Bøger af Nomi Prins

Central banks and institutions like the IMF and the World Bank are overstepping the boundaries of their mandates by using the flow of money to control global markets and dictate economic policy both at the domestic and global level. These public institutions have become so dependent on funding from private banking and the revolving door between the two worlds is so smooth that public and private banks are effectively working toward the same goals. Packed with bold-faced names from the world of finance--from Janet Yellen, Mario Draghi, and Ben Bernanke to Christine Lagarde and Angela Merkel--Collusion sheds a bright light on the dark conspiracies and unsavory connections between what is ostensibly private and public banking and how it affects us.

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?

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.

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” 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.       Nomi 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.”

Critical, independent voices are seldom found within the citadels of international finance. Thats 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 expos, named one of the best books of 2004 by The Economist, Barrons, 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.

Nomi Prins, a former Wall Street insider, shows how six powerful Wall Street bankers became the unelected leaders of the 20th century that operated as a shadow government that transformed American economy and life. Through a riveting revisionist history, Prins reveals the surreptitious and highly personal connection between six influential bankers, and the highest office in the land.