"This is the colorful and dramatic biography of two of America's most controversial entrepreneurs: Moses Louis Annenberg, 'the racing wire king, ' who built his fortune in racketeering, invested it in publishing, and lost much of it in the biggest tax evasion case in United States history; and his son, Walter, launcher of TV Guide and Seventeen magazines and former ambassador to Great Britain."--Jacket.

Theodore "Theo" Annemann (stage name Ted Anneman) born Theodore John Squires (February 22, 1907 - January 12, 1942) was an American professional magician who specialized in the field of mentalism. Annemann is most famous for inventing and refining many of the standard mentalism routines that continue to be used by magicians today. Early in his life, Annemann began working as a railroad clerk and then got into showbusiness as a tenor singer and a magician's assistant. He eventually became interested in mentalism and used his invention and performance skills to become one of the most talented and respected magicians of the 1930s. Annemann perfected his own version of the famous bullet catch illusion, performing the effect outdoors. Accounts of his performance describe the feat as a dramatic effect wherein Annemann would collapse from the apparent force of the gun and then produce the bullet from his blood-drenched mouth. In 1934 he began publishing the famous magazine The Jinx, for magicians. The magazine was focused on mentalism, but also featured ground-breaking effects from other fields of magic. The publication of this magazine ceased after Annemann's death and copies of it have become collector's items. Effects from the magazine have been published in several books and manuscripts, among them Annemann's Practical Mental Magic. This book is considered a classic in the field of mentalism. Annemann was married twice and had a daughter by his first wife. His personality is the subject of much speculation. On the night of January 12, 1942, Annemann was scheduled to perform his bullet catch indoors for the first time. Before the performance, he committed suicide. Since the subject of suicide is complicated, we may never know exactly why Theo decided to end his own life.