Purchase
Other People's Money
Nomi Prins
The Corporate Mugging of America
New Press
August 2006
On Sale: August 1, 2006
368 pages
ISBN: 1595580638
EAN: 9781595580634
Paperback
Add to Wish List
Non-Fiction
In a widely acclaimed exposé, a former Wall Street insider
reveals how business executives and politicians schemed
their way to the bank. 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
this edition makes clear, everything remains in place for a
repeat performance.
Comments
No comments posted.
Registered users may leave comments.
Log in or register now!
| 
© 2003-2024 off-the-edge.net
all rights reserved Privacy Policy