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2012 Business Book Award

Private Empire: ExxonMobil and American Power by Steve Coll Wins the 2012 Financial Times and Goldman Sachs Business Book of the Year Award.

Private Empire: ExxonMobil and American Power  by Steve Coll Wins the 2012 Financial Times and Goldman Sachs Business Book of the Year Award.

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Private Empire: ExxonMobil and American Power by Steve Coll has been named the 2012 Financial Times and Goldman Sachs Business Book of the Year. Coll was named this year’s winner at an award dinner held in New York on November 1, 2012. The award was presented by award co-chairs Lloyd Blankfein, Chairman and CEO of Goldman Sachs, and Lionel Barber, editor of the Financial Times. The dinner was attended by leaders from the business and publishing communities. 

The following books comprised the 2012 shortlist:

  • The Hour Between Dog And Wolf: Risk-taking, Gut Feelings and the Biology of Boom and Bust by John Coates (The Penguin Press, Fourth Estate)

  • Private Empire: ExxonMobil and American Power by Steve Coll (The Penguin Press, Allen Lane)

  • Steve Jobs: The Exclusive Biography by Walter Isaacson (Simon & Schuster; Little, Brown)

  • Volcker: The Triumph of Persistence by William L. Silber (Bloomsbury Press)

  • What Money Can't Buy: The Moral Limits Of Markets by Michael J. Sandel (Farrar, Straus and Giroux; Allen Lane)

  • Why Nations Fail: The Origins of Power, Prosperity and Poverty by Daron Acemoglu and James A. Robinson (Crown Business, Profile Books)
     

The judging panel, chaired by FT editor Lionel Barber, included:

  • Vindi Banga, Partner, Clayton, Dubilier & Rice
  • Lynda Gratton, Professor of Management Practice, London Business School
  • Douglas Holtz-Eakin, President of the American Action Forum
  • Arthur Levitt, former Chairman of the United States Securities and Exchange Commission
  • Jorma Ollila, Chairman of Royal Dutch Shell
  • Shriti Vadera, Director of Shriti Vadera Ltd, Non-Executive Director of BHP Billiton  and AstraZeneca

Click here to read the press release and more about the shortlisted books and authors.

For further information on the Book Award and this year's judging panel, visit: www.FT.com/bookaward