meta_pixel
Tapesearch Logo
Log in
Masters in Business

Duff McDonald: How To Fix the Broken Elite Institutions

Masters in Business

Bloomberg

Investing, Entrepreneurship, Business

4.42.2K Ratings

🗓️ 7 July 2017

⏱️ 73 minutes

🧾️ Download transcript

Summary

Duff McDonald: How To Fix the Broken Elite Institutions

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Acre Trader Financial LLC, the Farmland Investing Platform.

0:06.8

Did you know that Farmland is a real asset with historically low volatility during times of financial stress?

0:13.2

Visit Acre Trader.com slash masters for a free guide to Farmland Investing.

0:19.2

Join Bloomberg Live on June 22 for the Bloomberg Technology Summit in San Francisco,

0:24.0

as the biggest names in tech discuss the biggest stories in business technology and society today.

0:29.8

Speakers include Sam Altman, OpenAI, Jason Citron, Discord, Dr. Colleen, Cutlet and

0:36.2

Halle Berry, Pendulum Therapeutics, and London breed Mayor of San Francisco, presenting sponsors

0:42.4

Croment Surprise and Tonumus, register at Bloomberglive.com slash Bloomberg Tech slash radio.

0:49.0

Masters in Businesses brought to you by the American Arbitration Association.

0:53.0

Business disputes are inevitable, resolve faster with the American Arbitration Association,

0:58.2

the global leader in alternative dispute resolution for over 90 years.

1:03.0

Learn more at ADR.org.

1:14.6

This week on the podcast, I sit down with author and journalist, Duff McDonald.

1:20.7

He has written such seminal books as Last Man Standing,

1:25.1

The Ascent of Jamie Dimon and JP Morgan Chase.

1:29.0

His second book was The Firm, the story of McKinsey and its secret influence on American business,

1:35.8

and what's shocking about that book, not only that McKinsey is as influential as it is in

1:43.2

government and finance and business in general, but given their storied history and their power

1:50.2

and influence, this was literally the first book ever written on McKinsey. That's pretty shocking.

1:57.4

Full disclosure, I myself have referenced Duff's work and about a half a dozen years ago,

2:04.0

I wrote something called Is McKinsey the Root of All Evil? And the answer turned out, in my opinion,

2:10.0

to more or less have been yes. His book is really a deep and detailed read into the storied

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.