The Looting of America

The Looting of America

How Wall Street's Game of Fantasy Finance Destroyed Our Jobs, Pensions, and Prosperity, and What We Can Do About It

Book - 2009
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Publisher: White River Junction, Vt. : Chelsea Green Pub., c2009.
ISBN: 9781603582056
1603582053
Characteristics: xvii, 219 p. : ill. ; 22 cm.

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StarGladiator
Jun 02, 2013

"Leopold tells the story of how we fell victim to Wall Street's exotic financial products.." Mr. Leopold is an outstanding author, and his latest book on hedge funds is superlative in nature, and since this book was published in 2009, he most likeley wasn't aware of the naked swaps/infinite insurance swindles going on. Nothing exotic about an unlimited (and that word "unlimited" must be understood) number of insurance policies, or naked swaps [uncovered credit default swaps] bought against various debt and debt vehicles. That's the way they designed it, and that's how the profited from the economic meltdown and the privatization of profits and the socialization of THEIR debt!

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rmclin
Jul 04, 2011

Great book for learning about the current economic crisis. Could not put it down!

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