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A WORD ABOUT MY PREVIOUS BOOKS "SELLING MONEY" AND "OUTLAW BANK"

Readers who know me from "Empire of the Summer Moon" may be surprised to discover that my previous books are quite different--not at all the sort of American history that they might be expecting. I wanted to add a note of explanation. For most of my career I have been a working journalist for various publications, especially Time Magazine and Texas Monthly. These other books grew directly from my journalistic/magazine work. In the case of "Selling Money," I had written a story for Harper's magazine about my years in the banking business. The story attempted to explain the rather dire $600 billion debit crisis the world was then in the throes of in terms of my own career as an international banker. The story got some national attention and led to a book contract with Simon and Schuster (it later migrated to Weidenfeld and Nicholson). The book was essentially just a drawn out version of the Harper's piece. "Outlaw Bank" was the direct product of more than twenty stories that Jonathan Beaty and I did for Time in the early 1990s on BCCI, which was at the time the largest financial fraud in history. In July 1991the bank was seized globally. That same month Jonathan and I had a cover story in Time and that led directly to a contract to write a book for Random House.

Though I delve into some history in both books, neither one would be considered history in the way that "Empire" is. The latter is really my first shot at writing pure history.

S.C. Gwynne


 

 

 

 

 

 

 

*     Pulitzer Prize Finalist     *     National Book Critics Circle Award Finalist     *

 

*     WINNER - Texas Book Award and the Oklahoma Book Award     *

 

EMPIRE OF THE SUMMER MOON

By S. C. Gwynne

S. C. Gwynne’s Empire of the Summer Moon spans two astonishing stories. The first traces the rise and fall of the Comanches, the most powerful Indian tribe in American history. The second entails one of the most remarkable narratives ever to come out of the Old West: the epic saga of the pioneer woman Cynthia Ann Parker and her mixed-blood son Quanah, who became the last and greatest chief of the Comanches.

Against this backdrop Gwynne presents the compelling drama of Cynthia Ann Parker, a lovely nine-year-old girl with cornflower-blue eyes who was kidnapped by Comanches from the far Texas frontier in 1836. She grew to love her captors and became infamous as the "White Squaw" who refused to return until her tragic capture by Texas Rangers in 1860. More famous still was her son Quanah, a warrior who was never defeated and whose guerrilla wars in the Texas Panhandle made him a legend.

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THE OUTLAW BANK: A WILD RIDE INTO THE SECRET HEART OF BCCI

By S. C. Gwynne & Jonathan Beaty

 

The latest chronicle of the Bank of Credit and Commerce International (BCCI) is "about the biggest bank fraud in the history of the world," write the authors, reporters for Time magazine. They have tracked the story much as Woodward and Bernstein sniffed out Watergate. While there is some overlap between this and two previous BCCI books (James Adams's A Full Service Bank , LJ 3/1/92, and Mark Potts's Dirty Money , LJ 5/1/92), this one gives a far-ranging overview of BCCI's origins, how it became a financial powerhouse, and how it fell apart. Some of the new revelations indicate a major cover-up involving the U.S. government; there is a great deal of cloak-and-dagger activity involving late-night meetings and anonymous high-level government sources (one named Condor, who is reminiscent of Deep Throat during Watergate). Given the scope of this scandal and the ongoing investigations, more books on BCCI are sure to be written, but this is probably the best now available for general readers on the subject.

 

Previewed in Prepub Alert, LJ 11/1/92.—Richard Drezen, Merrill Lynch Lib., New York
(c) Copyright 1993 Reed Business Information, Inc.

 

 
   

 

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SELLING MONEY

By S. C. Gwynne

 

Gwynne's funny, often astonishing, tale of a youth spent lending American money south of the equator adds a much-needed dash of color to what is now the dreary and all-too-familiar story of how bankers led the Third World and the industrialized world alike into the sorry mess we now know as the international debt crisis. Furthermore, his experience as a former insider at Cleveland Trust, a "regional' bank, enables him to explain the perspective of banks other than the big money-center operations that dominate finance in New York, Chicago, and California. The big boys' activities in Latin America and elsewhere are more publicized, but the smaller regional banks' role in the lending boom and the debt crisis was in many ways just as important. Collectively, the regionals constitute a major power bloc; they hold 43 percent of the total foreign debt owed to our banks. (The top 15 banks have the rest.)

 

   
 
 

 

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