It Takes a Pillage: An Epic Tale of Power, Deceit, and Untold Trillions

( 8 )

Overview

A former Wall Street manager turned muckraking journalist gets inside how the banks looted the Treasury, stole the bailout, and continued with business as usual

We all watched as packs of former Big Financiers commandeered posts in Washington and lavished trillions in bailouts to "save" big Wall Street firms that used that money for anything and everything except to fill in Main Street's potholes. We all watched as Wall Street heavyweights ...

See more details below
Paperback
$15.84
BN.com price
(Save 6%)$16.95 List Price

Pick Up In Store

Reserve and pick up in 60 minutes at your local store

Other sellers (Paperback)
  • All (10) from $1.99   
  • New (4) from $5.88   
  • Used (6) from $1.99   
Sending request ...

Overview

A former Wall Street manager turned muckraking journalist gets inside how the banks looted the Treasury, stole the bailout, and continued with business as usual

We all watched as packs of former Big Financiers commandeered posts in Washington and lavished trillions in bailouts to "save" big Wall Street firms that used that money for anything and everything except to fill in Main Street's potholes. We all watched as Wall Street heavyweights fought tooth and nail to declaw financial reform and won.

Former Wall Streeter Nomi Prins has been watching, too, and she is not going to let them get away with it. More than just an angry populist, commentator stuck on the sidelines, Prins understand Big Finance and big money and big schemes-and in this book she exposes the fundamental follies of our economic system and the schemes of the bigwigs who have no intention of letting it change.

  • Remarkably combines detail, clarity, and narrative momentum, revealing all the ways in banks gamed the system to get the most money with the least oversight.
  • Exposes the power-bankers who bagged more than $5 billion in compensation before and after their companies grabbed more than a trillion dollars in federal bailout subsidies-and how the government's indignation at this didn't lead to change.
  • Shows how the most egregious pillagers work at the Fed and Treasury department, detailing how Hank Paulson, Ben Bernanke, and Tim Geithner siphoned off $10.7 trillion from the public's future for Big Finance's present, all the while telling us it was for our own good.
  • Slams a financial system that will not change, if our government doesn't force it to change, no matter what happens in the so-called free market and why the 'sweeping' financial reform bill passed after Wall Street reconsolidated its power, is anything but sweeping or reformative.
  • Written by a former managing director at Goldman Sachs, now a senior fellow at Demos, who writes regularly on corruption in Washington and Wall Street for news outlets ranging from Fortune to Mother Jones.

If you're still enraged and frustrated with how the bank bailout went bust for the American people, or how Wall Street continues to operate as if the rest of the world doesn't matter, or how the banks are once again rolling in outsized profits and obscene bonuses while average Americans continue to struggle through a bleak landscape of foreclosures and job loss, It Takes a Pillage gives voice to your outrage, and provides a deeper insight into what we really have to be angry about and how we can fight for some real change.

Read More Show Less

Product Details

  • ISBN-13: 9780470928554
  • Publisher: Wiley, John & Sons, Incorporated
  • Publication date: 12/7/2010
  • Edition number: 1
  • Pages: 320
  • Sales rank: 507,799
  • Product dimensions: 5.50 (w) x 8.50 (h) x 0.90 (d)

Meet the Author

NOMI PRINS is a former managing director at Goldman Sachs, now a senior fellow at Demos, who writes on corruption in Washington and on Wall Street for Fortune, Mother Jones, AlterNet, the New York Times, the Daily Beast, and other publications. She is a frequent guest on national radio and television, including NPR, The NewsHour, and various CNBC, CNN, and Fox TV programs. Her previous books are Other People's Money and Jacked. Visit her Web site at www.nomiprins.com
Read More Show Less

Table of Contents

Acknowledgments.

Introduction: The More Wall Street Changes, the More It Stays the Same.

1 Where'd the Bailout Money Go, Exactly?

2 This Was Never about the Little Guy.

3 Everybody Wants to Be a Bank.

4 Government Sachs.

5 We Already Have a Bad Bank: It's Called the Federal Reserve

6 Everyone Saw This Coming.

7 Bonus Bonanza.

8 Big Banks Mean Big Trouble.

9 Change, Really?

The Real Numbers: Bailout, TARP, and CEO Compensation.

Notes.

Index.

Read More Show Less

Customer Reviews

Average Rating 4
( 8 )
Rating Distribution

5 Star

(3)

4 Star

(2)

3 Star

(1)

2 Star

(2)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 – 11 of 8 Customer Reviews
  • Anonymous

    Posted March 26, 2012

    Alicia

    R u bi?

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted March 16, 2012

    Nook s e x

    Who wanys some

    Was this review helpful? Yes  No   Report this review
  • Posted October 16, 2010

    fascinating view inside wallstreet

    too bad we didnt know 5 years earlier.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted January 12, 2010

    No text was provided for this review.

  • Anonymous

    Posted August 31, 2010

    No text was provided for this review.

  • Anonymous

    Posted February 11, 2012

    No text was provided for this review.

  • Anonymous

    Posted April 19, 2012

    No text was provided for this review.

  • Anonymous

    Posted January 6, 2010

    No text was provided for this review.

  • Anonymous

    Posted February 21, 2010

    No text was provided for this review.

  • Anonymous

    Posted July 24, 2011

    No text was provided for this review.

  • Anonymous

    Posted December 24, 2009

    No text was provided for this review.

Sort by: Showing 1 – 11 of 8 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)