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The Fish That Ate the Whale: The Life and Times of America's Banana King
by Rich Cohen
In "The Fish That Ate the Whale," Rich Cohen chronicles the life of Sam Zemurray, a self-made tycoon who transformed the banana industry and exemplified the complex interplay of ambition, risk, and manipulation in American capitalism. The book explores key themes such as the relentless pursuit of success and the inevitability of failure, underscoring that true accomplishment often requires navigating crises with resilience and strategic thinking. Zemurray's story illustrates that happiness can be a distraction from achievement; he viewed himself as a doer rather than a dreamer. His ability to manipulate situations,whether through public relations or decisive actions,highlights the role of influential figures who operate behind the scenes, shaping society's agenda. Zemurray's life reflects the struggle between fortune and loss, emphasizing that the greatest leaders are those who maintain unwavering confidence and adapt to challenges. Cohen presents Zemurray as a quintessential risk-taker, unafraid to challenge authority and redefine boundaries to achieve his goals. The narrative also touches upon broader societal themes, including the nature of power and the importance of perception in business. Ultimately, the book reveals how Zemurray's indomitable spirit and strategic acumen allowed him to thrive in a volatile world, making him a significant yet often overlooked figure in American history.
17 popular highlights from this book
Key Insights & Memorable Quotes
Below are the most popular and impactful highlights and quotes from The Fish That Ate the Whale: The Life and Times of America's Banana King:
Show me a happy man and I will show you a man who is getting nothing accomplished in this world. Ripe
Show me a happy man and I will show you a man who is getting nothing accomplished in this world.
(The world is a mere succession of fortunes made and lost, lessons learned and forgotten and learned again.)
giving with display is not giving, but trading. I give you money, you give me prestige. Philanthropy that does not degrade is done so quietly not even the rescued learns the name of his rescuer.
What cannot be accomplished by threats can often be achieved by composure. Sit and stare and let your opponent fill the silence with his own demons.
If you want to advance a private interest, turn it into a public cause.
It was not these policies alone that turned things around; it was also the energy behind the policies: the six-week tour, the firing and hiring, the tough decisions made about the fleet and the fields. A light was burning in the pilothouse, a firm hand had taken hold of the tiller. United Fruit’s stock price stabilized, then began to climb. It doubled in the first two weeks of Zemurray’s reign, reaching $26 a share by the fall of 1933. This had less to do with tangible results—it was too early for that—than the confidence of investors. If you looked in the newspaper, you would see the new head of the company landing his plane on a strip in the jungle, anchoring his boat on the north coast of Honduras, going here and there, working, working, working. In a time of crisis, the mere evidence of activity can be enough to get things moving. Though Zemurray would stay at the helm for another twenty years, United Fruit was saved in his first sixty days.
Preston later spoke of Zemurray with admiration. He said the kid from Russia was closer in spirit to the banana pioneers than anyone else working. “He’s a risk taker,”4 Preston explained, “he’s a thinker, and he’s a doer.
The greatness of Zemurray lies in the fact that he never lost faith in his ability to salvage a situation. Bad things happened to him as bad things happen to everyone, but unlike so many he was never tempted by failure. He never felt powerless or trapped. He was, as I said, an optimist. He stood in constant defiance.
First: modern society, with its millions, is essentially ungovernable. The public must instead be controlled by manipulation. The men who do this manipulating, in government or not, are the true leaders, philosopher-kings. They need not manipulate all the people, only the few thousand who set the agenda. The drivers of history are not the people, in other words, nor the elite who influence the people, but the PR men who influence the elite who influence the people.
Zemurray was not old and was still angry, easy to insult, easy to incense, driven, and restless. Show me a happy man and I will show you a man who is getting nothing accomplished in this world.
he wanted to win. And would do whatever it took. Here was a self-made man, filled with the most dangerous kind of confidence: he had done it before and believed he could do it again. This gave him the air of a berserker, who says, If you're going to fight me, you better kill me.
Guy Molony, who ran away from New Orleans at sixteen to fight in the Boer War. It was the era of romantic soldiering, when boys heeded the call of Rudyard Kipling (“Ship me somewheres east of Suez, where the best is like the worst, / Where there aren’t no Ten Commandments an’ a man can raise a thirst,” he wrote in “Mandalay”).
He was surrounded, supine in his dirty uniform, the faces staring down, the sky, the peaks—a legendary scene in the life of Lee Christmas. “Goddamned you all to Hell!” he shouted. “Shoot me now if you’ve got the guts. Shoot me you miserable heathens. Shoot me and be done with me but don’t bury me. Leave me on the ground to rot.” “Don’t bury you? But why Señor General?” Then came the words that Christmas either wrote in advance, made up afterward, or actually spoke—words that attached themselves to his story like a tagline, in the nature of “Do you feel lucky, punk?” “Because I want the buzzards to eat me, and fly over you afterward, and scatter white shit all over your God-damned black faces.
If you want to drive the isthmus lengthwise, down the gullet, Mexico to Colombia, where the land broadens and South America begins, your best bet is the Pan-American Highway, which starts in Alaska and continues thirty thousand miles to the bottom of the world. It’s a network of roads each charted by a conquistador or strongman. It’s disappointing in many places, rutted and small, climbing and descending, battling the jungle and mountains, then ending abruptly in the rain forest of Panama. It’s as if the road itself, defeated by nature, walked away muttering. It starts again sixty-five miles hence, on the other side of a chasm. This is called the Darién Gap. It symbolizes the incomplete nature of Central America, the IN PROGRESS sign that seems to hang over everything. Russia is the Trans-Siberian Railroad. Germany is the Autobahn. The United States is Route 66. Central America is the Darién Gap.
Zemurray lived near the docks. No one could tell me the exact address. Some building in the French Quarter, perhaps a wreck with cracks in the walls and a sloped ceiling, and the heat goes out and the fog comes in. When his business grew, he moved uptown, following the wealth of the city, which had been fleeing the French Quarter for decades. At twenty-nine, he was rich, a well-known figure in a steamy paradise, tall with deep black eyes and a hawkish profile. A devotee of fads, a nut about his weight, he experimented with diets, now swearing off meat, now swearing off everything but meat, now eating only bananas, now eating everything but bananas. He spent fifteen minutes after each meal standing on his head, which he read was good for digestion. His friends were associates, his mentors and enemies the same. He was a bachelor and alone but not lonely. He was on a mission, after all, in quest of the American dream, and was circumspect and deliberate as a result. He never sent letters or took notes, preferring to speak in person or by phone. He was described as shy, but I think his actions are more accurately characterized as careful—he did not want to leave a record or draw attention.
There are times when certain cards sit unclaimed in the common pile, when certain properties become available that will never be available again. A good businessman feels these moments like a fall in the barometric pressure. A great businessman is dumb enough to act on them even when he cannot afford to.