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Posted April 14, 2010
The Money Changers by Upton Sinclair
It is hard to believe that this book was written over 100 years ago even prior to the 1929 crash. How very poignant that many of the shenanigans pulled prior to the regulations placed on banks after the crash of 1929 were so highlighted in this book. And how after the removal of many of those regulations the banks began the reckless behavior that brought about the current banking bailouts of 2008!
This entertaining story with all the entrapments of society and life of 1908 is eye opening. I highly recommend it for book clubs - you will be amazed at the discussion it brings out. I can only imagine many a professors and/or teachers pulling out their old copy's to add to their reading lists.
Some of the most unimaginable parts (the wire tapping, private eye investigations, cleaning people paid to collect garbage, etc) and many other researching techniques used today were in use then! The journalist in the story tells of how story after story are quashed by the monied and powerful which is so uncannily linked to today's TV news, it is frightening. Storyline after storyline mirror society today I can't imagine anyone not being able to relate to some part of this story, which made one of the most enjoyable reads.