How the actions of a few in Europe destroyed the prosperity ofthe many (and how it's happening again now in America)
After the fall of the Roman Empire, vicious barbaric tribesincluding the Hunds lead by Atilla, the Mongols, Charlemagne andthe Vikings invaded Europe, plundering property and destroyinghomes. But, they didn't just steal and destroy property in thevillages; they also stole and destroyed any prosperity thevillagers had previously enjoyed. What's worse is the barbarians ofthe Dark Ages did all of this not out of any deeply held religiousor political belief, but, rather, for the oldest reason in the book– their own personal financial gain. Some things neverchange.
Barbarians of Wealth examines how the greedy,self-serving decisions of a select group of politicians andfinancial institutions negatively impacts the economy and,ultimately, destroys America's prosperity and the American way oflife. Compelling and engaging, the book
- Details how Goldman Sachs peddled mortgage backed securities upand down Wall Street while secretly betting against theirdemise
- Discusses how Sanford Weill, founder of Citigroup spent $100million lobbying for the repeal of the Glass-Steagall Act thatprevented the merger of commercial and investment banks and got hisway.
- Examines Christopher Dodd, head of the U.S. Senate BankingCommittee, has enriched himself while driving down the prosperityof his constituents
- Offers up examples of other modern barbarians, including theFederal Reserve, Alan Greenspan, Hank Paulson, and TimothyGeithner.
- Highlights greed driven tactics of Wall Street corporationsincluding JP Morgan, Merrill Lynch, and Salomon Brothers.
Barbarians of Wealth is a timely must read forhard-working Americans concerned with their prosperity, as well asfor those fascinated with the inner workings of Washington and WallStreet.
About the Author
SANDY FRANKS is Executive Publisher of the Taipan PublishingGroup and Editor of Taipan Insider. With an editorial focuson delivering market analysis, financial insight, and investmentideas, Taipan Publishing Group offers a unique and powerfulcombination of services and resources in print and on the Web.
SARA NUNNALLY is Research Director of the TaipanPublishing Group and coeditor of Smart Investing Daily. Shepublishes her research finding in investment research reports,in-depth investment videos, blog updates, and the essentialSmart Investing Daily communiqué.
Table of Contents
Part One: Great Barbarians of History.
Chapter 1 Attila the Hun: The Scourge of God.
Chapter 2 Charlemagne: The Clandestine Barbarian.
Chapter 3 The Vikings: Savage Pirates, Savvy Traders.
Chapter 4 Genghis Khan: Mighty Warrior.
Part Two: Banks: The Barbarians of Money.
Chapter 5 The Brotherhood of Power.
Chapter 6 Race to the Bottom Line.
Chapter 7 Say Goodbye To Gold.
Chapter 8 The Gatekeepers.
Chapter 9 Money for Nothing.
Chapter 10 The Barbarians'Powerful Ally.
Part Three: The Barbarians of Wall Street.
Chapter 11 The Scourge of Wall Street.
Chapter 12 Epic Tool of Destruction.
Chapter 13 The Brotherhood of Banks.
Chapter 14 Wall Street Bloodlines.
Part Four: Political Barbarians.
Chapter 15 The Monied-Class Rulers and Demigods.
Chapter 16 Barbarians in the Lobby.
Chapter 17 Global Barbarians.
Part Five: Protection Strategies.
Chapter 18 Diversification: The Key to Wealth Protection.
Chapter 19 Precious Metals: Inflation Protection Strategies.
Chapter 20 Barbarians of Wealth, Castles of Currency.
Chapter 21 Arm Yourself with Ultra-Resource-Rich Countries.
About the Authors.
Most Helpful Customer Reviews
I could not put this book down! Such an interesting book that gives a fresh perspective on the banking system and our country's financial crisis. I would definitely recommend this book to everyone!