Big Rigs, Posh Digs, Fast Cars, Dark Bars! The Greed-Driven, Sex-Enhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life!
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Narrated by:
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E. J. Nolan
About this listen
This is the true story of crime and "road rage" in the executive suite of one of America's leading trucking companies. The story begins when the highly regarded founder and owner of the Arrow Trucking Company is killed in a hunting accident. His widow then appoints their only son, Douglas, to be the new CEO. His only qualification is that he is known to be "the apple of his mother's eye". He had no experience in anything. He had only a high school education and had never worked a day in his life. He was best known as a young, wealthy, and very arrogant party boy. He was further described as being an "egotistical jerk". Accordingly, the end of the story is predictable. But, one could not have predicted the shocking events that played out along the way.
At the time of his father's death, the company owned over 1,200 tractors and 1,400 flatbeds, and had negligible debt. The company had more than 1,400 employees. Revenues exceeded $250 million annually, and the company was recognized as a leader in the trucking industry. Eight years later audits showed $8.55 million in assets and $99.97 million in liabilities. It proved to be one hell of a ride.
It didn't take long for "Dougie" to live up to his reputation. His employees soon referred to Doug Pielsticker as "Smug Pigstinker". Respect for this new leader was as impossible to find, as was the leader himself. On his first day on the job he arrived in his chauffeur-driven limousine promptly at 10:45 a.m. It was to become his nearly-everyday starting time. His first task was to clean out his father's office. And, clean-out he did, tossing everything but the furniture, inclusive of all of the family pictures. He was far more interested in his inheritance than his heritage. He was also much more interested in furthering his personal lifestyle. And, he was in the right place. Later audits indicated he trucked out nearly $40 million to his personal accounts in support of his lifestyle.
He then fired nearly all of his dad's management team and replaced them with his own drinking, partying pals. Immediately the downhill ride commenced. With Doug behind the wheel and his pals on board, corporate assets began to disappear. Audits later discovered they had been hauled to the personal accounts of this new CEO and his new-found "partners in crime".
Some of the more entertaining stories within this story include: the gift of a new Porsche to a stripper he just saw perform in a bar; his ensuing marriage to the stripper who leaves him for a television news anchor who was the wife of a prominent Tulsa businessman; his need for in-home help to maintain his closet and change light bulbs; the content of his frequent $80,000 monthly charges to his company issued American Express card; and much, much more.
This is the story behind the news reports that focused on the multiple fraud and RICO filings against the inept management of Arrow Trucking. This is the inside story as it was related to the author by representatives of the more than 1,400 former employees of Arrow Trucking Company. The storytellers are the same people who abruptly lost their jobs, their payroll, and expense checks, and were further left stranded on the highways of North America with fuel credit cards that were no longer any good. The only thing they were told - by in-cab message - was to "leave your trucks where they are and find your way home. Arrow Trucking is no longer in business." As these former employees will tell you, this book recounts what was for them, "one hell of a ride."
©2012 Charles H. Hood (P)2012 Charles H. HoodListeners also enjoyed...
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Begin with the end in mind
- By D. Hartzell on 02-05-15
By: Bo Burlingham
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Detroit Resurrected
- To Bankruptcy and Back
- By: Nathan Bomey
- Narrated by: Jonathan Yen
- Length: 9 hrs and 31 mins
- Unabridged
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From thriving Motor City to the largest municipal bankruptcy in American history, Detroit has become the nation's cautionary tale. But what led to the fateful day of the filing, and how did the city survive this crisis? Journalist Nathan Bomey delivers the inside story of Detroit's decline and the people who fought to save it against impossible odds: Governor Rick Snyder, a self-proclaimed nerd; emergency manager Kevyn Orr, a lawyer with singular dedication; Judge Steven Rhodes, the city's conscience; and retirees who fought to ensure that Detroit kept its promises.
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Outsiders Perspective
- By Carl on 02-07-17
By: Nathan Bomey
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What Is Life Worth?
- The Unprecedented Effort to Compensate the Victims of 9/11
- By: Kenneth R. Feinberg
- Narrated by: James Lurie
- Length: 5 hrs and 29 mins
- Unabridged
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Just days after September 11, 2001, Kenneth Feinberg was appointed to administer the federal 9/11 Victim Compensation Fund, a unique, unprecedented fund established by Congress to compensate families who lost a loved one on 9/11 and survivors who were physically injured in the attacks. Over the course of the next three years, Feinberg spent almost all of his time meeting with the families and learned about the enduring power of grief, love, fear, faith, frustration, and courage. Most importantly, he learned that no check could make the families and victims of 9/11 whole again.
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Short and to the point. Worth the time.
- By Victor on 06-02-23
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Small Giants
- Companies That Choose to Be Great Instead of Big, 10th Anniversary Edition
- By: Bo Burlingham
- Narrated by: Bo Burlingham, Sean Pratt
- Length: 10 hrs and 47 mins
- Unabridged
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It's an axiom of business that great companies grow their revenues and profits year after year. Yet quietly, under the radar, a small number of companies have rejected the pressure of endless growth to focus on more satisfying business goals. Goals like being great at what they do, creating a great place to work, providing great customer service, making great contributions to their communities, and finding great ways to lead their lives. In Small Giants, veteran journalist Bo Burlingham takes us deep inside 14 such remarkable companies.
