKEA. Contributors include Warren Buffett, Paul Krugman, Gretchen Morgenson, Steve Pearlstein, James B. Stewart, Matt Taibbi, and Martin Wolf.
IntroductionPart I. Bad Business1. The Dark Lord of Coal Country, by Jeff Goodell2. Missing Milly Dowler's Voicemail Was Hacked by News of the World, by Nick Davies and Amellia Hill3. Phone-Hacking Crisis Shows News Corp Is No Ordinary News Company, by Jay Rosen4. The Bugger, Bugged, by Hugh Grant5. A Case of Shattered Trust, by Raquel Rutledge and Rick BarrettPart II. The Financial System and Its Discontents6. The "Subsidy": How a Handful of Merrill Lynch Bankers Helped Blow Up Their Own Firm, by Jake Bernstein and Jesse Eisinger7. Countrywide Protected Fraudsters by Silencing Whistleblowers, Say Former Employees, by Michael Hudson8. Curse the Geniuses Who Gave Us Bank of America, by Jonathan Weil9. Is the SEC Covering Up Wall Street Crimes?, by Matt Taibbi10. In Financial Crisis, No Prosecutions of Top Figures, by Gretchen Morgenson and Louise StoryPart III. Over There11. Time for Germany to Make Its Fateful Choice, by Martin Wolf12. In Norway, Start-Ups Say Ja to Socialism, by Max ChafkinPart IV. Politics and Money13. Swiped: Banks, Merchants, and Why Washington Doesn't Work for You, by Zach Carter and Ryan Grim14. Stop Coddling the Super-Rich, by Warren Buffett15. Blame for the Financial Mess Starts with the Corporate Lobby, by Steven Pearlstein16. Nine Things the Rich Don't Want You to Know About Taxes, by David Cay Johnston17. The Hijacked Crisis, by Paul Krugman18. Greenspan, Rubin, and a Roomful of Hypocrites, by Morgan HouselPart V. The Big Picture19. The Rise of the New Global Elite, by Chrystia Freeland20. Can the World Still Feed Itself?, by Brian M. Carney21. Law School Economics: Ka-Ching!, by David Segal22. When Patents Attack!, by Alex Blumberg and Laura Sydell23. The Illusions of Psychiatry, by Marcia Angell24. From Inside Job, by Charles Ferguson, Adam Bolt, and Chad BeckPart VI. Corporate Stories25. Inside Pfizer's Palace Coup, by Peter Elkind and Jennifer Reingold, with Doris Burke26. It Knows, by Daniel Soar27. Innovators Don't Ignore Customers, by John Gapper28. House Perfect, by Lauren Collins29. Voting to Hire a Chief Without Meeting Him, by James B. Stewart30. How Ford Became Last Man Standing, by Bernie Woodall and Kevin Krokicki31. What Made Steve Jobs So Great?, by Cliff KuangPermissionsList of Contributors
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