It Takes a Pillage: Behind the Bailouts, Bonuses, and Backroom Deals from Washington to Wall Street by Nomi Prins. John Wiley &amp; Sons Inc.,2009

It Takes a Pillage: Behind the bailouts,bonuses, and backroom deals

Business & Money

Prins, Nomi

Economics

John Wiley&Sons, Inc.

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 Finance and big money and big schemes-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. <ul> <li>Remarkably combines detail, clarity, and narrative momentum, revealing all the ways in banks gamed the system to get the most money with the least oversight.</li> <li>Exposes the power-bankers who bagged more than $5 billion in compensation before and after their companies grabbed more than a trillion dollars in federal bailout subsidies-and how the government's indignation at this didn't lead to change.</li> <li>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, all the while telling us it was for our own good.</li> <li>Slams a financial system that will not change, if our government doesn't force it to change, no matter what happens in the so-called free market and why the 'sweeping' financial reform bill passed after Wall Street reconsolidated its power, is anything but sweeping or reformative.</li> <li>Written by a former managing director at Goldman Sachs, now a senior fellow at Demos, who writes regularly on corruption in Washington and Wall Street for news outlets ranging from Fortune to Mother Jones.</li> </ul> If you're still enraged and frustrated with how the bank bailout went bust for the American people, or how Wall Street continues to operate as if the rest of the world doesn't matter, or how the banks are once again rolling in outsized profits and obscene bonuses while average Americans continue to struggle through a bleak landscape of foreclosures and job loss, It Takes a Pillage gives voice to your outrage, and provides a deeper insight into what we really have to be angry about and how we can fight for some real change.

It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions

wiley

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 Finance and big money and big schemes-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. <ul>
<li>Remarkably combines detail, clarity, and narrative momentum, revealing all the ways in banks gamed the system to get the most money with the least oversight.</li> <li>Exposes the power-bankers who bagged more than $5 billion in compensation before and after their companies grabbed more than a trillion dollars in federal bailout subsidies-and how the government's indignation at this didn't lead to change.</li> <li>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, all the while telling us it was for our own good.</li> <li>Slams a financial system that will not change, if our government doesn't force it to change, no matter what happens in the so-called free market and why the 'sweeping' financial reform bill passed after Wall Street reconsolidated its power, is anything but sweeping or reformative.</li> <li>Written by a former managing director at Goldman Sachs, now a senior fellow at Demos, who writes regularly on corruption in Washington and Wall Street for news outlets ranging from Fortune to Mother Jones.</li> </ul>
If you're still enraged and frustrated with how the bank bailout went bust for the American people, or how Wall Street continues to operate as if the rest of the world doesn't matter, or how the banks are once again rolling in outsized profits and obscene bonuses while average Americans continue to struggle through a bleak landscape of foreclosures and job loss, It Takes a Pillage gives voice to your outrage, and provides a deeper insight into what we really have to be angry about and how we can fight for some real change.

As an insider--including stints as managing director at Goldman Sachs and Bear Stearns--Nomi Prins can speak with authority about the Bush administration's financial chicanery.

Jacked: How "Conservatives" Are Picking Your Pocket (Whether You Voted for Them or Not)

Politics & Social Sciences

Politics & Government

Polipoint Pr

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 bill really believe it will change Wall Street? Or do they simply hope it'll be enough to placate us so the status quo can be validated? Nomi Prins assumes the latter, because they can't be that naive. In It Takes a Pillage, former Wall Street insider turned muckraking journalist Nomi Prins explains how we are building a new bubble with more leverage, bigger bonuses, rampant speculation and fraud, amid extended unemployment and personal financial decline. The cowering of Washington bureaucrats in the face of the power and influence exerted by the Big Banks threatens the economic well-being of us all. The scariest part is that, for all the trillions that have been spent or remain committed to the bloated stalwarts of Wall Street, our economic system is still in disarray. Average Americans continue to struggle while the banks are once again rolling in outsized profits and obscene bonuses. It Takes a Pillage is packed with the information you need to understand the financial crisis and what has followed, and to gain deeper insight into how to fight for real change.

