(Download pdf) 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
||1 of 1 people found the following review helpful.| New financial instruments?|By Luther Mills|This book is about the derivative sales CDO and Credit Default Swaps of banks, hedge funds and insurance companies by brokers or salesmen, to consumers who have no idea what they are buying and only see the profit potential of the instrument. Many of the the buyers were large pension funds of government employees, school districts, m|From Publishers Weekly|Deeming himself the "Main Streeter" to explain the economic crisis to average Americans, author and researcher Leopold (The Men Who Hated Work and Loved Labor) does a cagey job explaining credit derivative obligations (CDOs), and their ro
How could the best and brightest (and most highly paid) in finance crash the global economy and then get us to bail them out as well? What caused this mess in the first place? Housing? Greed? Dumb politicians? What can Main Street do about it?
In The Looting of America, Leopold debunks the prevailing media myths that blame low-income home buyers who got in over their heads, people who ran up too much credit-card debt, and government interfe...
[PDF.sj69] 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 Rating: 3.56 (535 Votes)
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You can specify the type of files you want, for your gadget.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 | Les Leopold.Not only was the story interesting, engaging and relatable, it also teaches lessons.
