Friday, January 20, 2012 |
On January 23, CBC Radio is launching a new show, Type A. Hosted by political strategist Rod Love and TV producer and columnist Karin Klassen, Type A is about the bottom line. The show will look at what it will take for Canada to be a prosperous country and at the personalities who are working hard to make this happen.
Type A will air on Mondays at 2 p.m. (2:30 p.m. in Newfoundland) and Fridays at 8 p.m. (8:30 p.m. in Newfoundland) from January 23 to March 26.
With decades of economic know-how between them, Rod and Karin are the perfect people to turn to for recommended reading. CBC books asked each of the Type A hosts to share a favourite business read with us.
Rod Love recommends Conspiracy of Fools by Kurt Eichenwald:
Enron was the warning that no one heeded. The Texas-based energy, commodities and services company collapsed in 2001 in a spectacular implosion that took down banks, giant consulting companies, hundreds of suppliers and wiped out hundreds of millions of dollars in savings from tens of thousands of investors. Long before the financial collapse of 2008, the collapse of Enron should have been recognized as a warning of what was to come, but neither Wall Street nor Washington D.C. would listen. In his book Conspiracy of Fools, award-winning New York Times author Kurt Eichenwald goes to the heart of the rot in corporate America that let companies like Enron flourish, and then die. It is written like a novel, but it is all true.
Karin Klassen recommends The Big Short: Inside the Doomsday Machine by Michael Lewis
I don't find it's the nature of business books to be that "grabby"; I read them like I eat spinach because I know they're good for me and I have a need to know. There are also so many new business books that come out it seems almost daily, that I peruse synopses and read reviews thoroughly before I commit to taking one away for the weekend. The last book I read that I couldn't put down was The Big Short: Inside the Doomsday Machine (2010) by Michael Lewis. It's a description/explanation of the circumstances that caused the credit and housing bubble, and subsequent collapse. Not only is a very complex process laid out in an understandable way, but as described through gossipy details of the principal characters, it's also flat-out interesting. I started sharing juicy snippets of the book with my partner on a road trip to the mountains, and ended up reading the whole thing aloud. It was the fastest trip ever.
Want it? All you have to do is tell us what your all-time favourite business book is in the comments below. The winner will be chosen by a random draw. The complete rules and regulations are here. Submit your comments by midnight ET on Friday, February 3, to qualify. Good luck!