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Collusion
  • Language: en
  • Pages: 437

Collusion

  • Type: Book
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  • Published: 2018-05-01
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  • Publisher: Hachette UK

In this searing exposéformer Wall Street insider Nomi Prins shows how the 2007-2008 financial crisis turbo-boosted the influence of central bankers and triggered a massive shift in the world order. Central banks and international institutions like the IMF have overstepped their traditional mandates by directing the flow of epic sums of fabricated money without any checks or balances. Meanwhile, the open door between private and central banking has ensured endless opportunities for market manipulation and asset bubbles -- with government support. Through on-the-ground reporting, Prins reveals how five regions and their central banks reshaped economics and geopolitics. She discloses how Mexic...

Permanent Distortion
  • Language: en
  • Pages: 320

Permanent Distortion

  • Type: Book
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  • Published: 2022-10-11
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  • Publisher: Hachette UK

A riveting exposé of a permanent financial dystopia, its causes, and real-world consequences It is abundantly clear that our world is divided into two very different economies. The real one, for the average worker, is based on productivity and results. It behaves according to traditional rules of money and economics. The other doesn’t. It is the product of years of loose money, poured by central banks into a system dominated by financial titans. It is powerful enough to send stock markets higher even in the face of a global pandemic and threats of nuclear war. This parting from reality has its roots in an emergency response to the financial crisis of 2008. “Quantitative Easing” inject...

Other People's Money
  • Language: en
  • Pages: 342

Other People's Money

Critical, independent voices are seldom found within the citadels of international finance. That’s what makes Nomi Prins unique. During fifteen years as an executive at skyscraping banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. She walked away from the game in 2002 out of disgust with the burgeoning corporate corruption, just as its magnitude was becoming clear to the public. In this acclaimed exposé, named one of the best books of 2004 by The Economist, Barron’s, Library Journal, and The Progressive, Prins provides fascinating firsthand details of day-to-day life in the financial leviathans, with all its rich absurdities. She demonstrates how the much-publicized fraud of recent years resulted from deregulation that trashed the rules of responsible corporate behavior, and not simply the unbridled greed of a select few. While the stock market roared on the back of phony balance sheets, executives made out like bandits and Congress looked the other way. Worse yet, as the new foreword to the paperback edition makes clear, everything remains in place for a repeat performance.

All the Presidents' Bankers
  • Language: en
  • Pages: 477

All the Presidents' Bankers

  • Type: Book
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  • Published: 2014-04-08
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  • Publisher: Hachette UK

A groundbreaking narrative of how an elite group of men transformed the American economy and government, dictated foreign and domestic policy, and shaped world history. Culled from original presidential archival documents, All the Presidents' Bankers delivers an explosive account of the hundred-year interdependence between the White House and Wall Street that transcends a simple analysis of money driving politics-or greed driving bankers. Nomi Prins ushers us into the intimate world of exclusive clubs, vacation spots, and Ivy League universities that binds presidents and financiers. She unravels the multi-generational blood, intermarriage, and proté relationships that have confined national...

It Takes a Pillage
  • Language: en
  • Pages: 314

It Takes a Pillage

A former Wall Street manager turned muckraking journalist gets inside how the banks looted the Treasury, stole the bailout, and continued with business as usual We all watched as packs of former Big Financiers commandeered posts in Washington and lavished trillions in bailouts to "save" big Wall Street firms that used that money for anything and everything except to fill in Main Street's potholes. We all watched as Wall Street heavyweights fought tooth and nail to declaw financial reform and won. Former Wall Streeter Nomi Prins has been watching, too, and she is not going to let them get away with it. More than just an angry populist, commentator stuck on the sidelines, Prins understand Big ...

It Takes a Pillage
  • Language: en
  • Pages: 312

It Takes a Pillage

  • Type: Book
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  • Published: 2010-12-07
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  • Publisher: SWN Books

"Nomi knows. Having been at Goldman Sachs, Nomi Prins knows the mind-set, knows how to read spreadsheets, knows the people, and knows Wall Street's games. Nomi knows and now Nomi tells." --Jim Hightower, author of "Swim against the Current" "If you want to understand why Wall Street is disgraced but still calling the shots, you can't do better than the brilliantly written and documented It Takes a Pillage." --Robert Kuttner, author of "Obama's Challenge" After months of various drafts and political infighting, Congress finally passed, and President Obama signed into law, a bill that was supposedly the biggest financial reform bill in decades. The big question is, do the supporters of this bi...

Summary: It Takes a Pillage
  • Language: en
  • Pages: 18

Summary: It Takes a Pillage

  • Type: Book
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  • Published: 2017-01-30
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  • Publisher: Primento

The must-read summary of Nomi Prins's book: “It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals From Washington to Wall Street”. This complete summary of "It Takes a Pillage" by Nomi Prins, a renowned journalist and former Wall Streeter, presents her argument that the current crisis is not the result of subprime mortgages but of the financial system. She proposes solutions and reforms to try to deal with this problem. Added-value of this summary: • Save time • Understand how Wall Street took advantage of its own bailout • Expand your knowledge of American economics and politics To learn more, read "It Takes a Pillage" and discover the dark insider secrets of Wall Street and the financial crisis.

Black Tuesday
  • Language: en

Black Tuesday

Leila Khan, immigrant, is working at a Wall Street diner when she meets banker Roderick Morgan, nephew to J.P. (Jack) Morgan. Leila uncovers secrets about Jack's business deals and Roderick's role in them. Then a body falls from the top of the Morgan bank building and Leila's world comes crashing down around her. In the process she discovers startling facts about both Wall Street and herself.

Hypercapitalism
  • Language: en

Hypercapitalism

  • Type: Book
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  • Published: 2018
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  • Publisher: Unknown

Machine generated contents note: Companies mentioned and location: -- Advanced Technology Services, Peoria, IL Caterpillar, Peoria, IL World's Finest Chocolate, Chicago, IL Milwaukee Gear, Milwaukee, WI Ford Motor Company, St. Louis, MO Wunderlich Fibre Box Company, St. Louis, MO General Motors, St. Louis, MO; Wentzville, MO Anheuser-Busch, St. Louis, MO McDonald-Douglas, St. Louis, MO Industrial Engineering and Equipment Company (Indeeco), St. Louis, MO; Brentwood, MO; Boonville and Cuba, MO ASPEQ Holdings (a private equity firm), St. Louis, MO Emerson Electric, Ferguson, MO GlaxoSmithKline (manufacturing Tums), St. Louis, MO

The Twilight of American Culture
  • Language: en
  • Pages: 224

The Twilight of American Culture

An emerging cult classic about America's cultural meltdown—and a surprising solution. A prophetic examination of Western decline, The Twilight of American Culture provides one of the most caustic and surprising portraits of American society to date. Whether examining the corruption at the heart of modern politics, the "Rambification" of popular entertainment, or the collapse of our school systems, Morris Berman suspects that there is little we can do as a society to arrest the onset of corporate Mass Mind culture. Citing writers as diverse as de Toqueville and DeLillo, he cogently argues that cultural preservation is a matter of individual conscience, and discusses how classical learning might triumph over political correctness with the rise of a "a new monastic individual"—a person who, much like the medieval monk, is willing to retreat from conventional society in order to preserve its literary and historical treasures. "Brilliantly observant, deeply thoughtful ....lucidly argued."—Christian Science Monitor