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In Bed With Wall Street: The Conspiracy Crippling Our Global Economy
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Bibliographic Detail
Publisher St Martins Pr
Publication date January 7, 2014
Pages 225
Binding Hardcover
Book category Adult Non-Fiction
ISBN-13 9781137278722
ISBN-10 1137278722
Dimensions 1 by 6.12 by 9.25 in.
Weight 0.90 lbs.
Availability§ Publisher Out of Stock Indefinitely
Original list price $26.00
§As reported by publisher
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Summaries and Reviews
Amazon.com description: Product Description: The Wall Street meltdown in 2008 brought the country to its knees, and spawned nationwide protests against the lack of regulation and oversight facing Wall Street. But the average American still fails to fully grasp what was―and still is―happening: that the inmates continue to run the asylum. Doyle has been tracking this story for years through his blog Sense on Cents, and exposes here how Wall Street, our politicians, and the regulators themselves have conspired for personal and industry-wide gains while failing to protect investors, consumers, and the American taxpayer. He details the corrupt nature of Wall Street's financial police, who are little more than meter maids imposing fines that amount to nothing more than a slap on the wrist. He exposes the revolving door of Wall Street, wherein the regulators are all former or future employees of the very firms they're tasked with overseeing, and how they routinely serve the interests of the industry itself rather than protecting investors and markets. Recent bombshells―such as multi-billion dollar trading losses at JP Morgan Chase, the manipulation of interest rates via the LIBOR scandal, and money laundering with North American drug cartels and rogue nations such as Iran―are symptomatic of this corrosive culture and the lack of trust and confidence in the system. As the big banks fight tooth and nail to avoid real reforms that would protect the economy, this book is a timely, important, and shocking look inside the Washington-Wall Street conspiracy crippling America and the global economy.

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Hardcover
Book cover for 9781137278722
 
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from St Martins Pr (January 7, 2014)
9781137278722 | details & prices | 225 pages | 6.12 × 9.25 × 1.00 in. | 0.90 lbs | List price $26.00
About: The Wall Street meltdown in 2008 brought the country to its knees, and spawned nationwide protests against the lack of regulation and oversight facing Wall Street.

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