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fantastic book for small company builders
- By Amazon Customer on 08-01-17
By: Bo Burlingham
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Black Titan
- A.G. Gaston and the Making of a Black American Millionaire
- By: Carol Jenkins
- Narrated by: Susan Spain
- Length: 11 hrs and 41 mins
- Unabridged
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A.G. Gaston, the poor grandson of slaves, was born in the Deep South in 1892. Over the course of his extraordinary life, he amassed a fortune of over $130 million and a vast business empire. The story of his remarkable life is written with eloquence and grace by his niece, an Emmy¿ Award-winning journalist and her daughter, who holds degrees from Yale and Harvard.
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Black Gold = Standing Ovation
- By 2Fresh on 01-20-16
By: Carol Jenkins
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Too Good to Be True
- The Rise and Fall of Bernie Madoff
- By: Erin Arvedlund
- Narrated by: Karen White
- Length: 12 hrs and 57 mins
- Unabridged
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Erin Arvedlund, the financial reporter who questioned the amazing returns of Bernie Madoff's hedge funds way back in 2001, traces the life of the infamous swindler and addresses the tough questions surrounding the collapse of his Ponzi scheme.
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Doesn't add much more that a lot of details.
- By Robert on 11-07-10
By: Erin Arvedlund
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The Quiet Don
- The Untold Story of Mafia Kingpin Russell Bufalino
- By: Matt Birkbeck
- Narrated by: Michael Prichard
- Length: 7 hrs and 46 mins
- Unabridged
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Secretive - even reclusive - Russell Bufalino quietly built his organized crime empire in the decades between Prohibition and the Carter presidency. His reach extended far beyond the coal country of Scranton, Pennsylvania, and quaint Amish farms near Lancaster. Bufalino had a hand in global, national, and local politics of the largest American cities, many of its major industries, and controlled the powerful Teamsters Union. His influence also reached the highest levels of Pennsylvania government and halls of Congress, and his legacy left a culture of corruption that continues to this day.
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Important But Edited By Lawyers?
- By Ted on 04-03-14
By: Matt Birkbeck
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The Deep State
- How an Army of Bureaucrats Protected Barack Obama and Is Working to Destroy the Trump Agenda
- By: Jason Chaffetz
- Narrated by: Jason Chaffetz
- Length: 7 hrs and 36 mins
- Unabridged
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Former congressman and current Fox News contributor Jason Chaffetz explains how we ended up with a politicized federal bureaucracy that actively works to promote the Democratic Party's agenda and undermine Donald Trump.
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Excellent insight to the dirty dealings of the gov
- By Henwhisperer on 09-26-18
By: Jason Chaffetz
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Crash Course
- The American Automobile Industry's Road from Glory to Disaster
- By: Paul Ingrassia
- Narrated by: Patrick Lawlor
- Length: 12 hrs and 18 mins
- Unabridged
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In Crash Course, Ingrassia answers the big questions: Was Detroit's self-destruction inevitable? What were the key turning points? Why did Japanese automakers manage American workers better than the American companies themselves? Ingrassia also describes dysfunctional corporate cultures (even as GM's market share plunged, the company continued business as usual) and Detroit's perverse system of "inverse layoffs" (which allowed union members to invoke seniority to avoid work).
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Contemporary History at Its Best
- By Roy on 04-19-10
By: Paul Ingrassia
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The King of Content
- Sumner Redstone’s Battle for Viacom, CBS, and Everlasting Control of His Media Empire
- By: Keach Hagey
- Narrated by: Gabra Zackman
- Length: 10 hrs and 51 mins
- Unabridged
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Sumner Murray Redstone, once feared as the “mad genius” of media who would dump his CEOs for mere wobbles in his companies’ stock price, had built one of the world’s greatest media empires through a series of audacious takeovers constructed to ensure that he always maintained control. Today he controls 80 percent of the voting shares of both Viacom and CBS, meaning that on a whim he could replace the entire boards of two public companies with a combined value of $40 billion.
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Feels biased. Well researched, but not engaging.
- By Anonymous User on 04-03-19
By: Keach Hagey
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Street Smarts
- An All-Purpose Tool Kit for Entrepreneurs
- By: Norm Brodsky, Bo Burlingham
- Narrated by: Sean Pratt
- Length: 10 hrs and 8 mins
- Unabridged
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People starting out in business tend to seek step-by-step formulas or rules, but in reality there are no magic bullets. Rather, says veteran company-builder Norm Brodsky, there's a mentality that helps street- smart entrepreneurs solve problems and pursue opportunities as they arise. Brodsky shares his hard-earned wisdom every month in Inc. magazine, in the hugely popular "Street Smarts" column he cowrites with Bo Burlingham. Now they've adapted their best advice into a comprehensive guide for anyone running a small business.
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This great audio was originally called The Knack!