SWN Books

This mesmerizing historical novel captures the swirl of New York City's greed, power, romance and desperation on the cusp of the Great Stock Market Crash of 1929 and Great Depression, eerily mirroring the present. In this vivid tableau of New York with its colorful, diverse cast of characters, Black Tuesday evokes the passion and atmospheric tension of one of our most fascinating historical epochs. From the beleaguered immigrant community of the Lower East Side to the feral pit of Wall Street and the alluring glitter of Park Avenue, Nomi Prins reveals a world of fraud, obsession and economic devastation in a turbulent era that shines a revealing, and disturbing, light on today's world. Black Tuesday is an epic saga that probes the complex intersections of class, family loyalty, desire, and the terrible consequences of deception, avarice, and power. Meet Leila Khan - a vivacious, determined immigrant, struggling to find her purpose in a tumultuous America. Her job at a Wall Street diner introduces her to banker, Roderick Morgan – a captivating yet haunted alcoholic - controlled by his ruthless uncle, bank mogul Jack Morgan. As Leila and Roderick’s flirtations deepen into an illicit affair, Leila becomes a marked woman in more ways than one. She uncovers dark, dangerous secrets about Jack’s business deals, and Roderick’s role in them. But when a body plunges from the top of the Morgan Bank, Leila’s world comes crashing down around her. Trying to balance an allegiance to her family, and a fierce need for the truth, Leila delves into a shadowy world of wealth and corruption. In the process she discovers startling facts about both the Wall Street Empire and herself. Her dilemma is timeless and universal, asking the questions - who are we as individuals? As a country? What is it we finally want to become?

Black Tuesday

Literature & Fiction

Genre Fiction

CreateSpace Independent Publishing Platform

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 prot�g� relationships that have confined national influence to a privileged cluster of people.This unprecedented history of American power illuminates how financiers have retained their authoritative position through history, swaying presidents regardless of party affiliation. It explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.

All the Presidents' Bankers: The Hidden Alliances That Drive American Power

Tantor Audio

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 protege relationships that have confined national influence to a privileged cluster of people.      This unprecedented history of American power illuminates how financiers have retained their authoritative position through history, swaying presidents regardless of party affiliation. It explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.

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 protege relationships that have confined national influence to a privileged cluster of people. This unprecedented history of American power illuminates how financiers have retained their authoritative position through history, swaying presidents regardless of party affiliation. It explores the alarming global repercussions of a system lacking barriers between public office and private power. Prins leaves us with an ominous choice: either we break the alliances of the power elite, or they will break us.

A riveting exposé of a permanent financial dystopia, its causes, and real-world consequences\nIt 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.\nThis parting from reality has its roots in an emergency response to the financial crisis of 2008. “Quantitative Easing” injected a vast amount of cash into the economy—especially if you were a major Wall Street bank. What began as a short-term dependency became a habit, then a compulsion, and finally an addiction.\nNomi Prins relentlessly exposes a world fractured by policies crafted by the largest financial institutions, led by the Federal Reserve, that have supercharged the financial system while selling out regular citizens and leading to social and political reckonings. She uncovers a newly polarized world of the mega rich versus the never rich, the winners and losers of an unprecedented distortion that can never return to “normal.”

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever

PublicAffairs

See the best price to sell, buy, or rent books by Prins, Nomi. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Prins, Nomi

See the best price to sell, buy, or rent books by Prins, Nomi. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

It Takes a Pillage: Behind the bailouts,bonuses, and backroom deals

It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions

It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions

Jacked: How "Conservatives" Are Picking Your Pocket (Whether You Voted for Them or Not)

It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions

Black Tuesday

All the Presidents' Bankers: The Hidden Alliances That Drive American Power

All the Presidents' Bankers: The Hidden Alliances That Drive American Power

All the Presidents' Bankers: The Hidden Alliances That Drive American Power

Permanent Distortion: How the Financial Markets Abandoned the Real Economy Forever