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Thursday, October 24, 2013

Undue Influence

Charles R. Geisst, "Undue Influence: How the Wall Street Elite Puts the Financial System at Risk" Publisher: Wiley | 2004 | ISBN: 0471656631 | English | PDF | 314 pages | 5.58 Mb “A critical look at over 80 years of conflict, collusion, and corruption between financiers and politicians ... "Undue Influence" paints a vivid portrait of the dealings between "the few", in this case members of Congress, the banking community, and the Fed, and sheds light on how radical new deregulatory measures could be introduced by unelected officials and then foisted upon Congress in the name of progress. In the process, the background of the new financial elite is examined-because they are markedly different than their predecessors of the 1920s and 1930s. Undue Influence also brings readers up to speed on other important issues, including how the financial elite has been able to perpetuate itself, how the markets lend themselves to these special interest groups, and how it is possible that after 80 years of financial regulation and regulatory bodies the same problems of financial malfeasance and fraud still plague the markets. 
 
 How the Wall Street Elite Puts the Financial System at Risk" (repost)
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