logo

41 pages 1 hour read

Michael Lewis

The Fifth Risk

Nonfiction | Book | Adult | Published in 2018

A modern alternative to SparkNotes and CliffsNotes, SuperSummary offers high-quality Study Guides with detailed chapter summaries and analysis of major themes, characters, and more.

Key Figures

Michael Lewis

Michael Lewis is an American author and financial journalist. A contributing author to Vanity Fair, he is also the author of several previous books, and The Fifth Risk continues his behind-the-scenes tours of different industries, including sports, the financial sector, and now, the government. His presence in The Fifth Risk is mostly as a plot device. He offers some narration and discusses his travels to each department as well as his meetings with former government staffers. Additionally, Lewis plays the role that he argues members of the Trump transition team should have played: He learns about the top priorities of each department and the biggest risks they each face. His approach is not meant to be partisan, though he includes some jabs at the Trump administration. For example, as he begins his conversation with John MacWilliams to simulate what a possible transition meeting could have looked like, he writes, “I assume the tone and manner befitting a self-important, mistrustful person newly arrived from some right-wing think tank” (57). This less-than-objective comment betrays what Lewis thinks of those whose work he is examining.

However, Lewis generally stays out of his own narrative, and he lets the testimony of his interviewees and the background information he offers speak for themselves. This approach, more than the few comments like the one above, strengthens his argument that the Trump administration took a huge risk in the way that it approached the presidential transition.

Donald J. Trump

Trump, the 45th president, does not appear in the book except in the Preface, but his shadow looms large. He was ardently opposed to the transition team’s existence, not wanting to pay for it out of the campaign’s funds. Lewis highlights some of Trump’s policy decisions in relation to what he has learned from his interviews, as when he discusses the Iran nuclear deal. The risk, Lewis writes, was that the president would not have the background information needed to understand the importance of the deal and that he would then have the United States back out of it. A footnote to this discussion reads, “Which is exactly what he [Trump] did” (62). Otherwise, the focus remains on the Trump transition team, administration, and appointees, but Lewis’s points about negligence in relation to preparing to run the government reflect not only on these individuals but also on the president himself.

John MacWilliams

John MacWilliams figures prominently in the first chapter of The Fifth Risk. His background is in law and finance: He went from a New York law firm to Goldman Sachs, where he specialized in the energy sector of investment banking. He later founded the Beacon Group, a private investment firm, leading a fund that looked specifically at the energy field. He met his future boss, Ernie Moniz, when he joined an MIT taskforce to study the future of nuclear power. When Moniz became the Energy Secretary, he became the Chief Risk Officer, a position focused on evaluating the Department of Energy’s financial risk. MacWilliams outlines five risks for Lewis, which are an accident with nuclear weapons, North Korea, Iran, the electrical grid, and project management. The last of these forms a major theme throughout the book.

Brian Klippenstein

Klippenstein was the first official to come to the Department of Agriculture from the Trump transition team. He ran an organization called Protect the Harvest, which focused on rights to farm, hunt, and fish. Trump’s choice of Klippenstein (or “Klip,” as he was known in the department) was an interesting one, given that Protect the Harvest often demonized organizations like the Humane Society, while the USDA mediates conflicts between people and animals and seeks to protect animals against abusive humans. Once in the USDA, Klip focused on climate change, and he asked for the names of the staffers working on that subject. A career USDA employee refused to give them to him. In this section, Klippenstein serves as an example of a Trump staff member whose interests seem to contradict that of the department where he’s been placed in addition to demonstrating the witch hunt after those who were studying the effects of climate change.

Cathie Woteki

Cathie Woteki was a professor of human nutrition before working on and off at the USDA, where she eventually became the Undersecretary for Food Safety and then chief scientist during the Obama administration. Her role as head of the science within the division touches on science and climate change as a major theme within The Fifth Risk since she supervised a budget of $3 billion for grants alone and, because of this, recognized that climate change was all around. As a result, many of the department’s projects were mindful of addressing it. However, her interview also makes it clear that it is relatively easy to redirect funding, making the research being done in the USDA vulnerable.

Kathy Sullivan

Kathy Sullivan was the director of the National Oceanic and Atmospheric Administration (NOAA) under the Obama Administration. She began working in government when she was one of 35 hired out of approximately 8,000 who applied to work at NASA in 1977. In 1984, she became the first American woman to walk in space while orbiting on the Challenger. After that, she was in space twice more before going to work at the Department of Commerce in the early 1990s. She served first as the chief scientist. After some time at Ohio State University, she returned to the NOAA and eventually became its head administrator. There, she was interested in the relationship between people and government. This interest manifested in the desire to create a “weather-ready nation” that would respond to severe weather warnings. To do this, she wanted to understand the audience, and she convinced Congress to include social science as part of the NOAA’s mission.

Sullivan is a prime example of an appointee who is mindful of project management and the risks that it can pose. When she recounts her job interview with NASA, she tells a story in which she had to fix a piece of equipment. It was the middle of the night, and the lead oceanographer watched her work on it for only a few hours before he told her to “fix the damn thing” (138). Not only did she do this, but Sullivan also kept working for an extra two hours to make sure that it would continue to work during the storm. Likewise, when it came to the polar satellites, a longtime frustration for the NOAA, she and her team repaired them in such a way that her successors wouldn’t have the same problem. She also began to plan ahead for the next satellites. Having seen the deleterious effects of using one short-term solution after another, Lewis highlights her desire for long-term solutions as part of a better, more efficient way to utilize government resources.

Barry Myers

Trump’s nominee to run the NOAA, Myers was the CEO of AccuWeather, a for-profit weather company founded by his brother in 1962. AccuWeather also made money selling ads and forecasts to companies and governments. These forecasts were made using National Weather Service (NWS) data. He was long involved with lobbying efforts to make it impossible for the NWS to give weather-related information to Americans who could potentially become customers of his company and wanted to take away their final say on weather warnings. When Rick Santorum tried and failed to get a bill passed that would make this the law in 2005, Myers became more involved with the NOAA. He threatened to sue the Weather Company when it helped to make NOAA data more publicly accessible, arguing that it would give the company a commercial advantage. He also lobbied against the creation of an NWS app to help spread news of weather warnings. The app was not created. Ultimately, he withdrew his name from consideration to run the NOAA due to health concerns.

blurred text
blurred text
blurred text
blurred text