Thriving in the New Economy

Survive and thrive in today's economy

These are make-or-break times for business leaders. In today's defining moment, the "New Economy," CEOs and other leaders in a wide variety of industries must face unprecedented conditions.

Thriving in the New Economy gives you a unique look into some of today's best economic and business minds. A series of close profiles, the book offers inspirational personal stories, useful advice, and actionable strategies you can use immediately to skirt financial peril, seize opportunities, and flourish in the New Economy.

• Profiles include financial publisher Steve Forbes, The Vanguard Group founder Jack Bogle, Former National Economic Council Director and Former Special Assistant to the President on Economic Policy Lawrence Lindsey, former FDIC chair Donald Powell, Saks CEO Steve Sadove, Toyota Motor Sales U.S.A. President Jim Lentz, legendary vulture investor Wilbur Ross and more
• Looks at how leaders in economics, banking, automobiles, real estate, and retail are not just avoiding the unraveling economy, but actively evolving and growing their businesses
• Foreword by H. Wayne Huizenga; Afterword by Rudy Giuliani

If you're looking for the way forward through today's business wilderness, Thriving in the New Economy lets you in on how some leaders use challenges not just to survive but thrive.

Foreword H. Wayne Huizenga ix

Preface xiii

Part One The Economy 1

Chapter 1 Larry Lindsey 3

Chapter 2 Steve Forbes 25

Chapter 3 David Malpass 31

Chapter 4 Jack Bogle 37

Chapter 5 Bob Doll 47

Chapter 6 Abby Joseph Cohen 59

Chapter 7 Paul McCulley 71

Chapter 8 Ron Baron 79

Chapter 9 Ken Langone 91

Chapter 10 Peter Cohen 99

Chapter 11 115

Chapter 12 Jerry York 117

Part Two Banking 123

Chapter 13 Kelly King 125

Chapter 14 Donald Powell 141

Chapter 15 Cam Fine 149

Chapter 16 Donald Marron 165

Part Three Real Estate 177

Chapter 17 Richard LeFrak 179

Chapter 18 Don Peebles 189

Chapter 19 Ron Peltier 199

Part Four Autos 207

Chapter 20 Mike Jackson 209

Chapter 21 Jim Lentz 215

Chapter 22 Gerald Greenwald 225

Part Five Retail 239

Chapter 23 Steve Sadove 241

Part Six Opportunities 249

Chapter 24 Wilbur Ross 251

Epilogue 265

Afterword Mayor Rudy Giuliani 267

Acknowledgments 271

About the Author 273

Index 275

LORI ANN LAROCCO is Senior Talent Producer at CNBC and one of the producers of the CNBC show Squawk Box.

The world's top business leaders help you survive and thrive in today's economy

These are make-or-break times for business leaders and their organizations. Economic contraction and plummeting consumer confidence have made this a defining moment in the new economy. Whether you're a business owner, a manager, or a team leader—in any industry—you face unprecedented conditions and tough challenges daily.

Thriving in the New Economy gives you a unique look at what some of today's best economic and business minds are doing to stay ahead of the pack. Filled with profiles of top industry leaders, the book offers inspirational personal stories, useful advice, and actionable strategies you can use immediately to skirt financial peril, seize opportunities, and flourish in today's economy.

Take a tour inside the heads of some of the biggest names in business, including:

• Financial publisher Steve Forbes
• Vanguard Group founder Jack Bogle
• Former director of the National Economic Council Larry Lindsey
• Saks CEO Steve Sadove
• Toyota Motor Sales U.S.A. President Jim Lentz
• Renowned economist David Malpass
• Real estate industry leaders Don Peebles, Richard LeFrak, and Ron Peltier
• And many more!

With a Foreword by H. Wayne Huizenga, founder of Waste Management, Inc., Blockbuster Video, and AutoNation and owner of the Miami Dolphins and with an Afterword by former New York City mayor Rudy Giuliani, Thriving in the New Economy offers the kind of business and leadership wisdom you'll find nowhere else. If you're struggling to stay afloat in these rough economic waters, this book offers safe passage—and a competitive advantage.