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ISBN: 1565848365Издательство: New Press
Critical, independent voices are seldom found within the citadels of international finance. That's what makes Nomi Prins unique. During fifteen years in the upper flights of banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. Furthermore, as this eye-opening book testifies, she lived to tell the tale. The result is an insider's account of the big banks' giddy ride through the boom economy. Prins provides fascinating firsthand detail of day-to-day life in the financial leviathans, with all its rich absurdities and ceaseless power plays. Uncovering the old-boy networks and hot-money flows between Wall Street, Corporate America, and Capitol Hill, she also exposes the whitewash reforms brought in to control them. In the first years of the Bush administration some of America's most prominent corporate executives cashed out billions of dollars in stock options before driving their companies to ruin through fraud and...