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When Mckinsey Comes to Town

When Mckinsey Comes to Town

The Hidden Influence of the World's Most Powerful Consulting Firm

by Walt Bogdanich and Michael Forsythe
Paperback
Publication Date: 03/10/2023

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McKinsey & Company is the most prestigious consulting company in the world, earning billions of dollars in fees from major corporations and governments that turn to it to maximize their profits and enhance efficiency. In When McKinsey Comes to Town, two prizewinning investigative journalists have written a portrait of the company sharply at odds with its public image. Often McKinsey's advice boils down to major cost-cutting, including layoffs and maintenance reductions, to drive up short-term profits, thereby boosting a company's stock price and the wealth of the executives who hire the firm, at the expense of workers and safety measures. And McKinsey collects millions of dollars advising the very government agencies that simultaneously regulate its corporate clients. Shielded by NDAs, McKinsey has escaped public scrutiny despite its role in advising tobacco and vaping companies, purveyors of opioids, repressive governments, and oil companies. It helped insurance companies boost their profits by making it incredibly difficult for accident victims to get payments and worked its U.S. government contacts to let Wall Street firms evade oversight. And much more, When McKinsey Comes to Town is a landmark work of investigative reporting that amounts to a devastating portrait of a firm whose work has often, made the world more unequal, more corrupt, and more dangerous.
ISBN:
9780593081877
9780593081877
Category:
Geopolitics
Format:
Paperback
Publication Date:
03-10-2023
Language:
English
Publisher:
Knopf Doubleday Publishing Group
Country of origin:
United States
Dimensions (mm):
203.2x132.08x19.81mm
Weight:
0.26kg
Walt Bogdanich

Walt Bogdanich is an investigative reporter for The New York Times. He has been awarded three Pulitzer Prizes for his investigative journalism. He previously produced stories for "60 Minutes," ABC News and The Wall Street Journal in New York and Washington. He has a B.A. in political science from the University of Wisconsin and a master's degree in journalism from Ohio State University.

Michael Forsythe

Michael Forsythe is an investigative reporter for The New York Times. At Forbes was part of a team that won the George Polk Award in 2013. Mr. Forsythe is a veteran of the U.S. Navy, where he served on ships in the Seventh Fleet. He has a B.A. in international economics from Georgetown University and a Master's degree in East Asian Studies from Harvard University. MICHAEL FORSYTHE is an investigative reporter for The New York Times. At Forbes was part of a team that won the George Polk Award in 2013. Mr. Forsythe is a veteran of the U.S. Navy, where he served on ships in the Seventh Fleet. He has a B.A. in international economics from Georgetown University and a Master's degree in East Asian Studies from Harvard University.

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