| Description |
viii, 296 p. ; 25 cm. |
| Summary |
Former Wall Streeter Nomi Prins has been watching, too, and she isn't going to let them get away with it. She knows all about Big Finance and big money and moving numbers--and in this book she exposes the fundamental follies of our economic system and the schemes of the bigwigs who have no intention of letting it change. Prins explains that the current crisis did not happen because ordinary citizens were able to borrow a little more than they could afford, but because Wall Street converted loans into assets that allowed it to borrow much, much more than it could afford. She shows how the most egregious pillagers work at the Fed and Treasury department, detailing how Hank Paulson, Ben Bernanke, and Tim Geithner siphoned off $10.7 trillion from the public's future for Big Finance's present. |
| Bibliography |
Includes bibliographical references and index. |
| Subject |
Financial crises -- United States -- History -- 21st century.
|
|
Wall Street (New York, N.Y.) -- History -- 21st century.
|
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Intervention (Federal government) -- United States -- History -- 21st century.
|
| ISBN |
9780470529591 (cloth) |
|
0470529598 (cloth) |
| Standard No. |
BWX R1805891 |
|
CDX 9926985 |
|
AU@ 000044550423 |
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