In 1940, Wendell Willkie, the Republican candidate, held a press conference in his mistress's apartment.
More important, after debating a Roosevelt official on the economy over national radio, Willkie became a national figure.
Willkie, the president of Brown Harris Stevens, confirmed that the sale had closed at the full asking price.
Shlaes also tells the absorbing story of the fight between Wendell Willkie--the true hero of this book--and David Lilienthal.
In fact, Willkie's free-market optimism was a precursor to that of Ronald Reagan.
One figure who stands tall is Republican Wendell Willkie, whose break with his party's isolationism strengthened his bid for president.
In November 2011, the lawsuit says a New York state judge disqualified Willkie from representing Bank of America in that effort.
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Hall Willkie, president of New York residential broker Brown Harris Stevens, said that contracts signed by his brokers in January and February were the highest ever.
Though Willkie was defeated by FDR, he showed Republicans that you could defend free enterprise without seeming to be against the poor, the unemployed and the embattled middle class.
Lichtenstein claims Willkie gave him bad advice because it was motivated by self-interest because the law firm would have also faced a lawsuit from the lenders for aiding and abetting.
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The author conveys the excitement of the 1940 convention that chose Willkie as the unlikely GOP nominee and the campaign that ended with FDR's election to an unprecedented third term.
Hall Willkie, the president of Brown Harris Stevens, said that his new contract figures show that the number of deals with signed contracts rose in January and February compared with the same period a year earlier.
Though Willkie lost the battle--he was forced to sell a large part of his company to the TVA--and Roosevelt succeeded in breaking up many of the holding companies, most of America's electricity continued to be generated by the private sector.
Roosevelt raised everyone's spirits by his robust response on learning that his opponent was to be Lindbergh rather than a senator of the stature of Taft or a prosecutor as aggressive as Dewey or a bigtime lawyer as smooth and handsome as Willkie.
The next day the very accusations that had elicited roars of approval from Lindbergh's Iowa audience were vigorously denounced by liberal journalists, by Roosevelt's press secretary, by Jewish agencies and organizations, even from within the Republican Party by New York's District Attorney Dewey and the Wall Street utilities lawyer Wendell Willkie, both potential presidential nominees.
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