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. He lives
in Port Washington, NY.
MICHAEL FORSYTHE is an investigative reporter for The New York
Times. At Bloomberg was part of a team that won the George Polk
Award in 2013. Mr. Forsythe is a veteran of the U.S. Navy. He has a
B.A. in international economics from Georgetown University and a
Master’s degree in East Asian Studies from Harvard University. He
lives in New York City.
New York Times Bestseller • A New York Times Book Review 100
Notable Books of the Year • One ofThe Washington Post's 50 Notable
Works of Nonfiction • Investigative Reporters & Editors 2022 award
winner for Best Investigative Book
“Deeply reported…The portrait this book creates is one of a company
chasing profits, spreading the gospel of downsizing and offshoring,
its leaders virtually unmoored form any guiding principles or moral
code…a clear and devastating picture of the management philosophy
that helped drive the decline of a stable American middle class
over the last 50 years.”
—The New York Times Book Review
“Walt Bogdanich and Michael Forsythe shatter the luminous image of
McKinsey & Co…In a masterful work of investigative journalism
building on their reporting for the New York Times, Bogdanich and
Forsythe pierce through McKinsey’s “culture of
secrecy...Superb"
—The Washington Post
“A harrowing account of decades of dishonourable exploits at
McKinsey.”
—The Economist
“The authors find McKinsey's fingerprints on most every major
corporate scandal of recent generations, from big tobacco starting
in the 1950s to big pharma in the years leading to the opioid
scandals. More striking is their effort to implicate the firm in a
long list of broader social and economic ills like income
inequality, the hollowing out of the middle class, and the
financial crisis of 2007-8….the evidence Bogdanich and Forsythe
amass is impressive….That McKinsey's deep connection to many of
these corporations and policies has not been well known is in part
a function of the firm's obsessive focus on secrecy, enforced
through a web of strict non-disclosure agreements. This makes the
reporting that went into "When McKinsey Comes to Town" all the more
remarkable.”
—Business Insider
“When McKinsey Comes to Town is highly informed, a fascinating
read. The authors, New York Times investigative reporters Walt
Bogdanich and Michael Forsythe, have done their homework.
They name names, connect dots and unearth documents. Sources speak
in Technicolor….Speaking to Bogdanich and Forsythe, one former
McKinsey consultant put the reach of the firm into some
perspective. Forget secret cabals, ‘illuminati, lizard people, or
globalists’ he said. Instead, ‘there is … McKinsey.’”
—The Guardian
“Bogdanich and Forsythe peel back the layers of secrecy surrounding
management consulting firm McKinsey & Co. in this revelatory and
often shocking account. Drawing on interviews with ‘nearly one
hundred current and former McKinsey employees,’ as well as client
and billing records, the authors uncover a devastating pattern of
harm caused by greed, conflicts of interest, and unethical
behavior…. Scrupulously documented and fluidly written, this is a
jaw-dropping feat of investigative journalism.”
—Publishers Weekly (starred review)
“Two award-winning New York Times investigative reporters take down
the world’s leading consulting firm, counsel to mega-corporations,
dictators, and union-busters everywhere….. A startling case study
of how unchecked corporate power affects world affairs—and all of
us.”
—Kirkus Reviews
"The nearly century-old McKinsey & Company describes itself as the
world’s largest consulting firm. Sounds benign, doesn’t it? Yet
McKinsey’s sway over some of the most influential industries and
domestic and foreign government agencies is a manifestation of
corruption and greed down to the molecular level. Cleverly
employing a panoply of NDAs and other protective legal tools,
McKinsey further cloaks itself behind a thick scrum of obfuscating
corporate-speak peppered throughout its infamous PowerPoint slide
decks. With clients in energy and entertainment, the FDA and the
NBA, Saudi Arabia and South Africa, McKinsey touts its skill at
increasing profitability and efficiency, chiefly through draconian,
often dangerous, staff cutbacks and price- cutting. Such advice,
however, comes with a hefty price tag, yet when a client becomes
mired in scandal, often resulting from McKinsey’s recommendations,
the company’s fingerprints are nowhere to be found. Recipients of
multiple prestigious prizes for their far-reaching investigative
journalism, Bogdanich and Forsythe pull back the curtain on the
unseen depths of McKinsey’s pernicious and insidious influence.
Thanks to their unprecedented level of access to crucial records
and key insider accounts, this monumental corporate exposé will do
for management consulting what Patrick Radden Keefe’s Empire of
Pain (2021) did for the opioid epidemic and the Sacklers."
—Booklist
“Two of the finest investigative reporters in the business got
behind the wall of secrecy erected by one the world’s most
influential companies. WHEN MCKINSEY COMES TO TOWN is a
revelatory – and disturbing – portrait of a powerful firm whose
vaunted reputation is belied by its actions.”
—Jane Mayer, New York Times bestselling author of THE DARK SIDE and
DARK MONEY
"In government and the private sector, in the United States and
around the world, the influence of McKinsey is difficult to
overstate. Walt Bogdanich and Michael Forsythe penetrate
the firm's vaunted culture of secrecy to expose the complicity of
business consultants in abetting the conduct of unsavory clients --
from despots to opioid pushers -- and the malign ways in which
McKinsey's "scientific management" ends up impacting all of our
lives. Panoramic, meticulously reported, and ultimately
devastating, this is an important book."
—Patrick Radden Keefe, New York Times bestselling author of SAY
NOTHING and EMPIRE OF PAIN
"Bogdanich and Forsythe show how McKinsey, rather than optimizing
social welfare, optimizes corporate profits and greed. In doing so
the Firm has become a super spreader of corporate misdeed and
contributed to America’s growing inequality problem. Hypocrisy,
avarice, ridiculous power points, aiding and abetting the world's
polluters and drug companies. Every page made my blood boil as
I read about McKinsey's flawed reasoning and the vast profits made
from ethically dubious work for governments, polluting
companies and big pharma."
—Joseph E. Stiglitz, Nobel Laureate in economics 2011 and
University Professor, Columbia University
“After the publication of When McKinsey Comes to Town, the
secretive consulting firm is going to need its own management
consultant to address the damage. The book is a devastating account
of McKinsey’s influence at the top levels of government and
industry. In arresting detail Bogdanich and Forsythe show how
McKinsey has enabled—and profited from—one bad actor after another,
from American opioid and cigarette makers to Russian oligarchs and
state monopolies to Saudi Arabia’s accused murderer-prince,
Mohammed bin Salman, even while boasting that it’s making the world
a better place. The book is a tour de force of investigative
reporting.”
—James B. Stewart, New York Times bestselling author of Den of
Thieves and Bloomberg Professor of Business Journalism at Columbia
University
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