Other People's Money: The Corporate Mugging of America

( 3 )

Overview

Critical, independent voices are seldom found within the citadels of international finance. That's what makes Nomi Prins unique. During fifteen years in the upper flights of banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. Furthermore, as this eye-opening book testifies, she lived to tell the tale.

The result is an insider's account of the big banks' giddy ride through the boom economy. Prins provides ...

See more details below
Hardcover
$24.27
BN.com price
(Save 9%)$26.95 List Price
Other sellers (Hardcover)
  • All (16) from $2.25   
  • New (8) from $12.98   
  • Used (8) from $2.64   
Other People's Money: The Corporate Mugging of America

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK 7.0
  • Samsung Galaxy Tab 4 NOOK 10.1
  • NOOK HD Tablet
  • NOOK HD+ Tablet
  • NOOK eReaders
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$10.49
BN.com price
(Save 38%)$16.95 List Price
This digital version does not exactly match the physical book displayed here.

Overview

Critical, independent voices are seldom found within the citadels of international finance. That's what makes Nomi Prins unique. During fifteen years in the upper flights of banks like Goldman Sachs, Bear Stearns, and Lehman Brothers, Prins never lost her ability to see the broader picture. Furthermore, as this eye-opening book testifies, she lived to tell the tale.

The result is an insider's account of the big banks' giddy ride through the boom economy. Prins provides fascinating firsthand detail of day-to-day life in the financial leviathans, with all its rich absurdities and ceaseless power plays. Uncovering the old-boy networks and hot-money flows between Wall Street, corporate America, and Capitol Hill, she also exposes the whitewash reforms brought in to control them.

In the first years of the Bush administration some of America's most prominent corporate executives cashed out billions of dollars in stock options before driving their companies to ruin through fraud and bankruptcy. In their wake they left a tangle of lost jobs, depleted pensions, and shattered lives. Yet to write off this corruption as the unbridled greed of a select few is an oversimplification. As Prins shows in this devastating expose, the much-publicized corporate malfeasance of recent years resulted from deregulation that trashed the rules of responsible corporate behavior. Faced with increasingly absent regulatory agencies, toothless legislation, and an utter lack of accountability, the stock market roared on the back of phony balance sheets while the executives made out like bandits and Congress looked the other way. Worse yet, everything remains in place for a repeat performance.

Read More Show Less

Editorial Reviews

From the Publisher

"The most revealing description yet of what it is like to work for the mighty Goldman Sachs." &#8212The Economist

"Exceedingly well-documented [and] fascinating." &#8212Library Journal

"A giddy romp through the old-boy networks and unending power plays of Wall Street, Corporate America, and Capitol Hill." &#8212Barron’s

Read More Show Less

Product Details

  • ISBN-13: 9781565848368
  • Publisher: New Press, The
  • Publication date: 10/5/2004
  • Pages: 342
  • Sales rank: 1,005,961
  • Product dimensions: 6.30 (w) x 9.44 (h) x 1.33 (d)

Meet the Author


Nomi Prins has worked at Goldman Sachs, Bear Stearns, Lehman Brothers, and Chase. She has written for the New York Times, Newsday, Fortune, and The Guardian and appeared on numerous international media programs. She is a senior fellow with the public policy center Demos and lives in New York City.
Read More Show Less

Table of Contents

Prologue : midsummer night's dream
1 The bank wars 27
2 Scratching backs : banks and corporations 71
3 Deregulation and creating instability 113
4 Enron, energy, and entropy 143
5 Telecom implosion 195
6 Examination and reform? 259
Read More Show Less

Customer Reviews

Average Rating 2.5
( 3 )
Rating Distribution

5 Star

(1)

4 Star

(0)

3 Star

(0)

2 Star

(1)

1 Star

(1)

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 all of 3 Customer Reviews
  • Anonymous

    Posted September 28, 2004

    A devastating indictment of corporate greed and regulatory complicity

    Other People¿s Money is a suspenseful, smart, compulsively readable account of the outrageous deceptions and monumental malfeasance of a number of high-flying corporations and the ego-driven executives who brought them to ruin ¿ along with the pensions, jobs and lives of thousands of American workers. Scarier still, the author convincingly argues that the reforms designed to prevent a recurrence of these scandalous doings are hopelessly inadequate to the task. Written by a Wall Street insider (who happens to be -- surprise! surprise! -- a terrific writer), this gripping book teases apart the tangled relationships among corporations, Wall Street and government regulators. Despite the fact that it¿s exceedingly thorough and well documented, the book is never dull or dry. The author¿s passion and wit come through on every page. Other People¿s Money is a ¿must-read¿ book ¿ and the sooner the better. It should absolutely be read by November 2!

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

    Posted August 1, 2011

    No text was provided for this review.

  • Anonymous

    Posted June 5, 2011

    No text was provided for this review.

Sort by: Showing all of 3 Customer Reviews

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