- By morton on 12-16-11
By: Norm Brodsky, and others
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Faster, Higher, Farther
- The Volkswagen Scandal
- By: Jack Ewing
- Narrated by: Joel Richards
- Length: 10 hrs and 34 mins
- Unabridged
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A shocking exposé of Volkswagen's fraud by the New York Times reporter who covered the scandal. In mid-2015 Volkswagen proudly reached its goal of surpassing Toyota as the world's largest automaker. A few months later, the EPA disclosed that Volkswagen had installed software in 11 million cars that deceived emissions-testing mechanisms. By early 2017 VW had settled with American regulators and car owners for $20 billion, with additional lawsuits still looming.
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Excellent recap of VW, its structure and culture
- By Northern IN Mark on 05-27-17
By: Jack Ewing
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The Match King
- Ivar Kreuger, the Financial Genius Behind a Century of Wall Street Scandals
- By: Frank Partnoy
- Narrated by: L. J. Ganser
- Length: 10 hrs and 48 mins
- Unabridged
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At the height of the roaring 20s, Swedish émigré Ivar Kreuger made a fortune raising money in America and loaning it to Europe in exchange for matchstick monopolies. His enterprise was a rare success story throughout the Great Depression. Yet after Kreuger's suicide in 1932, the true nature of his empire emerged.
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excellent Depression era history-biography
- By Donovan R. on 06-17-10
By: Frank Partnoy
What listeners say about Big Rigs, Posh Digs, Fast Cars, Dark Bars! The Greed-Driven, Sex-Enhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life!
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- DS
- 12-31-13
A "HOW TO" OF FRAUD AND ABUSE
This is a sad tale of a sociopath one-percent-er (inherited status) and how he rode the most successful flat bed trucking company in America into the ground. In the process, thousands of hard working employees were simply out of luck on their claims for back pay, payroll withholding, healthcare and retirement benefits. Oh yeah, and the US Government was out of millions in corporate income and social security taxes and, while the book doesn't state it, millions in retirement benefit guarantees.
The book is pretty superficial and it's read in an almost gleeful way that I can only think it is meant to be a how-to book for those who want to ruin their own inherited company. If you weren't in favor of limiting CEO benefits before, you will be after reading this.
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1 person found this helpful
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Overall
- Matthew
- 05-06-16
Sad people
Can't believe how much money can make you disregard and not care about others .
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Overall
- mdm826
- 05-20-20
executives going wild
so unfortunate that a good company went down this way. succession planning is critical for a business.
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- Paul Luthi
- 12-07-12
A good book, but some of it borders on gossip.
Would you say that listening to this book was time well-spent? Why or why not?
Yes. It was a good story that really made you think. Very interesting
What was your reaction to the ending? (No spoilers please!)
The ending sounded bitter and gossipy. Not bad, per say, and it was surprising what happened to the central character.
Would you listen to another book narrated by E. J. Nolan?
Yes
Do you think Big Rigs, Posh Digs, Fast Cars, Dark Bars! The Greed-Driven, Sex-Enhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life! needs a follow-up book? Why or why not?
Yes, or at least another chapter after all the events are finally wrapped up.
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1 person found this helpful
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- Dan
- 04-24-15
shocked
a compelling story of an evil man. It was told expertly and very to the point.
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- Beje
- 04-13-14
COULD Have Been Great, BUT . . . .
This book wasn’t for you, but who do you think might enjoy it more?
This plot could have been told in a fabulous way but this author and the reader completely missed the boat. I think every hater of the young company President and his Mom will be thrilled with every single word. For anyone else -- those folks, like me, who didn't have a personal stake in the bankrupted company, this writing hardly qualifies to be called a book.
How would you have changed the story to make it more enjoyable?
If the author had done even a tiny bit of investigation and/or consultation with legal minds, i.e., a lawyer), the story could have been riveting. As it is, the author was apparently oblivious to the points that would have cast light on critical information. Or, perhaps the author elected not to go down that route because it would have destroyed his tar and feather mission. Either way, omission of the legalities is damning.
Who would you have cast as narrator instead of E. J. Nolan?
Pretty much anyone else but Nolan, who mispronounced words; and drug on-and-on-and-on-and-on. It was all I could do to continue through his poor voice infliction when he bothered to have infliction. It was nearly monotone. If I ever see him as reader on a book in the future, I definitely will not buy it.
What character would you cut from Big Rigs, Posh Digs, Fast Cars, Dark Bars! The Greed-Driven, Sex-Enhanced Ride That Cost Arrow Trucking Company $90 Million and Its Life!?
The characters needed to be developed, particularly the targets. I don't know that I would have cut any characters. The book is written targeting a young man who by circumstances not designed by him became the head honcho of the family corporation. The author's intended vindictiveness quickly became apparent, then boring, and finally -- just plain annoying. The author's portrayal of the young company president and his Mom places them in a bad light without mentioning a single positive word about either of them. Really? That style casts doubt on the author's credibility, as well as the authenticity of his perception of facts. The character assassination went on from the beginning to the end. Additionally, there must have been a word count issue because getting through the maze of endless, ridiculous, and worthless detail was a challenge.
Any additional comments?
Terrible author; terrible reader. A total disappointment of what could have been an outstanding book.
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