'Money for Nothing' author to speak and sign books at Drexel May 19

If, after reading the title of this book, you are able to get the Dire Straits song out of your head, you may consider attending this networking and book-signing event at Drexel University in Philadelphia.

John Gillespie, co-author of the new book "Money for Nothing – How the Failure of Corporate Boards Is Ruining American Business and Costing Us Trillions" (Simon and Shuster, 2010, $27) with David Zweig, will visit Drexel University's LeBow College of Business in Philadelphia on Wednesday, May 19, at 5 p.m. for a presentation for Drexel’s "Business of Ambition" program.

The event will be held in the Anthony J. Drexel Picture Gallery, 2nd Floor, 3141 Chestnut St., Philadelphia, PA 19104

Gillespie and Zweig, both Harvard MBAs with more than 30 years of Fortune 100 experience, "expose how the failure and negligence of corporate boards — not just the greed, recklessness and incompetence of CEOs — are responsible for the economic crisis we’re still facing," according to a release from their publicist.

Gillespie’s presentation is at 5 p.m.; book signings will commence at 6.

The event is open to the public and more information can be found at: http://www.lebow.drexel.edu/Event/2943


The authors endeavor to expose what happened, or failed to happen, in the boardrooms of companies such as Lehman Brothers, General Motors, Bear Stearns, and Countrywide, and how the leadership or lak therof has resulted in financial devastation.


Gillespie's background includes work in Massachusetts state government and as a speechwriter. He served as an investment banker for 18 years with Lehman Brothers, Morgan Stanley and Bear Stearns, and was the executive vice president and CFO for a nationwide healthcare company with 24,000 employees. He graduated from Harvard College, where he studied American history and literature and has an MBA from the Harvard Business School. He is married to New Yorker writer Susan Orlean (author of "The Orchid Thief" and a contributing writier to The New Yorker.)