Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America

Predator Nation: Corporate Criminals, Political Corruption, and the Hijacking of America

by Charles H. Ferguson


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Charles Ferguson, who electrified the world with his Academy Award-winning documentary, Inside Job, now reveals how rogues with influence have taken over the country and are driving it to financial and social ruin.

In Predator Nation, Ferguson exposes the networks of academic, government, and congressional influence—in all recent administrations, including Obama's—that prepared the path to conquest. He reveals how once-revered figures like Alan Greenspan and Larry Summers have become mere courtiers to the elite. And based on many newly released court filings, he details the extent of the crimes—there is no other word—committed in the frenzied chase for storied wealth that marked the 2000s. And, finally, he lays out a brief plan of action for how we might take it back.

Product Details

ISBN-13: 9780307952561
Publisher: Crown Publishing Group
Publication date: 05/21/2013
Pages: 384
Sales rank: 964,320
Product dimensions: 5.10(w) x 8.60(h) x 0.60(d)

About the Author

Charles H. Ferguson wrote and directed the 2010 Academy Award-winning documentary Inside Job. He is a graduate of UC Berkeley and holds a Ph.D. in political science from MIT. A visiting scholar and lecturer at MIT and Berkeley, he has also been a senior fellow at the Brookings Institution. He has written four books, and is a member of the Council on Foreign Relations and a director of the French-American Foundation.

Table of Contents

chapter 1 Where We Are Now 1

chapter 2 Opening Pandora's Box: The Era of Deregulation, 1980-2000 24

chapter 3 The Bubble, Part One: Borrowing and Lending in the 2000s 53

chapter 4 Wall Street Makes a Bubble and Gives It to the World 79

chapter 5 All Fall Down: Warnings, Predators, Crises, Responses 120

chapter 6 Crime and Punishment: Banking and the Bubble as Criminal Enterprises 159

chapter 7 Agents of Pain: Unregulated Finance as a Subtractive Industry 208

chapter 8 The Ivory Tower 240

chapter 9 America as a Rigged Game 275

chapter 10 What Should Be Done? 325

Acknowledgments 331

Notes 333

Glossary 351

Index 357

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